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10.02.2014 Gas transit to EU via Ukraine up 5% in January

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.

10.02.2014 Gazprom chief, Lithuanian PM discuss natural gas trade, transit

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.

07.02.2014 Russian oilmen to receive tax breaks for geological prospecting

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.

07.02.2014 Gazprom Neft, Shell to share three licenses in Yugra

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.

07.02.2014 Russia’s Rosneft wants Chinese firms to invest in Arctic deposits

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.

07.02.2014 Russia’s Rosneft to export extra 180,000 bpd of oil to China

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.

07.02.2014 Russian oil producers want base oil export duties cut

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.

07.02.2014 Russia’s Rosneft chief says not to break up Gazprom monopoly on gas export

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.

07.02.2014 Russia may cut gasoline export duty

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.

07.02.2014 Russia to re-evaluate non-conventional reserves in 2015

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.