Russia | Egypt Oil & Gas - Part 52
Turkey Considers Becoming a Partner in Russian Pipeline Project
Russia’s Gazprom is likely to start the construction of a planned gas pipeline to Turkey by the end of this month, Turkish Energy Minister Taner Yildiz said, adding that Ankara is considering becoming an equity ...
Russia May Begin Importing Crude from Iran in New Oil-for-Goods Deal
Russia may start importing crude from Iran next week as part of an oil-for-goods agreement, Iranian Energy Minister Bijan Namdar Zanganeh said. “We hope that next week” Russia will take its first imports, Zanganeh tol...
China Starts Construction on Pipeline to Bring in Russian Gas
Russian state gas company Gazprom says China has started construction on a pipeline to bring Russian gas to China. Gazprom said on June 2 that Beijing had begun its part of construction on the Power of Siberia pipelin...
Russian Oil Output Remains at Post-Soviet High Ahead of OPEC Meeting
Russian oil output remained unchanged in May at a post-Soviet high of 10.71 million barrels per day (bpd), Energy Ministry data showed on Tuesday, three days before OPEC meets to decide on output levels. In tonnes, oi...
Russia Moves Forward with Turkish Pipeline Dreams
Russia‘s Gazprom plans to start building a pipeline to Turkey this month to get gas to Europe without going through Ukraine, company sources said, although it has no firm agreement with Ankara and faces oppositi...
Financing for Russian Gas Pipeline Secured: Greece
The financing of the extension of a pipeline carrying Russian gas from Turkey to Greece has been secured and a deal could be signed this month, the Greek energy minister said Monday. In an interview with Russian publi...
Russian Oil Company Begins Trading in Chinese Currency Amid Continued Sanctions
Gazprom Neft, Russia’s third-largest oil producer, is now settling all of its crude sales to China in renminbi, in the most clear sign yet that western sanctions have driven an increase in the use of the Chinese curre...
Oil Price Stabilisation to Help Lower Russia’s Inflation
Further stabilization of oil prices is likely to help lower inflation in Russia, allowing the central bank to reduce rates at a faster pace, the World Bank said Monday as it raised the economic outlook for the country...
