Page 15 - FSUOGM Week 15 2021

FSUOGM NEWS IN BRIEF FSUOGM

stations. The preliminary indicators reflect crude oil and 548,000 tonnes of stable gas below:
the cost effectiveness that needs to be condensate. Order of Honor - Lukoil first executive
achieved during the implementation of the As at March 31, 2021, Novatek had 0.1 vice president Vadim Vorobyov, Lukoil
project. bcm of natural gas, including LNG, and vice president for economics and
As planned, the feasibility study 713,000 tonnes of stable gas condensate and planning Gennady Fedotov, Lukoil
regarding the construction project for the petroleum products in storage or transit and Nizhegorodnefteorgsintez LLC general
Soyuz Vostok gas trunkline, including a recognised as inventory. director Andrei Bogdanov, Lukoil
detailed breakdown of investment and Nizhnevolzhskneft LLC general director
operating costs, will be developed before NOVATEK (RUSSIA) Nikolai Lyashko, and Lukoil Severo
the end of this year. This is indicated in the Zapadnefteprodukt LLC general director
action plan of the joint working group of Russian oil refiners to Maksim Khitrov.
Gazprom and the government of Mongolia. Order of Friendship - Lukoil senior
The feasibility study is being prepared by ramp up output under govt vice president for sales and supplies
the Gazoprovod Soyuz Vostok special- Oleg Pashaev, Lukoil board member and
purpose vehicle. investment deals chairman of the Russo-British chamber of
commerce Roger Munnings.
Russian oil refineries will raise their Lukoil noted that the orders of honor
Novatek reports Q1 combined gasoline output by 3.6mn tonnes were awarded in recognition of the workers’
per year and diesel fuel output by 25mn
“labor achievements and decades long
operating data tonnes per year under the investment dedicated work”. Munnings’ order of
agreements signed with the Energy
friendship was said to be awarded for his
Novatek reported on April 12 preliminary Ministry, the ministry said in a statement “significant contribution to the development
operating data for the first quarter 2021. on April 13. of commercial, economic, and cultural
In the first quarter 2021, Novatek's On April 12, Deputy Energy Minister cooperation between the Russian Federation
hydrocarbon production totaled 158.1mn Pavel Sorokin said that the ministry signed and the United Kingdom of Great Britain
barrels of oil equivalent, including 20.15bn agreements on investment in upgrading and Northern Ireland”.
cubic metres of natural gas and 3.129mn capacities with 14 refineries, under which Lukoil is one of the largest publicly
tonnes of liquids, resulting in an increase the companies will receive an investment traded, vertically integrated oil and gas
in total hydrocarbons produced by 7.9mn markup to the reverse excise on the crude companies in the world, according to its
boe, or by 5.3% as compared with the first they will use to build new facilities for deep website, which shows that the business
quarter of 2020. oil refining. accounts for around two percent of the
Preliminary natural gas volumes sold “The launches of these capacities will world's oil production and around one
in the Russian Federation were 19.56 have a significant positive impact on percent of the proved hydrocarbon reserves.
bcm, representing an increase of 7.2% the internal market. In particular, they The business employs more than 100,000
as compared with the prior year period, will allow it to increase output of K5 people, its website shows.
whereas LNG volumes sold on international environmental class automobile gasoline by On November 25, 1991, the government
markets amounted to 1.87 bcm. The more than 3.6mn tonnes per year, and to of the Russian Soviet Federal Socialist
total natural gas sales volumes, including raise production of the K5 environmental Republic issued Regulation No. 18 to create
volumes of LNG sold, aggregated 21.43 class diesel fuel by more than 25mn tonnes LangepasUrayKogalym (Lukoil) oil industry
bcm, representing an increase of 3.6% as per year,” the ministry said. group that consolidated three oil production
compared with the first quarter 2020. The The ministry signed the agreements enterprises of Kogalym, Langepas and
decrease attributable to volumes sold on with the Moscow refinery, the Omsk Uray, as well as several refineries. The name
international markets was mainly due to refinery, Lukoil-Nizhegorodnefteorgsintez, Lukoil was formed from the initial letters of
the decrease of Yamal LNG shareholders' the Afipsky refinery, Orsknefteorgsintez, the names of Langepas, Urai and Kogalym
share, including Novatek's share, of LNG Taneco, the Nozoshakhtinsk oil product cities, home to the company's major oil
volumes sold on the spot market, and a plant, the Ilsky refinery, Gazprom producing subsidiaries..
corresponding increase in Yamal LNG Neftekhim Salavat, the Novokuibyshevsk
direct sales under long-term contracts. refinery, the Syzran refinery, the Tuapse
The company processed 3.127mn tonnes refinery, the Komsomolsk refinery, and the
of unstable gas condensate at the Purovsky Antipinsky refinery. EASTERN EUROPE
processing plant, representing an increase of
10.8% as compared with the corresponding Belarus to buy 1m tonnes of
volumes processed in the prior reporting Russia issues awards to
period. Novatek processed 1.772mn tonnes oil from Azerbaijan in 2021
of stable gas condensate at the Ust-Luga Lukoil execs
complex, representing a decrease of 0.8% in Belarus intends to buy one million tonnes
volumes processed at the facility in the first The President of Russia, Vladimir Putin, has of oil from Azerbaijan in 2021, Ambassador
quarter 2021. signed an executive order granting awards Extraordinary and Plenipotentiary of
According to preliminary data, to several employees of Lukoil Group, the Belarus to Azerbaijan Andrei Ravkov told
petroleum product sales volumes company revealed this week. journalists on 13 April, BelTA has learned.
aggregated 1.613mn tonnes, including An award ceremony will take place “Plans are in place to buy one million
1.022mn tonnes of naphtha, 252,000 tonnes within the framework of celebrations of tonnes of oil. The supplies have been steady.
of jet fuel, and 339,000 tonnes of fuel oil Lukoil’s 30th anniversary, the company So far, Azerbaijan has delivered 270,000
and gasoil. Novatek sold 1.02mn tonnes of outlined. The full list of awards can be seen tonnes. An oil tanker with another 90,000

Week 15 14•April•2021 www. NEWSBASE .com P15