Lukoil will increase associated gas utilization to 95%, as stipulated by the government, by the end of 2014, Lukoil board chairman Valery Grayfer has told an economic forum on the Caspian region.
Azerbaijan's state energy company SOCAR plans to launch six vacuum compressor installations at the offshore Palchig Pilpilesi field, Azernews reported on March 5.
State Oil Company of Azerbaijan Republic (SOCAR) plans to set up six vacuum compressor installations at the "Gryazevaya Sopka" (Mud Volcano) offshore field to collect low pressure associated gas, according to a message from SOCAR, Trend reported on March 4.
In 2013, OAO NGK Slavneft's subsidiaries produced 16.8 mln tons of oil, which is 94.1% vs. 2012 level, Slavneft’s press service said on January 15. Gas production volume at the Company's oilfields reached 817.3 mln cu.
LUKOIL’s Board of Directors held a meeting in Moscow on January 13 to summarize the company’s preliminary performance results from 2013 and set priorities for 2014.
Lukoil conducted a presentation of its Environmental Security Program for 2014-18 today. Representatives from the Federation Council, the State Duma and the Russian ministries of energy and natural resources attended.
The Uzbek national holding company Uzbekneftegaz will in 2014 start the projects to utilize associated gas at the gas fields in Kashkadarya region worth a total of $190mn, RIA Novosti has reported, citing a source from the company.