Milling wheat price reduction was observed in Russian export market. Last week prices for milling wheat with 12.5% and 11.5% protein decreased by $1-2 to $171-172/MT FOB and $165-167/MT FOB in Novorossiysk port, respectively, for delivery in September. The world market was again the main factor of pressure. High supply of feed wheat and wheat…Details
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The Tsentralnoye oil, gas and gas condensate field was discovered in 2008 following the Tsentralnaya-1 prospecting drilling. According to the National Register, the field’s C1+2 recoverable reserves are estimated at 135 million tons of reference fuel (liquid hydrocarbons approximately 70%). LLC Neftegazovaya Kompaniya Tsentralnaya (Central Oil and Gas Company), a joint venture of PJSC LUKOIL,…Details
In January-August the seaports of Russia increased shipment volumes of grains by 10.6% YoY, to 20.6 million tons, the Association of Sea Commercial Ports of the Russian Federation announced. In the reporting period some increase in mineral fertilizers shipment was observed – up by 0.5%, to 10.6 million tons. The general cargo turnover in Russian…Details
As of September 9, Ukrainian agrarians harvested 38.8 million tons of grains throughout the areas of 10 million ha, or 70% of the plan. The average yield totaled 3.9 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. On the same date last year the production volumes reached 37.6 million tons. In particular,…Details
Russian Helicopters Holding signed several contracts on the delivery of components to Southeastern Asia, the company informed. In particular, it concerns contract with Indonesia, Thailand, etc. Russian Helicopters is a subsidiary of Oboronprom included into Russian Technologies. It provides control over Moscow M. Mil’s Helicopter Plant, Kamov, Ulan Udinsky Aviation Plant, Kazansky Helicopter Plant, Rostvertol,…Details
Mil Mi-38 transport helicopter modification will be created by 2018, the Russian Helicopters company said. “The technical shape of the helicopter has been approved by the Defense Ministry and the holding’s experts, and all work on additionally equipping the vehicle will be completed by 2018”, Russian Helicopters said in a statement. The firm said flight…Details
The Russian Finance Ministry is yet to decide on the placement of $1.25 billion more sovereign Eurobonds in 2016, Deputy Minister Sergei Storchak said. “No decision has been made”, Storchak noted. Finance Minister Anton Siluanov said that the government was considering placement of more sovereign Eurobonds because it had a budgetary gap to close after…Details