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OilMARKET 02 / 2009
TOPIC OF THE ISSUE
First deliveryFirst delivery
Primary columns arrive in Nizhnekamsk
Work on the TANEKO project in Nizhnekamsk entered the active phase in the end of last year. While carrying out the first line of the project in October 2008, specialists from Neftegazingineering began assembling the key element in the project the ELOU-AVT-7 primary refining unit. The site contractor had already put together the electric dehydrators and begun installing heat exchangers. In November, marine engineers began tackling the primary columns which began arriving from Petrozavodsk.
PERSON OF THE ISSUE
Christof H.Ruehl, Chief Economist and Vice President of BP plcChristof H.Ruehl, Chief Economist and Vice President of BP plc
Did not you many times ask the same question: what's happened? What's happened in 2008, when the crude price hit $147/bl in July and then made the biggest in history slide to $43/bl by the end of the year? Conspiracy theories were available dime a dozen. It was Christof Ruehl who had charts and figures to illustrate the build up and downfall of oil prices in pure terms of supply-demand during the Energy Price Conference on 18 February at the Energy Institute IP week conference in London.
PHOTO OF THE ISSUE
Russia courts Turkey as VIP clientRussia courts Turkey as VIP client
Our relations are based on a very powerful foundation. This means a series of large-scale projects including the Blue Stream, Russia's president Dmitry Medvedev stated during the negotiations with his Turkish counterpart Abdullah Gul on 13 February. Medvedev's positive outlook coincided with gazprom's natural gas shipments boost to Turkey. In response to the Turkish side growing demand, Russian giant increased shipments by 25.4mn m3 to 64.7 mn m3/d. According to increased orders from Botas, Gazprom has added up shipments of Russia's natural gas to Turkey. The volume of daily exports grew sharply during 11-25 February, with the supplies via Blue Stream natural gas pipeling growing to 29 mn m3/d from 20 mn m3/d and supplies via the western corridor (via Ukraine, Moldova and Bulgaria) increasing from to 38.4 mn m3/d from 22 mn m3/d, according to Gazprom.
EXPLORATION AND PRODUCTION
Regal Petroleum attracts a world drilling leaderRegal Petroleum attracts a world drilling leader
Thanks to the investments of private companies, Ukraine's oil and gas production sector is beginning to take new shape. Probably the most noticeable event last year was Regal Petroleum's large field development project in Poltava Region. In order to carry out this project, the British invited one of the biggest oil and gas service companies in the world to Ukraine Italy's Saipem. Two rigs unlike any others in Ukraine and other equipment and material has already been delivered. Saipem not only provides Ukrainians with work, it is giving them access to modern technologies. Without exaggeration one can say that this is the first such project in Ukraine.
TRANSPORTATION
Gazprom takes a breakGazprom takes a break
The gas giant lowers production and current investments, while retaining plans for long-term projects
Difficult times indeed have arrived for the Russian oil and gas industry including both small companies and the largest players in the sector. At the beginning of the year, the national treasure Gazprom has its biggest drop in production for 10 years. The falling prices of oil has emaciated Gazprom's export revenue the concern's main source of income. Despite this, the gas giant is not giving up on its ambitious investment projects, some of which have distinct political underpinnings.
TRANSPORTATION
Validol for the gas transportation systemValidol for the gas transportation system
Ukraine and Russia search for consensus on gas transit
In the opinion of the director of Russian and Eurasian programmes at the London Queen's Institute of International Relations, James Sherr, the Ukrainian side would find it far more advantageous to attract European investments to modernise its gas transport system, than to join a dubious consortium.
REFINING
The future of Russian gas refineriesThe future of Russian gas refineries
As the world languishes today in the global economic crisis, one of Russia's main export products is gas. Naturally, the condition and prospects of gas production, refining and transportation draws the heightened interest of gas consumers and suppliers, designers of refining technologies, equipment, management systems and transportation for the gas industry. An international conference held in Moscow in December 2008 in the Grand Marriott hotel in Moscow was dedicated to the future of Russian gas refineries.
NATURAL GAS
GazpromGazprom's ties
Gazprom's move to purely market relations with countries in the former Soviet Union helps the monopoly remove competitors in the fight for gas resources from Europe and the United States. These changes have hurt Ukraine more than any other country today.
COMPANIES
SystemSystem's approach
Vladimir Yevtushenkov's company prepares to take control of Bashkortostan fuel and energy enterprises
Companies in the Bashkortostan fuel and energy complex could soon have a new boss the shareholders' financial corporation Sistema. The company announced it has big plans for acquisitions which are expected to entail controlling stakes in six enterprises in the republic which produce, refine and sell oil.
COMPANIES
StatoilHydro invests in Russia's next specialists generation
On 23 January, the Norwegian major StatoilHydro signed cooperation memorandums of understanding with Arkhangelsk State Technical University and Murmansk-based Professional Lyceum 6 to train students for work in the oil and gas industries.
TECHNOLOGY
Five Seas Space ProtectsFive Seas Space Protects
Up-to-date technologies of satellite radar imagery enable prompt and cost-efficient monitoring of sea areas. Actuality of near real-time information of ice situation in north seas, oil spills and derived products in the different regions of Russia especially obvious at mastering and exploitation of deposits of oil of continental shelf of Russia and transporting of oil, of oil products and LPG by a sea-lane.
TECHNOLOGY
Associated petroleum gas  nanotechnologies and motor fuelsAssociated petroleum gas nanotechnologies and motor fuels
Making use of associated petroleum gas (APG) is one of the priorities facing the Russian oil and gas complex. The lack of balance between crude production of and the level of APG refining has led to over 20bn m3 of gas forming hydrocarbons flared every year. This situation in the refining sector causes huge economic losses and is a serious threat to the environment. Using nanotechnologies at the Zelinskiy Organic Chemistry Institute at the Russian Academy of Sciences made it possible to develop a method for converting APG into synthetic gas of specific compositions including motor fuels.
TECHNOLOGY
Production control: adding up flexibilityProduction control: adding up flexibility
New distributed control system for smaller enterprises from Honeywell
On Feb.2, Honeywell introduced its Experion LS control system, a new product within Honeywell's Experion Process Knowledge System (PKS) line that provides the power and reliability of a distributed control system (DCS) in a small and flexible solution. Presentation took place in Orlando (Florida, USA).
EVENT
Aggressive productionAggressive production
Hydrogen disulfide rich gas fields production issues
Over recent years, natural gas has become a central element of the global industry of energy resources which are lacking in nearly all parts of the world today. Because of this, the role of non-standard gas reserves hydrogen disulfide rich gas fields is rising. 400 such fields are known today and of this number, there are about 130 in the European part of Russia. However, developing these types of fields requires solving complex technical problems and must take into consideration environmental safety while achieving profits and reliability and using the sulphur for which there is limited demand in the world.
03 / 2018