Saudi Arabia has started preparations for organizing batch production of new An-132 multipurpose aircraft with a carrying capacity of 9.2 tons being designed by Antonov State Enterprise (Kyiv) in cooperation with King Abdulaziz City for Science and Technology (KACST) and Taqnia Aeronautics Co. (both based in Saudi Arabia). KACST Director Khalid A. Almalki said at…Details
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In May Russia exported 123 KMT of barley compared with 297.2 KMT in May 2015. Saudi Arabia and Iran were the main importers of Russian barley in May. Since the beginning of the current season barley exports from Russia have decreased by 18% to 4230.7 KMT. Thus, until the end of the current season barley…Details
Russia’s budget deficit may exceed the planned 3% and reach 3.2% of GDP in 2016, according to the documents released by the International Monetary Fund (IMF). According to Finance Minister Anton Siluanov, Russia’s budget deficit is on track to reach around 3% of budget deficit by the end of this year, which is in line…Details
The National Iranian Oil Company (NIOC) has signed a basic non-disclosure agreement with Russia’s state-owned energy giant Zarubezhneft over two oil fields in the western Iran, NIOC said in a statement. Under the agreement, the Russian company will study West Paydar and Aban oil fields and present its proposals to increase the recovery rate of…Details
According to official data, by July 8, Russian farmers have threshed 2579 thousand ha (5.5%) of grains and legumes against 1777.5 thousand ha by the same date in 2015. 11221.5 KMT was harvested with average yield 4.35 MT/ha (in 2015 – 6698.4 KMT with 3.77 MT/ha). Wheat was threshed from 1670.3 thousand ha (6.1%), up…Details
On July 11, the seventh tanker of Project RST54, Balt-Flot 6, built by Okskaya shipyard (Hull No 5407), was put into operation, says the shipyard. It is the sixth ship of Project RST54 built by Okskaya Shipyard for Balt Flot Tanker (BFT, Saint-Petersburg), says the Project designer Marine Engineering Bureau. Krasnoye Sormovo Okskaya shipyard and…Details
Upon completion of the modernization and sea trials, M/V Mikhail Sveltov of Project Q-65 has left for her maiden voyage to the Lena Pillars park, Unesco World Heritage Site in Yakutia, says press center of Marine Technics which developed the modernization project. The joint work with Lena United River Shipping Company on replacement of the…Details