Rosneft President and Chairman of the Management Board Igor Sechin and President and CEO of Statoil Helge Lund today signed a Declaration on Protection of the Environment and Biodiversity for Oil and Gas Exploration and Development on the Russian Arctic Continental Shelf.
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Paolo Scaroni, Chief Executive Officer of Eni.
   The meeting focused on the progress with the South Stream gas pipeline construction project. The parties discussed the issues of preparation for the Final Investment Decision to be made by the joint project company in relation to the offshore gas pipeline section.
Rosneft and INTER RAO UES have concluded a contract on the supply of up to 875 billion cubic metres of gas. The contract envisages annual supplies of up to 35 bcm of Rosneft-produced gas to the power plants of INTER RAO – Electric Power Plants (or any other INTER RAO UES power plants) beginning on 1 January 2016 and running through 31 December 2040 on a take-or-pay basis. 32.3 bcm of gas is to be supplied in 2016.
Rosneft confirms that BP, in connection with the sale of its interest in TNK-BP to Rosneft, has waived its right to negotiate in good faith to purchase the AAR consortium’s stake in TNK-BP.
Rosneft today announces that it has entered into an agreement in principle with BP to acquire its 50% interest in TNK-BP in exchange for $17.1 billion in cash and 12.84% Rosneft shares currently held in treasury.

In connection with the proposed transaction, BP has offered to purchase from Rosneft’s parent, Rosneftegaz, at a price of $8.00 per share, an additional 600 million Rosneft shares, representing a 5.66% stake in Rosneft. Rosneftegaz has until 3 December 2012 to accept this offer.
The Gazprom Board of Directors meeting is underway. Taking part in the meeting are Elvira Nabiullina, Aide to the President of the Russian Federation, and Pavel Fyodorov, Deputy Energy Minister of Russian Federation. The Board of Directors considered the information on the long-term gas production and consumption scenarios, as well as the measures on increasing Gazprom's LNG  production and supplies to the domestic and foreign markets.
A festive ceremony dedicated to commissioning the second string of the Nord Stream gas pipeline took place today in the Portovaya Bay, the Baltic coast of Russia.
Gazprom Neft has completed a tender for the design, supply of equipment and materials, construction and commissioning of an Arctic terminal for all year round shipping of oil from its Novoportovskoye field. OAO Stroytransgaz Open a new window was named the winner on the basis of price, delivery time and ongoing support..
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Sergey Frank, Director General of Sovcomflot.

The parties addressed cooperation issues, including the arrangement of hydrocarbons transportation via the Northern Sea Route (NSR).
The first oil production has started at the Junin-6 block in the Orinoco River basin in Venezuela. The giant Junin-6 oil field, which has geological reserves of over 50 billion barrels of oil, will be developed on a parity basis by a consortium of five major Russian oil companies: Gazprom Neft, LUKOIL, Rosneft, Surgutneftegaz and TNK-BP through OOO National Oil Consortium (NOC).
The Gazprom delegation headed by Alexander Medvedev, Deputy Chairman of the Company's Management Committee is taking part in the 16th International Conference “Sakhalin Oil and Gas 2012”.

At the keynote session Alexander Medvedev delivered a speech about Gazprom's strategy in Asia.
September 21, 2012, 17:10

Today in the XI International Investment Forum “Sochi – 2012” in the presence of Dmitry Medvedev, Prime Minister of the Russian Federation Alexey Miller, Chairman of the Gazprom Management Committee and Igor Sechin, President, Chairman of the Rosneft Management Committee signed the Cooperation Agreement on the joint pre-development of offshore hydrocarbon fields.
The first Industry Workshop for Logistics & Transport within the national strategic project; Russian - Norwegian Oil & Gas Industry Cooperation in the High North (RU-NO Barents Project) will take place in Norway, Kirkenes in October 25, 2012. The second Industry Workshop for Logistics & Transport will take place in Russia, Murmansk in December 4, 2012. The RU-NO Barents Project will assess the gap between the technology currently available and the technology needed for extracting oil and gas resources in the Barents, Pechora and Kara Seas in an environmentally sound and safe way. Once concluded, the Project will show where there is a need for innovation and further technological development.
Today in Vladivostok during the APEC Summit, Alexey Miller, Chairman of the Gazprom Management Committee and Ichiro Takahara, Director General of the Agency for Natural Resources and Energy under the Japanese Ministry of Economy, Trade and Industry held negotiations and signed a Memorandum on the Vladivostok-LNG project in the presence of Russian President Vladimir Putin and Japanese Prime Minister Yoshihiko Noda.
Russian Maritime Register of Shipping (RS) and GTT have entered into a Cooperation Agreement on September 5th 2012 in order to further enhance their common capabilities in the field of LNG Carriers in various environments.

Association of Suppliers for Oil and Gas Industry Murmanshelf has the honour to invite you to participate in the V International Conference «ARCTIC SHELF DEVELOPMENT: STEP BY STEP». The Conference will take place in Murmansk on the 20th – 21st of November, 2012 under support of Government of the Murmansk Region and Murmansk Regional Duma.

Date: 24th- 27th September 2012
Venue: Yuzhno-Sakhalinsk, Russia
Organisers: Adam Smith Conferences with support of Government of Sakhalin Region
A meeting between Andrey Kruglov, Deputy Chairman of the Management Committee – Head of the Finance and Economics Department of Gazprom, and James Dimon, Chairman of the Board and CEO of JPMorgan Chase & Co. took place today in New York.
Rosneft and Statoil have today signed documents aimed at implementing a cooperation agreement concluded on May 5, 2012. The agreements lay out the terms of joint bidding for licenses in the Norwegian section of the Barents Sea and provide for joint technical evaluation and subsequent development of tight oil resources in Russia.
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