|TOPIC OF THE ISSUE|
|Advancing along the Great Eurasian Path|
According some historical evidence it was called Great Silk Road, otherwise called Great Fur Road, but people used to know for ages this great caravan road helping to maintain trading, economical, political and economical links between the people from China to Balkans.
|EXPLORATION AND PRODUCTION|
| NCOC enters new stage in its development|
North Caspian Operating Company, developing one of the biggest oil and gas projects in history — the Kashagan field in the Kazakhstan sector of the Caspian sea. Effectively of 1 May it's started reorganization into a new, restructured company with the new managing director.
|RussoChinese natural gas Dao|
Strategic agreement on annual supplies of 38bn m 3 of the natural gas from Russia to China, signed on 21 May during
the Russian president Vladimir Putin visit to China sparked massive discussions, criticism and praise. Following almost two decades of negotiations, the $400bn contract on supplies via the set to be built gas pipeline the Power of Siberia will have multiple implication for the natural gas
markets around the world.
|Bohdan Sokolovsky: Strictly natural gas matters, nothing personal|
We met with Bohdan Sokolovsky, former President Yuschenko adviser on energy matters in the end of May in a street caf? in Podol district in Kiev amid vivid crowd, where it's easy to get lost and talk about pressing matters.
Former physicist, having spent 10 years working in Kurchatov research institute of nuclear energy in Moscow, Skolovsky is polite, soft spoken and thoughtful, talking all the time Ukrainian.
|Gazprom neft introduces innovative oil pipelines control methods|
G azprom neft subsidiary
Gazpromneft Noyabrskneftegaz on 22 April
completed testing and started using unmanned aerial vehicle (UAV) Chelpiper775 for oil pipelines technical condition control. Russian company
Rimera organized aerial monitoring with the use of unmanned aerial vehicle
|Petronas launches hull of its first floating LNG facility|
M alaysia's Petroliam Nasional
Berhad (Petronas) reported that it has launched the hull of its first floating liquefied natural gas (PFLNG 1) facility at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in
Okpo, South Korea.
|Abu Dhabi refinery gears up to 10ppm diesel production|
Abu Dhabi 400,000 b/d refinery in Ruwais, 240km west from the city plans to gear up to 10ppm diesel production
starting from July 2014, in line with the changes in the country's
environmental regulations. The refinery is selling out stocks of 500ppm diesel.