Rosneft, Metals and mining

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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Rosneft to take science under control: the company to receive shares of profile design institutes.

Rosneft has obtained eight scientific and design organizations from Rosneftegaz, for which it is the main customer.

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Izhora pipe plant to supply pipes to Rosneft

The Izhora pipe plant (a part of Severstal) has won a tender to supply large-diameter pipes to Rosneft.

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“Rosneft” and UMMC establish JV on steel production for dock yard “Zvezda”

UMMC will have 75% of participation share in JV, “Rosneft” – 25%

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TMK-KPW supplies pipes to Rosneft

TMK-CPW, which is a joint venture of Pipe metallurgical company (TMK) and the Greek company Corinth Pipeworks, has manufactured and shipped to Rosneft a batch of electric-welded longitudinal pipes

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"Rosneft" attracts 1.5 trillion roubles for foreign investment projects in the Far East.

"Rosneft" had attracted more than 1.5 trillion roubles foreign investments into its projects in the Far East of Russia, CEO Igor Sechin stated at the launching ceremony of the first stage

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Metalloinvest denied the plans of participation in Rosneft’s privatization

​Metalloinvest denied the information of a possible participation of its owner, A. Usmanov, in Rosneft’s privatization.
This information is false. Last week Znak.com reported referring to an anonymous source of a possible participation of A. Usmanov in the privatization of Rosneft.

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Gazprom’s statements make troubles for NLMK

As the Kommersant has found, following Rosneft and Gazprom metallurgical companies have asked not to disclose publicly information. NLMK complained Dmitry Medvedev on the statements of Gazprom that the price of gas in Russia was underestimated and subsidized economy. This, says the owner of NLMK Vladimir Lisin, became an argument for the introduction of US countervailing duties. The Government examines the situation. Gazprom officially promises to continue publishing "objective pricing picture", but most of the statements that caused the Mr. Lisin’s dissatisfaction, disappeared from the monopoly’s website.
Chairman of the NLMK’s Board and owner of the companyVladimir Lisin applied to the Prime Minister Dmitry Medvedev in mid-May with a request to assist in the "exclusion of information about subsidizing the Russian industry, non-market or low gas price level from all public sources". As the letter noted, from 2015 "a new tool of trade combat" is applied against Russian exporters - countervailing investigation, by results of which duties are set on the basis of evidence of state subsidies, received by the exporter.

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In the first 5 months, freight turnover of Transneft’s terminals exceeded 56 mln tons

In January-May 2016, the freight turnover of Transneft’s marine terminals, which accounts for up to 19.7% (-0.1 percentage point) of the aggregate turnover of the Russian ports, amounted to 56.32 million tons (+ 5.5% compared to January-May 2015).
In particular, according to the Association of Sea Trading Ports of the Russian Federation, on the basis of which the TASS prepared the rating, in the reporting period, the freight turnover of Transneft - Port Kozmino increased by 3.4% to 13.14 million tons, Neva Pipeline Company - by 6.3% to 12.11 million tons.

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