Metals and mining, Oil and Gas

16.2 bln rubles to be spent on exploration of Far Eastern territories

By 2020, 16.2 billion rubles will be spent on the reproduction of the mineral resource base and geological study of the depths of the Far East.

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OMK bets on oil companies: the company to risk 40 billion roubles.

OMK Anatoly Sedykh has embarked on a comprehensive upgrade of the Vyksa Metallurgical Plant (VMP), which is estimated at 40 billion roubles until 2022.

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Ferrous metals transshipment via Novorossiysk fell by 7%

In Q1 2017 cargo turnover of the Novorossiysk Sea Trade Port group made up 37.3 mln tons, by 0.7% higher than in Q1 2016.

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In January-March, gas production in Russia grew by 8.2% to 161 bln cubic meters

In January-March 2017, the extraction of natural gas in Russia increased by 8.2% to 161 billion cubic meters. This is reported by the Federal State Statistics Service.

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In January-February, import of pipes from the CIS countries grew by 51%

In January-February 2017, the share of metals and products from them in the commodity structure of the import from the non-CIS countries amounted to 5.4% (in January-February 2016 it was 5.6%).

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Port of Vladivostok provides for transshipment of sheet steel for Yamal LNG

Vladivostok Commercial Sea Port has completed the transshipment and shipment of three ship lots of sheet steel from South Korea.

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Striking ship repair system, or against whom are the sanctions?

The ship repair plants in the Ukraine may remain without profitable orders and miss the foreign exchange earnings, which will affect the salaries and deductions to the treasury.

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Izhneftemash extends cooperation with Surgutneftegaz

During this year, the Izhevsk enterprise of Rimera will ship large quantities of tubing couplings of pumping and compression pipe of various sizes to the address of Surgutneftegaz.

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Gazprom and OMK discuss prospects of cooperation development

Today, a working meeting between chairman of the Gazprom’s Board Alexei Miller and chairman of the United Metallurgical Company’s Board (OMK) Anatoly Sedykh was held in Moscow.

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Rosneft and Alrosa are the first companies that directly come to currency market of Moscow exchange

Rosneft and Alrosa have become the first companies that entered the foreign currency market of the Moscow stock exchange, chairman of the trading floor Alexander Afanasyev reported at the exchange

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