Russian oil major Rosneft has asked the government to cut oil pipeline monopoly Transneft’s tariffs for domestic oil and oil product transportation by 50% and decrease Russian Railways’ tariffs by 30%. Rosneft asked this in August, while ministries were ordered to study the issue in September. Representatives of Rosneft and Transneft declined to comment, representatives…
Pivdenmash (Dnipro) has welcomed a possibility of resuming production of the Zenit-3SL launch vehicle for Sea Launch project announced by the new owner of the platform – Russia’s S7 Group. The enterprise said in a statement that after the recent signing of a contract between S7 Group and Sea Launch S.A. the intention of the…
Russia’s oil production may fall after 2018 if the government keeps the tax burden on the industry, Vagit Alekperov, CEO of oil major Lukoil, said. “I would not like to be some kind of a prophet, but stabilization will be there already in 2017. While in 2018-2019 production will fall”, he said, when asked about…
Private oil companies will join the initiative to limit oil production in the country if Russia makes such a decision, oil major Lukoil CEO Vagit Alekperov said. “We wait for the end of November when precise quotas (of OPEC), a precise validity period of these agreements is defined. We hope this will push oil prices…
Kazakhstan is ready to share its practices in the development of public-private partnership with Belarus, Deputy Chairman of the Board of the Kazakhstan Public-Private Partnership Center Galymbek Mamrayev said. Kazakh experts worked on a technical assistance project in Belarus in April. They analyzed the prospects for the development of PPP in Belarus. “Today we see…
Kazakhstan is interested in advancing cooperation with Belarus in information technologies, Galymbek Mamrayev, Deputy Chairman of the Board of the Kazakhstan Public Private Partnership Center, said. The expert said: “We are now opening our market to IT companies. Belarus is a leader in this field, this is why we expect that cooperation between our countries…
In January-August Russian agricultural enterprises increased grain selling volumes by 9.9% YoY to 26.6 million tons, the Federal State Statistics Service (Rosstat) declared on September 29. In particular, in August the reporting index totaled 7.6 million tons, up by 5.4% YoY. (APK-Inform/Business World Magazine)