Categories
Middle East

Russia’s Lukoil ‘happy’ to resume talks on Iranian projects once US sanctions lifted | Source: S&P Global

Russia’s Lukoil would be “happy” to return to talks on its Iranian oil projects, which were at an advanced stage, once US sanctions on the Middle Eastern country are lifted. Lukoil was in talks with Iran to develop the Ab Teymour and Mansouri oil fields, but had to put plans on hold in late 2018 after the US pulled out of the Iranian nuclear deal and reimposed sanctions on the country’s oil industry.

Source: S&P Global


MORE NEWS ABOUT MIDDLE EAST:

Middle East

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Europe

Russia within 62 miles of finishing Nord Stream 2 gas pipeline -report | Source: Reuters

A road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany, September 10, 2020.

The Nord Stream 2 gas pipeline led by Gazprom is projected to be completed by the end of this year,” allowing Russia to ship more gas to Western Europe, while bypassing Ukraine, potentially depriving it of lucrative transit revenues at a time when Kyiv is locked in a confrontation with Moscow.

Source: Reuters


MORE NEWS ABOUT EUROPE:

Europe

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Eurasia

Russia Announces Arctic Military Drills In Further Sign Of Increasing Presence | Source: RFERL

A Russian officer stands near a military cargo plane near Nagurskoye, Russia's northernmost military outpost.
A Russian officer stands near a military cargo plane near Nagurskoye, Russia’s northernmost military outpost.

Russia says it will conduct strategic military drills in the Arctic this autumn. Russia is hoping to gain economic influence and make use of the Northern Sea Route shipping channel to export oil and gas to overseas markets. Russia has invested heavily to develop the route, which cuts the journey to Asian ports by 15 days compared with using the traditional Suez Canal route.

Source: RFERL


MORE NEWS ABOUT EURASIA:

Eurasia

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
North America

Exports of Russian crude to US soared to 12-year high despite ongoing political tensions | Source: Neftegaz.RU

US daily imports of Russian oil have hit new highs, despite tough talk on a wide range of issues, including energy. Russia -the country’s 2nd biggest oil supplier after Canada- remains one of the US’ biggest strategic partners in the energy sector, despite long-standing tensions between Moscow and Washington.

Source: Neftegaz.RU


MORE NEWS ABOUT NORTH AMERICA:

North America

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
South Asia

Russia and Pakistan agree deal to build Stream gas pipeline in Pakistan | Source: Eastern Eye

Russia and Pakistan agree deal to build Stream gas pipeline in Pakistan -  EasternEye

Russia and Pakistan have signed an inter-governmental agreement to build the Pakistan Stream gas pipeline for transportation of gas from Karachi to Kasur in the Asian country. The two countries had signed an inter-governmental agreement on the project in 2015, but its implementation got postponed.

Source: Eastern Eye


MORE NEWS ABOUT SOUTH ASIA:

South Asia

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Middle East

Iran opens new oil export pipeline bypassing Strait of Hormuz | Source: World Oil

Iran started its first transfer of crude oil via its strategic Goreh-Jask pipeline, allowing the country to bypass the Strait of Hormuz. Most of Iran’s energy exports currently pass through the Strait of Hormuz, a narrow shipping channel on the Persian Gulf that was plunged into crisis after former President Donald Trump abandoned the 2015 nuclear deal and reinforced sanctions on Iran’s oil sector and wider economy.

Source: World Oil


MORE NEWS ABOUT MIDDLE EAST:

Middle East

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Africa

Russia Resumes Oil Production In Libya | Source: Warsaw Institute

Gazprom has resumed crude oil production in Libya under its joint venture agreement with Germany’s Wintershall Dea. Oil production facilities reopened after a ten-month hiatus amid a fragile political and military situation in Libya that indeed shook the country’s oil exports.

Source: Warsaw Institute


MORE NEWS ABOUT AFRICA:

Africa

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Eurasia

Russia resumes gas supply to Turkey | Source: Neftegaz Ru

Russian gas producer Gazprom has resumed supplies to Turkey via the Blue Stream gas pipeline. Turkey is currently importing approximately 50 % of its gas needs from Russia, making Ankara the 2nd most valuable market for Russian gas after Germany.

Source: Neftegaz Ru


MORE NEWS ABOUT EURASIA:

Eurasia

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
central asia

Total Suspends Gas-linked Cash Payments To Myanmar Army | Source: International Business Times

Total suspended cash payments linked to gas pipeline partly owned by the Myanmar military due to “the unstable context” in the country.

French energy giant Total said that Myanmar’s army would no longer receive cash payments linked to a pipeline it operates through a joint venture with the military, following February’s military coup. It added that it “condemns the violence and human rights abuses occurring in Myanmar” and would comply with any potential sanctions against the junta from the EU or US.

Source: International Business Times


MORE NEWS ABOUT CENTRAL ASIA:

Central Asia

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.



Categories
Europe

Turkey may expand eastern Mediterranean drilling amid territory dispute | Source: Jerusalem Post

The Turkish drilling vessel Yavuz is seen being escorted by a Turkish Navy frigate in the eastern Mediterranean off Cyprus, August 6, 2019
(photo credit: REUTERS)

Turkey may drill more boreholes in its search for gas in the eastern Mediterranean, Energy Minister said, an area where its search and drilling operations led to a standoff with Greece and Cyprus last year. If the gas can be commercially extracted, the discovery could transform Turkey’s dependence on Russia, Iran and Azerbaijan for energy imports.

Source: Jerusalem Post


MORE NEWS ABOUT EUROPE:

Europe

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.