Russia's Sakhalin-1 to Raise Sokol Crude Oil Exports

Posted by Michelle Howard
Wednesday, October 3, 2018

Russia's Sakhalin-1 plans to raise Sokol crude oil exports by 0.2 million tonnes per month to 1.3 million tonnes per month from October, loading schedules seen by Reuters show.

Sokol crude oil loadings for October-December this year are planned at 1.3 million tonnes per month, up from the 1.1 million tonnes planned previously, the schedules show.

Earlier this year Sakhalin-1 was asked by Russian authorities to drop a plan to hike production to 250,000 bpd.

Last week India's ONGC Videsh's managing director said that Sakhalin-1 output is up to 250,000 bpd. ONGC Videsh is a part of the Sakhalin-1 consortium.

Reporting by Olga Yagova

Categories: Shale Oil & Gas

Related Stories

Mermaid Maritime Expands Into US Offshore Market

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Oil Eases After Topping $100, Still Set for Weekly Rise

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

Current News

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com