Russia Metals and Mining, Petrol
Gazprom’s head A. Miller and heads of OMK, TMK and ChTPZ signed memorandums in the sphere of gas use as motor fuel.
The main goals of cooperation of the parties are the turning of the equipment park of the pipe companies and their affiliates for natural gas as well as forming of favorable conditions for the development of the gas motor fuel market in Russia.
Pipe producers submit Gazprom the information on the plans of turning the equipment for gas and purchase of new gas motor fuel equipment. Gazprom will primarily inform its partners on the plans of expansion of gas infrastructure in the regions of activity of the pipe companies, and in case of necessity, correct these plans.
The parties agreed on the development and joint realization of the program of implementation of gas motor equipment, joint participation in similar sectoral and regional programs.
According to customs statistics, in January-June 2015, foreign trade turnover of Russia made up $270.7 billion and it decreased by 32.6% in comparison with January-June 2014. The trade balance showed a surplus of $95.3 billion, which is by 16.7 billion less than in January-June 2014.
In January-June 2015, the export of Russia amounted to $183.0 billion, decreased by 28.8% as compared with January-June 2014. In January-June 2015, the basis of the Russian export to the non-CIS countries was fuel and energy products, the share of which in the commodity structure of the export to these countries amounted to 68.1% (in January-June 2014 - 75.3%).
In January-June 2015, the cost volume of energy products decreased by 34.5% as compared with January-June 2014, and the physical - increased by 10.3%. Among the energy goods the volume of exports of crude oil increased by 11.5%, electricity - by 25.0%, oil products - by 20.2%, including: kerosene - by 39.3%, diesel fuel - 18.0%, liquid fuels - by 23.5%. At the same time, the export volume of natural gas was reduced by 4.1%, coal - by 1.2%.
In 2014, Russia reduced oil exports to the non-CIS countries by 4.2% to 199 270.2 thousand tons, the Federal Customs Service reported.
The gas exports to the non-CIS countries amounted to 124.6 billion cubic meters, which is by 9.8% less than in the previous year.
Protocol to an agreement dated December 2, 2013 was signed by A. Novak and E. Zaharyan.
Let’s recall, on December 25, 2014, Armenia approved a protocol for bilateral agreement with the Russian Federation on cooperation in the supply of natural gas, oil and rough diamonds into the territory of Armenia.
In the coming days, the Ukraine will resume purchases of Russian gas, but by results of the year its dependence on Gazprom will be minimal in history - a little more than a third of all needs. The country has begun rolling blackouts, the threat of collapse pushes Kiev to the other extreme: it increases the purchases of Russian coal, nuclear fuel and is going to begin a large-scale import of electricity from Russia for the first time in its history, the RBC daily reports.
Cases of need
According to the Russian Statistics Service, in the first ten months Russia reduced the supplies of virtually all types of energy sources to the Ukraine: the most massive was the reduction of gas supplies - more than by a third, the supply of oil reduced less than others - by 0.9%. In value terms, the exports fell by 15% to $9.86 billion (this figure includes the gas supply, not fully paid-by the Ukraine).
At the same time, the Ukraine doesn’t buy Russian gas from mid-June: the parties have argued about the debts for a long time and couldn’t agree on the price of the new supplies. The interim agreement, the so-called winter package, was signed in late October: Ukraine promised to pay $3.1 billion of the debt before the end of 2014 and agreed to purchase Russian gas at the price $378 per 1 thousand cubic meters until April 1, 2015.
Rosneft to supply oil products to a number of leading industrial holding companies that provide import substitutionEdited by Rhod Mackenzie / 2014-12-04 02:49:10
Rosneft has signed a partnership agreement in the field of petroleum products supply with Metalloinvest, SUEK, OMZ and UES FGC, the company reports.
The press release notes that the documents provide for joint research activity of the companies in the development, production and implementation of high-tech lubricants and petroleum products. In addition, it is expected to hold a joint audit of products, aimed at maximizing the efficiency of the use and production of a new line of oil products.
Most of the retail traders of Donbass have stopped accounting to the State Statistic Service about their sales, according to the data for August. In August 2014, the Lugansk and the Donetsk regions reduced retail petrol sales by 93% to 2,100 tons and diesel fuel by 89% to 1,000 tons versus August 2013. Donbass considerably reduced the number of the petrol stations accounting to the State Statistic Service. The number was 264 stations in August compared to 976 in May. The experts think that it means the full loss of idea about the affairs in Donbass by the State Statistic Service.
The RF Ministry of Industry and Trade is concerned about the oil reforms.
The tax manoeuvre in the oil industry, proposed by the RF Ministry of Finance to reduce indirect subsidies to the domestic market, may hit the competitiveness of other industries, according to the RF Ministry of Industry and Trade. The reduction of export duties on benzene and petroleum coke will lead to a shortage of raw materials and raise their prices, which will affect not only the petrochemists, but also the metallurgy, including the aluminum industry.
"The Kommersant" has a letter dated September 3rd from Viktor Evtuhov, the deputy head of the RF Ministry of Industry and Trade, to Arkady Dvorkovich, the Deputy Prime Minister, with comments regarding the proposals of the RF Ministry of Finance to amend the Tax Code and the law on customs tariff associated with the "big tax manoeuvre" in the oil industry, at the disposal. The manoeuvre was necessary to increase the revenues and reduce the indirect subsidies to the internal market (see "the Kommersant" dated August 21). The fears of the RF Ministry of Industry and Trade have led to changes in export tariff rates for benzene and petroleum coke. The duty on benzene (raw materials for the petrochemical industry) should be reduced from 66% of the duty on crude oil to 48% in 2015, to 40% in 2016 and to 30% in 2017. The RF Ministry of Finance proposes to set the coke rate no higher than 6.5% of the duty on crude oil. Now it is 66% and is expected to grow to 100% in 2015.
The Federation Council has ratified the intergovernmental agreement with Armenia in the sphere of supplies of gas, oil products and unprocessed natural diamonds to the state. The agreement presupposes duty-free supplies of the goods until Armenia unites with the Eurasian integration space. Under the agreement, the Russian side does not charge import customs duties from oil products and gas at a volume of the internal consumption admitted in the indicative balance and for diamonds supplied to Armenia.
The ex-head of "Rosneft" creates a joint venture with Alliance Oil.
In the biggest deal in the oil industry since "Rosneft" bought TNK-BP: the former head of the state company Eduard Hudaynatov, who went into private business, fulfilled Igor Sechin’s precept "to develop new ambitious projects in the fuel and energy sector" and combined assets in a joint venture with the Bazhaev family’s Alliance Oil. The total value of the joint venture could be up to $ 6 billion. Mr. Khudainatov’s independent oil and gas company receives 40 % in the joint venture, the top manager will become a CEO. But experts believe that in the future the "Alliance" group and Musa Bazhaev will leave the oil industry and focus on platinum.