PhosAgro to Discuss Key Areas of Growth Strategy to 2025 and Present New Dividend Policy at Capital Markets Day

Key Highlights of PhosAgro’s strategy to 2020 adopted in 2013: Production of fertilizers increased more than 50% from 5.9 million tonnes in 2013 to 9.0 million tonnes at the end of 2018, with expected production of 9.4–9.5 million tonnes in 2019; Fertilizer sales volumes in the Company’s priority domestic market nearly doubled to…

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Putin Backs Venezuela Talks Rejected by Opposition Leader

Russian President Vladimir Putin backed negotiations between Venezuela’s government and opposition groups that have been rejected by the leader of the main opposition to President Nicolas Maduro. Last week, a group of Venezuelan opposition parties agreed to enter a dialogue with Maduro’s government. But larger groups, led by opposition leader Juan Guaido, rejected the move.…

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UEFA Chooses St. Petersburg to Host 2021 Champions League Final

St. Petersburg’s Gazprom Arena will host the final of the 2021 UEFA Champions League, the European football governing body’s executive committee announced Tuesday evening. It will be Russia’s second time hosting a Champions League final. In 2008, Moscow’s Luzhniki stadium saw Manchester United beat Chelsea in a dramatic penalty shoot-out. The competition’s final is one of the…

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Cooperation with domestic companies fostering achievement of Gazprom’s strategic goals

Release September 24, 2019, 20:05 The Gazprom Board of Directors took note of the information about the engagement of Russian industrial and machine-building enterprises in the implementation of the Company’s strategic goals. It was highlighted that Gazprom is focused on further improving its operational efficiency and maintaining technological leadership among energy companies. These efforts are being carried out in a systematic manner within the Company’s Innovative Development…

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PhosAgro Board of Directors Approves a New Dividend Policy: Payments to Shareholders May Exceed 75% of Free Cash Flow

London – The Board of Directors of PhosAgro has approved a new dividend policy, under which future dividend payments will be based on the Company’s free cash flow instead of net profit, with the amount varying depending on the Company’s debt levels. The new policy will allow the Company to direct more than 75% of…

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Russian Protesters Don’t ‘Get Shot’ Like They Would In the U.S., Putin’s Spokesman Says

Protesters who were jailed over this summer’s mass election rallies in Moscow would have been shot dead if they had been protesting in the United States, Russian President Vladimir Putin’s spokesman has said in a leaked video. Dmitry Peskov’s conversation with students at Moscow’s Higher School of Economics (HSE) appeared on social media in the wake…

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Russia Tests Face, Voice Recognition Ahead of eSIM Integration – Izvestia

Russia is testing face- and voice-recognition technology to identify mobile device users as it moves toward approving eSIM technology which allows consumers to switch easily between carriers, the pro-Kremlin Izvestia newspaper has reported. The Central Bank is overseeing a pilot project that uses personal biometric data to remotely open accounts despite concerns over state surveillance,…

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Rosneft has started bunkering of environmentally friendly marine fuel in the Far East

RN Bunker LLC  – a specialized Rosneft subsidiary – has started bunkering of ships with RMLS 40, a marine fuel that has advanced environmental properties in the Far East.

Alexey Miller and South Ossetian President Anatoly Bibilov discuss ongoing and future cooperation

Background In August 2009, Gazprom brought into operation the Dzuarikau – Tskhinval gas trunkline to provide direct gas supplies from the Russian Federation to South Ossetia. In April 2010, Gazprom and the Government of South Ossetia signed the Cooperation Agreement until 2029. Gazprom developed the General Scheme for gas infrastructure expansion in South Ossetia. The document provides for gas infrastructure expansion in some…

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The Trump-Ukraine Scandal, Explained

A phone call between U.S. President Donald Trump and Ukrainian leader Volodymyr Zelenskiy has become a political flashpoint in Washington following reports that Trump repeatedly pressed Zelenskiy to investigate Democratic presidential hopeful Joe Biden and his son. The July 25 call has wide-ranging implications for Russia’s western neighbor Ukraine, which depends heavily on U.S. aid…

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Gazprom and Uniper discuss cooperation-related issues

Release September 23, 2019, 17:25 The Coordination Council of Gazprom and Uniper for sci-tech cooperation and staff training & development held a meeting in the Krasnodar Territory. The Co-Chairmen of the Coordination Council – Sergey Khomyakov, Deputy Chairman of the Gazprom Management Committee, Oleg Aksyutin, Deputy Chairman of the Gazprom Management Committee, Head of Department, and Andreas Schierenbeck, Chairman of the Management Board of Uniper – noted the…

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Russia’s Tsentr-2019 Military Drills: Vehicle Crashes, Ballistic Missiles and More

Russia, China and India held joint anti-terrorism exercises with Pakistan and four Central Asian republics last week. Nearly 130,000 troops, 20,000 pieces of equipment, 600 aircraft and up to 15 warships were rolled out across eight Russian training grounds for the Tsentr-2019 (Center-2019) drills.  The Sept. 16-21 war games, which President Vladimir Putin observed Friday…

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Russia Facing Potential Olympic Ban After WADA Cites ‘Inconsistent’ Data

Russia is once again in danger of being banned from next year’s Olympics after the World Anti-Doping Agency revealed that historical data supplied by the country’s anti-doping authority contained “inconsistencies.” WADA said on Monday it had opened compliance proceedings against the Russian Anti-Doping Agency (RUSADA) after examining the vast bank of historical testing data finally…

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Putin Sought to Boost Russian Population With ‘Gay Propaganda’ Law – Ex-British PM Cameron

Former British Prime Minister David Cameron has said in his new memoir that Russian President Vladimir Putin told him he passed a law against “gay propaganda” to reverse the country’s declining birth rates. Russia banned “propaganda of homosexuality toward minors” in 2013 around the same time England legalized same-sex marriage, drawing criticism from Western states…

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On This Day Sergei Ozhegov Was Born

On this day in 1900 Sergei Ozhegov, the writer of one of the first Russian dictionaries, was born. Born in Kamennoe village in the Tver region, Ozhegov is celebrated for his “Dictionary of the Russian Language,” which remains the most widely used reference for the Russian language today, especially for writers, journalists and interpreters. The…

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Blue Corridor – Gas into Engines 2019 Rally enters Russia

Release September 20, 2019, 18:30 The Russian stage of the international Blue Corridor – Gas into Engines 2019 Rally for vehicles powered by natural gas was launched today at the Russkaya compressor station (CS) in the Krasnodar Territory. Via a video link, the participants in the Russian stage of the race took over from the European-stage crews that had traveled 5,320 kilometers from Istanbul, Turkey,…

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St. Petersburg’s Pulkovo Airport Eyes Opening Up to Foreign Budget Airlines

Low-cost international airlines could soon fly in and out of St. Petersburg more freely after an easing of restrictions announced by Russian officials, Russian media have reported. No other Russian city allows so-called “seventh freedom flights,” which allow international carriers to operate flights outside their country of registration. St. Petersburg’s Pulkovo Airport projects that the permissions will…

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St. Petersburg’s New Governor, Undeterred by Charges of Vote Fraud, Promises Moscow-Style Revival

If all goes to plan for St. Petersburg’s new governor, Russia’s second-largest city may soon have the landscaped public parks, brand-new buses and budget surpluses of its big brother Moscow. The man behind the promises, Kremlin protégé Alexander Beglov, was inaugurated Wednesday in the gold and marble halls of the Mariinsky Palace in the city…

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Russian Scientists Supported by Rosneft Complete First Stage of Survey into Atlantic Subspecies of Walrus in the Waters of Pechora Sea

Specialists of the Nenets Nature Reserve have launched an extensive field survey of a population of the Atlantic subspecies of walrus as a part of the biological indicator species monitoring programme implemented by Rosneft Oil Company.

Russia Moves to Expand Its Arctic Icebreaker Fleet, Already the World’s Largest

The enterprise responsible for Russian seaport and maritime infrastructure development today operates a total of 36 icebreaking vessels. This is the largest fleet of its kind in the world, the state-run Rosmorport company says. And more is to come. According to company deputy general director Vasily Strugov, another nine vessels will be added to the fleet by 2024. Among them, there…

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Jailed Russian Actor Released Ahead of Appeal After Moscow Protest Verdicts Spark Outcry

A Moscow court has ruled to release novice actor Pavel Ustinov from custody days ahead of his appeal following widespread public outcry over his conviction.  Ustinov, 23, was found guilty Monday of dislocating a riot police officer’s shoulder during mass anti-government protests in Moscow last month. A court sentenced Ustinov to three and a half years…

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Russia’s Love Affair With India

When Ponnuchamy Jeevanantham first came to Moscow from Tamil Nadu in southern India in 1987 to study agriculture at the Peoples’ Friendship University he was dismayed by how mild Russian food was compared to Indian cuisine.  “You couldn’t find any spices,” he said. “There were bay leaves, black pepper and maybe some chilli powder —…

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U.S. Says It Has Plans to ‘Take Down’ Western Russian Region’s Air Defenses

The United States military has a secret blueprint targeting the air defense system protecting Russia’s westernmost territory of Kaliningrad, according to the U.S. Air Force’s top commander in Europe. NATO members perceive Russia’s missile deployments in Kaliningrad as a threat at a time when tensions between Russia and its Western neighbors are running high over…

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