Finance

Russian Finance Ministry: Oil export duty to increase by $1.3 to $78.5 per ton from February 1

From February 1, 2020, export duty on oil in Russia will be $78.5 per ton, as it follows from the materials on the website of the Russian Ministry of Finance. Currently, it is $77.2 per ton.

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Russia's revenues from oil and gas exports have declined markedly

In January-November 2019, Russia's revenues from natural gas exports decreased by 15.4% compared to the same period in 2018.

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Gazprom's revenues from gas exports fell by 15%

In January-November 2019, the Gazprom's revenues from gas exports decreased by 15.4% compared to the same period in 2018 and amounted to $37.74 billion, as it follows from the materials of the

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Rosgeologiya asks for money from National Welfare Fund to strengthen exploration

State spending on geological exploration needs must be increased, Rosgeologiya believes.

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MMK: hopes for domestic demand

In 2019, shares of metallurgical companies lagged behind the stock market, which took new records.

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Belarus tries to increase revenues from Russian oil in any way

Against the background of accumulated economic disagreements with Russia, Belarus has introduced an environmental tax on transit of oil and petroleum products on its territory.

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Turkmenistan plans to attract a loan from Saudi Development Fund for construction of TAPI

Turkmenistan plans to attract a loan from the Saudi Development Fund for construction of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline (TAPI).

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Seligdar's net profit decreased 6.8 times for the three quarters of 2019

In January-September 2019, the revenue of Seligdar increased by 56.1% to 16.7 billion rubles.

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Fosagro buys Eurobonds for $150 million and places new securities

Fosagro will hold a series of meetings with investors in London, Boston and New York from January 13 to 14, 2020, a market source reports.

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MMK’s shareholders approve dividends for the first 9 months of 2019

During the extraordinary general meeting, MMK’s shareholders approved payment of dividends for the first 9 months of the reporting 2019 year on MMK’s ordinary shares in the amount of 1.

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