Russia: palm oil imports to set a new record

In May palm oil purchases by Russian companies decreased to 55 KMT compared with the previous month (60.6 KMT in April). At the same time imports increased by 12.4 KMT compared to 42.6 KMT in May 2015. During nine months of the season 2015/2016 (September-May), palm imports to Russian Federation reached 708.4 KMT. It’s safe…

Russia: 9 million tons of grain harvested

As of July 7, Russian agrarians continued harvesting grain and pulses. Agrarians harvested grain crops throughout the areas of 2.2 million ha (1.4 million ha in 2015), and produced 9.6 million tons of grain, with the average yield of 4.33 t/ha (5.3 million tons with the yield of 3.81 t/ha in 2015), the Ministry of…

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…