ВР and CNPC to open shale gas production in China
On March 31, 2016, ВР and CNPC signed an agreement for exploration, development and production of shale gas in Sichuan oil and gas basin in China. Neftegaz.ru learned about the news on March 31, 2016.
It is anticipated that the two companies will cooperate in the field of development and production of shale gas at Neijiang-Dazu block of Sichuan Basin.
CNPC will act as project operator..
In 2016, Gazprom plans to invest around 1.2 bn rubles in Samara Region
In 2011-2015, Gazprom's capital investments in Samara Region amounted to 10.8 bn rubles. Cooperation aspects were discussed on March 31, 2016 by Samara Region Governor N. Merkushkin and Gazprom Board Chairman A. Miller.
Rosneft plans by 2020 to take the lead among independent gas producers, delivering 100 bn m3 of gas per year
In 2016, Rosneft plans to increase gas production by 3.6% to 64.8 bn m3. The news was shared on March 31, 2016 during a telephone conference by Rosneft Vice President and Gas Business Development Department Director V. Rusakova. According to V. Rusakova, in 2016 Rosneft intends to produce 64.8 bn m3 of gas. Rosneft's contracted volumes alone amount to around 63 bn m3.