RAO UES

Rosneft and Gazprom outline projects in Laos

"In the energy sector, Rosneft is interested in supplies of petroleum products in Laos.

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Inter RAO UES increases its EBITDA forecast for 2016 by 7.6%

Inter RAO UES has increased its EBITDA forecast for 2016 by 7.6% to at keast 85 billion rubles, the company’s Board member - head of financial and economic center of Inter RAO UES Dmitry Polu

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In H1, net profit of Inter RAO UES under IAS grew three times

In January-June, Inter RAO UES made the net profit under IAS in the amount of 61.97 billion rubles against the profit in the amount of 19.7 billion rubles in the previous year, this follows from th

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Inter RAO UES sells its Georgian asset Mrkvari Energetika for $13.6 mln

Inter RAO UES has sold its Georgian asset Mtkvari Energetika for $13.6 million (899 million rubles), this follows from the company’s statements under IAS.

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In the first 7 months, electricity consumption in Integrated Power Systems of Siberia grew by 2.1%

According to operative data of the SO UES’ branch United Dispatching Office of power systems of Siberia (ODE Siberia), in July of the current year, the electricity consumption in the united p

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UC Rusal can get the Siberian GES from O. Deripaska

Deripaska’s En+ can unite UC Rusal and Eurosibenergo, Vedomosti informs referring to 2 persons close to different shareholders of UC Rusal and the bank staff crediting the metal company.

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Inter RAO UES reduces its share in Mosenergosbyt to 86.2%

Inter RAO UES is reducing its stake in the capital of  Mosenergosbyt in connection with the termination of the issuer's right to dispose of a certain number of votes, attached to the voting shares. This was reported by Inter RAO UES.

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Gazprom reduced gas production by 2.3% in Jan-May

“Gazprom” reduced gas production by 2.3% to 175.5 billion cubic meters in January-May 2016 year-on-year. It is stated in the materials of the Ministry of Economic Development of Russia citing the data of the Ministry of Energy.

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Hot weather forces Kiev to technical assistance import from Russia

The Ukraine has asked Russia to supply 600 MW of electricity in technical assistance mode. The reason was a sharp jump in the consumption because of the hot weather against the background of the repair of 5.5 GW of nuclear and thermal power plants and the stop of coal plants after termination of fuel supplies from the Donbas. According to the Kommersant’s information, "emergency imports" is by about a third more expensive than the commercial shipments. Last July, in a similar situation Kiev was forced to return to the commercial contract with Inter RAO UES, but now it has no such possibility: the parties didn’t renew the contract for 2016.
The Ukraine has been forced to return to the import of electricity from Russia. As the Interfax reported on Friday, referred to its sources, Kiev asked the Russian Federation to supply 600 MW of electricity in the framework of the technical assistance mode. System Operator UES (manager of the Unified Energy System of Russia) confirmed this to the Kommersant, added that 600 MW is the maximum amount of the supply in the mode of the technical assistance. System Operator doesn’t call duration of the supply and the price of electricity (according to the Kommersant’s information, for a while, it could be a few days). The Kommersant’s source specifies that the last time the Ukraine carried out the electricity export in this mode "about a year ago". The Ukraine bought electricity because of the lack of coal for thermal power plants last July. Inter RAO UES (operator of the electricity export and import in the Russian Federation) declined to comment.

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