Some 404.1 million tons of oil and 123 billion cubic meters of associated gas have been produced at the Azeri-Chirag-Guneshli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea since November 1997, First Vice President of the Azerbaijan’s state oil company SOCAR Khoshbakht Yusifzade said. He said that the…Details
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Profit of national joint-stock company Naftogaz Ukrainy in 2016 could reach 16-18 billion UAH, Naftogaz Head Andriy Kobolev has said. “In H1 2016 profit will be around 21 billion UAH, and we expect 16-18 billion UAH of profit at the end of the year”, he said. He said that annual profit would be less than…Details
Two Russian carriers have received a permission to operate flights to Azerbaijan on two routes from the new Zhukovsky International Airport in Moscow, said the website of Russian Federal Air Transport Agency (Rosaviatsia). The protocol of the interdepartmental commission on the admission of carriers to perform international transportation, posted on the website of Rosaviatsia said…Details
Russia’s communications ministry has worked out draft amendments to the connection law to ensure integrity, faultlessness and stability of local Internet, and the measures were discussed at a meeting on Thursday. A person familiar with the matter said the meeting was held by Deputy Communications Minister Alexei Sokolov and attended by presidential aide for the…Details
The Russian government will grant 48 billion rubles of guarantees to the military companies, which are fulfilling a state order, in 2016, according to a ruling published at the government’s web site for disclosure of legal information. The guarantees will be granted against loans raised by the Khrunichev State Research and Production Space Center, air…Details
As of August 18, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 23.8 million ha (on the same date in 2015 – 21 million ha), or 50.3% of the planned areas (47.3 million ha). The produced volumes reached 76.1 million tons of grains, with the average yield of…Details
Ukraine’s antimonopoly authority has asked participants of the Russia-led Nord Stream-2 gas pipeline construction to agree terms of the project with Kiev. “The participants of the project ought to abstain from any activities which could lead to competition limitations in Ukraine before the receipt of a permit… for the agreed upon actions. Due to the…Details