11:49 [TASS] (E)
Ukrtransnafta and Transneft have entered into a 10-year agreement to provide oil transit services across Ukraine, Ukrtransnafta said on Facebook.
13:03 [Oilprice.com] (E)
First oil from the field in the Yamal Peninsula has been sent via an oil pipeline, Rosneft said in a statement, adding that it hopes to deliver up 10 million tons of oil per year, or 200,000 bpd, from the field. Rosneft has delayed the launch of the field due to Russia’s commitment to restrict oil production as part of the pact with OPEC to rebalance the market.
20:42 [TASS] (E)
The contract signed in 1996 stipulates deliveries of about 10 bln cubic meters of natural gas to Poland annually. Gazprom Export received a notice from Poland’s PGNiG regarding the intention not to extend the gas supply contract effective by December 31, 2022, the company told reporters on Friday. "Terms of the contract provide an option of sending such notice. Gazprom Export continues gas supplies in line with the effective contract," Gazprom’s export subsidiary says.
20:40 [TASS] (E)
The European Commission wishes Kiev to buy Russian gas in the amount of around 15 bln cubic meters per year, according to a source. The European Commission (EC) has recommended direct purchases of the Russian gas totaling around 15 bln cubic meters per year to Ukraine to reduce expensive reverse supplies, a source in the EU’s institutions close to trilateral gas talks told TASS on Tuesday.
17:22 [Press TV] (E)
The remarks came shortly after Turkish media reported that two new American military bases are under construction in Syria’s oil-rich northeastern province of Dayr al-Zawr. Also on Tuesday, Syrian government forces reportedly entered an oilfield in the country’s northeastern province of Hasakah, as they continue to deploy in areas close to the border with Turkey in the face of a cross-border incursion by Turkish army troops and their allied militants against militants from the Kurdish People`s Protection Units (YPG). Several media outlets reported on Tuesday that Syrian army troops had gone into the Rumailan oilfield, located near the village of Mulla Abbas, “for the first time in years.”
7:17 [TASS] (E)
To date, Nord Stream 2 has been built by more than 80% and the commissioning is scheduled for the end of 2019. The Danish Energy Agency has granted a permit to Nord Stream 2 AG to construct a section of the Nord Stream 2 natural gas pipeline southeast of the island of Bornholm in the Baltic Sea, the agency said in a press release on Wednesday. "The Danish Energy Agency has granted a permit to Nord Stream 2 AG to construct a section of the Nord Stream 2 natural gas pipelines on the Danish continental shelf southeast of Bornholm in the Baltic Sea," according to the press release.
13:08 [Press TV] (E)
Pentagon chief Mark Esper has confirmed that keeping some US troops in parts of northeastern Syria near oilfields is being discussed, but no decision has been made.
20:34 [Zero Hedge] (E)
Macroeconomic headwinds are developing across the world. At least 90% of all countries are experiencing a slowdown in growth that has stumped central bankers and policymakers. No one at the moment can figure out how to restart the global economy. With the risk of a worldwide trade recession soaring for 2020, if not has already arrived, consumers are pulling back on spending, which has contributed to a collapse in the global diamond industry, something that we`ve been documenting this year. The latest stress in the global diamond industry is emanating from Israel. Ynetnews is saying the country`s diamond exports have plunged 22%, a sign that consumer demand from Asia is faltering.
14:59 [Press TV] (E)
“I never believed that with this attack half of the oil production of Saudi Arabia was made unavailable,” Zangeneh said Wednesday upon arrival in Moscow for a meeting of the Gas Exporting Countries Forum (GECF).