Russia | Egypt Oil & Gas - Part 38
Egypt in Negotiations with Russia on LNG Shipment
The Egyptian government is currently in negotiations with Russia to open new international bids for shipments of liquefied natural gas.
Russia’s Rosneft to Increase Oil Deliveries to Europe by 3%-5%
Russia's largest oil producer Rosneft plans to increase oil deliveries to European customers via the Druzhba pipeline to 28.7-29mmt/yearin 2016, or by 3% to 5%.
IS-Produced Fuel Allegedly Sold in Europe
Fuel produced by Islamic State is suspected to be sold at gas stations in Bulgaria, while the trade is further aiming for Europe.
Gazprom to Build New Gas Route to Europe via Black Sea
Gazprom, Edison, and DEPA have signed a memorandum of understanding on a new pipeline taking Russian gas to Greece and Italy via the Black Sea.
Lukoil Sizing up Baltic Sea Opportunities
A Kaliningrad-focused subsidiary of Russia's Lukoil has been granted a right to explore for oil and gas in the Russian sector of the Baltic Sea.
Iran Plans to Scale up Oil Production by 700,000b/d
Iran plans to scale up its oil production by 700,000b/d in the near future, according to the Iranian Deputy Oil Minister, Rokneddin Javadi.
Russia, Venezuela Develop Three New Offshore Gas Fields
Russia's top oil producer Rosneft and Venezuela's state oil company PDVSA signed an agreement to set up a joint venture to develop natural gas. Rosneft also plans to invest $500m to raise its stake in its Petromonaga ...
Saudi Arabia, Russia, Qatar, Venezuela Agree to Freeze Oil Output
Saudi Arabia and Russia said they would halt oil production as long as other major producers followed suit. Saudi Arabia, Qatar, Kuwait, and Venezuela, all OPEC members joined them in the production freeze.
