Ukraine increased gas transit to Western Europe in January 2014 by 5.3%, to 7.4 billion cubic meters, PJSC Ukrtransgaz's press service has told Ukrinform.
Sochi hosted on February 7 a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Algirdas Butkevicius, Prime Minister of the Republic of Lithuania, Gazprom’s press service has said.
The Russian environment ministry has asked the government to stimulate geological prospecting with tax breaks and to introduce punishment for the failure to meet obligations regarding geological prospecting.
The joint venture Khanty-Mansiysky Oil Alliance has received three licenses for geological prospecting in the Khanty-Mansiysky autonomous area (Yugra), Gazprom Neft deputy director Vadim Yakovlev has said.
Rosneft has been negotiating with Chinese firms on oil production in the Russian Arctic and Sakhalin deposits, Rosneft chairman Igor Sechin has said in Sochi. Also, Russia and China are to agree on gas prices by May 2014.
Russia's biggest oil producer Rosneft will export an additional 9 million tonnes (180,000 barrels per day) of oil to China this year and is continuing talks to increase eastbound crude supplies further, the company said on February 6, Reuters has reported.
Russian oil companies Lukoil, Gazprom Neft and Tatneft have asked the government for a reduction of export duties on base oils to 20% of the oil duty in a letter to Prime Minister Dmitry Medvedev, Itar-Tass reported on February 6.
Rosneft chief Igor Sechin said his company does not intend to break up Gazprom’s monopoly on gas export, Itar-Tass reported on February 6.
Russia’s Finance Ministry has suggested reducing the gasoline export duty gradually to 87% in 2017 from the current of 90% of the oil export duty rate, a source familiar with the matter told Prime on February 6.
Russia’s Federal Mineral Resources Agency will start re-estimating reserves of unconventional hydrocarbons, which include shale gas and high-viscous oil, in 2015, Natural Resources and Environment Minister Sergei Donskoi told reporters on February 6, Prime has reported.