Oil and gas condensate production (all international upstream projects of LUKOIL Group except the oil field Tengiz) achieved more than 5.1 million tons (5% of the general oil production of LUKOIL), gas production – more than 5 billion cubic meters (29% of the gas output of LUKOIL).
Construction of the Portovaya compressor station (CS), which is part of the Gryazovets – Vyborg gas trunkline, was launched today in the Portovaya Bay near Vyborg, Leningrad Oblast. The compressor station will be a starting point for gas supplies via the Nord Stream gas pipeline.
In 2009 Sakhalin Energy exceeded planned targets for oil cargoes by more than 11% and for LNG deliveries – over 47%.
Alexander Ananenkov, Deputy Chairman of the Management Committee, held at the Gazprom Headquarters a meeting on the current issues of the Dzhubga – Lazarevskoye – Sochi gas pipeline construction.
TNK-BP has significantly reduced the leak rate of its pipeline systems in 2009.
Today, OAO LUKOIL Board of Directors held a meeting in Moscow to summarize the Company’s preliminary performance results in 2009 and set priority tasks for 2010.
On January 11 of 2010 a new contract between JSC «Techsnabexport» (TENEX, 100% subsidiary of JSC «Atomenergoprom») and KernKraftwerk Leibstadt AG (KKL, Switzerland) entered into force.
Caspian Pipeline Consortium (CPC) lifted 34.574 million tons of crude oil for export through its Marine Terminal near Novorossiysk in 2009, up 9.9% on 2008. 319 tankers were loaded from CPC’s single point moorings in 2009.
Vladislav Kapitonov, the Financial Director of IDGC of Centre, JSC, remarked: “The actual competition at the auction was between Alpha-Bank, Rosbank and Svyaz-Bank. As e result we managed to reduce the rate by three percent from start position”.
Urals Energy, an AIM listed independent exploration and production company with operations in Russia, today announces its Interim Results for the six months ended 30 June 2009.