The Russian company is to receive 50% of shares in the project, while EdF and Wintershall are to get 15% each, and ENI – 20%. The Russian company Gazprom, the French EdF, the German Wintershall and the Italian ENI have signed the shareholder’s agreement on the South Stream. In accordance with the contract the French […]

On September 12 and 13 the delegation from Ukraine has been in Ashkhabad with the visit the main topic of which is the negotiating concerning the Turkmen gas delivery to Ukraine. Yury Boiko, the Minister of Energy and Coal Industry of Ukraine who accompanies the head if the state in this trip has declared more […]

OAO TMK one of the world’s largest manufacturers of pipes for oil and gas complex, has shipped solid-drawn line pipes to the Gazprom company to equip the subsea pipeline of the Kirinskoye gas-condensate field on the shelf of the Sakhalin island. This was reported by the press-service of TMK. The shipment included solid-drawn line pipes […]

The restructuring of the national joint-stock company Naftogaz of Ukraine planned by the Cabinet of Ministers will lead to reconsideration of the gas agreements with the Russian Gazprom. This was declared by Prime Minister Mykola Azarov in the press-conference in Kiev on Friday. Naftogaz of Ukraine will cease to exist as an economic agent, there […]

OAO Gazprom reports that they will need more than 3.2 professionals to engage in construction of the gas pipeline Yakutia-Khabarovsk-Vladivostok. Starting from the next year Gazprom intends to embark on the exploration of the Chayandinsky oil and gas condensate field. The plan is to start running oil from its oil fringe in 2014, and to […]

On August 24 President of the Russian Federation Dmitry Medvedev made a statement about the willingness of the government of the Russian Federation to apply an integration discount to the gas exported to the Republic of Ukraine on condition that Kyiv comes up with mutually beneficent economic proposals. President Medvedev believes that the terms of […]

The government of the Russian Federation announced that the compromise with Belarus on the issue of reducing gas prices starting from the beginning of the next year is reached, emphasizing the connection of this decision with the merger within the framework of the Customs Union and the acquisition of the second half of Beltransgaz assets […]

“The government of Ukraine is at present considering the possibility of repudiating a gas agreement with Russia of January 2009 in a judicial procedure”, — the prime-minister of the country Mykola Azarov says. The head of the Ukrainian government made this statement today, on August 5 in the court where he was questioned as a […]

The formal visit of the chairman of the State Duma of the Russian Federation Boris Gryzlov to the Republic of Slovenia took place on July 31. The meetings included the discussions on large strategic projects implementation, including the South Stream. According to the State Duma press-service, Gryzlov declared that “the North Stream and the South […]

Moscow and Tokyo concurred that it is very important for both parties to develop bilateral cooperation in the energy industry. In particular this refers to the joint exploitation of the hydrocarbon deposits in the Siberia and the Far East. On Tuesday Moscow hosted a working meeting in which the high-rank representatives of both countries took […]