Russia | Egypt Oil & Gas - Part 35
Southern Gas Corridor ‘On Time’, BP Exec
The Southern Gas Corridor, a project of pipelines which will transport gas from the Shah Deniz field in Azerbaijan to European markets for the first time in history, is running on time and on budget, a BP senior exec ...
Azerbaijan Seeks To Buy More Russian Gas
Azerbaijan's state oil company SOCAR has put forward a proposal to Russia's Gazprom for purchasing 3 to 5bcm of gas a year, SOCAR President Rovnag Abdullayev told reporters.
Germany’s E.ON Propped Up Profits Thanks to Gazprom Deal
E.ON, Germany's largest utility, reported an 8% rise in first-quarter core earnings, after the group secured better gas prices from Russian supplier Gazprom.
US ‘Deeply’ Concerned Nord Stream Pipeline Is Security Threat
The United States is "deeply" concerned about the Nord Stream-2 gas pipeline project as a threat to national security. Many EU governments complain it increases dependency on Russia's Gazprom.
Russian Rosneft Seeking Partners in Indonesia
Russian giant Rosneft is aiming to expand its list of strategic partners in Asia via Indonesia, seeking to accelerate the already initiated sale of assets to Indian companies. EU’s Rejection to Nord Stream Grows
The center-right European Peoples' Party (EPP), the largest group in the European Parliament, has taken a strong position against Russia's Nord Stream-2 project.
Russia Gets Funding for Gas Plant from China
Two Chinese state banks have agreed to lend more than $12b to develop a Liquefied Natural Gas (LNG) plant in the Russian Arctic, in a boost for one of Russian President Vladimir Putin’s flagship projects. Russia Ups Oil Exports to China
Russia exported 6.8m ton of crude oil to China in the first quarter of this year, First Deputy Energy Minister Kirill Molodtsov said, adding that the ministry expects more growth.
