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 Russian market news 

   

   
   

 
  “ArcelorMittal” (India) has obtained coal producers in the Kemerovo Region
   
  “TNK-BP” (Russia-Great Britain) to invest in 2007-2011 USD 800 million in the development of Kamennoye reserves in Hanty-Mansiysk region
   
  “Pehora Energy”(Russia) to invest USD 125 million in mastering oil and gas reserves “Luzhskoye” in Komi Republic
   
  “RusInkor” (Russia) developing “Kalinovskoye-Vostochnoje” coal field in Rostov region
   
  In Kemerovo region new coalmine is put into operation
   
  “Rosneft” (Russia) extending the operations on oil and gas reserves on West Kamchatka shelf
   
  “Imperial Energy” (Great Britain) – more than USD 600 million investments in oil recovery in Russia for 2007-2010
   
  “Gazpromneft-Hantos” (Russia) to invest USD 200 million in the program of casing-head gas utilization
   
  “Belon Group” (Russia) put in operation coal enrichment plant in Kemerovo region
   
  “Kuzbassrazrezugol” (Russia) to build two plants for enrichment of power generating and coking coals
   
  “Total” (France) and “Gasprom” (Russia) reach agreement on joint development of Shtokman gas condensate reserves
   
  “Irkursk Oil Company” (Russia) to increase recovery of oil and condensate at their oil fields in Eastern Siberia
   
  “Saga Oil” (Norway) to develop their Orenburg region reserves
   
  “Rosneft”(Russia) mastering Vankorsk oil fields in Krasnoyarsk region
   
  “TNK-BP” (Russia, Great Britain) to invest in 2007-2009 USD2,5 billion in the development of Uvatsky oil field in South Tyumen
   
  “Russky Ugol” (Russia) to invest in 2007 about USD 80 million in refurbishment of their mines in Rostov region
   
  “MOL Group” (Hungary) planning to invest more than USD 200 million in Volga-Ural regional oil reserves development
   
  “ALROSA” (Russia) to build refinery in Yakutiya
   
  “Rosneft” plans to invest USD8 billion in the Far East of Russia
   
  “LUKOIL” (Russia) starts the development of oil and gas in northern part of the Caspian Sea
   
  “Gasprom”(Russia) adopts program of gas recovery technical refurbishment up to 2010
   
  “THK-BP” (Russia, Great Britain) plans to invest about USD3 billion in the development of new oil reserves in Siberia
   
  “RussNeft” (Russia) to invest in 2007-2012 USD1,5 billion in geological survey and extension of oil recovery
   
  “Sibir Anthracite”(Russia) started construction of beneficiation plant in Novosibirsk region
   
  In Ural a complex to be built for methanol production
   
  “Lundin Petroleum” (Sweden) to extract oil in Russia
   
  “Gasprom” (Russia) develops construction of the surface part of North-European gas pipeline
   
  New Russian-Spanish Joint-Venture to be created in gas industry
   
  “Total” (France) plans to partake together with “Gasprom”(Russia) in development of Shtockman reserves in Barents Sea
   
  “Shell” (Great Britain, Holland) to build in Russia their own chain of filling stations with alternative fuels
   
  “West Siberian Resources”(Sweden) to start oil extraction in Volga region
   
  “Repsol YPF” (Spain) and “West Siberian Resources”(Sweden) created strategic alliance for joint development of oil and gas reserves in Siberia
   
  “ConocoPhillips”(USA) – USD 700 million for investments in Russia in 2006
   
  Russian Government cancelled the export duty on liquefied gas
   
  “Gazprom”(Russia) and “Statoil”(Norway) to co-operate in development of reserves on the Arctic shelf
   
  “Gazprom” Investment program (Russia) for 2006 exceeds USD11 billion
   
  Russia gives access to its continental shelf
   
  “Air Liquide”(France) preparing to create their own production of technical gases in Russia
   
  “Gasprom” selecting partners for development of Shtockman gas field
   
  “EvrazHolding” (Russia) and “Mitsui” (Japan) created Joint Venture for development of Denisov coalfields in Yakutiya
   
  “Severstal-Group” (Russia) to invest USD350 million in creating underground conveyor line on Vorkuta coal mines
   
  “SUEK” (Russia) – USD 300 million of investments in 2005 for extension and modernization of coal mining
   
  Chinese capital striving to win positions in Russian oil recovery industry
   
  “ONGC”(India) is prepared to invest USD20 billion in oil and gas production in Russia
   
  “Yuganskneftegas”(Russia) augments oil recovery
   
  “NLMC” to undertake coal mining
   
  “Start Petroleum Ltd.”(Canada) announced its intention to partake in oil recovery in Russia
   
  First time a foreign partner to be allowed to gas recovery
   
  Bids for oil field development in Siberia
   
  High rates of Salym oil field in West Siberia development
   
  Oil to be processed with the help of ultra sound in Nizhny Novgorod region
   
  Russian-German Joint Venture elaborates new technology for oil sludge processing
   
  Western banks finance oil recovery by English-Russian Joint-Venture “TNK-BP”
   
  The Russia largest dry dock built in the Far East
   
  “Rosneft” (Russia) and “BP” (Great Britain) sign a contract for “Sakhalin-5 Project”
   
  “YUKOS” to build gas processing plant
   
  Construction of marine ice-resistant platform to be completed
   
  “Schlumberger” to help Russian companies in developing oil and gas fields in Siberia
   
 
"Gorodissky & Partners"
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Phone: 7 (495) 937 6116 / 6109 Fax: 7 (495) 937 6104 / 6123
E-mail: pat@gorodissky.ru, http://www.gorodissky.com