Russia

Total to buy 10% in Novatek's LNG terminals

The French Total plans to purchase 10% in the transshipment points of liquefied natural gas, which Novatek will build in Murmansk and in Kamchatka.

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Petropavlovsk wants to sell its iron ore subsidiary IRC

Gazprombank is looking for a strategic investor gold-mining company Petropavlovsk, which will be able to buy a share of the company in IRC, the largest shareholder of Petropavlovsk Kenes Rakishev,

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Sakhalin Energy reduces LNG production by 0.7% in 2018

Sakhalin Energy, the operator of the Sakhalin-2 project, produced 11.41 million tons of liquefied natural gas (LNG) in 2018, the company said in a statement.

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In 2018, Russia’s income from Sakhalin-2 activity grew by 43%

In 2018, income of the Russian Federation from the activities of the Sakhalin-2 project increased by 43% to $2.528 billion, it follows from the Sakhalin Energy’s report on sustainable develop

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Orsu estimates resources of Sergeevsky at 1.2 million ounces of gold

The British corporation Orsu Metals has published the results of the first assessment of the Sergeyevsky project, which is located in the Mogochinsky district of the Trans-Baikal Territory.

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Mass media has got to know about possible acceleration of Gazprom’s supplies to Hungary

Hungary is negotiating with Gazprom on supply of part of gas for 2020 this year, since prospects for future transit of Russian gas through the Ukraine remain unclear, the Hungarian agency MTI repor

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Gazprom and Saipem conclude settlement agreement

The parties settled a dispute related to the contract on the South Stream pipe.

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Companies’ investments in geological exploration in Komi to be 5.5 bln rubles in 2019

In 2019, capital investments of subsoil users in geological exploration in the Komi Republic will amount to about 5.5 billion rubles, which is comparable to last year.

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ALROSA's EBITDA margin to decline in Q1

In the first quarter of 2019, ALROSA increased diamond production by 5% year on year to 7.8 million carats. This was reported by the company.

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UGMK-Steel expands product range

2018 was quite positive for UGMK-Steel. "We produced over 1.1 million tons of steel, registering an increase in sales of rolled metal at both plants.

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