Shiveluch volcano in Russia’s Far East spews ash to 11 km in airWorld December 10, 5:28
Ceasefire agreements enter into force near Damascus, in Idlib province ― mediaWorld December 10, 4:18
Russian pair Tarasova/Morozov win final of ISU Grand Prix of Figure Skating in MarseillesSport December 10, 4:00
Matviyenko to visit UAE to participate in Forum of Women Speakers of ParliamentRussian Politics & Diplomacy December 10, 3:21
Doping samples of all athletes from past three Olympics should be re-analyzed ― lawmakerSport December 10, 2:01
Russia’s figure skater Medvedeva leads with world record after SP at Grand Prix finalsSport December 10, 1:28
Russian energy minister expects OPEC, non member countries to sign agreement on oil outputBusiness & Economy December 10, 0:46
40 ceasefire violations reported in Syria in past day ― Russian reconciliation centerWorld December 10, 0:02
Russia open for cooperation with IOC, WADA ― ROC presidentSport December 09, 23:44
“One pipeline line with a capacity of 3 million barrels per day will cost around $1 billion-850 million,” Alekperov said.
The contract to develop the field includes the construction of two 120 kilometer lines of the Tuba-Fao pipeline, which will link the Tuba tank farm with the country’s major export hub Fao located on the Persian Gulf.
The company also plans to create a joint venture with gas giant Gazprom for the development of the Medvezhye field in the shelf of the Barents Sea by the end of this year.
“We have defined the concrete project, it is the Medvezhye block, on which development we have a cooperation agreement with Gazprom. The agreement is signed. The talks on establishing a joint venture are going on. I hope it will be established by the end of this year,” Alekperov said.