SUEK, Oil and Gas

Eurochem to sell a part of its shares of MMTP to SUEK for more than $5 mln

Prior to the deal Eurochem owned 37% of the shares of the port, SUEK- 39.3%.

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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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Marubeni and SUEK plan to build a methanol plant.

The Marubeni Corporation of Japan ("Marubeni") planned to build a plant in the Khabarovsk Region for the production of methanol together with SUEK, the Khabarovsk Region Governor Vyacheslav Shport told reporters in Tokyo today. The project, he stated, could be implemented in the framework of a free port, www.tass.ru quotes the Governor.

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Oil extraction in Russia rose by 5.3% to 43 mln tons in February

​Oil extraction in Russia rose by 5.3% to 43.064 mln tons in February 2016 against Feb 2015, the Central Dispatch Management of the Fuel and Energy sector reports.
Bashneft stayed the leader on the growth of oil extraction in February. The extraction made up 1.643 mln tons, by 11.4% more than in Feb 2015.
The extraction growth in February was also shown by Gazprom Neft – by 7.8% to 4.43 mln tons, Surgutneftegas – by 3% to 4.867 mln tons, Tatneft – by 8.4% to 2.213 mln tons.
Rosneft and Lukoil managed to increase the extraction (Rosneft by 2.9% to 15.828 mln tons, Lukoil- 0.1% to 6.673 mln tons), in January they reduced the extraction results.

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New Enhancements to Rusmininfo,full story selector available in Russian

Rusmininfo is pleased to announce some further enhancements to the news service.This week we have launched a full story selection system in Russian so now every user can select the news they want to receive according to their exact parameters in both Russian and English for full e-mail alerts.
To set up your new selections please log in and click on 'My News Alerts' then use the drop down menu and click on the companies,countries and sectors you want to receive news on.
If you have mislaid your log in details please e-mail [email protected]
Best Regards
Rhod Mackenzie
Managing Director

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UC Rusal can start aluminum transshipment via Taman

UC Rusal can place the terminal for transshipment of aluminum and its alloys in the port of Taman, the Governor of the Krasnodar region A. Tkachyov says. The regional administration has offered to the company to sign the cooperation agreement. UC Rusal confirms that it supports the project and analyzes ability to participate in its investment, but does not bring into the public the precise parameters. Total cost of the port is 228 billion rubles including 115.5 billion rubles to infrastructure that should be allocated by the state, but the budget needs 40 billion rubles.

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