Russian Oil and Gas Industry: News

Gazprom CEO discussed implementation of Nord Stream-2 project in France — company

Rusnano and Gazprom shake hands on nanotech pipes and parts

Gazprom, Russia’s gas giant, and Rusnano, the national nanotech corporation, have agreed to continue cooperation in bringing nanotech products to the natural gas monopoly’s sites across Russia, Rusnano announced.

The partners looked into new opportunities in use of composite pipes and coupling components by Gazprom. It was decided to continue the preparation of technical specifications for such pipes and components for Gazprom’s main gas transportation pipelines. With approval of operational prototypes to be made based on the specifications, Gazprom may agree to use the innovative solutions in its pilot pipelines.

The partners also kept looking into ways of introducing composite pipes to Gazprom’s water supply projects, gas production pipelines on fields and some other pipelines to be made provisionally as a field is being developed. Some of the new pipes have already been tested at Gazprom Neft, the oil-producing asset of the gas company; more tests are expected on Gazprom’s electrical energy subsidiaries.

Gazprom is also considering using nanotech products, including those manufactured by Rusnano’s portfolio assets, in its ambitious Eastern Gas production program in Russia’s Far East.

2016 Budget Oil and Gas will provide 44 % of total budget revenue

http://ria.ru/economy/20151026/1308199717.html

So 6% less than stated 50% but 6% higher than apparent official report of 38%. I find that suspicious.

That said, according to RIA (on smartphone so it is hard to translate) said Russia will gain 3B rubles from Sakhalin-2 in 2016 after dividends and what not. So I think Russian LNG will be Russias ticket to more profits.

Construction of the LNG terminal in the Leningrad region will begin in February 2016 РИА Новости http://ria.ru/economy/20151026/1308571760.html#ixzz3piNCPQut

Russia's Gazprom, Singapore's Pavilion Gas sign 10-years agreement on LNG supplies

http://tass.ru/en/economy/832025

http://tass.ru/en/economy/832020

I would tell Turkey they can take a hike. And demand payment ahead of time for gas and no discounts. If no payment, no gas.

In Komi, launched the construction of the gas pipeline "Ukhta-Torzhok-2"

October 27 in Ukhta was welded the first joint of the main gas pipeline "Ukhta - Torzhok - 2". The gas pipeline will be built and ready for use before the end of 2019.

September 4, 2015 «Gazprom», BASF, E.ON, ENGIE, OMV and Shell have signed a shareholders agreement to establish a pipeline system "Nord Stream 2" capacity of 55 billion cubic meters. meters of gas per year from Russia to Germany under the Baltic Sea.

For the gas supply to the "Nord Stream 2," you want to create a new gas transport infrastructure as part of the Unified Gas Supply System of Russia. The length of new gas pipelines - about 3 thousand. Km.

A key element is the project of construction of gas pipeline "Ukhta - Torzhok - 2". The pipeline will deliver the necessary volumes of gas on the North-West Russia for the gasification and gas supply domestic consumers and export.

The pipeline "Ukhta - Torzhok - 2" will be about 970 km, the design capacity - 45 billion cubic meters. meters of gas per year. The composition of the gas pipeline will include eight compressor stations with total capacity of 689 MW.

France confirms its interest in Nord Stream-2 project — Russia’s Energy Minister

The project concerning the expansion of the Nord Stream gas pipeline will be carried out together with the French company ENGIE

MOSCOW, October 28. /TASS/. France has confirmed its interest in the Nord Stream-2 project, Russia’s Energy Minister Alexander Novak told reporters.

"We have discussed the issues of cooperation between Russian and French companies. In particular, the biggest project will be carried out together with the French company ENGIE — it concerns the expansion of the Nord Stream gas pipeline — its third and fourth lines. France confirmed its interest in the project," Novak said.

On Wednesday, Novak met Segolene Royal, France’s Ministry of Ecology, Sustainable Development and Energy. The ministers discussed a successful experience of Russian-French cooperation in energy sector, including the Yamal LNG and the Nord-Stream-2 pipeline.

Nord Stream 2 pipeline will have the throughput capacity of 55 bln cubic meters. Gas will be transported from Russia across the Baltic Sea to Germany, the UK, France, Denmark and other countries bypassing Ukraine. France’s Engie is one of the shareholders of the project

Yamal LNG is a large-scale project on creating a liquefied natural gas production facility with 16.5 mln tonnes per year capacity on the base of the resources in Russia’s Yamal peninsula. The project’s proven and probable gas reserves amount to 927 bln cubic meters. The project involves the creation of transport infrastructure, including a seaport and an airport near the Sabetta village (north-east of the Yamal Peninsula). Russia’s Novatek holds 60% in Yamal-LNG, while France’s Total and China’s CNPC hold 20% each in the project.

Construction of LNG Terminal in Leningrad Region to Start in February

Cryogaz company, owned by Gazprombank, plans to start construction of a LNG production and reloading terminal at the port of Vysotsk in the Leningrad region early next year, the press service of the regional government reported.

ST. PETERSBURG (Sputnik) — Yaroslav Golko, first vice president of Gazprombank, the project’s investor, said the bank and the regional government are engaged in constructive dialogue. Golko said the company will launch the project in February.

“This project is important for the Leningrad Region. The terminal will increase the number of jobs and replenish the budget with taxes. About 700,000 metric tons of gas will be exported. We welcome the decision of Gazprombank to support the project and are also ready to help, for instance, in rezoning land plots as industrial areas,” Head of the Leningrad Region Alexander Drozdenko said at a meeting with the company’s executives.

The flare system at Russia's first liquefied natural gas (LNG) plant (the Sakhalin II project), built by Sakhalin Energy Investment Company Ltd. in the village of Prigorodnoye in southern Sakhalin.

The terminal will produce 660,000 metric tons of LNG a year. The project also provides for building a branch off of the Leningrad-Vyborg-State Border gas main.

The project will create from 100 to 120 jobs. The construction (including the preparatory period) will take from three to four years (2015- 2018). Gazprombank plans to invest about 50 billion rubles in the project.

Cryogaz is now surveying land plots for the construction of the terminal and the branch of the gas main.

Cryogaz was established in 2004 and is now fully owned by Gazprombank.

Read more: http://sputniknews.com/science/20151028/1029228073/russian-leningrad-region-lng-terminal-construction.html#ixzz3psFDRtm6

I just love my new old Aryan overlords!!!

German Vice-Chancellor Urges to Keep Politics Out of Nord Stream-2 Pipeline

http://sputniknews.com/business/20151028/1029248295/nord-stream-gas-pipeline-politicized.html#ixzz3pt9d1pu9

http://sdelanounas.ru/blogs/69791/

Looky here!

sepheronx wrote:http://www.testpilot.ru/russia/tsiam/holod/holod.htm

Looky here!

Wrong forum.

magnumcromagnon wrote:

sepheronx wrote:http://www.testpilot.ru/russia/tsiam/holod/holod.htm

Looky here!

Wrong forum.

I should check the link I am posting before I submit.

Here is what I meant to post:
http://sdelanounas.ru/blogs/69791/

I updated last post.

Russia’s Gazprom, Kuwait Petroleum Corporation Agree on LNG Cooperation Read more: http://sputniknews.com/business/20151111/1029902205/gazprom-kuwait-petroleum-lng.html#ixzz3rADi8B9w

Russian energy giant Gazprom and the Kuwait Petroleum Corporation agreed to cooperate in liquefied natural gas (LNG), liquefied hydrocarbon gases (LHG) and other petrochemical projects, as well as in scientific, technical and investment areas, the Russian company said Tuesday.

MOSCOW (Sputnik) – At present, Gazprom is implementing the Baltic LNG project, a proposed LNG plant construction, in Russia's Leningrad Region oriented at the European and Latin American markets. The plant's capacity will be 10 million tons of LNG per year with the possibility of expansion up to 15 million tons.


Read more: http://sputniknews.com/business/20151111/1029902205/gazprom-kuwait-petroleum-lng.html#ixzz3rADkxdM9

Russia Launches Crude Benchmark to End Dependence on Dollar, Brent

another giant leap for the Russian oil industry

They did this for Natgas a while back and apparently worked out for them (created local trading/auction HQ). So this will as well.

Karl Haushofer wrote:

George1 wrote:Russia is not going to cut oil production — Energy Minister

How many more years or decades can Russia maintain it's current output?

Very long time.  Hundreds of years with current fields.  With new fields, even longer.

sepheronx wrote:

Karl Haushofer wrote:

George1 wrote:Russia is not going to cut oil production — Energy Minister

How many more years or decades can Russia maintain it's current output?

Very long time.  Hundreds of years with current fields.  With new fields, even longer.

Gas yes, but oil, not sure?