Oil and Gas Sector

19.10.2017

Over 87m tonnes of oil to be extracted in Kazakhstan by 2020

In Kazakhstan, by 2020, oil production will be more than 87 million tonnes. This was announced by the Prime Minister Bakytzhan Sagintayev at the plenary session in the Majilis during discussion of the draft law "On the republican budget for 2018-2020", Kazpravda.kz reports.

According to him, at present the volume of...

In Kazakhstan, by 2020, oil production will be more than 87 million tonnes. This was announced by the Prime Minister Bakytzhan Sagintayev at the plenary session in the Majilis during discussion of the draft law "On the republican budget for 2018-2020", Kazpravda.kz reports.

According to him, at present the volume of...

19.10.2017

Russia to help Kazakhstan overcome fuel deficit

Russia has already started providing support to Kazakhstan in overcoming the fuel deficit. Extra deliveries of gasoline will be 100,000 tonnes this month, Deputy Energy Minister Kirill Molodtsov told TASS on Wednesday.

"We are proactively helping; our shipments are in full swing now. We helped in respect of jet fuel in...

Russia has already started providing support to Kazakhstan in overcoming the fuel deficit. Extra deliveries of gasoline will be 100,000 tonnes this month, Deputy Energy Minister Kirill Molodtsov told TASS on Wednesday.

"We are proactively helping; our shipments are in full swing now. We helped in respect of jet fuel in...

19.10.2017

KMG filling station chain selling AI-92 gasoline without restraint

The KazMunayGas (KMG) filling station chain is selling AI-92 grade gasoline, the most popular in Kazakhstan, in all regions of the country without any restraint, Kazinform refers to the press service of KazMunayGaz Onimderi LLP.

According to the press service's information, there isn't any restraint in AI-92 grade gasoline sales in...

The KazMunayGas (KMG) filling station chain is selling AI-92 grade gasoline, the most popular in Kazakhstan, in all regions of the country without any restraint, Kazinform refers to the press service of KazMunayGaz Onimderi LLP.

According to the press service's information, there isn't any restraint in AI-92 grade gasoline sales in...

19.10.2017

Med Crude-Urals diffs down again in Med despite lower Kirkuk supplies

Kazakhstan’s benchmark Urals crude’s differentials in the Mediterranean eased again on Wednesday, while levels in the Baltic were pressured by backwardation in Brent CFDs and unsold barrels for loading late in October to early November, traders said.

In the Platts window Trafigura offered 80,000 tonnes of Urals from Novorossiisk for loading...

Kazakhstan’s benchmark Urals crude’s differentials in the Mediterranean eased again on Wednesday, while levels in the Baltic were pressured by backwardation in Brent CFDs and unsold barrels for loading late in October to early November, traders said.

In the Platts window Trafigura offered 80,000 tonnes of Urals from Novorossiisk for loading...

19.10.2017

Daily closing prices of Urals versus global benchmarks

(US$/Barrel)

Date

Urals *

Brent

WTI

October 11, 2017

55.82

56.94

51.30

October 12, 2017

55.07

56.25

50.60

October 13, 2017

55.98

57.17

51.45

October 16, 2017

56.46

57.82

51.87

* the price is based on the Urals/Brent differential

Reported by Top Oil News.

(US$/Barrel)

Date

Urals *

Brent

WTI

October 11, 2017

55.82

56.94

51.30

October 12, 2017

55.07

56.25

50.60

October 13, 2017

55.98

57.17

51.45

October 16, 2017

56.46

57.82

51.87

* the price is based on the Urals/Brent differential

Reported by Top Oil News.


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