PhosAgro Joins European Sustainable Phosphorus Platform

Moscow – PhosAgro (“PhosAgro” or “the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has joined the European Sustainable Phosphorus Platform (ESPP). PhosAgro is the first fertilizer company with production sites outside the European Union to join ESPP. Membership in the not-for-profit association serves as confirmation of PhosAgro’s…

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Gazprom Board of Directors reviews progress of Gas Infrastructure Expansion Program in Russian Regions

Release October 22, 2019, 18:50 The Gazprom Board of Directors took note of the information about the ongoing implementation of programs aimed at expanding gas infrastructure in Russian constituent entities, including the data on the economic model, synchronization with regional programs for converting housing and utilities to gas, and extension of gas grid coverage in the Krasnoyarsk Territory. It was stressed that consistent expansion of gas infrastructure in Russian regions…

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Russian Special Agents Raid Jehovah’s Witnesses Resort as Crackdown Intensifies

Special agents in northern Russia have raided a resort where dozens of Jehovah’s Witnesses had gathered, marking the latest instance in an ongoing campaign against the religious group that Russia considers extremist. Russia labeled the Jehovah’s Witnesses an extremist organization in 2017, leading to mass arrests and spurring hundreds of its estimated 175,000 Russian members…

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Gazprom and Fortum review cooperation-related issues

Background Fortum is a Finnish energy corporation. Fortum holds a 49.99 per cent stake in Uniper SE. On October 8, 2019, Fortum announced that it had entered into agreements with the Elliott and Knight Vinke investment funds to acquire a 20.5 per cent stake in Uniper for approximately EUR 2.3 billion. As a result of the deal, Fortum’s share in Uniper may increase to 70.5 per cent. Nord Stream 2 is the construction…

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