Page 1 - FSUOGM Week 01 2021
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Issue 1107             06•January•2021                     Week 01






                    ™     ™Rosneft closes Vostok Oil deal


                            Russia's Rosneft has closed the sale of a 10% stake in its Vostok Oil project in
                            the Russian Arctic to commodities trader Trafigura.


                    ™     ™OMV Petrom exits Kazakhstan


                            Austro-Romanian oil producer OMV Petrom has agreed on the sale of its
                            assets in Kazakhstan, while shifting its overseas focus to the Black Sea.

                    ™     ™Azerbaijan launches Europe gas flows


                            Azerbaijan has launched gas flows to Italy, Bulgaria and Greece via the
                            Trans-Adriatic Pipeline.

                    ™     ™Sibur, Sinopec form $11bn petchem JV


                            Russia's Sibur and China's Sinopec have formed a joint venture to develop a
                            $11bn petrochemicals plant in the Far East.
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