Page 15 - FSUOGMWeek352019

FSUOGM
NEWS IN BRIEF
FSUOGM
Rosneft sells 140,000 t of
jet fuel to German airports
in H1 2019
Rosne Deutschland, a subsidiary of Rosne , has supplied its customers in airports of Germany with 142,500 tonnes of jet fuel in the rst half of 2019.
e enterprise is committed to meeting the growing demand for jet fuel, with plans for further growth in production and sales of jet fuel both in Germany and on the European market in general.
In 2019, Rosne Deutschland has signed several contracts for the marketing of the JET A-1 jet fuel of its own production. Among them is a contract with Aero ot PJSC for aircra refuelling in the Berlin Schönefeld Airport. Apart from that, Rosne Deutschland has signed contracts for into- plane refuelling with airports in Munich and Berlin (Tegel and Schönefeld) as part of its jet-fuel market share expansion in Germany.
Yearly, the enterprise’s PCK Ra nerie in Brandenburg produces 300,000 tonnes of jet fuel, which represents about half of the total kerosene consumed at Berlin airports.
e start of sales in Germany is a part
of Rosne ’s long-term jet-fuel business development strategy. As a leading supplier of jet fuel on the Russian market, the enterprise is expanding its international network to include airports in Mongolia, Georgia, and Germany.
Rosneft, August 29 2019
Gazprom head and Moldovan President discuss gas sector co- operation
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Igor Dodon, President of the Republic of Moldova, took place today in Moscow.
e parties reviewed the state and prospects of cooperation concerning supplies of Russian gas to Moldovan consumers and its transit across Moldova.
Attention was also paid to the activities of Moldovagaz. It was noted that the Supervisory Board of the Moldovan-Russian company today appointed Vadim Ceban as Chairman of the Board of Moldovagaz.
Gazprom, September 2 2019
Ukraine adds 2.4 bcm to
underground storage in
August
Gas volumes in Ukraine’s underground gas storage (UGS) system in August rose by 2.4bn cubic metres up to 18.3 bcm. e system now has 3.6 bcm of gas stored than this time last year.
Ukraine continues to accumulate gas
in UGS in preparation for the next heating season. As reported, to ensure a stable passage of the autumn-winter season 2019/2020 about 20 bcm must be accumulated in UGS.
Naftogaz, September 2 2019
BP to hold meeting on ESIA for Shafag-Asiman project
On September 11, BP will hold an open meeting to discuss a document on the Environmental and Socio-Economic Impact Assessment (ESIA) of Shafag-Asiman Exploration Drilling Project.
e meeting will be held at the Holiday Inn Baku hotel at 10:00.
BP is expected to start exploration drilling at the Shafag-Asiman contract area in Azerbaijan’s section of the Caspian Sea in the fourth quarter of 2019.
Azerbaijan’s SOCAR and BP signed a contract on the Shafag-Asiman block for
a period of 30 years in October 2010. e exploration period is four years with the possibility of extension for three more years. At the rst stage, two wells are planned to be drilled. If necessary, two more wells will be drilled at the second stage.
In the operational period, the sides will implement joint operatorship within the project. Shared participation in the contract between BP and SOCAR is 50% each.
e forecast reserves of the Shafag-Asiman block stand at 500bn cubic metres of gas and 65mn tonnes of condensate.
e block is located 125 km southeast of Baku. Exploration work on the block has not been conducted yet. It is located at a depth of 650-800 metres with the depth of the reservoir at 7,000 metres.
September 2 2019
Epsilon discovers new
gas condensate field in
Uzbekistan
US-registered Epsilon Development has made its third discovery in Uzbekistan this
month, local news reported on August 30. e discovery is a new gas condensate eld in Kashkadarya (Qashqadaryo) Region.It was previously reported that the company discovered a new oil and gas condensate eld, named Bohoriston, at the Muborak investment block on August 10. e elds are being developed by subsidiaries of Epsilon.
e company also launched construction of a new 9.7 km-long gas pipeline for transporting hydrocarbons to the Mubarek Gas Processing Plant from the new gas condensate elds.
bne IntelliNews, September 2 2019
Russia’s Rosneft oil major
claims Druzhba crisis still
unresolved
Russian oil major Rosne claims that
state oil pipeline operator Transne has failed to resolve all the issues with chlorine contaminated oil, Reuters reported on September 3 citing the announcement of Russia’s largest crude oil producer.
“Currently the destination of mixed oil [clean oil mixed with contaminated oil] remain undetermined, the claims of a ected counteragents and sellers are not settled,” Rosne claims despite previous reports suggesting the opposite.
Exports and output of Rosne and Tatne oil companies su ered the most when this spring oil supplies through Druzhba pipeline and Ust-Luga port were botched by chlorine- contaminated crude.
Rosne had been hard-pressing the government and Kremlin for compensations, not only for Druzhba disruption, but also for lower output under the Opec+ output cut deal and Arctic extraction development.
e company also claims that Transne
is single-handedly deciding how to mix the contaminated oil that has been pumped back to Russia with clean crude, without letting the sellers control the quality of oil.
As reported by bne IntelliNews, the revenues of Tatne were at q/q at $3.4bn in 2Q19 under IFRS, despite 9% q/q increase in oil price, due to 20% export duty q/q increase and issues related to crude contamination in Druzhba pipeline system.
bne IntelliNews, September 3 2019
Gazprom delegation visits China
A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s
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