Russia

In H1, Russia increased LNG supplies to South Korea 1.5 times

In January-June 2018, Russia increased supply of liquefied natural gas (LNG) to South Korea 1.5 times compared to the same period of the previous year to 1.5 million tons, the Energy Ministry of th

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Severstal's long products plant invests more than 80 million rubles in overhaul

JSC Severstal - Balakovo Long Products Plant (part of the Severstal Russian Steel division) completed a planned overhaul of the main and auxiliary equipment.

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Kazanorgsintez increases export of polycarbonates by 2.5 times in Q1-Q3

Polycarbonate imports to the Russian market decreased by 5% over the first three quarters of the current year. Exports, on the contrary, more than doubled.

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In the first three quarters, Susumanzoloto’s profit grew by 23%

Susumansky mining and processing plant Susumanzoloto has published its financial report under RAS for the first nine months of 2018.

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Export duty on pure LPG fractions to decrease by more than 2.5 times in December

In December the export duty on pure fractions of liquefied petroleum gases (LPG)  will be $8.8 per ton. In November, exports are carried out at a duty rate of $23.6 per ton.

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November extraction in Russia so far is lower than in October

In November, the daily oil production in the Russian Federation is still lower than in October by 20 thousand barrels.

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Gazprom reports that Minsk violates gas contract

In the third quarter of 2018, Belarus violated its contractual obligations to Gazprom, as didn’t pay for gas supplied from Russia.

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In the first 9 months, Inter RAO UES’ net profit grew by 34%

In the first 9 months of 2018, the net profit of the Inter RAO UES Group under IAS increased by 34% and amounted to 55.687 billion.

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Evraz to pay $360.8 million of dividends

The mining and metallurgical company Evraz will spend $360.8 million for the payment of interim dividends, it follows from the materials of the company.

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Milliyet: Turkish Stream to provide Ankara with gas security.

The construction of the offshore section of the Turkish Stream gas pipeline will end on November 19 with a solemn ceremony in Istanbul with the participation of the presidents of Russia and Turkey,

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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