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NEFTE Compass back issues
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Lukoil Given Fresh Hope Over Iraqi Field.
April 14, 2009... Lukoil was given fresh hope that it could win back the contract for Iraq's giant West Qurna oil field during the first visit to Moscow last week by Iraqi Prime Minister Nouri al-Maliki. The revival of energy cooperation between the two countries topped the agenda of Iraqi delegation talks...
Turkmenistan Turns Away From Russia After Pipeline Blast.
April 14, 2009... A gas pipeline blast has forced tensions between Turkmenistan and Russia into the open.
The rupture could strengthen Turkmenistan's "multi-vector" policy of diversifying its markets, which is a key theme of a conference being held in Ashkhabad next week.
The normally fraternal...
Gazprom, Shell Sign Gas Swap Deal.
April 14, 2009... Gazprom has moved a step closer to becoming a global LNG player after signing a series of agreements with Royal Dutch Shell that will enable the Russian gas giant to start shipping from the Sakhalin-2 project to the US.
Under a 20-year deal signed by Gazprom chief Alexei Miller and his...
Lukoil To Produce In Saudi Arabia In 2012.
April 14, 2009... Lukoil will start commercial production of the gas and condensate reserves it has discovered in Saudi Arabia in 2012, Lukoil President Vagit Alekperov said.
"We need another two-and-a-half years for the appraisal, then we will begin industrial production," Alekperov told reporters last...
Stroitransgas Undergoes Restructuring.
April 14, 2009... In an effort to improve efficiency, the new management of oil and gas construction firm Stroitransgas is restructuring the company and plans to shed noncore businesses, according to new Chief Executive Alexander Ryazanov (NC Apr.9p5).
Ryazanov said last week that oil production is not a...