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    Russian Oil and Gas Industry: News #2

    miketheterrible
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    Post  miketheterrible on Wed May 20, 2020 12:02 pm

    owais.usmani wrote:https://www.naturalgasworld.com/russia-eyes-petchems-boost-ngw-magazine-78869

    RUSSIA EYES PETCHEMS BOOST



    Russia wants to exploit its abundant oil and gas to build up its petrochemicals industry, but market conditions were far from ideal even before the Covid-19 crisis.

    Russia’s largest oil and gas producers are moving into petrochemicals, adding value to exports and establishing a greater downstream hedge against volatile oil and gas prices.

    Considering its vast hydrocarbon reserves, Russia’s petrochemicals footprint is minuscule, accounting for less than 2% of global supply capacity. This is set to change, with a raft of new projects due to come on stream over the coming years. These projects will mainly rely on ethane as feedstock, produced as a by-product of gas processing. Oil-derived naphtha, on the other hand, is proving far less popular.

    Shit, I've been saying this for at least since I've been on this site. They could have gotten into that lucrative market long before sanctions and low oil prices and get massive returns. Better late than never
    kvs
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    Post  kvs on Wed May 20, 2020 3:08 pm

    These articles are always full of spin BS. Russia has been developing its petro-chemical industry. Similarly, it has been growing
    its wood processing industry as well.

    miketheterrible
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    Post  miketheterrible on Wed May 20, 2020 4:22 pm

    kvs wrote:These articles are always full of spin BS.   Russia has been developing its petro-chemical industry.   Similarly, it has been growing
    its wood processing industry as well.  


    It has, but it has been rather small amounts. Most of the petrochemical industry is diesel plants. They have done a few more Euro 5 standard and I think 1 or 2 Euro 6 petrol plants but honestly they still import a lot of it. Right now they are importing crazy amounts from Belarus atm. The next is composite/plastic plants are growing but not at the rate some hope.
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    Post  owais.usmani on Wed May 20, 2020 5:34 pm

    https://www.kallanishenergy.com/2020/05/20/gazprom-makes-progress-on-new-russian-gas-lng-project/

    Gazprom makes progress on new Russian gas/LNG project


    Russian gas giant Gazprom is moving forward with a gas processing and liquefaction project, set to be the largest LNG plant in northwest Europe, Kallanish Energy reports.

    The integrated complex will be located near Ust-Luga, in the Leningrad region, northwest Russia. It will have a gas processing capacity of 45 billion cubic meters per year (Bcm/y) – the largest in Russia – and a liquefaction capacity of 13 million tonnes per annum (Mtpa).

    Gazprom said earlier this month it’s working on attracting project financing from both Russian and international credit institutions. It’s also currently clearing and preparing the site for construction works to begin.

    The complex will process ethane-containing gas supplied via gas pipelines from Gazprom’s deposits in the Nadym-Pur-Taz region. It will be operated by RusKhimAlyans – a 50-50 joint venture between Gazprom and RusGazDobycha.

    A gas chemical facility with capacity to produce 3 Mtpa of various polyethylene grades will be built by RusGazDobycha.

    Gazprom said the first trains will come on stream in the fourth quarter of 2023, second trains to be commissioned a year later.
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    Post  PapaDragon on Wed May 20, 2020 11:01 pm


    Two Gasprom's supply ships Ivan Sidorenko and Ostap Shermeta are being escorted by destroyer Admiral Panteleyev

    They have been observed by JMSDF passing through Tsushima Strait

    It's believed that they will be assisting​ with work on Nord Stream 2

    https://www.vesselfinder.com/vessels/IVAN-SIDORENKO-IMO-9624213-MMSI-273413540

    https://www.vesselfinder.com/vessels/OSTAP-SHEREMETA-IMO-9624225-MMSI-273459710




    Courtesy of Student Council President himself lol1 :

    Russian Oil and Gas Industry: News #2 - Page 25 20-8659665-p20200518-01-001




    EDIT: Also frigate Admiral Grigorevich and rescue tug Nikolai Muru departed Sevastopol today for deployment in Indian Ocean

    Completely unrelated of course Cool




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    Post  owais.usmani on Thu May 21, 2020 1:03 pm

    https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/052020-russias-nord-stream-2-loses-court-case-against-new-eu-gas-rules

    Russia's Nord Stream 2 loses court case against new EU gas rules


    Brussels — Russia's Nord Stream 2 gas link developer has lost its court case against changes that apply EU gas market rules to the EU section of offshore links with non-EU countries.

    The EU General Court dismissed the complaint on Wednesday, saying that Nord Stream 2 was not directly concerned by the changes to the EU's gas directive as the rules were transposed and applied with some discretion by national governments, and therefore any complaint should be directed at the national level.
    Nord Stream 2 had argued that complying with the new obligations would force it to sell the whole 55 Bcm/year pipeline from Russia to Germany to meet unbundling requirements, or "entirely alter its organizational and business structure," fundamentally weakening its investment case.

    The ruling comes just days after German energy regulator Bundesnetzagentur rejected Nord Stream 2's formal request in January for a waiver from the changes, which have applied since May 2019.

    Without the waiver, the Gazprom-owned project faces having to comply with EU third-party access, unbundling and tariff transparency rules for the section in German waters, once it becomes operational.

    BNetzA said such waivers can only be granted to pipelines completed before May 23, 2019.

    Russian President Vladimir Putin said earlier this year he expected Nord Stream 2 to come online by the first quarter of 2021 at the latest.

    There are just 160 km (99 miles) of pipe left to lay in Danish waters.

    The EU General Court's ruling can be appealed on points of law only within two months and 10 days.

    Nord Stream 2 also has the right to challenge any exemption decision by BNetzA before a German court by claiming the gas directives changes were "invalid," the EU court said.

    It would then be up to the German court to ask the EU Court of Justice, the EU's highest court, for a reference ruling on whether the changes are valid.

    Nord Stream 2 has until June 14 to appeal the BNetzA decision.
    kvs
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    Post  kvs on Thu May 21, 2020 4:12 pm

    You must be very pleased.

    Keep up the delusion. This ruling is a kangaroo court farce since it is not applied to the pipeline that runs through Turkey from Azerbaijan.
    So-called civilized unions and countries cannot pretend to engage in real justice if they apply it in opposite ways under identical situations.

    EU-tard kangaroo courts are staffed with political appointed hacks who have no clue about the fossil fuel supply situation on this planet.
    Their job is to engage in corrupt "jurisprudence" to lubricate the agenda of their political bosses and ultimately the elites who manipulate
    these sock puppets. As demonstrated by Brexit, EU political bosses as fucktards. They know less about the fossil fuel supply than the
    kangaroo court judge chimps.

    The EU will be crawling to Russia on its knees in the coming years. And Russia will be selling it super expensive LNG. I can already hear
    the hypocritical and self-contradictory screeching about evil Russia denying EU-tardia its rightful natural gas. But by then Russia will
    be able to export 100% of the EU-tardia directed gas to the east to China, South-East and South Asia.

    miketheterrible
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    Post  miketheterrible on Thu May 21, 2020 4:59 pm

    Since new rules keep being applied after prior agreements, I would sue them for any financial damage. Then don't complete the nordstream and then sue again because the other countries didn't comply with signed agreements. Then, state if they want any more gas, it's via LNG, and to use full Nordstream 1 pipeline.

    At that point EU will change their tunes.
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    Post  PhSt on Thu May 21, 2020 5:51 pm


    Russia needs to strongly protest this brazen sabotage by the EU (and the US). Russia needs to voice out loudly that such hostile actions will be met with a painful response. Meanwhile since the main directive to sabotage Nord Stream 2 came the the US, Russia will need to find ways to hurt American economic interests whenever possible. Russia cannot afford to take punches all the time, they should hit back hard where it hurts their enemies the most.
    miketheterrible
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    Post  miketheterrible on Thu May 21, 2020 6:01 pm

    PhSt wrote:
    Russia needs to strongly protest this brazen sabotage by the EU (and the US). Russia needs to voice out loudly that such hostile actions will be met with a painful response. Meanwhile since the main directive to sabotage Nord Stream 2 came the the US, Russia will need to find ways to hurt American economic interests whenever possible. Russia cannot afford to take punches all the time, they should hit back hard where it hurts their enemies the most.

    Russia wont do shit. They fucking suck at diplomacy. They should punish EU for pushing US bullshit. Punish them everytime US demands something they do. And Russia could afford to do it. But they pretend to think their good will is taken in good spirit because it sure as shit isn't.
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    Post  kvs on Thu May 21, 2020 7:10 pm



    Sorry, Mike, Russia will be doing shit.

    The above video covers the recent sanctions threats from Ted Cruz and the obvious sabotage of Turkstream by Bulgaria.

    There is something called overplaying of one's hand.   And that is what is happening now.   The attack on Russia's
    gas exports is hitting the terrorist level.   But what these twats don't understand is that the mood in Russia is
    shifting fast in the "wrong" direction.   No more talk about western partners and no more pussyfooting around using
    diplomatic language.  

    We already know what volumes of gas Russia is going to export through Banderastan.   This means that, thanks to
    the Power of Siberia, Russia will dial down gas transit to EU-tardia.  Let EU-tardia eat Qatari LNG for a few years:

    1) There is not enough infrastructure to switch over to LNG imports from pipe imports.

    2) LNG cannot be cheaper than piped gas over a sustained period.   Right now we have cheap LNG being
    offered to EU-tards because nobody is buying it.   When it becomes the only source, you can bet your
    last penny the price will sky-rocket.  Funny how capitalist EU-tards do not understand this.  They may actually
    not even have fully formed brains.

    3) Russia is never going to subsidize NATzO.  That is merely a pathetic delusion that NATzO has.

    Also, the gas demand has collapsed to the Covid-19 pandemic. So there is no hurry delivering on the pipeline
    capacity for full bore exports. Russia will take its sweet time and the losers who think they are so smart
    sabotaging Russian gas supply are going to be eating their shit out of their own asses by bending over
    backwards.

    miketheterrible
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    Post  miketheterrible on Thu May 21, 2020 7:47 pm

    I'll see it to believe it. Simply Russia caved into demands by EU over Ukraine and they still pulled a fast one on Russia. As they say, they speak with a forked tongue.
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    Post  Viktor on Thu May 21, 2020 7:51 pm

    So final verdict before its completion:)

    German regulator grants derogation from EU Gas Directive norms to Nord Stream 2

    "In line with the application, the derogation from the particular regulation applies to the pipeline section located on German territory (including German territorial waters) and is initially valid for 20 years, retroactively from the amended EnWG’s [Germany’s Energy Industry Act — TASS] entry into force on 12 December 2019," the company said. wrote:
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    Post  Hole on Thu May 21, 2020 9:49 pm

    Why should Russia do anything? The country is called mortal enemy of the west all the time by NATO/EU countries but still they buy oil, gas, electricity, fertilizer… even helicopters or rocket engines.

    The only thing I would do is show the world the hypocrisy of the western countries. The dumbasses in Washington invent new sanctions against Russia on a daily bases but excempt their own companies from implementing them if it hurts their interests. Russian officials should tell every day on TV how many money russian companies made by trading with this fools.
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    Post  kvs on Thu May 21, 2020 10:08 pm

    Viktor wrote:So final verdict before its completion:)

    German regulator grants derogation from EU Gas Directive norms to Nord Stream 2

    "In line with the application, the derogation from the particular regulation applies to the pipeline section located on German territory (including German territorial waters) and is initially valid for 20 years, retroactively from the amended EnWG’s [Germany’s Energy Industry Act — TASS] entry into force on 12 December 2019," the company said. wrote:

    Thank you for posting this. Unlike the propaganda SPAM from the other clown this is information gold. All the posturing kangaroo court
    BS is castrated before even the ink has a chance to dry on the "legal" documents.

    Hilarious and sweet. Reality is a bitch that no self-anointed master of the universe can handle.

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    Post  JohninMK on Fri May 22, 2020 1:13 am

    PapaDragon wrote:
    JohninMK wrote:This situation has already arisen on one of the Nordstream 1 pipes and when push came to shove the 100% capacity was allowed. So its a bit of a red herring, if the Germans or others need it they get it...

    And this here is what it all boils down to

    Germans have the pipe and when they want 100% capacity they get 100% capacity

    Manufacture heavy economy like theirs will either have the required energy or they will be left in the dust by competition (China) and they are not idiots to allow something like that

    Everything else (especially this EU regulations shtick) is just a dog and pony show for assorted East European povs

    Spice gas must flow


    And now with this decision by the Regulator, its all over but the shouting.

    KVS nailed it.
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    Post  Hole on Fri May 22, 2020 11:41 am

    Typical western behaviour. We won, because we say so.
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    Post  Hole on Fri May 22, 2020 4:56 pm

    Most famous pipe layer of the world in Mukran.

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    Post  owais.usmani on Fri May 22, 2020 8:04 pm

    owais.usmani wrote:https://www.kallanishenergy.com/2020/05/20/gazprom-makes-progress-on-new-russian-gas-lng-project/

    Gazprom makes progress on new Russian gas/LNG project




    Russian gas giant Gazprom is moving forward with a gas processing and liquefaction project, set to be the largest LNG plant in northwest Europe, Kallanish Energy reports.

    The integrated complex will be located near Ust-Luga, in the Leningrad region, northwest Russia. It will have a gas processing capacity of 45 billion cubic meters per year (Bcm/y) – the largest in Russia – and a liquefaction capacity of 13 million tonnes per annum (Mtpa).

    Gazprom said earlier this month it’s working on attracting project financing from both Russian and international credit institutions. It’s also currently clearing and preparing the site for construction works to begin.

    The complex will process ethane-containing gas supplied via gas pipelines from Gazprom’s deposits in the Nadym-Pur-Taz region. It will be operated by RusKhimAlyans – a 50-50 joint venture between Gazprom and RusGazDobycha.

    A gas chemical facility with capacity to produce 3 Mtpa of various polyethylene grades will be built by RusGazDobycha.

    Gazprom said the first trains will come on stream in the fourth quarter of 2023, second trains to be commissioned a year later.

    The Ust-Luga port, where this complex would be constructed (probably near the top left side):

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    Post  owais.usmani on Sun May 24, 2020 12:17 am

    https://oilprice.com/Geopolitics/International/Europes-Last-Dictatorship-On-Collision-Course-With-Russia.html

    Europe’s Last Dictatorship On Collision Course With Russia


    As much as Russia’s dealings with its neighbors are predominantly perceived as an exercise in brandishing the good old “energy weapon”, Moscow has been having a hard time with its neighbors ever since the collapse of the Soviet Union. Having incubated political elites that have based their personal wealth on the preferential conditions provided by Russian exporters of oil or gas, Russian authorities have been having a very difficult time in having the ‘near abroad’ (the term usually used for former Soviet Union nations) pay market prices. Ukraine is a splendid case in point of bilateral relations suddenly turning very sour, yet there might be another candidate in the makings, commonly known as the last dictatorship of Europe, Belarus. Heretofore Belarus had been a stable market outlet for Russian producers – its refineries are configured for Russian crude, one of them even co-owned by Gazprom Neft and Rosneft, moreover Belarus is part of the Eurasian Customs Union and thus qualified for duty-free oil trade. Yet the Russian tax maneuver – a set of measures created to maximize government revenue from domestic oil production, predominantly the country’s downstream utilizing the difference between USD-denominated world prices and RUB-denominated domestic prices – has changed all that. The gradual decrease of oil export duties, which will be lowered by 5% every year until the zero out in 2024, hits Belarus’ downstream sector directly as its discount to global prices, effectively a previous Russian cross-subsidy, starts to shrink.

    Against this background, 2020 brought about the perfect storm in the Belarussian-Russian relation. With Moscow becoming increasingly tired of President Lukashenko’s antics and according to rumors even seeking to have a more constructive partner in Minsk, the Belarussian President struck back by refusing to sign onto a new oil deal with Russia. Thus, from January 1 onwards Belarussian refineries that usually refine some 1.5 million tons of crude per month have been refining some 0.3-0.4 million tons per month instead. All the major Russian oil companies were absent from the Belarussian market as the January-March 2020 tally amounted to a mere 1.04 million tons, a 77% year-on-year decline. Threats to confiscate oil transiting to Europe, revisiting last year’s organic chloride contamination story – all of this has been well known to Russian policymakers, yet Belarus’ reaction to the ongoing crude dearth went significantly beyond previous cases.

    The past has seen several instances when Belarus bought seaborne cargoes from non-Russian buyers. President Lukashenko has had a brief romance with Venezuela in 2011-2012 which, however, wound down completely after the passing of Hugo Chavez. Then Iran was a personal favorite for a couple of years spearheaded by the Ahmadinejad initiative to produce Iranian cars in Belarus, Belarussian refiners even bought a cargo of Iranian in 2017. Yet this time the Lukashenko reaction seems different as it gradually evolves from a one-off tour de force into a conscious policy with the Belarussian President even declaring that he would want to limit Russian supplies to 30-40% of the total and that the rest would be provided via alternatives routes.

    Speaking of alternative routes, Belarus has exactly two. The first route is via the Lithuanian port of Klaipeda – with this, the Belarussian buyers would need to rail the crude as there is no functioning pipeline to link Lithuania and Belarus. There was a fully operational Mazeikai-Novopolotsk pipeline when Russian exporters still used the non-Russian Baltic branch, yet it had not been used since 2006 and despite a recent flurry of activity around it remains unusable. The second alternative route involves the Ukrainian route – the incoming vessel is to discharge at the main Ukrainian seaborne port of Odessa and using reverse flow on the Druzhba pipeline the crude is moved towards Belarus. This year’s seaborne deliveries have seen the usage of both, alternating in the function of the crude taken in.

    The first non-Russian cargo of this year was Johan Sverdrup in January, two cargoes thereof to be precise – this was not surprising in and of itself since the yield composition of Sverdrup is similar to that of Urals. The only major difference between the two lies in the Norwegian grade’s sulfur content because of which it is assumed to wield some premium over Urals, i.e. it is costlier to buy per se, not to speak of the rail transshipment. Then came Azeri cargoes delivered via Ukraine, IMO 2020-compliant with an even lower level of sulfur content, which seems a bit counterintuitive for landlocked Belarus that traditionally refined heavier barrels. The third piece of the diversification strategy – a cargo of Saudi crude through the Baltics, with the Belarussians availing themselves of depressed differentials.

    The apogee of the conflict, however, will come in Belarus buying its first-ever US cargo, reportedly an Aframax-worth of Bakken from United Energy Trading. The vessel, judging by early fixtures it would be NS Captain, would arrive in the 1st decade of June to Klaipeda in Lithuania and would be then moved via rail to the Novopolotsk Refinery. Coming after months of US courting of Belarus (including a Mike Pompeo visit and a forthcoming reinstatement of a diplomatic mission), this will be by far the lightest crude Belarus has ever taken. Further oddity to see Belarus buying US crude is that it happens in May 2020 of all times, when US crude exports to Europe have reached their lowest level since August 2017. All this takes place against the background of Moscow and Minsk already agreeing on the details of 2020 supplies – and one need not be a clairvoyant to predict the Russian response.
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    Post  miketheterrible on Sun May 24, 2020 12:26 am

    You know whats funny?
    Is that that small shipment of Oil (80,000 tons) to Belarus, Belarus signed an agreement on Russian oil supply much bigger:
    https://tass.com/economy/1157029

    Ah, the chicken little nonsense being spread. All the while Russia signs a large agreement, much larger than USA, with Belarus and Belarus is getting a bit of very expensive oil from USA. It was a bluff Russia called and Belarus folded after first signed agreement.

    Good on Russia. Now USA oil is collapsing and they cant compete with Russia or Saudi Arabia's prices.
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    Post  GarryB on Sun May 24, 2020 8:35 am

    Their pyramid scheme only works when you get cheap oil from Russia to sell on for a profit.

    Threatening to by US oil for a lot more money means you can't sell it on at a profit so there is no point because you never intended to use the oil yourself in the first place...
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    Post  owais.usmani on Mon May 25, 2020 7:28 pm

    http://publication.pravo.gov.ru/Document/View/0001202005250018?index=0&rangeSize=1

    Decree of the Government of the Russian Federation of 05.22.2020 No. 732 "On the introduction of a temporary ban on the import into the Russian Federation of certain types of fuel"
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    Post  owais.usmani on Tue May 26, 2020 3:22 pm

    https://freenews.live/why-hasnt-the-pipe-laying-akademik-chersky-started-building-nord-stream-2-yet/

    Why hasn’t the pipe-laying Akademik Chersky started building “Nord stream-2” yet?


    “Academik Chersky” still stands in Germany. And there are more and more questions about when Gazprom will start building “Nord stream-2.” Igor Yushkov, a leading analyst of the Federal national security service, shared his opinion on the start of the work.

    The question of when the construction of “Nord stream-2” will continue remains open. Buildings can bring new problems: construction work in its waters may be slowed down in July and August due to cod spawning. In this regard, the completion of the gas pipeline from Russia to Germany will likely begin in the fall.

    A leading analyst of the national energy security Fund (NSEF) Igor Yushkov shared his opinion on the continuation of the construction of “Nord stream-2”:

    “Gazprom expected to build it in the summer, because the sea is calmer in the summer, and the pipe-laying vessel Akademik Chersky can move at the maximum speed for itself. For this vessel, this is about 2 km per day of pipe lying. And I think that Gazprom conducted it to start work at the end of May or early June because we need to lay a little more than 100 km of the gas pipeline-about 40 km of one line and about 70 km of the other. If he works alone, he will need, in perfect condition at 2 km per day, two or three months to complete these works.”
    “I assume that Gazprom expects to work now, and not in the autumn when there will be more storms and work will be slower. Also, Gazprom should probably not delay this issue, because the longer the company does it, the more chances the US will have to come up with some new sanctions and complicate the work,” Yushkov said.

    The story of the tender

    It was also reported in the media that Gazprom canceled a tender aimed at ensuring risks associated with retrofitting the pipe-laying company Akademik Chersky after four months from its start. The Russian company extended the deadline ten times, the last one on May 21, with the announcement of results on May 25.
    “Gazprom Flot offered 3.2 million rubles for insurance of construction and installation risks during the work on the ship’s retrofitting, risks of damage to the boat due to errors and shortcomings made during the job, and liability to third parties for causing damage to the life, health, and property of third parties during the work. The tender documentation States: the insurance amount for jobs and ship equipment should be 728 million rubles, and for liability in the performance of shipbuilding works – 100 million rubles. The unconditional deductible was set at the level of 2 million rubles for each insured event,” the publication adds.
    Whether Chersky will be retrofitted or whether the insurer will be selected outside of open tender procedures is still unknown, because Gazprom, Yushkov stressed, refrains from commenting.
    Recall that the modernization of the Akademik Chersky was necessary for the vessel to be able to lay pipes of the diameter required for the “Nord stream–2.” Previously, the pipelayer worked with smaller canals in the construction of the Sakhalin–3 gas pipeline in the Sea of Okhotsk.
    “It is difficult to say what is happening there. Gazprom does not comment on anything. It is unclear whether the ship was upgraded in Nakhodka or not. There was a version that the tender was held retroactively. And it would be quite logical if all the work was done in Nakhodka because now it would probably be strange to go to some ports and carry out modernization,” the expert explained.
    “If you have traveled all over the world, have already come to the Baltic Sea, and then leave it under the pretext of modernizing it – it is quite stupid. And no fantastic modernization is required. The ship is currently performing somewhat routine repairs in Germany, yet it has come a very long way. And we can say that the German port of Mukran is the only one where it went after the Discovery,” Yushkov concluded.
    JohninMK
    JohninMK

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    Post  JohninMK on Thu May 28, 2020 5:19 pm

    Academik Chersky moved out of Mukran harbour this morning. She moved 5km is is now moored 2km offshore in the bay.

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