Russia | Egypt Oil & Gas - Part 18
Wärtsilä to Equip Integrated Bridge Systems on 5 LNG Carriers
Finish marine manufacturing company, Wärtsilä, has been contracted to deliver a complete bridge systems installation for five icebreaking liquefied natural gas (LNG) fueled tankers for the Arctic LNG-2 project, accord...
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...
Lukoil Implements Oil-Associated Gas Utilization Project
Russian multinational oil corporation, Lukoil, has implemented an oil-associated gas utilization project at the Sredne-Nazymskoye field in the Russian district KhMAO-Yugra, according to a press release. This technolog...
Hungary Signs Deal to Purchase 4.2 bcm From Russia
Hungary has signed a year agreement with Russia’s Gazprom for 4.2 billion cubic meters (bcm) of gas from the period of October 2020 to October 2021, according to Neftegaz. Despite having just penned this one-year deal...
Poland Signs Contracts Worth $483 MM For LNG Terminal Expansion
Poland has signed contracts worth $483 million, significantly investing in expanding its liquefied natural gas (LNG) terminal in Swinoujscie, according to Reuters. Gaz-System and the ports of Szczecin and Swinoujscie ...
Belarus to Import 5.75 MM Tonnes of Russian Oil by Pipeline for Q3 2020
The Belarusian state-petrochemical complex, Belneftekhim, has agreed to import 5.75 million tonnes of Russain oil in Q3 2020, according to Belta. According to Aleksandr Tishchenko, press secretary at Belneftkhim, the...
Russia to Decrease July Oil Exports After Rise in Domestic Demand
Russia is set to further reduce its overseas supply of Urals Crude oil in July due to an unexpected spike in domestic demand as COVID-19 restrictions ease, according to Reuters. “Demand for gasoline is ramping up fast...
Saudi, Russia Agree to Extend Oil Cuts
Saudi Arabia and Russia have agreed to extend the existing oil cuts by another month and intend to ramp up pressure on non-compliant oil producing nations, according to Reuters. Instead of easing off the record oil cu...
