Russia’s oil production may fall after 2018 if the government keeps the tax burden on the industry, Vagit Alekperov, CEO of oil major Lukoil, said. “I would not like to be some kind of a prophet, but stabilization will be there already in 2017. While in 2018-2019 production will fall”, he said, when asked about…Details
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Private oil companies will join the initiative to limit oil production in the country if Russia makes such a decision, oil major Lukoil CEO Vagit Alekperov said. “We wait for the end of November when precise quotas (of OPEC), a precise validity period of these agreements is defined. We hope this will push oil prices…Details
Kazakhstan is ready to share its practices in the development of public-private partnership with Belarus, Deputy Chairman of the Board of the Kazakhstan Public-Private Partnership Center Galymbek Mamrayev said. Kazakh experts worked on a technical assistance project in Belarus in April. They analyzed the prospects for the development of PPP in Belarus. “Today we see…Details
Kazakhstan is interested in advancing cooperation with Belarus in information technologies, Galymbek Mamrayev, Deputy Chairman of the Board of the Kazakhstan Public Private Partnership Center, said. The expert said: “We are now opening our market to IT companies. Belarus is a leader in this field, this is why we expect that cooperation between our countries…Details
In January-August Russian agricultural enterprises increased grain selling volumes by 9.9% YoY to 26.6 million tons, the Federal State Statistics Service (Rosstat) declared on September 29. In particular, in August the reporting index totaled 7.6 million tons, up by 5.4% YoY. (APK-Inform/Business World Magazine)Details
In 2016/2017 MY, the export volumes of grains from Russia will reach 40 million tons, the General Director at SovEcon Andrei Sizov declared. The supply and demand balances in the current agricultural year formed in such way that the grain resources would total nearly 130 million tons. Therefore, SovEcon forecasts the exports at such a…Details
According to the official statistics data, in the first two months of the season-2016/2017 (July-August) Ukraine imported 8.8 thousand tons of rye flour, while in the same period of the previous season – 1 ton only. In the current year, Belarus supplied the whole volumes of rye flour. Ukraine significantly increased foreign purchases of rye…Details