Savory Kutiya for Kolodia and Christmas

Pity poor Russian Christmas! Russian Christmas is the poor relation in the winter holiday line-up. In the Orthodox world, Easter has always loomed liturgically larger than Christmas, particularly so in northern countries, where the return of spring is always welcomed with particular fervor. Thanks to the discrepancy between the Julian and Gregorian calendars, Orthodox Christmas…

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Gas reserves of Yamal’s Kruzenshternskoye field raised to 2 trillion cubic meters

Release December 27, 2019, 19:40 Gazprom boosted Yamal gas production center’s resource base. Kruzenshternskoye field’s gas reserves were increased by 360 billion cubic meters. Hi-tech directional well was built. Subsurface use right was granted for Sopochny block in YaNAA’s Tazovsky District. The Federal Agency for Mineral Resources approved the expert opinion of the State Reserves Commission with regard to the calculation…

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U.S. Has Ignored UN Appeals About Visa Delays for Russians – Spokesman

U.N. Secretary-General Antonio Guterres has repeatedly expressed concern to Washington over U.S. visa delays for officials from Russia and other countries, a U.N. spokesman said on Thursday after Moscow accused Guterres of turning a blind eye. Moscow says Washington has deliberately delayed issuing visas to Russian officials traveling to the U.N. headquarters in New York,…

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ROSATOM has completed the first phase of wind turbines’ commissioning at its wind farm at Adygea

ROSATOM has completed the first phase of wind turbines’ commissioning at its wind farm at Adygea. This marks an important milestone in further development of low-carbon programs at ROSATOM. Adygea Wind Farm with total capacity of 150 MW, which construction has been recently completed at Shovgenovsky and Giaginsky districts of the Republic of Adygea, proved…

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ROSATOM has manufactured first Russian accident-tolerant fuel for commercial reactors

The first Russian-made nuclear fuel assemblies with experimental accident-tolerant fuel rods (ATF) for commercial reactor have been manufactured and passed acceptance inspection at Novosibirsk Chemical Concentrates Plant, a fabrication facility of ROSATOM’s TVEL Fuel Company.  Already in the first quarter of 2020, they should be loaded into one of VVER-1000 reactors at Rostov NPP. Each…

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Russian Authorities Raid Kremlin Critic Alexei Navalny’s Moscow Office

Russian authorities raided the Moscow headquarters of opposition politician Alexei Navalny on Thursday, using power tools to gain entry before dragging Navalny out by force and confiscating technical equipment such as laptops. Navalny and his allies said the raid on his Anti-Corruption Foundation (FBK) was carried out by the Federal Bailiffs Service and was connected…

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Speech by Alexey Miller at conference call on occasion of New Year’s Eve

December 26, 2019 Dear colleagues, Today, we are taking stock of the year 2019. This year has already become a landmark in the history of the gas industry. A tremendous amount has been achieved. First and foremost, the Power of Siberia gas pipeline has come onstream. As you know, on December 2, the Company launched Russian pipeline gas supplies to China. This is a market with enormous potential. Power…

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Russia Detains 2 Jehovah’s Witnesses on Christmas

Authorities in northwestern Russia have detained what they say are two branch leaders of the Jehovah’s Witnesses religious group, investigators said Wednesday. They accused the unnamed 45-year-old and 67-year-old of “organizing extremist activity” in the form of religious services in the city of Vologda. Authorities placed the alleged leader of the Jehovah’s Witnesses’ Vologda branch in…

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Russian industrial enterprises actively contributing to Gazprom’s goals

Release December 24, 2019, 19:15 Economic effect from Gazprom’s import substitution efforts in 2016–2018 is estimated at RUB 20.7 billion. Full range of key equipment created for operating offshore fields. 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. Gazprom is actively employing various organizational mechanisms to enhance its cooperation with…

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Board of Directors reviews influence of 2019’s events on global energy market outlook

Release December 24, 2019, 19:10 The Gazprom Board of Directors took note of the information concerning the impacts of the events of 2019 on the long-term outlook for the global energy market. It was highlighted that the ongoing global growth in natural gas consumption is one of the chief trends of 2019. China continues to demonstrate significant growth. In 2018, the country’s gas consumption went up by 18 per cent. By the end of 2019,…

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Gazprom Board of Directors approves investment program and budget for 2020

Release December 24, 2019, 19:00 Gazprom’s overall amount of investments for 2020: RUB 1,104.7 billion. This budget will provide full coverage of Gazprom’s liabilities without deficit. The Gazprom Board of Directors took note of the Company’s preliminary operating results for 2019 and the projected investment program and budget (financial plan) for 2021–2022. In addition, the Board of Directors approved the investment program and budget (financial…

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Board of Directors approves Gazprom’s new Dividend Policy

Release December 24, 2019, 18:55 Dividends will be calculated based on adjusted net profit under IFRS. Target level of payouts – at least 50 per cent – is to be reached in three years. Dividend calculation mechanism was made as transparent as possible. The Gazprom Board of Directors approved the new revision of the Company’s Dividend Policy. The document, which was developed as part of the effort to streamline the financial strategy of Gazprom, takes into account…

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Russia Releases Young Protester, Jails Second Protester for Hurting Cop’s Finger

A court in Moscow has ruled to fine and release protester Samariddin Radzhabov for throwing a plastic water bottle at police during anti-government rallies this summer, the Mediazona news website reported Tuesday. Minutes earlier, the Tverskoy District Court sentenced another protester Sergei Surovtsev, 30, to two and a half years in prison for pushing a…

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Security Forces Kidnap Kremlin Critic, Force Him Into Army – Reports

A Kremlin critic and prominent aide of opposition leader Alexei Navalny has reportedly been forcibly conscripted into the military in northern Russia almost 24 hours after he went missing. Ruslan Shaveddinov’s supporters raised the alarm Monday evening when he stopped answering phone calls and colleagues posted pictures of his apartment’s door — which appeared to…

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Project finance documentation signed for Amur Gas Processing Plant

Release December 24, 2019, 15:20 Total amount borrowed: EUR 11.4 billion. Financing is provided by 22 banks from Europe, Asia, and Russia. Unprecedented deal in Gazprom’s history and one of Europe’s largest in last few years. Gazprom Pererabotka Blagoveshchensk and Gazprom completed the signing of project finance documentation for the construction of the Amur Gas Processing Plant (GPP). The total amount of debt financing is EUR 11.4 billion.…

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Russian Journalist Fired After Asking Putin a Question at Presser

A Russian state journalist who asked President Vladimir Putin a question during his  end-of-year press conference last week has been told to resign, the Znak.com news website reported Monday, sparking speculation about the causes for her dismissal. At the press conference on Thursday, Alisa Yarovskaya, a Yamal-Region television channel correspondent, had asked Putin to help…

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Russia’s Internet Is Ready for Isolation, Officials Say After Partial Shutdown

Russia completed a series of tests on Monday checking that its internet services could function if the country were to get cut off from the worldwide web, Deputy Communications Minister Alexei Sokolov said. The tests, conducted over the course of several days on specially designated networks,  follow Russia’s controversial “sovereign internet” law enacted last month,…

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Rosneft Oil Company and Equinor Commence the First Stage of North-Komsomolskoye Field Development

Rosneft Oil Company and Equinor ASA, the shareholders of SevKomNeftegaz LLC, approved the decision to commence the first stage of full-field development of North-Komsomolskoye field.

Moody’s Updates PhosAgro Credit Analysis

The agency noted, among other things, that PhosAgro’s Baa3 rating reflects the Company’s significant global market presence and focus on premium-priced value-added complex fertilizers;  strong margins through the cycle, underpinned by its high-quality mining resources, self-sufficiency in key raw materials, and access to low-cost sulphur and natural gas; and balanced financial policy and public commitment…

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U.S. Concerned as Libyan Conflict Turning Bloodier With Russian Mercenaries

The United States is “very concerned” about the intensification of the conflict in Libya, with a rising number of reported Russian mercenaries supporting Khalifa Haftar’s forces on the ground turning the conflict into a bloodier one, a senior State Department official said on Saturday. The United States continues to recognize the Government of National Accord (GNA)…

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