Russia offers 17 blocks in West Siberia

Russia is planning to auction 17 state-held oil and gas blocks located in its core hydrocarbon province of West Siberia, in September and October. A total of 20 five-year exploration and development licences for seven blocks are scheduled to be auctioned in the Yamal-Nenets region, which hosts mostly gas deposits...

Europe goes without as Turkey and China see higher Russian gas deliveries

Gazprom and most other Russian Refineries has apparently left customers in northern and central Europe at bare export contract levels this year, diverting most of its incremental output to Turkey, China, Bulgaria, Romania and Greece. The Russian state-controlled gas monopoly’s latest operational statement, plus data from European transmission operators, suggest...