Russia

Gazprom plans to purchase 5 bln cubic m of gas from Uzbekistan in 2017

Gazprom plans to purchase 5 bln cubic m of gas from Uzbekistan in 2017 and holds consultations on the signing of a mid-term contract for the purchase of Uzbek gas.

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Annual profit of metallurgical plant Electrostal increases by 23%

In 2016, metallurgical plant Electrostal (Moscow region) increased the level of the net profit by 23%.

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Profit of Eurasia drilling fell by 31.9% to 7.41 bln roubles in 2016

The net profit of the Russian affiliate of Eurasia Drilling – Eurasia in 2016 fell by 31.9% and made up 7.41 bln roubles, is said in the company’s report under RAS.

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Rosnedra expects the growth of oil and gas reserves to over 600 mln tons in 2017

On the results of 2017 Rosnedra expects the growth of oil and gas reserves to exceed 600 mln tons, the head of the agency, E. Kiselev, said.

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Gazprom signs memorandum on cooperation with NIOC

Gazprom has signed a memorandum with the National Iranian Oil Company (NIOC) on cooperation in the gas sector, the RNS’ correspondent reports after the meeting between the Russian President V

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NLMK-Kaluga has produced the 4-th million ton of steel

The electric metallurgical plant of new generation NLMK-Kaluga (in the division of Sort-Russia of NLMK group) – the largest in the Central Russia producer of steel rolled products of construc

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Export of aluminum increases and rises in price

In January of this year, the export of raw aluminum from Russia increased by 1.1% compared to the same month in 2016, amounted to 237.3 thousand tons, the Federal Customs Service reports.

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Russia finally completes the coordination of two export credits for Iran. The issuance of money is not far off.

Russia has successfully completed all legal agreements to provide Iran with 2 state export credits for the implementation of major investment projects, Vladimir Putin told about it after the meetin

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Petrol prices on commodity exchange grow against the background of fall in Ufa refinery’s production

Exchange prices for petrol have reached this year's highs after a week of active growth: AI-95 on the SPMMEX rose in price to 41.2 thousand rubles per ton, AI-92 - to 40 thousand rubles (+about

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The Ministry of Finance does not exclude the possibility of abolishing the export duty on oil.

The Ministry of Finance considers the abolition of the export duty on oil to be correct, but is ready to discuss this only from 2019-2020, the head of the department of tax and customs policy of th

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