FSU Energy articles from April 2001, page 2

FSU Energy archives from April 2001

Russian rail exports rise in April.
April 6, 2001... Russia is due to export 4.64mn t of crude and products by rail this month (see table), a 22pc increase on scheduled March volumes. Oil companies have also requested a further 762,000t of crude and product exports, but are awaiting approval....

Energy ministry urges 2Q export boost.
April 6, 2001... Russia's energy ministry is pushing for at least 2mn t (160,000 b/d b/d) of extra crude exports in the second quarter, ahead of this week's meeting of the government commission on access to export pipelines (MVK) led by the vice-premier...

Russia grapples with domestic supply.
April 6, 2001... Russia's tariffs commission has recommended that the country's fuel oil export tax be reduced to 20 [European Dollar]/t ($18/t) from the current 31 [European Dollar]/t, say government sources. But the 39 [European Dollar]/t tax on gasoil is...

Russia/CIS.
April 6, 2001... Gazprom replaces NTV board Gazprom has taken control of the board of Russian independent TV channel NTV following a shareholder meeting this week. This marks the end of a long takeover battle in which Gazprom is accused of acting for the...

Caspian/central Asia.
April 6, 2001... KazTransGaz increases capacity Kazakh gas pipeline operator KazTransGaz has boosted the capacity of its main central Asia-Russia line to 40bn [m.sup.3]/y from 35bn [m.sup.3]/y. And it plans to increase exports to 48bn [m.sup.3]/yr by the...

Baltics.
April 6, 2001... Baltic fuel spill Over 2,000t of fuel oil leaked into the Baltic Sea when a tanker carrying 35,000t of Russian-origin fuel oil collided with a freighter last week. The double-hull tanker, the Baltic Carrier, chartered by a US trader, was...

Central/eastern Europe.
April 6, 2001... EU accepts Czech reserves build-up The EU has agreed to the Czech Republic's request to extend the transition period for building a 90-day state oil reserve until December 2005. The Czech government is also requesting a transition period...

Putin address leaves market cold.(Vladimir Putin)(Statistical Data Included)
April 6, 2001... Not even an upbeat state-of-the-nation address from President Vladimir Putin could halt a slump that took shares to their lowest level since Turkey's financial crisis in February. The Russian Trading System (RTS) index dived 5pc to close...

Petrom plans investment spree.
April 6, 2001... State-owned Romanian oil firm Petrom plans to invest $300mn this year, and will channel the bulk of the money into its upstream operations. Petrom reports a surge in pre-tax profits for 2000 (see table), under Romanian accounting...

Romania fights gas output slide.
April 6, 2001... Romania is trying to reverse a disastrous slide in gas output with the help of western investors. In the mid 'eighties, Romania was one of Europe's largest producers, with a higher output than Norway. But the combined effects of...

Oversupply stifles Russian products.(Brief Article)(Statistical Data Included)
April 6, 2001... * A surplus of cargoes and poor demand led to a fall in gasoil prices. And with fresh refiner interest for fuel oil failing to emerge, bunker buying from Asia was not enough to support fuel oil prices. * Black Sea gasoil prices plunged by...

Urals gains on Novo delays.(Brief Article)(Statistical Data Included)
April 6, 2001... * Outright Urals tracked Brent, falling by more than $1/bl early in the week before regaining some strength. Prices were supported by weekly US stock data, which showed a heavy 4.3mn bl gasoline draw in the US. * Continuing delays at...

Russian crude exports.
April 6, 2001... Russian Crude exports Crude exports from Russia, March 2001 '000t Exporter Novorossiysk Tuapse Total exports through Russia 3,315.6 492.6 Total exports by Russia ...

Netbacks.(Brief Article)(Statistical Data Included)
April 6, 2001... [GRAPHS OMITTED] Netbacks Russian crude netbacks Ventspils Butinge Novorossiysk Urals (cif-fit) ($/bl) 22.06 22.06 22.08 Urals (cif-fit) ($/t) ...