Gazprom beats Novatek in Arctic licence contest
Apr 5, 2021 6:55:am
Summary
by: NGW
Posted in:
Gazprom beats Novatek in Arctic licence contest
Russian state gas supplier Gazprom has acquired a licence to explore the Vostochno-Bovanenkovsky gas block on the Arctic Yamal Peninsula, after outbidding rival Novatek in a contest, Russia s natural resources ministry reported on March 30.
Gazprom spent 386mn rubles ($5mn) to acquire rights to the 3,200-km
2 area, which lies adjacent to the Bovanenkovskoye field, one of the company s largest sources of gas production. The block holds some 19.2bn m
3 of gas in C1+C2 resources. Vostochno-Bovanenkovsky is also situated next to the Verkhnetiuteyskoye and Zapadno-Seyakhinskoye fields, operated by Novatek subsidiary Obsky LNG.
Dutch GasTerra Revenues Drop
Summary
by: William Powell
Dutch gas marketer GasTerra s revenues plunged 38% to €5.5bn last year, down from €8.8bn in 2019, it said in a February 19 statement. But the volume it traded fell by a just 10bn m³ to 41.6bn m³ despit.
Posted in:
The fact that Gujarat Gas recorded a double-digit volume growth despite raising prices shows that it has started commanding pricing power among industrial clients.
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Gas Block Type: Low-profile
Receiver Material: Forged 7075 T6 Aluminum
Receiver Type: A3
Handguard Type: PMA 13.5″ MLOK Rail
Barrel: PMA 16″ 4150V Chrome Moly Vanadium steel, phosphate treated for durability and accuracy, and chambered in 5.56 NATO with a 1 in 8″ twist. Each barrel is dimpled to ensure perfect gas block alignment and durability under stress. Our nitrided steel low profile gas blocks are then installed using locktite 271 and finished with a PMA A2 Flash Hider.
Handguard: PMA 13.5” M-LOK Rail. Manufactured from 6061-T6 aluminum extrusions right here in the USA. They are then anodized to match the uppers.
Upper: PMA Forged 7075-T6 A3 AR upper receiver is made to meet MILSPECs and finished in hard coat type III anodized black for durability. These uppers are made for us right here in the USA.