Russia’s competition watchdog delays Shell's oil exploration JV
The market competition regulator in Russia has delayed for three months the deal between Shell and Gazprom Neft that seeks to grant Shell a 50% stakes in Meretoyakhaneftegaz.
The deal which represents about RUB9.3 billion (US$145.73 million) is a joint venture of the two companies for the Meretoyakhinskoye oil field exploration.
Country updates
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October 31, 2019
Denmark approves final section of Nord Stream 2 gas pipeline
The Danish Energy Agency (DEA) has approved Gazprom´s application for the final section of the EUR 9 billion (USD 10 billion) Nord Stream-2 gas pipeline which will transport natural gas fro...
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October 11, 2019
Enel Russia completes transfer of 3,800 MW Reftinskaya GRES coal-fired power plan to Kuzbassenergo
JSC Kuzbassenergo, backed by Siberian Generating Company, has acquired the Reftinskaya GRES coal-fired power plant from Enel Russia RUB20.7 billion (US$317.17 million). The transfer has been complete...
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September 25, 2019
Largest renewable project beyond the Arctic Circle
Last week Enel Green Power broke ground at the Kolskaya wind project, located in the Russian northern region of Murmansk. With 201 MW of installed capacity, the facility is the largest wind farm curre...
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September 05, 2019
Novatek proceeds to Arctic LNG 2 Plant development
Novatek has proceeded with the start of the development of the Arctic LNG 2 project in Yamalo-Nenets Autonomous Okrug, Russia. The US$21 billion project is set to produce approxi...
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August 20, 2019
Novatek concludes Arctic LNG 2 deal with Chinese and Japanese investors
Novatek PAO, Russia’s biggest private gas producer, has completed the sale of 30% stake in its upcoming LNG project in Russia, the Arctic LNG 2, to China’s National Petroleum Corporation (...
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