Russia: Novatek gas production up in H1 2016

Novatek’s natural gas production amounted to 33.8 billion cubic meters in the first half of 2016 and grew by 2.2% YoY, the Russian gas producer said. Production of liquid hydrocarbons (gas condensate and oil) surged by 51% to 6.3 million tons. Deethanized gas condensate processing surged by 17% YoY, to 6.3 million tons. Stable gas…

Russia: market share of drugs grows

The market share of Russian drugs rose from 24% to 28.5% in eighteen months, Russian Minister of Industry Denis Manturov said. “The share of Russian drugs (on the pharmaceutical market) rose from 24% to 28.5% in eighteen months, while import fell by 8.5%”, the minister said. (TASS/Business World Magazine)

Russia: wheat exports-imports in January-May 2016

In January-May, Russia exported 8.33 million tons of wheat and meslin valued at $1.456 billion, declared the Federal Customs Service of Russia on July 8. According to the announcement, the major volumes of wheat were traditionally shipped to far abroad foreign countries – 8 million tons (at $1.4 billion). In the reporting period, wheat import…