Gazprom said that it has signed a long-term sales and purchase deal with China National Petroleum Corporation (CNPC) to supply natural gas to the latter through the Far Eastern route. The agreement will enable Gazprom to increase the amount of gas volumes from Russia to China by 10 billion cubic meters. Overall, the amount of […]
Gazprom Export, a subsidiary of Gazprom, has signed a couple of long-term contracts with Hungarian natural gas trader MVM CEEnergy in Budapest for enabling supplies of Russian gas to Hungary. The two 15-year contracts envisage total supplies of up to 4.5 billion cubic meters of gas per annum. They were inked by the parties in […]
Russian energy giants Lukoil and Gazprom Neft will form a joint venture (JV) to develop a significant oil and gas cluster in the Nadym-Pur-Tazovsky region of the Yamal-Nenets autonomous district in Russia. The JV will be headquartered at Meretoyakhaneftegaz, a subsidiary of Gazprom Neft. The Tazovskoye oil and gas condensate field, which began production in […]
The TurkStream gas pipeline project, the third pipeline to bring Russian gas to Turkey, has been officially opened by Russia and Turkey in the presence of the Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan. Developed by Russian gas giant Gazprom and Turkish oil and gas company Botaş Petroleum Pipeline, the TurkStream pipeline […]