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The investment in Oil, Gas & Chemical projects in the Russian Far East will exceed 3tn RUB

25.09.2017


The execution of projects across four district regions will enable about 14 k new job opportunities The overall investment in O&G & Chemical projects in the Far East is expected to exceed 3tn RUB, as informed by the media office of the Ministry for Development of Russian Far East. “The aggregate investments in Oil, Gas…



The proximity to APR countries makes the Far Eastern region the leader in O&G export

22.09.2017


The outcomes of Russia’s Far East development Strategic position The Far East accounts for 5% of oil and gas extraction volume in Russia. Owning to the proximity to ARP countries, its role in oil and gas sector becomes extremely important. The extraction volumes in the region are growing steadily. Rosneft contributes significantly to the sector…



The second and the third construction stages of Zvezda ship-building yard are coordinated

21.09.2017


The General Board of State Expert Review has approved the 2nd and the 3rd stages of the construction of Zvezda Ship-building complex in Bolshoi Kamen bay, located in the Far East. As was informed by the board media service, the commissioning of the 2nd and the 3rd stages will enable the construction of large-sized vessels…



Polish minister says U.S. LNG imports could undermine Gazprom’s position

31.05.2017


WARSAW May 29 (Reuters) – Imports of liquefied natural gas (LNG) from the United States could significantly undermine the dominant position on the European gas market of Russia’s Gazprom , Poland’s minister responsible for oil and gas infrastructure said on Monday. Poland imports most of the gas it consumes from Russia’s state-controlled Gazprom, which supplies…



Russia sees huge potential on LNG cooperation with Spain


Russia sees huge potential regarding cooperation with Spain in LNG projects, Leonid Mikhelson, Chief Executive Officer of Novatek gas company and head of the Russian-Spanish business council, said Monday. “After Yamal LNG is launched Spain will become a big importer of Russian liquefied natural gas. We see huge potential in the development of LNG cooperation,”…