The Indian Defense Ministry is working towards inking the final Research and Development design contract with Russia this year for the Indian “perspective multi-role fighter”, a variant of the Russian single-seat FGFA called Sukhoi T-50 or PAK-FA. India is also working on upgrading its existing Sukhoi-30MKI jets into ‘Super Sukhois’ with advanced avionics and weapons.…Details
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India reports several troubles with the performance and maintenance of its MiG-29K/KUB (NATO reporting name: Fulcrum-F) naval multirole fighters, as well as with Vikramaditya (former “Admiral Gorshkov”/Kiev-class) aircraft carrier. The fighters built by Russia’s RSK-MiG corporation (a subsidiary of the United Aircraft Corporation, Russian acronym: OAK) come short of Indian Navy`s (IN) requirements, a source…Details
In 2015/2016 MY, the volume of grain exports from Russia totaled 33.894 million tons, an increase of 11.1% compared with the previous season (30.5 million tons), declared the Ministry of Agriculture of the Russian Federation. According to the announcement, the wheat volumes formed 24.6 million tons from the reporting export volumes, barley – 4.23 million…Details
Natural gas stocks at Ukraine’s underground storage facilities after the completion of the 2015/2016 heating season have increased by 16.7%, or 1.4 billion cubic meters (bcm). While on April 6, 8.43 billion cubic meters of gas were in the underground storage facilities, on July 9, gas stocks amounted to 9.84 bcm (down by 19.4% YoY).…Details
Ukrainian President Petro Poroshenko has invited Canadian businessmen to take part in the privatization process in Ukraine. “We have invited Canadian businessmen to take active part in the privatization process that would be transparent, effective and we have received relevant consent at the business forum”, Poroshenko said at a joint press conference with Canadian Prime…Details
In January-June Boryspil International Airport (Kyiv), the largest airport in the country, increased its passenger traffic by 14% YoY, to 3.64 million people. Compared with the previous year the number of passengers who used the airport as an interchange hub doubled and amounted to 940 thousand. “In the first half of the year Boryspil airport…Details
Balt Flot 12, tanker of Project RST2, built by Nizhny Novgorod-based Krasnoye Sormovo shipyard (United Shipbuilding Corporation) has been delivered to BF Tanker. The shipyard says the acceptance/delivery certificate was signed on July 7. Balt Flot 12 is the second tanker built for BF Tanker. The contract for construction and delivery of two tankers of…Details