Russia

Gazprom develops new dividend policy

By the end of this year, Gazprom plans to develop a new dividend policy that will allow it to reach level of dividend payment, required by the Government, by 2022.

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SOCAR develops new route for delivery of polyethylene to Russian market

SOCAR (the State Oil Company of Azerbaijan) plans to start deliveries of low-pressure polyethylene (HDPE) produced at SOCAR Polymer to Russia in June 2019.

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ChTPZ pipes are used for technical re-equipment of NLMK

The products of the Chelyabinsk Pipe Rolling and Pervouralsk Novotrubny Plants (enterprises of the ChTPZ Group) will be used in a large-scale reconstruction of the blast furnace of the Novolipetsk

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Evraz wants to buy asset from a British steel producer

The mining company Evraz, 28.77% of which is controlled by businessman Roman Abramovich, may be interested in acquiring an asset of the second largest steel producer in the UK - British Steel.

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Zarubezhneft to engage in renewable energy

The company became interested in projects in the field of solar energy. 

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Khiagda intends to increase production in 2019

Khiagda (part of management circuit of uranium holding company ARMZ) plans to reach designated volumes of uranium production in 2019.

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Gazprom prepares new placement of bonds in yen

Gazprom plans to place bonds in yen in late 2019 - early 2020, deputy chairman of Gazprom's Management Board Famil Sadygov said at the press conference.

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Novoportovskoye field produces 20 million tons of oil

From the beginning of the year, oil production at the Novoprotovskoye field averaged 21,000 tons per day. Compared with last year, this figure increased by 17%.

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Lukoil to produce up to 16 billion cubic meters of gas per year in Uzbekistan

Lukoil plans to produce up to 16 billion cubic meters of gas per year in Uzbekistan. The company states that it is possible to produce even more than the declared volume.

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Shell names reason for quitting Baltic LNG project with Gazprom

The company does not share the views of Gazprom on the development of the project, because it gas chemistry was added there.

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