Russia

Alrosa tests mechanism of settlements in rubles under contracts with foreign clients

Alrosa has tested mechanism of settlements with foreign clients in the Russian currency. As an experiment, corresponding transactions were conducted with clients from China and India.

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In H1, Susumanzoloto increased its net profit to 935 mln rubles

In January-June 2018, Susumanzoloto earned 5.374 billion. This is by 11 % more than in the same period of the previous year.

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Belarus doesn’t fear limitation of supplies from Russia

Belarus has stated that there is no threat of limitation of Russian oil products supply.

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Rosgeologiya to localize resources of Komsomolskaya area

By 2019, Central production and geological association (part of Rosgeologiya) will localizes P3 resources of gold, copper and other minerals at the Komsomolskaya area in the Khabarovsk region, it f

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Russian oil companies to have to supply 1/6 of produced oil to Russian refineries?

Three Russian Ministries are analyzing a proposal to oblige oil companies to supply a certain amount of raw materials to Russian refineries.

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From September 1, 2018, duty on oil export from Russia to fall to $130 per ton

From September 1, 2018, export duty on oil in Russia will make up $130.0 per ton, decreasing by $5.4 per ton compared to $135.4 per ton in August.

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NLMK stabilizes work taking into account seasonal fluctuations of steel demand

Installation of basic equipment has been completed in the hot rolling workshop of the Novolipetsk metallurgical plant (NLMK) with the aim of expanding areas of product shipment.

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In the first 6 months, Gazprom’s profit grew 16 times to 284 bln rubles

In the first six months of the year, the Gazprom's profit under RAS increased 16 times compared to the same period in 2017 to 284.093 billion rubles.

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Nord Stream-2 receives all permits in Russia

Nord Stream 2 AG has received all permits necessary for construction of the Nord Stream-2 gas pipeline in Russia. This is stated in the message of the company, published on Tuesday.

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Tariffs for gas transportation within EEU discussed currently, proposals to be ready by October

Proposals on tariffs for gas transportation on the common gas market of the EEU will be prepared by October this year, director of the Energy Department of the Eurasian Economic Commission (EEC) Le

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