The estimated cost of the second exploration well in the first gas field discovered during Azerbaijan’s independence years – the gas field Umid in the Azerbaijan sector of the Caspian Sea – makes up 81.3 million American dollars, such information was published at the official website of the State oil company of Azerbaijan (SOCAR) on […]

The Cabinet of Ministers of Ukraine has taken a decision to pass the state stock of shares of the 48 enterprises in gas supply and gas service installation sectors (City and Regional Gas services) from the nominal capital of the National Joint-Stock Company Naftogaz of Ukraine to the State Property Fund of Ukraine with the […]

The natural gas production by OAO NOVATEK for the third quarter of 2011 comprised 13.45 billion cubic meters which exceeds the same parameter of the third quarter of 2010 (8.50 billion cubic meters) by 58.2%, the press-service of the company reports.

In the course of geological prospecting at the Sakhalin shelf Gazprom discovered a new gas field on the Mynginskaya structure within the boundaries of the Kirinskoe prospecting site. This is already the second gas field discovered by Gazprom at the Kirinskoe prospecting site. Earlier in September 2010 Gazprom already discovered here a large Yuzhno-Kirinnskoe gas […]

The authorities of the Moscow region approved of the draft regulations according to which the gas for the needs of the population of the region will be delivered by three suppliers instead of one, which will enable mitigating risks associated with the gas supply irregularities. Earlier the Moscow region has only one company which supplied […]

Gazprom is to put the gas pipeline Nord Stream into operation on November 8. This was declared by Gazprom CEO Alexey Miller at the meeting with the Chairman of the Government of the Russian Federation Vladimir Putin. “The construction of the first line has been completed, now the commissioning and start-up are being carried out […]

Russia will have to make peace with Ukraine in the issue of gas price reconsideration, the ex-head of the press-service of the Naftogaz company Valentin Zamlyansky told the journalists commenting upon the outcomes of the negotiations between Viktor Yanukovich, Vladimir Putin and Dmitriy Medvedev. “Russia has to make peace with Ukraine because of the slowing […]

The large Russian petrochemical concern Sibur is interested in increasing the liquefied gas deliveries to Ukraine. This was declared by the chief expert in the marketing department of the Hydrocarbon Feedstock Division of the company Ivan Galaktionov. “We are surely planning to raise the volumes of deliveries to Ukraine, we can see the potential in […]

The gas transportation company of Georgia has officially informed the Armenian party (ZAO Armrosgazprom) about the temporary termination of Russian gas deliveries starting from 11:00 today. There are several reason to this decision: first, the necessity of carrying out assembly and commissioning works connected with putting in operation a new gas pipeline division Saguramo – […]

“Ukraine would like more clarity on the part of Russia and the European Union concerning the perspectives of using its gas transportation system”, — the Ukrainian media agencies quote the press-secretary of the Ukrainian prime-minister Vitaliy Lukyanenko saying. The Ukrainian party is concerned with Russia building a bypass pipeline beyond the boundaries of Ukraine. In […]