Finance

Novatek and Total want to speed up Arctic LNG-2

Yamal LNG will receive more lenient conditions for return of loans by extending terms of state guarantees from France.

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Fitch increases rating of Konstantin Zhevago’s Ferrexpo

International rating agency Fitch Ratings has improved a long-term issuer default rating of the British mining company Ferrexpo with assets in the Ukraine to the level of B+ from B, the outlook on

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Polymetal sells 100% in Khakanja.

The total amount of the transaction was $ 30 million.

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Nizhnekamskneftekhim to place bonds for 15 billion on December 20, 2018

Nizhnekamskneftekhim (NKNKh, a member of the TAIF group) successfully closed the book of applications for issuing exchange bonds in the amount of 15 billion rubles, the company said on Friday, Dece

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Bashneft’s net debt fell 2.5 times over a year

As of September 30, the net debt of Bashneft amounted to 40.1 billion rubles, which is 2.5 times lower than the figure as of September 30, 2017, it follows from the report of chairman of the of Bas

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Sberbank increases amount of loan for New Stream’s refinery to 29 bln rubles

Supply of oil to Antipinsky and Afipsky oil refineries has been resumed in full. Previously, both enterprises were forced to stop work because of lack of raw materials.

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Gazprom places bonds in yen for $574 million

Gazprom has placed bonds in yen in the amount of 65 billion yen (about $574 million), Denis Shulakov, first vice-president of Gazprombank, informed.

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Qatar buys from Eni 35% in a giant oil field in Mexico.

Qatar State Oil and Gas Company Qatar Petroleum (QP) had entered into an agreement with the Italian company Eni to acquire 35% in a project involving three offshore oil fields in the Gulf of Mexico

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Government of Tajikistan takes control of rising petrol and liquefied gas prices.

The Government of Tajikistan has decided to take control of a sharp and unreasonable increase in prices for the necessary social products, including fuel and lubricants (petrol, diesel oil and liqu

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Kolmar to attract 30 bln rubles in Yakutia in 2019

Kolmar expects to invest about 30 billion rubles in 2019 in the economy of the Republic of Sakha (Yakutia), said chairman of the Kolmar Group’s Board of Directors Anna Tsivileva at the busine

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