Processing, EU Commission

Alexander Novak: Russia to continue working on reduction of dependence of Fuel and Energy Sector’s industries on foreign technologies

In 2018, 54 fields were launched in the oil industry, production in Eastern Siberia and the Far East grew at a faster pace. This was stated by the Russian Energy Minister Alexander Novak.

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European Commission Vice-President M.Sefcovic studies the letter of Alekperov, regarding Romanian oil refinery

The European Commission Vice-President M.Sefcovic received a letter from the head of LUKOIL V.Alekperov, concerning the situation involving the Romanian oil refinery of the company. But there is no decision on this question so far, the source, close to the European Union’s management stated.
Earlier, vice-president of LUKOIL for oil processing T.Muller asserted LUKOIL relies on the support of the EU Commission regarding the Romanian oil refinery. According to him, Alekperov sent an appropriate letter to Sefcovic.
“I can confirm that vice-president Sefcovic has got a letter from LUKOIL today and studies it. I have no other comments so far,” a companion of the agency stated.

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The RF Ministry of Industry and Trade expects to replace Western technologies in fuel and energy sector in 3 years.

The RF Ministry of Industry and Trade has developed a program for the replacement of Western technologies that are critical for the Russian fuel and energy sector. Such technologies in the field of exploration, engineering services and general engineering must be replaced in 2016, according to the presentation to the meeting on import substitution in oil and gas engineering.
The RF Ministry of Industry and Trade has identified six groups of critical technologies in the fuel and energy sector, that Russian industry has to master in the next three years. In addition to the above, these are drilling, extraction and processing, software. Some of them, such as seismic systems and navigation equipment, are planned to be replaced already in 2016. Other - Arctic drilling, underwater and subglacial extraction, the hydraulic fracturing - in 2017, ITAR-TASS reports.

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