Russian gas giant Gazprom has received permits for survey works on two deep-sea threads of the Turkish Stream natural gas pipeline in Turkey’s territorial waters through diplomatic channels, the company said in a statement. “Constructive, swift cooperation with the Turkish partners should be noted here. The work on the Turkish Stream is going on at…
The prolongation of a freeze of the accumulative part of Russian pension savings into 2017 will mean abolishment of this system, which is a bad sign for the market and citizens, and the Economic Development Ministry offers a partial unfreeze of the pensions, Deputy Minister Oleg Fomichyov announced. The government froze the accumulative part of…
FESCO Transportation Group and Rusagro Group have signed an Agreement of intent to arrange a special-purpose technology based on the Vladivostok Commercial Sea Port (part of FESCO Group) infrastructure to handle export agricultural products, FESCO says in a press release. The agreement is intended to optimize the supply logistics of Rusagro goods to the Asia…
On September 27, Uralkali held its extraordinary general meeting of shareholders (EGM) in the town of Berezniki (Perm Territory). Uralkali’s EGM elected the new board of directors, including Sergey Chemezov, Dmitry Konyaev, Dmitry Lobyak, Luc Maene, Sir Robert Margetts, Dmitry Mazepin, Dmitry Osipov, Paul Ostling and Dimitry Tatyanin. The EGM also elected the new revision…
Russia lifts ban on importation of fruit and vegetables from Egypt, except potatoes, from October 1, Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) reported. “Starting from October 1”, the Ministry announced. On September 22, Rosselkhoznadzor imposed temporary restrictions on imports of plant products from Egypt. “Due to continuing supplies of quarantineable products unsafe…
Russia is seeing good moisture levels for winter crop sowings said Andrey Sizov Jr of the influential Moscow-based analysis group SovEcon. This week the European Commission flagged “concern” about dry weather in parts of Russia, which could harm winter wheat prospects. But Sizov was upbeat about winter wheat prospects. “Things actually are looking quite well…
The government of Russia has officially made public the decision to zero down the export duties on wheat. The web-site of the government posted the corresponding resolution #966 dated September 26. According to the signed resolution, the zero rate for the export duty on grain has been set until July 1, 2018. The previous government…