Page 13 - FSUOGM Week 02 2020

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development projects and general resource requirement monitoring.”
January 14 2020
Rosneft starts selling 0.1% sulphur marine fuel
RN-Bunker, the marine arm of Russian oil company Rosneft, has started selling 0.1% sulfur low-viscosity marine fuel to the country’s domestic river fleet.
The first sales of the fuel took place at the ports of Yaisk, Rostov-on-Don and Azov, the company said in a statement. The ports are all on the Sea of Azov.
The location of the Novokubyshevsky refinery in Samara Region allows the company to deliver the fuel via the Volga River, both north and south, and by rail to other regions in the European part of Russia, it said.
January 14 2020
EASTERN EUROPE
Ukraine estimates annual
losses from TurkStream at
$450mn
Ukraine would lose around $450mn in annual revenue over the launch of the Turkish Stream (aka TurkStream) gas pipeline, Serhiy Makogon, head of Gas
Transmission System Operator, said on January 9.
“We will look for new markets. We will offer the capacities of this gas pipeline [southern direction] to other suppliers, and if gas appears in this region, which will be economically viable for import into Ukraine, suppliers will be able to use our gas transmission system,” news agency Interfax quoted Makogon as saying.
The Turkish Stream gas pipeline directly connects the Turkish gas transmission system with the largest gas reserves in Russia and ensures reliable energy supplies to Turkey, South and Southeast Europe. Turkish Stream will annually supply up to 31.5bn cubic meters (bcm) of natural gas to the region. The gas pipeline has been operating since January 1.
Earlier, Makogon said that gas through Ukraine in the Balkan direction from January 1, 2020 is transited only for the needs of Romania and Moldova. Bulgaria, Turkey and other countries in this region no longer receive gas through Ukraine. As a result, the decrease in transit through Ukraine this year will be about 15 bcm.
Meanwhile, Executive Officer of the nation’s gas monopoly Naftogaz Yuriy Vitrenko drew attention to the fact that
the new operator should learn how to earn money by providing auxiliary services, since the loading of the gas transmission system of Ukraine with 90-110 bcm of gas is already impossible.
“We must be aware that bypass
gas pipelines have already been built. Unfortunately, we have lost these volumes, and the possibility of replacing them is,
frankly, unrealistic. We should expect that the volumes of transit through Ukraine are unlikely to be the same as before,” he said.
bne IntelliNews, January 10 2020
Ukraine-focused Regal ups output in 2019
Ukraine-focused junior Regal Petroleum increased its hydrocarbon output by 15.4% year on year in the fourth quarter to 4,776 barrels of oil equivalent per day, it reported on January 10.
Gas production rose 22.5% to 21.5mn cubic feet per day, while gas condensate production averaged 739 bpd and LPG 308 bpd.
For the full year, output was up 26% at 4,263 boepd, on the back of a 25.5% climb in gas extraction to 19.2mn cubic feet per day.
Regal operates the Mekhediviska- Golotvshinska, Svyrydivske and Vasyschevskoye fields in eastern Ukraine.
January 10 2020
Belarus reportedly mulls
halting Russian oil transit
to Europe
The Belarusian leadership is going to suspend Russian oil transit to Europe following Moscow’s refusal to deliver crude oil to the post-Soviet nation in 2020 on
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