NEFTE Compass articles from March 2002

NEFTE Compass archives from March 2002

US Move into Georgia poses dilemma for putin. (Balancing Act).(Brief Article)
March 7, 2002... The expanding US military presence on Russia's southern flank is posing a dilemma for President Vladimir Putin, as he juggles his wish to maintain good relations with Washington with the need to protect Russia's strategic interests in its old...

Russia gives little away to Opec. (Vanishing Trick).(Brief Article)(Statistical Data Included)
March 7, 2002... Russian concerns that cutting crude exports could lose its market share in Europe to rising flows from the Caspian are weighing heavily on Moscow's continued support for Opec. Not only did Opec dignitaries visiting Moscow this week fail to...

Soyuzneftegas to drill in Algeria. (First Bit).(Brief Article)
March 7, 2002... Soyuzneftegas, a company set up by ousted Central Fuel Co. (CFC) president and former energy minister Yuri Shafranik, is aiming to strike oil in Algeria by the end of the year. Soyuzneftegas has received exploration licenses for a block in...

Exxon makes trial Sakhalin voyage. (Happy Sails).(Brief Article)
March 7, 2002... Exxon Mobil, the operator of the Sakhalin-1 project, has successfully completed a trial voyage of a vessel through the Tatar Strait to test the feasibility of year-round crude transport from the far eastern port of De Kastri. The port will...

Norex files NY suit against TNK. (Big Apple).(Brief Article)
March 7, 2002... Having given up on seeking recompense in the Russian court system, Canada's Norex Petroleum has filed a lawsuit in the US against Tyumen Oil Co. (TNK) and its shareholders over control of West Siberian producer Yugraneft. Norex is suing...

Yukos buys Arcticgas. (Polar Bear).(Brief Article)
March 7, 2002... Yukos has made another step toward realizing its ambitious plans of becoming Russia's number-two gas producer by 2005, by buying an 88% stake in Arctic Gas Co. (Arcticgas), a license holder to reserves of 1.2 billion bbl of oil equivalent in...

Yukos lauches UK affiliate. (English Breakfast).(Brief Article)
March 7, 2002... Yukos has finally breathed life into its London-registered affiliate Yukos International. The UK company, which had lain dormant for several years, will now unite Yukos Services, John Brown Hydrocarbons, and Davy Process Technology, the latter...

Ministry revises Lukoil data. (See-Thru).(Brief Article)(Statistical Data Included)
March 7, 2002... The Energy Ministry has given Lukoil a little push in the company's drive toward greater transparency. In its official production and export statistics, the ministry added a long list of Lukoil-controlled subsidiaries as part of the major,...

Black Sea ports steady in March. (Even Keel).(Brief Article)(Statistical Data Included)
March 7, 2002... Russia is set to keep March seaborne crude exports out of the Black Sea ports on an even keel with last month's levels, in loading schedules issued for the ports of Odessa and Tuapse. Odessa is slated to handle 246,000 b/d (1.04 million...

Refiners to ramp March exports. (Ides of March).(Brief Article)(Statistical Data Included)
March 7, 2002... The outlook for Russian gas oil and fuel oil exports looks heavier in March, now that rail shipments are back up to full steam, while more temperate weather should allow for more trouble-free loadings at the Baltic and Black Sea ports. ...

Sibneft expands Eurobonds. (Euroland).(Brief Article)
March 7, 2002... Sibneft has reopened its Eurobond program, under which the company will sell an additional $125 million worth of the five-year paper that was launched last January. This brings the total value of the Russian oil company's bond program up to...

Northern Oil launches corporate bonds. (Northern Chill).(Brief Article)(Statistical Data Included)
March 7, 2002... Independent producer Northern Oil (Severnaya Neft) has started placement of corporate bonds worth 850 million rubles ($27 million) on the domestic market. The producer's archrival Lukoil has called on investors to boycott the paper. The...

Equities.(prices)(Brief Article)(Statistical Data Included)
March 7, 2002... Equities Share Prices Closing On March 5, 2002 ($/Share) Closing Change From 12 Months Locally Traded Shares Price Feb. 26, 2002 High Low Chernogomeft 3.03 ...

Currencies.(US dollar exchange rates)(Brief Article)(Statistical Data Included)
March 7, 2002... Currencies US Dollar Exchange Rates Former Soviet Union Mar. 6'02 Feb. 27'02 Russian ruble 30.99 30.89 Armenian dram 568.68 566.96 Azerbaijani manat 4,816 ...

Georgia goes upstream. (Georgia in Focus).(Brief Article)(Statistical Data Included)
March 7, 2002... Georgia's hopes for a significant oil find have been dented by news that UK independent Ramco Energy has abandoned its first exploration well on the Kaheti block 10 after reaching its target depth of 2,900 meters. Ramco, which signed a...

Pipelines put Georgia on the Map. (Georgia in Focus).(Brief Article)(Statistical Data Included)
March 7, 2002... BP-led proposals for oil and gas pipelines from Azerbaijan via Georgia to Turkey and international markets are putting Georgia firmly on the map as a transit hub for the energy riches of the Caspian. After years of doubts about the...

Gas: A risky business. (Georgia in Focus).(Brief Article)
March 7, 2002... Gas trader Itera was set to resume supplies to Georgian gas distributor Tbilgas on Mar. 6, after Georgia agreed to pay $2 million of its debt for previous deliveries, Georgian sources say. Itera cut supplies on Mar. 1, saying that Georgian...

Ports hold key to historic trade routes. (Georgia in Focus).(Brief Article)(Statistical Data Included)
March 7, 2002... In the 1880s, Batumi, on Georgia's Black Sea coast, became one of the world's most important oil ports, acting as a conduit for crude railed from oil fields in Azerbaijan. In 1889 the Nobel brothers used dynamite to blast a pipeline route to...

Refinery boss held in criminal probe. (Belarus).(Konstantine Chesnovitsky)(Brief Article)
March 7, 2002... A criminal investigation has been launched into an alleged abuse of power by the managers of the Novopolotsk refinery (Naftan). The plant's general director Konstantin Chesnovitsky has been detained. A probe by Belarus' committee of state...

Gazprom group submits sole bid for SPP. (Slovakia).(Brief Article)
March 7, 2002... A consortium of Gazprom, Gaz de France, and Germany's Ruhrgas has emerged as the only bidder for a 49% stake in Slovak gas pipeline and storage concern Slovensky Plynarensky Priemysel (SPP). The group submitted last week a binding bid of...

German duo left as sole bidder in gas sell-off. (Lithuania).(Brief Article)
March 7, 2002... A German consortium formed by E. On and its takeover target Ruhrgas has become the single bidder in an auction to sell 34% of Lithuanian state gas utility Lietuvos Dujos to a Western strategic investor. A final deal is expected within months....

Crude production set for ambitious growth. (Kazakstan).(Brief Article)
March 7, 2002... Kazak output climbed 1% in February to 890,000 b/d (3.4 million metric tons) compared with the previous month while posting a healthy 11% rise over year-ago levels. Production for 2002 is targeted at an ambitious 900,800 b/d, up 12% on...

Russian crude exports to Non-CIS markets, February 2002.
March 7, 2002... Russian Crude Exports To Non-CIS Markets, February 2002 Novo Tuapse Odessa Ventspils GRAND TOTAL (*) 3,587 276 894 969 TOTAL FOR RUSSIA (*) ...

Russian crude oil and condensate production/exports, January 2002.
March 7, 2002... Russian Crude Oil And Condensate Production/Exports, January 2002 January December ('000 metric ('000...

Firm futures, flabby fundamentals. (Crude Oil).(Brief Article)
March 7, 2002... Crude oil futures continued to firm, in what was a largely technical market -- even if the gains are rooted in continuing concern about escalating tension in the Middle East. The dated Brent differential, however, weakened about 20Cents to...

Pulled up with crude. (Products).
March 7, 2002... Russian products prices were pulled up with rising crude. The firming screen lifted Russian gas oil, which got a further cash boost in the Mediterranean where physical differentials strengthened. In Northwest Europe, differentials remained flat...

Marketplace.(Brief Article)
March 7, 2002... Marketplace Spot Crude Oil Prices $/barrel f.o.b. terminal, or c.i.f. destination Mar. 6'02 Feb. 27'02 Chg. Dated Brent f.o.b. (38 API) 22.10 20.60 1.50 Russian Urals...

Borrowers push banks to the edge in the Caspian. (Risky Business).(Brief Article)
March 14, 2002... Financing small upstream projects anywhere in the former Soviet Union can be a risky business, with the danger of a client reneging on a loan never too far from the surface. In the Caspian, there have been two major cases of default by...

Russia divided over support for Iraq. (Playing Safe).(Brief Article)
March 14, 2002... With one eye on its oil interests in Iraq, Russia is split over how much support to give to its longtime ally Baghdad if the US launches a military campaign to topple Saddam Hussein. And rather than expose their personnel to any danger of a...

Russia continues pledge into Q2. (Old Faithful).(crude oil export restrictions in the second quarter)(Brief Article)
March 14, 2002... Russia has opted to head off a price war with Opec by agreeing to continue its pledged crude export restrictions into the second quarter, in a decision taken by the MVK interdepartmental commission on access to export pipelines headed by Deputy...

Yusufov proposes Gas Exporters club. (Club House).(Russia's Energy Minister Igor Yusufov)(Brief Article)
March 14, 2002... Energy Minister Igor Yusufov has proposed setting up a working group comprising Russia, Algeria, and Norway to discuss gas supplies to Europe. The initiative was sounded out at Mar. 11 meeting in Moscow between Yusufov and Algerian Energy...

Gazprom bankrupts Sibur. (Invisible Boot).(Gazprom Russian Joint Stock Co.)(Brief Article)
March 14, 2002... In a bid to retain its controlling interest in Sibur, natural gas monopoly Gazprom has moved to install an external manager as the first step in bankruptcy proceedings against the petrochemicals holding. The Salekhard Arbitration Court has...

Lukoil sells Overseas assets. (Dream Vacation).(Brief Article)
March 14, 2002... Lukoil is selling off its oil assets in Sakhalin and Morocco, which it inherited from Canadian Bitech Petroleum. However, the Russian oil major will hold on to Bitech's assets in Colombia and Egypt. It will take a decision later on whether...

Parker wins Sakhalin contract. (Park Place).(Parker Drilling Co.)(Russia)(Brief Article)
March 14, 2002... Houston-based Parker Drilling was awarded last week a contract to build and operate a drilling rig for the Exxon Mobil-led Sakhalin-1 consortium. The rig, which Parker is to finish by mid-year, will be used to drill extended-reach offshore...

Russia ramps gas to East Europe. (Eastern Allure).(Brief Article)
March 14, 2002... Russia ramped natural gas exports by nearly 5% from year-on-year figures to 13.4 Bcm in January. The rise comes on the back of recovering production, which registered an increase for the first time in four years. Gazprom's output registered...

Refiners cash in on cheap crude. (Blue Light Special).(Russian exports)(Brief Article)(Statistical Data Included)
March 14, 2002... Russian refiners are cashing in on the plunging price of domestic crude by ramping up runs and expanding their exports of refined products. To maximize their advantage they are seeking to open new export routes by developing their own...

Surgut holds back GAAP accounts. (Holding Pen).(generally accepted accounting principles)(Brief Article)
March 14, 2002... In the latest episode in Surgutneftegas's ongoing row with minority shareholders over the company's dividends policy, Russia's third largest producer looks likely to put off releasing its US GAAP financial accounts. Surgut shareholders are...

Equities. (Finance).(Brief Article)(Statistical Data Included)
March 14, 2002... Equities Share Prices Closing On March 12, 2002 ($/Share) Closing Change From 12 Months Locally Traded Shares Price Mar.5, 2002 High Low Chernogorneft 3.30 ...

Currencies. (Finance).(Brief Article)(Statistical Data Included)
March 14, 2002... Currencies US Dollar Exchange Rates Mar. 13'02 Mar.6'02 Former Soviet Union Russian ruble 31.05 30.99 Armenian dram 570.10 568.68 Azerbaijani manat 4,820 4,816...

Trans-Afghan pipeline is back on the Agenda. (Turkmenistan).(Brief Article)
March 14, 2002... The project to build a trans-Afghan gas pipeline to send Turkmen gas to south Asian markets is back on the agenda after discussions this week in Ashkhabad with the interim leader of Afghanistan, Hamid Karzai. The leaders of Turkmenistan,...

TNK agrees refinery processing deal. (Serbia).(Russia's Tyumen Oil Co.)(Brief Article)
March 14, 2002... In a bid to expand its downstream activities westwards, Russia's Tyumen Oil Co. (TNK) is moving into Serbia. TNK and Serbia's refinery in Bosanski Brod are close to striking a deal on Russian crude deliveries. A TNK official says the deal...

Kazmunaigas handed state role in oil projects. (Kazakstan).(Brief Article)(Illustration)(Statistical Data Included)
March 14, 2002... Newly integrated state oil and gas giant Kazmunaigas has been given full authority to represent the government side in the production sharing agreements for the North Caspian and Karachaganak projects, according to government regulation 248 of...

Stocks Levels in Russian Refineries, 2001 ('000 metric tons). (Russia).(Illustration)(Statistical Data Included)
March 14, 2002... Stock Levels In Russian Refineries, 2001 ('000 metric tons) Crude Oil Jan. Feb. Mar. Apr. May Bashneftekhim 105.8 116.9 102.1 129.2 68.5 Nova-Ufa ...

Russian Refinery Activity, January 2002. (Russia).(Illustration)(Statistical Data Included)
March 14, 2002... Russian Refinery Activity, January 2002 Processing January December ('000 b/d) ('000 tons) ('000 b/d) Bashneftekhim ...

Physical plays catch up. (Crude Oil).(Brief Article)
March 14, 2002... Better refining margins and a dwindling number of balance-March cargoes allowed the physical markets to catch up with futures. Supermajor Royal Dutch/Shell picked up its fourteenth March Brent cargo at May Brent minus 87[cents]/bbl on Mar. 12,...

Futures rally boosts gas oil. (Products).(Brief Article)
March 14, 2002... A technical rally in heating oil futures drove up prices for Russian gas oil, which were further bumped up in Northwest Europe by rising differentials. Mediterranean differentials remained unchanged. Russian gas oil shipments totaled...

Marketplace. (Markets).(Brief Article)(Illustration)(Statistical Data Included)
March 14, 2002... Marketplace Spot Crude Oil Prices $/barrel f.o.b. terminal, or c.i.f. destination Mar. 13'02 Mar. 6'02 Chg. Dated Brent f.o.b. (38 API) 23.60 22.10 1.50 Russian Urals c.i.f....

Rosneft and Gazprom come under attack. (Rawhide).(Brief Article)
March 21, 2002... Gas monopoly Gazprom and state-owned oil company Rosneft have been rocked by rumors of impending sackings of top managers, as the familiar Russian blend of politics and business comes to the boil once more. Amid allegations that tax...

Russia juggles top producer status with Opec compliance. (Tightrope).(crude oil)(Brief Article)(Statistical Data Included)
March 21, 2002... Russia is walking a tightrope: After leapfrogging Saudi Arabia to become the world's biggest oil producer, it is pledging to extend its curbs on crude exports into the second quarter of 2002 in support of Opec's price campaign. After...

Yusufov restructures ministry. (Shakedown). (Russian Energy Minister Igor Yusufov).(Brief Article)
March 21, 2002... In an ongoing reshuffle aimed at centralizing ministerial operations under his direct command, Energy Minister Igor Yusufov has eliminated a department overseeing production sharing agreements (PSAs). It will be merged into a department for...

Sibneft sets out investment program. (Green Thumb).(Brief Article)(Statistical Data Included)
March 21, 2002... Sibneft has released its investment plan for 2002, envisaging spending of $686 million in exploration, production, and refining. The lion's share of expenditures -- $637 million -- will be plowed into upstream projects to attain a staggering...

Iraq seeks Russian investment. (Blue Hat Blues). (petroleum sector).(Brief Article)(Statistical Data Included)
March 21, 2002... Iraq could easily increase crude production from 3.2 million bid to 4 million b/d -- and potentially as high as 7 million b/d -- with the help of Russian oil companies, said Iraqi Oil Minister Amer Rashid during a visit to Moscow. That is, if...

E4 disappears from spot market. (Vanishing Act).(distribution of crude oil through Russia, exports of E4 fuel oil decline)(Brief Article)(Statistical Data Included)
March 21, 2002... A decline in exports of E4 fuel oil has led to the virtual disappearance of the grade from the spot market. Valued as a feedstock for its light viscosity and high gas oil yields, E4 is produced by only one refinery in Russia,...

Russia challenges Mideast on reserves. (Underground). (crude oil).(Brief Article)(Statistical Data Included)
March 21, 2002... The Russian government has embarked on a drive to convince the world that its crude oil reserves are well over 100 billion bbl, or double the number that international organizations are using, just as the country is positioning itself as a...

Transneft scrutinized. (Witch Hunt).(Brief Article)
March 21, 2002... Transneft is facing yet another probe by the Audit Chamber. The pipeline operator believes it was instigated by several major oil companies aggrieved by the tough rules that Transneft has imposed on accepting crude into its pipeline network....

Gazprom targets in doubt as cash runs short. (Cash-Strapped).(Brief Article)(Statistical Data Included)
March 21, 2002... The ugly truth is now in the open: Gazprom is starved for cash. If inputs are not forthcoming soon, the gas giant could choke on its own ambitious $4.5 billion investment program, let alone fail to meet the goal of raising its output to 530...

Bashneft starts trading on RTS. (Birthday Bash).(Brief Article)(Statistical Data Included)
March 21, 2002... Bashneft has made a star-studded entrance into the Russian stock market. Trading of the new stock kicked off on the Russian Trading System (RTS) on Mar. 12, closing at $2.80 per common share that day. Last week the price hit a high of $3.11....

Slavneft places $64m bonds. (When I'm 64).(Brief Article)(Statistical Data Included)
March 21, 2002... Inspired by the success of its corporate bonds issue last year, Slavneft has doubled the size of the program to 2 billion rubles ($64 million). The new paper, which the Russian oil company placed on Mar. 14, bears 19.85% annual interest,...

Equities.(Brief Article)
March 21, 2002... Equities Share Prices Closing On March 19, 2002 ($/Share) Closing Change From 12 Months Price Mar. 12, 2002 High Low Locally Traded Shares Bashneft...

Currencies.(Brief Article)(Statistical Data Included)
March 21, 2002... Currencies US Dollar Exchange Rates Mar.20'02 Mar.13'02 Former Soviet Union Russian ruble 31.12 31.05 Armenian dram 572.66 570.10 Azerbaijani manat 4,826 4,820...

Defections and purges pose test for Niyazov. (Spring Cleaning).(President Saparmurat Niyazov of Turkmenistan)(Brief Article)
March 21, 2002... The ironclad grip of President Saparmurat Niyazov is facing a stem test in Turkmenistan, against a background of continued US military action across the border in Afghanistan. Stung by the defections by several senior government officials and...

Dubai says no to Dragon buyout. (Turkmenistan). (Dragon Oil).(Brief Article)(Statistical Data Included)
March 21, 2002... Emirates National Oil Co. (ENOC), a commercial arm of the Dubai ruling family, has broken off talks on taking full control of Dragon Oil, the 9,000 b/d producer in which it already holds a 69.2% stake. The result is that Dragon, which has had...

Gazprom group wins gas privatization. (Slovakia). (Slovensky Plynarensky Priemysel).(Brief Article)(Statistical Data Included)
March 21, 2002... The Slovak government has approved the sale of 49% of gas pipeline and storage concern Slovensky Plynarensky Priemysel (SPP) to a consortium of Gazprom, Gaz de France, and Germany's Ruhrgas. The group was the only bidder, offering 130...

Gas pipeline passes major milestone. (Georgia).(BP-led coalition may go forward)(Brief Article)(Statistical Data Included)
March 21, 2002... Plans by a BP-led consortium to pipe gas from Azerbaijan via Georgia to Turkey moved a step closer with the signing by Georgia on Mar. 14 of the host government agreement for the Shah Deniz pipeline. "The agreement is a milestone that sets...

Refiners hit by export curbs. (Kazakstan). (petroleum).(Brief Article)(Statistical Data Included)
March 21, 2002... Refinery output dropped to 141,900 b/d in February, 8% down on January volumes, as Kazak oil products continue to be subject to export restrictions and struggle to compete on price with imported material from Russia. Hurricane...

Russia: Schedule of export supplies, second quarter 2002 ('000 metric tons).(Statistical Data Included)
March 21, 2002... Russia Schedule Of Export Supplies, Second Quarter 2002 ('000 metric tons) Nova Tuapse (*) Ventsplis Germany TOTAL 9,504 1,060 2,630 5,220...

Cash values soar in bull market. (Crude Oil).(prices and exports)(Brief Article)(Statistical Data Included)
March 21, 2002... A combination of continuing tension in the Middle East, encouraging forecasts about an economic recovery and somewhat bullish US inventory figures made futures traders push the buy buttons on their computers. April Brent hit new six-month highs...

Futures stronger, differentials softer. (Products).(Russian gas oil)(Brief Article)
March 21, 2002... Rises on the screen pulled up Russian gas oil prices, thanks to bullish US inventory data. The increase was somewhat mitigated by softening differentials in both Northwest Europe and the Mediterranean. Gas oil exports out of the Baltic Sea...

Marketplace.(Brief Article)(Statistical Data Included)
March 21, 2002... Marketplace Spot Crude Oil Prices S/barrel f.o.b. terminal, or c.i.f. destination Mar. 20 '02 Mar. 13 '02 Chg. Dated Brent f.o.b. (38 API) 24.80 23.60 1.00...

Russia turns crude trading on its head. (Poor Relations).(Brief Article)
March 28, 2002... Russia's oil trading community is being shaken up as newly forged partnerships cast aside long-established commercial ties. A reshuffle is brewing in the Energy Ministry, too, which could have a bearing on oil sales: Insiders say that...

Turkmenistan in two-way traffic as investors come and go. (New Blood).(Brief Article)
March 28, 2002... Turkmenistan's oil and gas industry is in transition, with new entrants knocking at the door, and older hands preparing to pack their bags. Among those queuing up are Germany's Wintershall, which is planning to start development of a gas...

Corus expands in Moscow. (Hard Core).(Brief Article)
March 28, 2002... Corus Trading is breaking into the competitive Moscow retail market, by aggressively expanding its network of gasoline stations. The trading outfit has increased its number of filling stations to 24 in the Moscow region, and says this is set to...

Ministry extends tender ban. (Prohibition).(Russia. Ministry of Natural Resources)(Brief Article)
March 28, 2002... An unofficial moratorium on tenders for the right to develop Russia's oil and gas deposits is likely to stay in place until the end of 2002. Although no formal ban exists, the government has refused for over a year to hold any new tenders until...

Majors expand offshore. (Surf and Turf).(Brief Article)
March 28, 2002... Russian oil companies are expanding into offshore exploration. Tatneft is financing drilling on the Arctic shelf, while Yukos and Sibneft are targeting acreage off the coast of the Kamchatka peninsula and Sakhalin Island in the far east. ...

Sakhalin-2 targets Japanese LNG customers. (Hard Sell).(Brief Article)
March 28, 2002... Royal Dutch/Shell is targeting Japan's two leading gas importers -- Tokyo Gas and Tokyo Electric Power Co. (Tepco) -- as the main candidates to buy liquefied natural gas (LNG) from its Sakhalin-2 project. A preliminary agreement is...

Sakhalin blocks to sell by year-end. (Five Alive).(Brief Article)
March 28, 2002... The government may put two blocks within the Sakhalin-5 offshore zone on the auction block by year-end, in a plan currently being hammered out by the Ministry of Natural Resources. The Russian authorities are currently focusing on the...

Transneft says Adria deal 'close'. (Club Med).(Brief Article)
March 28, 2002... State pipeline operator Transneft says that five governments are close to agreeing on terms for a project to reverse the flow of the Adria pipeline, which would enable Russia to ship crude to the Croatian port of Omisalj on the Adriatic Sea....

Russians bask in Iraqi crude. (Lord of the Rings).(Brief Article)
March 28, 2002... Historically among the favorites of their Iraqi colleagues, Russian oil companies have increased their share of liftings under phase 11 of the UN oil-for-food program, which started Dec. 1 last year and will end May 29 (NC Feb. 28,p3). At...

Russia takes #1 spot. (Champions).(Brief Article)
March 28, 2002... Russia ramped up crude production in February to overtake Saudi Arabia as the world's number one producer, climbing to 7.31 million b/d (27.94 million metric tons), up 97,000 b/d from January levels and a whopping 596,000 b/d higher than the...

Russian crude loadings rise in April. (Fit and Fun).(Brief Article)(Statistical Data Included)
March 28, 2002... Russian pipeline operator Transneft is continuing to ramp up exports in the two ports most tightly controlled by the pipeline operator: Novorossiysk on the Black Sea and Primorsk on the Baltics. The principal Black Sea port of Novorossiysk...

Novorossiysk crude loading program for April 2002. (Russia).(Brief Article)(Statistical Data Included)
March 28, 2002... Novorossiysk Crude Loading Program For April 2002 Berth 1 Vol. '000 Position Date Exporter Supplier metric tons 1. 02-03 Yukos Yukos ...

Surgut modest about 2001 results. (Scrooge).(Brief Article)(Statistical Data Included)
March 28, 2002... Surgutneftegas, the most conservative of Russian oil majors, has published unaudited 2001 results in accounts prepared according to Russian accounting standards (RAS) -- with a promise from company president Vladimir Bogdanov that GAAP accounts...

Gazprom strengthens grip on Sibur. (Strong Hand).(Brief Article)
March 28, 2002... Natural gas monopoly Gazprom has strengthened its grip over Sibur at the petrochemicals holding's Mar. 25 extraordinary shareholders meeting. Shareholders also voted down a planned $2.1 billion share issue in Sibur, which would have caused...

Equities. (Finance).(Statistical Data Included)
March 28, 2002... Equities Share Prices Closing On March 26, 2002 ($/Share) Closing Change From 12 Months Locally Traded Shares Price Mar. 19, 2002 High Low Bashneft 2.98 ...