Rostekh, Oil and Gas

Rostech increases the share of civil production to 50% by 2025.

In the message to the Federal Assembly the RF President Vladimir Putin paid special attention to the scope of the military-industrial complex, stating that it was necessary to increase the producti

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Gazprom and Rostech plan joint production of gas pumps instead of the Ukrainian in Bashkiria.

Gazprom and the State Corporation Rostech will sign an agreement with the Government of Bashkiria on the joint venture.
On October 21, 2015 the Vice-Premier of the republic stated that it was an agreement on joint production of the pumping gas units for the needs of Gazprom on the basis of the AL-31ST engine produced by Ufa Engine Industrial Association.

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Rostekh tries to get help for gas from the President for rare earth metals

As the Kommersant has got to know, joint venture of Rostekh and the ICT Group of Alexander Nesis on development of the Tomtorskoe rare earth metals deposit in Yakutia has faced difficulties with the energy supply. Rostekh wants to create generation there and to use gas of the Pronchischevskoye field for this, but this site is located in a protected natural area. Local authorities are willing to change the status of the reserve, but as the Ministry of Environment, as well as the habitants oppose this. As a result, head of Rostekh Sergei Chemezov asked for support of President Vladimir Putin.
The head of Rostekh, Sergei Chemezov has asked Vladimir Putin to give instructions to hold a competition for the extraction mining licenses for the Pronchischevskaya oil and gas area in Yakutia before the end of the year. This is stated in a letter of Mr. Chemezov dated July 25th. The Rostekh’s head explained that the joint venture of the state corporation and ICT Group of Alexander Nesis Triark Mining would develop the Tomtorskoe rare earth metals deposit in Yakutia (investment will be about $1 billion), and taking into account "the severe climate conditions and geographical remoteness" the projects need an independent power supply. According to Sergei Chemezov, back in February, the President of the republic Egor Borisov asked the head of the Ministry of Environment Sergey Donskoy to include the Pronchischevsky site in the list of projects for geological exploration

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Rostech can win tender for oil refinery construction in Uganda costing $3 billion

The Russian Rostech and the Korean SK Energy have entered the final stages of the tender for an oil refinery construction in Uganda, Rostech subsidiary RT – Global Resources reports. Earlier the Government of Uganda approved the short list including the consortiums headed by the Chinese China Petroleum Pipeline Bureau, the British Petrofac, the Swiss and Dutch Vitol and the Japanese Marubeni, besides from Rostech and SK Energy. They entered the final stage only 2 consortiums including the Russian RT – Global Resources, Tatneft and VTB Capital. Uganda’s oil is high-paraffin crude that will need special configuration of the oil refinery and the need for the heating of the pipeline to 60* when exporting the products to the neighboring regions. Tatneft possesses such technical capabilities and that enabled company to access to the final stage. They will discuss at the final stage the concrete details of construction and operation of the oil refinery that will chose the winner.

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Rostech has outstripped 69 companies in the competition for the Uganda oil

Rostech, the consortium of 3 Russian companies, RT Global Resources (a subsidiary of the Russian Technologies), Tatneft and VTB Capital has been included to the short list of the claimants for construction of the first oil refinery in Uganda with annual capacity of 3 million tons, the Minister Counsellor of Uganda N. Ocheger  says. The CEO of RT Global Resources A. Korobov confirms this information.

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