Russian Railways is interested in taking part in implementation of the Rasht-Astara railway project of Azerbaijan and Iran, First Vice President of Russian Railways Alexander Misharin said. “Russian Railways has repeatedly expressed interest – including at my recent meeting with the Iranian Railways deputy head Ahmad Khodaei – to participate in implementation of the project…Details
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The Russian government may have no time to privatize a 19.5% stake in oil major Rosneft in 2016, Economic Development Minister Alexei Ulyukayev said. “We can have no time”, Ulyukayev said. He said that the fulfillment of a plan to raise 1 trillion rubles for the state budget from privatization of assets in 2016 depends…Details
Russia’s revenue from natural gas exports decreased by 31.6% YoY, $14.97 billion in January-June, the Federal Customs Service said. Russia exported 95.4 billion cubic meters of gas in January-June, up by 6.95% YoY. Exports to non-CIS countries rose by 14.6%, to 78.3 billion cubic meters, and exports to CIS countries went down by 18.27%, to…Details
Zhambyl region increased its industrial output in H1 2016. In January-June the industrial output in Zhambyl region rose by 3.2% which puts it on the fourth position in the country ranking. Foodstuffs processing sector in the region demonstrates a 41% growth, while processing industry shows a 10.7% rise. Positive dynamics is observed also in light…Details
Uralkali announces the appointment of Alexander Terletsky as Uralkali Trading CEO. Prior to joining the company, Alexander Terletsky held the position of General Director of Lukoil Eurasia Petrol A.S., where he was responsible for sales and logistics of Lukoil products in Azerbaijan, Georgia and Turkey. In 1995 to 2011, he worked in senior positions at…Details
Economy Ambassador Extraordinary and Plenipotentiary of Belarus to Tajikistan Oleg Ivanov met with the Chairman of the Board of the Eurasian Development Bank (EDB) Dmitry Pankin and Deputy Agriculture Minister of Tajikistan Zevarsho Zevarshoyev, the press service of the Belarusian Ministry of Foreign Affairs reported. Participants of the meeting were made familiar with progress in…Details
The North-South international transport corridor is one of the main issues between Iran and Azerbaijan as well as regional countries, Iranian President Hassan Rouhani said. He made the remarks while on an official visit to Baku on August 7, at a joint press conference with Azerbaijani President Ilham Aliyev. “The corridor will connect Azerbaijan to…Details