Project finance documentation signed for Amur Gas Processing Plant

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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

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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

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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

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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

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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

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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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Alexey Miller lays out details of Protocol on gas cooperation with Ukraine, effective January 1, 2020

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December 21, 2019, 17:25 Alexey Miller, Chairman of the Gazprom Management Committee: “In line with the Protocol on gas cooperation, Gazprom and Naftogaz will sign an agreement to settle their mutual claims under the existing contracts, thereby restoring the balance between the interests of the parties. According to the settlement agreement, no new claims shall be filed, the pending arbitration and legal claims shall…

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Gazprom and Sinopec discuss potential avenues for cooperation

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Release

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Li Yong, Vice President of China Petrochemical Corporation (Sinopec Group), took place today in St. Petersburg.

The parties discussed their potential areas of cooperation.

Information Directorate, Gazprom

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Russia Recruits Syrian Kurds to Replace U.S.-Led Forces – VOA

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Russia has opened recruitment centers for a new military force in northeastern Syria aimed at replacing U.S.-backed Kurdish groups that neighboring Turkey views as terrorists, the Voice of America broadcaster reported Thursday. Turkey and its Syrian rebel allies launched a cross-border offensive against the Kurdish militia after President Donald Trump pulled U.S. forces from the…

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Erdogan Says Turkey Won’t Be Silent Over Russian-Backed Mercenaries in Libya

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President Tayyip Erdogan said on Friday that Turkey will not stay silent over Russian-backed mercenaries supporting Khalifa Haftar in Libya, as Moscow voiced concerns over possible Turkish military deployment to Libya in support of Haftar’s enemies. Turkey has backed Libya’s internationally recognized government led by Fayez al-Serraj and the two sides signed a security agreement…

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Gazprom to Build the World’s Northernmost Petrochemical Plant in the Arctic

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Russian state energy company Gazprom is planning to construct a giant petrochemical plant in Bovanenkovo, the company’s hub on the Yamal Peninsula. It will be able to produce about 3 million tons of plastics products polyethylene and polypropylene per year, several sources in the company told Vedomosti business daily. If built, the plant will be the northernmost…

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Russia Upholds U.S.-Israeli Woman’s 7.5-Year Airport Marijuana Sentence

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A court in Moscow has upheld U.S.-Israeli tourist Naama Issachar’s seven-and-a-half year prison sentence on drugs charges Thursday in a case that has strained ties between Russia and Israel. Naama Issachar, 25, was found guilty of drug possession and smuggling last month. Moscow airport authorities had found 9.6 grams of cannabis in Issachar’s luggage during her…

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Trump Official Slams New Anti-Russia Sanctions in Leaked Letter

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Donald Trump’s administration has slammed a new package of tough anti-Russia sanctions advanced by U.S. lawmakers earlier this week, The Daily Beast reported Thursday, citing a leaked letter from a State Department official.  The U.S. Senate Foreign Relations Committee approved draft legislation Wednesday that would impose new sanctions against Russia’s banking, energy and ship-building sectors…

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Putin Dodges Question on Daughters’ Identity

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Russian President Vladimir Putin sidestepped a question about the identities of his two daughters at his annual end-of-year news conference on Thursday. Named sources have told Reuters — but later retracted their statements — that one of Putin‘s adult daughters is Katerina Tikhonova, who runs publicly funded projects and takes part in competitive rock’n’roll dancing. Media have identified Putin‘s…

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ROSATOM’s first of a kind floating power unit connects to isolated electricity grid in Pevek, Russia’s Far East

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19th December, 2019, Pevek, Russia – The floating power unit (FPU) Akademik Lomonosov has been connected to the grid, generating electricity for the first time in the isolated Chaun-Bilibino network in Pevek, Chukotka, Russia’s Far East. This happened after the Russian regulator Rostekhnadzor issued an operations permit, as well as permission to connect to the…

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Putin Open to Changing Constitution Amid Succession Question

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Russian President Vladimir Putin said on Thursday he was open to the possibility of altering Russia‘s constitution, including proposals to increase parliament’s power and to limit the number of presidential terms anyone can serve. The issue of constitutional change in Russia is watched closely amid speculation about Putin’s own political ambitions. In power as either president or prime…

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5-Year-Old Russian Girl Named World’s Third-Highest Earner on YouTube

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A five-year-old girl born in Russia is the world’s third-richest YouTube blogger, Forbes reported Wednesday. Anastasia Radzinskaya earned an estimated $18 million between June 2018-June 2019, according to the business magazine. The native of the southern Russian city of Krasnodar who moved to Florida last year has a combined 107 million subscribers across six YouTube…

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Muscovites Wonder Where Winter Has Gone as Temperatures Hit 133-Year High

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Residents of Moscow are wondering where winter has gone as the highest December temperatures for 133 years deprive the Russian capital of its customary covering of snow. “This is not our winter,” said pensioner Ludmila Biryukova. “It came from somewhere else.” At a time when snow often blankets the streets and icicles hang from buildings, the temperature…

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‘There’s Nothing to Cry About’: Moscow Mayor’s Year-End Report, in Quotes

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Moscow Mayor Sergei Sobyanin gave an annual report to municipal lawmakers Wednesday. Sobyanin faced several challenges this year, including mass protests against the exclusion of opposition candidates from the Moscow City Duma election and against plans to ship waste to outlying regions. Here’s a selection of quotes from Sobyanin’s two-hour report, which included answers to…

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Russian Army Gen. Gerasimov, in Quotes

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Russia’s Chief of the General Staff of the Armed Forces Valery Gerasimov hosted 150 military attaches from the diplomatic missions of 70 countries Tuesday. During his speech, Gerasimov discussed Russia’s military arms and strategies. Here are some of his key quotes: Putin’s weapons — Peresvet laser system “Since the beginning of December, the Peresvet laser…

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Rosneft Implements Unique Project on Injecting APG in Underground Gas Storage

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Verkhnechonskneftegaz, an enterprise of the upstream complex of Rosneft Oil Company, has implemented an associated petroleum gas (APG) efficient utilisation project.