Total Oil

Kashagan will start commercial oil production by the beginning of October 2013

Kashagan will start commercial oil production of 75,000 barrels a day by the beginning of October 2013, the Minister of Oil and Gas of Kazakhstan, U. Karabalin says. Maximum daily production can reach 1.5 million barrels. Each partner of the Kashagan consortium transports its oil itself. Those obtaining quotas in CPC transport their oil via CPC, and the traditional export system Atyrau-Samara has some spare volumes. The Chinese direction is opened, and CNPC being one of the partners can use it.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

TMK has won the tender for premium pipe products supplies for Yamal LNG

TMK has won the tender for premium pipe products supplies for Yamal LNG JSC. The latter realizes the project for development of the South Tambey deposit located at North-Eastern Yamal. The large-scale project presupposes drilling of 200 wells, construction of an LNG plant with annual capacity of 16.5 million tons, an international sea port and an airport.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Total transfers proposals on the Shtokman to Gazprom

The French company Total has transferred its proposals on development of the Shtokman gas condensate field to Gazprom, the Deputy Director for Engineering and Construction of Total, Daniel Picard reported during the International Conference on the Arctic shelf development in St. Petersburg.
“This is a very important moment and we discussed it in Gazprom – we must review the (Shtokman field) development concept. And we believe that we have found a reasonable decision, which allows us to develop this field from the point of view of its economics. At present, we submitted our concept to Gazprom to conduct together more a detailed discussion and to find a mutually acceptable solution,” – he said.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil production at Kashagan will start in the near future

The chief of KazTransGaz S. Sultangali claims that oil production at Kashagan will start within the near months.
Earlier R. Jones, Deputy Executive Director of the International Energy Agency (IEA), said at the conference ‘Caspian shelf development’ in Atyrau that oil production at Kashagan would start in 2014, whereas they officially reported before that the date was October 2013.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Shah-Deniz determines objectives in Europe – Gazprom is threatened with competition in Greece and Italy

The consortium of Shah-Deniz plans to conclude the first contracts on the supply of Azerbaijani gas to Europe via the TANAP-TAP pipeline system, which competes with the Gazprom’s project South Stream, in September. From 2018, these two gas pipelines will have to divide the gas markets in the Balkans and Southern Europe. According to analysts, Gazprom may feel sure in Bulgaria, but it will have to seriously struggle with Shah-Deniz for the Greek market and new supplies to Italy.
The consortium, which develops the Shah-Deniz gas field in Azerbaijan, is going to conclude the first contracts on gas supply to European customers in September, the Interfax reports, referring to a representative of BP (the project operator) in Azerbaijan. “The contract terms have been coordinated with a number of customers in Bulgaria, Greece and Italy,” – he said.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

In June 2014, Yamal LNG will launch preparatory objects in the port of Sabetta

In June 2014, Yamal LNG will launch the preparatory infrastructure at the port of Sabetta. They include 4 moorings with total length of 915 m able to accept ships of classes Ro-Ro and Lo-Lo, and meant for the delivery of cargoes and technical modules for the arrangement of the deposit and the construction of the LNG plant. The contractor for the construction of preparatory objects is MRTS JSC.
The introduction to the operational of the preparatory period infrastructure will provide unloading and accepting of large technical modules weighting more than 8,000 tons.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Participants of the Shah-Deniz consortium purchase shares in the TAP project

Partners on development of the gas condensate field Shah-Deniz – BP, SOCAR and Total – have bought shares in the Trans Adriatic gas pipeline, TAP reports.
On June 28 of the current year, the Shah-Deniz consortium made a formal declaration about route of natural gas transportation to European countries, announced the choice of the TAP project instead of its alternative variant Nabucco (Nabucco West), the Novosti-Azerbaijan transmits.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Does Tajikistan really have large deposits of oil and gas?

The active search for hydrocarbons has begun in Tajikistan. Three foreign companies: Gazprom, CNPC and Total became firmly established at the market. The DW decided to find out what they can calculate on.
 
Tajikistan is living in conditions of an extreme gas shortage for more than half a year. From January 1st, neighboring Uzbekistan cut supplies of blue fuel to the country. As a result, dozens of large Tajik enterprises suspended their work. A difficult situation arose at an only export-oriented factory – the aluminum company Talko.
 
But Tajikistan hopes for its own hydrocarbon production in the future. Arrival of two large companies from China and France to the market and geological exploration, held by the Russian Gazprom add the optimism . These surveys should put an end to debates about the presence or absence of gas and oil in the Tajik territory.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

SOCAR to receive 20% in Tap project

SOCAR to receive 20% in Tap project

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Yamal LNG shareholders have agreed about exports at a rate of up to 50% of the plant's capacity

Yamal LNG shareholders have presented to the Ministry of Energy the data that they have agreed about LNG exports to the APO region at a rate of up to 50% of the LNG plant capacity, the Minister of Energy A. Novak says. These agreements are the recently signed contract with CNPC and the agreements with the traders about gas supplies to APO. Yamal LNG project proposes construction of an LNG plant with annual capacity of 16.5 million tons. the shareholders are Novatek and Total. Before October 1, CNPC is going to get a share of 20% in the project.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer