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Gazprom discovers new field offshore Sakhalin

By legendri on  From micportal.com
Friday, 07 October 2011 08:28 As a result of geological exploration, Gazprom discovered a new field within the Mynginskaya geological structure in the Kirinsky prospect of the Sakhalin III project. Gas and condensate inflow was reported in the prospecting well during the exploration operations. The well testing will be followed by the reserves estimation. The new field was the second discovery in the Kirinsky prospect. Background Gazprom carries out geological exploration in the Sakhalin...Read Full Story

Turf War with Ukraine Means Gazprom May Send More Gas Though Belarus

By staffjam on  From oilprice.com
Russian gas monopoly Gazprom announced it could increase the amount of natural gas it would send to its European consumers through the transit system in Belarus this year. Ukraine currently hosts the bulk of Russia's natural gas bound for Europe, though Kiev is locked in a tug-of-war between Brussels and the Kremlin. Gazprom's move, therefore, says less about the monopolistic tendencies of the Russian natural gas company than it does about the status of Moscow's relationship with neighboring...Read Full Story

Nord Stream Going Online: Russia Just Implemented Step One Bypass Ukraine…

By kylekeeton on  From windowstorussia.com
Russia’s Gazprom started filling the Nord Stream pipeline (first phase) with technological gas on Tuesday in a testing process that is expected to be finished by October 6, 2011. The 1,000-km-plus pipe, Nord Stream is designed to directly deliver Russian gas to Europe under the Baltic Sea. The first phase with deliver around 27.5 billion cubic meters per year. Phase 2 done in 2012 will up that to 55 billion cubic meters per year. In particular, the fuel will be transported to the Czech...Read Full Story

Nord Stream Going Online: Russia Just Implemented Step One Bypass Ukraine…

By kylekeeton on  From windowstorussia.com
Russia’s Gazprom started filling the Nord Stream pipeline (first phase) with technological gas on Tuesday in a testing process that is expected to be finished by October 6, 2011. The 1,000-km-plus pipe, Nord Stream is designed to directly deliver Russian gas to Europe under the Baltic Sea. The first phase with deliver around 27.5 billion cubic meters per year. Phase 2 done in 2012 will up that to 55 billion cubic meters per year. In particular, the fuel will be transported to the Czech...Read Full Story

Ukraine's Yanukovich to visit Moscow on gas

 From reuters.com
YALTA, Ukraine ( Reuters ) - Ukrainian President Viktor Yanukovich will visit Moscow later this month for talks with Russia 's Dmitry Medvedev in a new attempt to solve a row over the price Ukraine pays for supplies of Russian gas, his aides said on Friday. Yanukovich will go to Moscow on September 24. "There are a wide range of issues to be discussed that include those relating to gas and others," Iryna Akimova, Yanukovich's economic adviser, told Reuters on the sidelines of an international...Read Full Story
Russian gas producer OAO Gazprom (GAZP.RS) expects earnings before interest, taxation, depreciation and amortization, or Ebitda, at its gas business to grow to around 2.4 trillion rubles ($80.2 billion) in 2015, from RUB1.4 trillion last year, according to a presentation shown to investors Friday.  
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Gazprom had 27 percent of Europe’s gas market last year. To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net  
From api.bing.com ()
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Feb. 9 (Bloomberg) -- John Derrick, director of research at U.S. Global Investors Inc., talks about investment in risky assets in the current environment and some of his stock picks including Apple Inc., OAO Gazprom and Randgold Resources Ltd. Derrick speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)  
From clipsyndicate.com ()
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Russian gas exports to Europe climbed to 150 billion cubic meters last year, Chief Executive Officer Alexey Miller told President Dmitry Medvedev on Jan. 11. Gazprom in June said annual exports were expected to rise to at least 155 billion cubic ...  
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WARSAW Feb 2 (Reuters) - Polish gas monopoly PGNiG said on Thursday it is receiving 7 percent less gas a day from Gazprom amid reports the Russian firm is cutting deliveries as freezing weather bolsters demand for heating across Europe.  
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MOSCOW - Gazprom Neft, the oil arm of Gazprom, reports Q4 and 2011 results to US GAAP. MOSCOW - Food Business Russia 2012 conference. MOSCOW - Cbank to publish gold/forex reserves data. MOSCOW - Russia's monthly foreign trade data expected from ...  
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Around 30% of Italian gas imports come from Russia, slightly less than the gas Algeria ships over, while Libya supplies around 10% of Italy's needs. -By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@ dowjones.com  
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