Russia | Egypt Oil & Gas - Part 40

Jordan Seeking LNG Supplies from Russia’s Gazprom

Jordan is ready to buy liquefied natural gas (LNG) from Russia’s gas giant Gazprom, according to a document obtained by TASS after a third meeting of the Intergovernmental Russian-Jordanian Commission. According to th...

Central, Eastern EU Countries Object to Nord Stream-2 Gas Project

Governments of eight central and eastern European countries have raised objections to Russia’s Nord Stream-2 gas pipeline project in a letter addressed to European Commission’s President, Jean-Claude Junck...

Russia Begins Oil, Gas Exploration in Iran

Two major Russian companies, Rosgeologia and Lukoil, together with the National Iranian Oil Company (NIOC), have started a new round of studies on geological and geophysical oil and gas exploration in Iran, Mehr News ...

Russia Cuts Oil Reserves Estimates 50% to Last Until 2044

Russia will run out of oil by 2044, with production beginning to decline in 2020, according to Russian Minister of Natural Resources and Environment, Sergey Donskoy. The minister further explained that although recove...

Russia, Morocco Plan to Boost Energy Cooperation

Russia and Morocco are planning to strengthen cooperation in the energy sector, including deliveries of Russian LNG to Morocco, according to a joint statement following talks between Russian President, Vladimir Putin,...

Russia Supports Iran’s Aspiration to Restore Its Oil Market Share

Russia understands and accepts Iranian demands to allow Tehran to fully regain its pre-sanctions oil output levels before joining any discussion about a global output freeze, Reuters reported. Russia’s Energy Mi...

Russia’s Rosneft to Solo Drill First Offshore Well

Russia’s largest oil producer Rosneft will start drilling its first international offshore well as a sole operator off the south coast of Vietnam this month, The Financial Times reported. The drilling campaign in Viet...

Georgia Confirms Gas Supply Deal with Azerbaijan

Georgia has confirmed details of its recently signed gas deal with Azerbaijan, according to which Georgia will receive up to 500mcm/year of natural gas from the Azerbaijani national oil company SOCAR until 2030, Agend...

Egypt in Negotiations with Russia on LNG Shipment

A source from the petroleum sector said on condition of anonymity that the Egyptian government is currently in negotiations with Russia to open new international bids for shipments of liquefied natural gas, Egypt Oil ...

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/year in 2016, or by 3% to 5% year on year, as part of its strategy to strengthe...

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