Russia: rapeseed oil output down

According to the official statistics figures, in 2015/2016 MY (August-July) Russia produced 334.2 thousand tons of crude rapeseed oil, down by 21% compared with the season-2014/2015 (424.7 thousand tons). Most Federal Districts faced the downward trends in production, and only the Volga District demonstrated the growth rates (up by 13%; to 19.8 thousand tons), and…

Russia: 19.5% of Rosneft to be sold this year

There is a chance to privatize Russian oil major Rosneft by the end of the year, presidential aide Andrei Belousov reported. “In accordance with the schedule we should have time to do this”, he said. Economic Development Minister Alexei Ulyukayev said in late August that the government might have no time to privatize 19.5% in…