Rosneft | Egypt Oil & Gas - Part 3

RORC Produces Over 1 MM Tonnes of Euro 6 Gasoline                                     

Ryazan Oil Refining Company (RORC), the largest refining asset of Rosneft, has produced in excess of 1 million tonnes of environmentally-friendly Euro 6 gasoline, according to Neftegaz. The refined products from the r...

Zvezda Shipyard Starts Work on Aframax Tanker

Russia’s Zvezda shipyard has constructed another Aframax tanker, named after Nursultan Nazarbayev, the first President of the Republic of Kazakhstan, according to Rosneft. The Aframax tanker is 250 meters in length, 4...

Qatar’s GPC Signs Agreement with Rosneft

Qatar University’s (QU) Gas Processing Center (GPC) signed a framework agreement with Rosneft’s International Center for Research and Development, MENAFN reported. In light of the agreement, GPC and Rosneft will...

Zohr Production More Than Triple in H1

Production at the Zohr natural gas mega field surged in H1 2019 to reach a total of 11.3 billion cubic meters (bcm), increasing by 3.6 times compared to the level of production recorded in the same period a year earli...

Zohr Produces 12.2 bcm in 2018

Egypt’s Zohr natural gas field produced total of 12.2 billion cubic meter (bcm) in 2018, Egypt Oil & Gas reports. Russia’s Rosneft, which owns 30% of Zohr’s stakes, announced that the field’...

Qatar to Pay $4.23B for Stake in Russia’s Rosneft

The Qatar Investment Authority (QIA) sovereign wealth fund will pay roughly $4.23 billion for a half of a 14.16% stake in Rosneft, the Russian oil giant announced on November 6, according to Reuters. The QIA will beco...

Rosneft to Supply Gas for Industrial Consumers in Egypt

Russia’s Rosneft signed a cooperation agreement with Fleet Energy and Fleetliner Energy for supplying gas to Egyptian industry, Egypt Oil & Gas reports. The deal was signed by Rosneft representative Didier C...

Essar Oil Pays $2.5B in Debt to Iran

Indian company Essar Oil has paid $2.5 billion in debt to Iran, Reuters reported. The company delayed paying for Iranian oil while the country was under international sanctions regarding its nuclear program, which end...

Putin Lauds Rosneft’s Work in Iraqi Kurdistan

Russian President Vladimir Putin lauded the work of the Russian energy company, Rosneft, in the semiautonomous Kurdish region in northern Iraq, Reuters reports. “We presume that there is no reason why we should not de...

Rosneft Looks to Invest $2B at Zohr

Rosneft plans to invest more than $2 billion in the Zohr natural gas field, the company announced, according to Reuters. The funds will be invested between 2018 and 2021, the news agency reports. Rosneft is also consi...

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