Regarding the OPAL decission...
https://www.stalkerzone.org/the-europeans-physically-shut-off-the-nord-stream-tap-everything-is-lost/
https://www.stalkerzone.org/the-europeans-physically-shut-off-the-nord-stream-tap-everything-is-lost/
TYUMEN, Sep 18 - RIA News. Gas reserves of all categories in Russia amount to 73 trillion cubic meters, said the head of the Ministry of Natural Resources of the Russian Federation Dmitry Kobylkin, speaking at the Tyumen Oil and Gas Forum.
"Gas reserves of all categories amount to 73 trillion cubic meters," the minister said.
"In terms of production, we share the first line only with the United States," he added.
Gas production in the Russian Federation in 2018 increased by about 5%, to 725 billion cubic meters - a record for 18 years.
Bulgaria expects to build a branch line of the "Turkish stream" in Serbia until the beginning of 2020.
The contractor on the section of the pipeline will be a consortium led by Saudi company Arkad, but the pipe will be Russian.
The state Corporation "VEB.Of the Russian Federation" and China development Bank (CSDB) has agreed a strategic partnership in financing the construction of a plant for processing natural gas Discovery.
Today, we at the CSDB has made another important step in the development of investment cooperation between our countries. The construction of the plant in Nakhodka is a large and interesting project, it is very important for the Far East and diversification of the Russian economy.
CSDB will provide the syndicate VEB-VTB loan of $1.8 billion, and "the web.Russia" and VTB will invest in the project $2.5 billion, the Design capacity of the first phase of the project will amount to 1.8 million tons of methanol per year. Natural gas for the plant will supply from fields in Sakhalin.
Design and start of construction of the plant will begin in 2019, output at full capacity is planned for mid-2023
flamming_python wrote:The nerve of it is pretty severe. Very arrogant. Putin has already promised Merkel that some gas will continue to transit the Ukraine. However it seems this pledge wasn't enough. They're demanding more.
Cyberspec wrote:Regarding the OPAL decission...
https://www.stalkerzone.org/the-europeans-physically-shut-off-the-nord-stream-tap-everything-is-lost/
Russia and Bulgaria begin construction of the Balkan Stream gas pipeline
Russia's Novatek sees enough gas for third big LNG plant: CEO
TOKYO (Reuters) - Russia’s top private gas producer Novatek expects newly acquired licenses will give it enough resources for a third liquefied natural gas (LNG) plant in its super-cooled gas cluster, CEO Leonid Mikhelson said.
Novatek already has a Yamal LNG plant running at annual capacity of 16.5 million tonnes of super-cooled gas. It plans to start another project, Arctic LNG 2, in 2023.
Arctic LNG 2, with planned annual capacity of 20 million tonnes of LNG, is located on the Gydan peninsula across the straight from the LNG plant on the Yamal peninsula.
Novatek is looking to build more LNG facilities in the area as it aims to produce as much LNG as Qatar.
Mikhelson, who is also a major Novatek shareholder, told reporters in Tokyo that in two years’ time, the three gas production licenses Novatek has on the Gydan peninsula would “give the necessary resource base for another LNG project of the size of Arctic LNG 2.” He did not give a timeframe for the project.
Separately, Novatek said it has signed an agreement with Japan’s Mitsui O.S.K. Lines and JBIC to implement projects to build marine LNG transhipment complexes in the Kamchatka and Murmansk regions of Russia.
“The... transhipment complexes will help to optimize logistics and maximize the efficiency of LNG deliveries from Yamal and Gydan to LNG key markets of the Asia-Pacific region,” Mikhelson said in a statement.
Yamal LNG capacity is expected to reach around 19 million tonnes a year after a fourth production line at the plant is launched by the end of this year. Novatek also operates a small-scale LNG plant with an annual capacity of under 1 million tonnes, which it plans to expand.
ROSGEOLOGY ESTIMATED AT 1.4 BILLION TONS OF AD INITIAL TOTAL HYDROCARBON RESOURCES ON THE SHELF OF THE NORTHERN KURIL ISLANDS
Austin wrote:Russian LNG attacked by ricochet
US sanctions deprive Yamal LNG of a third of the fleet
https://www.kommersant.ru/doc/4110332?from=main_2
owais.usmani wrote:Austin wrote:Russian LNG attacked by ricochet
US sanctions deprive Yamal LNG of a third of the fleet
https://www.kommersant.ru/doc/4110332?from=main_2
Not good!
Putin May Meet With Exxon’s Chief Executive This Week
Russia’s President Vladimir Putin may meet with the chief executive of U.S. oil supermajor ExxonMobil, Darren Woods, on the sidelines of an energy conference in Moscow this week, Dmitry Peskov, a spokesman for the Kremlin, said on Tuesday.
According to the spokesman for the Russian president, the Kremlin hopes that Putin could discuss energy issues with Woods on the sidelines of the forum on Wednesday.
Woods, as well as BP’s chief executive Bob Dudley, are slated to speak at the ‘Russian energy week’ forum on Wednesday in a panel that will also include a speech from OPEC Secretary General Mohammad Barkindo.
Ministers from OPEC countries, including Saudi Arabia’s new energy minister Prince Abdulaziz bin Salman, will also take part in the conference.
Putin plans to meet with OPEC’s Barkindo to discuss the cooperation between Russia and OPEC, including the production cut deal that has been in place since the beginning of 2017, Kremlin’s Peskov said last week, as carried by Russian media.
The Russian president has also planned a short meeting with Exxon’s Woods to discuss prospects of potential projects with Exxon’s participation in Russia, local media reported on Friday.
Woods and BP’s Dudley will make the trip to Russia after the relations between the West and Moscow began to strain in 2014, when Russia annexed Crimea and incurred western sanctions on some of its oil companies and on buying western equipment for developing projects in the Arctic, for example.
Following the U.S. sanctions on Russia, Exxon withdrew from most of its joint oil and gas exploration activities with Russia’s state-controlled oil giant Rosneft, giving in to the pressure of U.S. and EU sanctions against Russia’s energy industry. The decision, Exxon said in 2018, was made in 2017, after Washington imposed additional sanctions on Russia for its alleged involvement in the 2016 presidential elections.
BP, for its part, owns 19.75 percent in Rosneft and nominates two representatives to Rosneft’s Board of Directors: CEO Dudley and Guillermo Quintero, former BP President for Latin America.
owais.usmani wrote:https://oilprice.com/Latest-Energy-News/World-News/Putin-May-Meet-With-Exxons-Chief-Executive-This-Week.html
Putin May Meet With Exxon’s Chief Executive This Week
Russia’s President Vladimir Putin may meet with the chief executive of U.S. oil supermajor ExxonMobil, Darren Woods, on the sidelines of an energy conference in Moscow this week, Dmitry Peskov, a spokesman for the Kremlin, said on Tuesday.
According to the spokesman for the Russian president, the Kremlin hopes that Putin could discuss energy issues with Woods on the sidelines of the forum on Wednesday.
Woods, as well as BP’s chief executive Bob Dudley, are slated to speak at the ‘Russian energy week’ forum on Wednesday in a panel that will also include a speech from OPEC Secretary General Mohammad Barkindo.
Ministers from OPEC countries, including Saudi Arabia’s new energy minister Prince Abdulaziz bin Salman, will also take part in the conference.
Putin plans to meet with OPEC’s Barkindo to discuss the cooperation between Russia and OPEC, including the production cut deal that has been in place since the beginning of 2017, Kremlin’s Peskov said last week, as carried by Russian media.
The Russian president has also planned a short meeting with Exxon’s Woods to discuss prospects of potential projects with Exxon’s participation in Russia, local media reported on Friday.
Woods and BP’s Dudley will make the trip to Russia after the relations between the West and Moscow began to strain in 2014, when Russia annexed Crimea and incurred western sanctions on some of its oil companies and on buying western equipment for developing projects in the Arctic, for example.
Following the U.S. sanctions on Russia, Exxon withdrew from most of its joint oil and gas exploration activities with Russia’s state-controlled oil giant Rosneft, giving in to the pressure of U.S. and EU sanctions against Russia’s energy industry. The decision, Exxon said in 2018, was made in 2017, after Washington imposed additional sanctions on Russia for its alleged involvement in the 2016 presidential elections.
BP, for its part, owns 19.75 percent in Rosneft and nominates two representatives to Rosneft’s Board of Directors: CEO Dudley and Guillermo Quintero, former BP President for Latin America.
kvs wrote:Putin had better demand a quid pro quo. No more BS sanctions from Congress-chimps in exchange for some regulated access to the Russian
market. As long as Congress-chimps are flinging turds at Russia, no US company should have access to the Russian market.