WEB EXCLUSIVE, Moscow. Russian Prime Minister Dmitriy Medvedev signed a new government decree, published May 3, that grants Gazprom exclusive development rights for four new offshore fields in Russia's sector of the Barents Sea.
Gazprom became the major partner of the environmental expedition to the Bely Island in the Yamal-Nenets Autonomous Area as a part of the Year of Ecology.
India's state owned Petronet LNG in talks with Russia to import about three to four million metric tons of LNG a year, Natural Gas Asia reports.
The licenses to the Demidovsky, Medvezhii, Fersmanovsky and Ledovy fields are granted to Gazprom without tender, a government press release reads, according to Barents Observer.
Russian energy company Gazprom has the right to try to access the estimated 63.5 trillion cubic feet of natural gas in the arctic, the prime minister said, according to UPI.
Ukraine is working to become an energy hub, producing its own gas, developing storage and importing from both the European Union and Russia, Ukraine's visiting energy minister said, Reuters reports.
WEB EXCLUSIVE, Moscow. Russia's Minister of Economic Development, Andrey Belousov, stated April 29 that the government could limit it's annual gas price increases for industrial customers starting in 2014.
OAO Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2012.
Russian gas giant OAO Gazprom (GAZP.RS) revised down by almost one quarter the amount it paid to European clients in retroactive discounts in 2012 to reflect the results of negotiations, the company's deputy chief accountant, Mikhail Raseyev, said Tuesday, Dow Jones repo
Russia's OAO Gazprom (>> Gazprom OAO), the world's largest natural-gas producer, said Tuesday its fourth-quarter 2012 net profit decreased 4% while total sales rose 5%, compared to the same period a year ago, according to Dow Jones.