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"Oil of Russia"

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15 years ago was the beginning of cooperation of the Republic of Uzbekistan with the oil company "LUKOIL" with the signing of agreements on production section (SRP) at fields in Kashkadarya and Bukhara regions, the development of which required considerable financial investments. To date, LUKOIL has invested in the implementation of SOP 8 billion, becoming the largest foreign investor in Uzbekistan. "LUKOIL Uzbekistan operating company" LLC, created jointly with JSC "Uzbekneftegas", is only the operator of the project, which is developing and equipping of wells, extraction, refining and processing of natural gas to the presentation. The amount of gas produced by LUKOIL in the Uzbek land, transferred to the Republic of Uzbekistan. in Addition to producing...

Oil Production of LUKOIL in 2019, without taking into account the project "Western Kurna-2" has increased by 0,3% in comparison with the 2018 year to 85.9 million tons, says the company. total oil production with consideration of the project "Western Kurna-2" amounted to 87.5 million tons. "the Growth of oil production is mainly connected with the launch of the second phase of project Shah Deniz field in Azerbaijan in 2018, as well as the acquisition in September 2019 shares in the project Marine XII in Congo Republic", – stated in the message. Production of hydrocarbons in 2019 increased by 1.4% and amounted to 2.35 million barrels of oil equivalent per day. Gas production by LUKOIL group in 2019 increased by 4.5% – to 35 billion cubic meters. Production...

Net profit of the joint venture "Rosneft" and "Gazprom oil" – "Slavneft" – the company in 2019 increased by 27% compared to last year and amounted to 4,722 billion rubles, follows from the report of the company. the Revenue for the period fell by 2.5%, to 18.9 billion rubles, gross profit fell by 27% to 2.6 billion rubles. Cost of sales of the company increased by 3% and amounted to 16.3 billion rubles. Long-term liabilities "Slavneft" for the year increased 2.1 times to 107,3 billion. Current liabilities grew 17% to 17.9 billion rubles. "Slavneft" – SP "Rosneft" and "Gazprom oil". The company's net profit under RAS in the first half of this year grew 1.8 times to 5.17 billion rubles, net profit according to IFRS attributable to shareholders, decreased by...

The Share of Rosneft in the production of hydrocarbons of BP made in 2019 30.3%, follows from the report of the BP. The share of "Rosneft" in oil production of the company amounted to 41.8%. Production of BP in 2019 with a subject of "Rosneft" amounted to 3,781 million barrels of oil equivalent per day, 2.7% more than in 2018. The company's share in Rosneft had 1,144 million barrels oil equivalent per day. In the fourth quarter hydrocarbon production company based on Rosneft increased by 1.2% to 3,846 million barrels of oil equivalent per day. In this production, the share of "Rosneft" amounted to 1,148 million barrels of oil equivalent per day (29,9%). Thus, "Rosneft" in 2019 provided about one third of the total production of BP. the Share of production...

"Gazprom Neft" has reduced oil production in January by 2% to 3,215 million tons, according to the materials of the Central Supervisory control energy (CDU TEK). "LUKOIL" in January has reduced oil production by 1.6% to 6,929 million tons, "Surgutneftegaz" – on 1,5% to 5,162 million tonnes, Tatneft – 1.6% to 2.5 million tons, "Rosneft" by 1.7% to 16,574 million tons. total oil production in Russia in January 2020 fell by 0.9% to 47,723 million tons. As previously reported, 5-7 December 2018 in Vienna, held talks in OPEC and outside the cartel of the States participating in the agreement to reduce the level of oil production. Following the talks, OPEC+ reached agreement on the reduction of the level of oil production from 1 January 2019 at 1.2 million...

Russia reduced oil exports in January 2020 by 1.8% compared with the previous year – up to 21,705 million tons, the materials of the Central Supervisory control energy (CDU TEK). the Export of oil to far abroad countries increased by 3.6% to 21,298 million tons. While oil exports to CIS countries decreased to 73,7% and made 407,2 thousand tons. oil Supplies in foreign countries, including transit resources increased by 3.1% to 22,928 million tons. Total oil supply from the Russian Federation taking into account transit resources was in January 23,335 million tons. Source: RNS

Gas Production in Russia decreased in January 2020 by 3.1% compared to the same period last year and amounted to 65,512 billion cubic meters. This is stated in the materials of the Central Supervisory control energy (CDU TEK). Production of "NOVATEK" in January this year increased by 6.6% to 5,978 billion cubic meters. "Rosneft" has increased gas production in January 2020 at 0,6% in comparison with the figure for the same period last year – up to 3,913 billion cubic meters. gas production Increased in January of current year "Gazprom oil" – on 10,2%, to 1,906 billion cubic meters, "LUKOIL" – on 3,9%, to 1,839 billion cubic meters, "Surgutneftegaz" – on 2,1%, to 829,8 million cubic meters, "RussNeft" – by 11.6% to 231,5 million cubic meters...

Oil Production in Russia decreased in January 2020 by 0.9% compared with the figure for the same period last year and amounted to 47,723 million tons. This is stated in the materials of the Central Supervisory control energy (CDU TEK). the Primary processing of crude oil at the refinery in January decreased by 0.5% to 25,006 million tons. the Export of oil to far abroad countries increased by 3.6% to 21,298 million tons. Oil supplies in foreign countries, including transit resources also increased by 3.1% to 22,928 million tons. oil Exports to the CIS countries decreased to 73,7% and made 407,2 thousand tons. the Transit of Kazakhstan oil through the territory of Russia in January fell by 5.5%, to 1,378 million tonnes. The Azeri oil transit amounted to 29...

The Russian Government has approved a bill that permits the export of liquefied natural gas (LNG) from the fields, the licenses for which were received after December 31, 2012, reported by RNS in the Ministry of energy. "the Bill was approved today by the government," – said the press service of the Ministry, responding to a question. As previously reported, in December 2013, Russian President Vladimir Putin signed a law on liberalization of LNG exports. According to the law, the right to export LNG, in addition to "Gazprom" and its subsidiaries also granted to companies, the license for subsoil use which as of 1 January 2013, envisages construction of a plant for production of liquefied natural gas, or direction of the produced gas for liquefaction to such...

The Volume of transshipment of Russian oil for export at seaports in January 2020 amounted, according to preliminary data, 11,228 million tonnes, told reporters the official representative of "Transneft" Igor Demin. however, according to preliminary data, oil transshipment in Novorossiysk amounted to 1,988 million tons, Ust-Luga (Leningrad region) – 2.2 mln tons, Primorsk (Leningrad region) – 4.3 million tonnes to Kozmino (Primorsky Krai) – 2.74 million tonnes. the Transshipment of diesel fuel in Primorsk amounted to 1.39 million tons, in Novorossiysk – to 445 thousand tons. "preliminary results of shipment: in January: in Novorossiysk – 1,988 million tons of oil and 445 thousand tons of diesel fuel, in Primorsk – 4.3 million tons of oil and 1.71 million...

Gazprom in 2019 exported 58,5 billion cubic meters of gas to Europe via Nord stream should be the message of the project operator, Nord Stream AG. "In 2019-Nord Stream AG transported 58,5 billion cubic meters of natural gas to consumers in Europe through the pipeline "Nord stream", the company said. all in All since the commissioning of the first pipeline in November 2011 the Nord stream project were transported 322,5 billion cubic meters of gas, also said in a release. In 2018, the volume flow amounted to 58.8 billion cubic meters, which was a record indicator for all time of operation of the pipeline. Source: PRIME

Rosneft has launched the first in Russia experimental-industrial complex for the production of catalysts of hydroprocesses the Novokuibyshevsk oil refinery (Samara region), said in a statement. the New complex will allow to work out the technologies of production of catalysts of oil refining processes and petrochemical industry, given the transition to large-scale production. Until now, in Russia, such technological capabilities were absent. according to the company, thanks to the commissioning of the new complex will provide significant economic effect due to reduction of expenses for purchase of catalysts third-party manufacturers, as well as logistics. For example, needs refineries in Hydrotreating catalysts account for about 2 thousand tons per year...

The Volume of Russian gas supplies through the pipeline "Turkish stream" on 1 January 2019 has reached 1 billion cubic meters, the report said "Gazprom". ""Gazprom" has put in the pipeline "Turkish stream" is the first billion cubic meters of gas", – stated in the message. As explained by the company, about 54% of this amount delivered to the Turkish gas market, about 46% of the Turkish-Bulgarian border. Turkish stream is an export gas pipeline from Russia to Turkey through the Black sea. Design capacity of 31.5 billion cubic meters of gas per year. Commercial deliveries through the pipeline began on 1 January 2020. On 8 January in Istanbul, the presidents of Russia and Turkey Vladimir Putin and Recep Tayyip Erdogan held an official opening ceremony of the...

Investments "LUKOIL" in the next ten years can be more than $100 billion, said the head of "LUKOIL" Vagit Alekperov at the meeting with Russian President Vladimir Putin. According to the head of "LUKOIL", investments mainly will be used for projects in Russia. "we are Now preparing a new development strategy, and for the next ten years, investments could exceed $100 billion, primarily in Russian projects," said Alekperov, quoted by the press service of the President of the Russian Federation. He explained that the company continues to implement projects on the Caspian and proceeds to an active development of the Baltic shelf. "LUKOIL" has also approved a new program of development of petrochemical industry in existing facilities. Alekperov also said that...

Oil Production, including gas condensate, in Russia in 2019 increased by 1% compared to the 2018 year to 561 million tons, gas – by 0.8% to 644 billion cubic meters, follows from the data of Rosstat. In December 2019, oil production decreased compared to December 2018 1.1%, and by November 2019 – increased by 3.4% to 47.7 million tonnes. gas Production in December 2019 fell compared to December 2018 by 0.4%, and by November of 2019 it grew by 4.6% and amounted to 59 billion cubic meters. Rosstat also reports that the volume of oil received at the primary processing, in 2019 amounted to 290 million tons, which is 0.3% lower compared to the 2018. The depth of processing of crude oil in 2019 is 82.7% against 82.1 per cent in 2018. Source: PRIME