Russian oil major Rosneft has suggested the government to revise the principle of investment component in tariffs of oil pipeline monopoly Transneft, according to the letter by Rosneft CEO Igor Sechin. Rosneft has proposed to exclude the mechanism of long-term investment tariffs, which Transneft uses to build pipelines to oil companies’ facilities. Transneft receives the…
Oman is ready to invest in the agricultural sector of Belarus, Sergei Rachkov, Ambassador Extraordinary and Plenipotentiary of Belarus to Egypt with concurrent accreditation to Oman, Algeria and Sudan, said. “One of Oman’s key tasks is to strengthen its food security. Oman shows big interest in the Belarusian agricultural sector in order to invest in…
The Russian agriculture should not be afraid if the food products’ embargo is lifted for the countries, which had imposed sanctions against Russia, as the Russian products are quite competitive, Russia’s minister of agriculture Alexander Tkachev said. “Nobody can be sure whether the sanctions are lifted in late 2017”, he said. “We are interested in…
On September 19-25, the export volumes of grains from the Russian seaports reached 747.4 thousand tons, against 229.4 thousand tons shipped on the previous week. In particular, the wheat shipments totaled 595.3 thousand tons, barley – 5.8 thousand tons, corn – 136.9 thousand tons, and peas – 9.4 thousand tons. (APK-Inform/Business World Magazine)
The Ministry of Agriculture of Russia estimated the general grain harvest in the country in the current year at the level of 110-115 million tons, the minister Alexander Tkachev said. At the same time, he added that Russia produced the similar volumes of grains 25 years ago, in 1991. According to Tkachev, Russia plans to…
Russian gas giant Gazprom plans to build a new platform for liquefied natural gas (LNG) production at its Sakhalin-2 project to boost gas exports to Japan, according to Gazprom Deputy CEO Alexander Medvedev. The project is expected to be finally approved in 2017, while LNG production is to start in 2022. The Sakhalin-2 project’s two…
Some 451,370 tons of raw cotton were supped to collection points in Turkmenistan, the Turkmen government said. The cotton-picking campaign, which lasts from August to October, has been recently discussed at the governmental meeting. “The measures are being taken and agricultural machinery is used as part of cotton-picking campaign”, the message said. Some 1.05 million…