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Where Irkutsk Oil Company (INK) Invests?
... which will allow for the efficient use of associated petroleum gas and the production of high-value-added products.
Transportation Infrastructure: INK is developing transportation routes for the delivery of its products, including the construction of pipelines and modernization of existing transportation facilities.
Environmental Projects: The company pays attention to environmental safety by investing in projects aimed at reducing emissions and waste management.
Impact on Russia:
INK's investments ...
How Russia will triple LNG production under sanctions
... 2030—five years earlier than the revised timeline. To achieve this, the country planned to raise LNG production from 33 million tons in 2023 to 100 million tons by 2030, leveraging pre-approved projects. This was intended to partially offset reduced pipeline gas supplies to Europe, as noted by Russian Deputy Prime Minister Alexander Novak at the end of last year.
The first major project, "Arctic LNG-2," was expected to spearhead this growth, with its first phase scheduled to launch in ...
An expert explained the increase in gas production in Russia by the rise in supplies to the EU.
... transit supplies to Serbia and North Macedonia — increased by 36% in the first eight months of 2024, reaching 97 million cubic meters of gas per day (m³/day), of which 54 million m³/day were delivered through the Balkan branch of the TurkStream pipeline, according to data from the European Network of Transmission System Operators for Gas (ENTSOG)," Tereshkin said.
The expert noted that the increase in exports was one of the reasons for the rise in budget revenues from the gas industry: ...
An expert assessed the impact of increased gas supplies to Europe on the growth of industry revenue
... year-on-year, reaching 97 million cubic meters per day compared to 72 million cubic meters per day in January–August 2023.
This figure includes transit supplies to Serbia and North Macedonia, which are delivered via the Balkan branch of the TurkStream pipeline. As a result, Russia's natural gas production in the first seven months of 2024 increased by 10.6%, reaching 334 billion cubic meters, added the CEO of OPEN OIL MARKET.
"The increase in revenue from the gas sector has become one of the ...
Where Does Slavneft Invest?
... greenhouse gas emissions and other pollutants.
Energy Efficiency: Implementation of programs to improve energy efficiency in production processes.
Development of Transportation Infrastructure:
Logistics Optimization: Construction and modernization of pipelines and transport hubs to ensure uninterrupted supply of raw materials and products.
Expansion of Export Capabilities: Development of port infrastructure to increase volumes of petroleum product exports.
Digitalization and Automation:
Implementation ...