Drilling of first producing well starts at Kharasaveyskoye field in Yamal

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Background On March 20, 2019, Vladimir Putin, President of Russia, launched full-scale development of the Kharasaveyskoye field. It was planned to complete road filling and site preparation works for production facilities in 2019 and to start the drilling of producing wells in June 2020. The Kharasaveyskoye field is the second most important field (after the Bovanenkovskoye field) in Gazprom’s Yamal gas production center. The Yamal center plays an essential…

Joint statement by Gazprombank and Gazprom regarding current situation with Belgazprombank

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June 12, 2020, 19:50 Gazprombank and Gazprom, as the shareholders of Belgazprombank, declare that on June 11, 2020, the Board of the National Bank of the Republic of Belarus committed illegal actions in violation of the laws of the Republic of Belarus when appointing acting Chairman of the Management Board and acting Deputy Chairman of the Management Board at Belgazprombank. These appointments were accompanied by the detention of authorized members of the…

Russia Day 2020

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On June 12 1990 Russia became an independent nation with the declaration of state sovereignty of the Russian Soviet Federative Socialist Republic. Since 1992, over 145 million Russians have celebrated the day as National Russia Day, enjoying festivities and concerts across the nation. With 180 nationalities and 11 different timezones, Russia is truly one of…

Staff at Top Russian Paper Offer Replacement for Controversial Editor

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Staff at Russia’s leading business newspaper Vedomosti have put forward a candidate to replace the current editor-in-chief, whose editorial decisions have ignited a censorship scandal at the leading independent publication, the paper reported Thursday. Writers and editors rebelled against acting editor Andrei Shmarov, who was appointed after Vedomosti’s previous owner announced its sale this spring.…

Russia’s Coronavirus Cases Continue Steady Rise Past 500K as Country Emerges From Lockdown

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Moscow lifted restrictions including compulsory travel passes on Tuesday, a move welcomed by residents who rushed out to enjoy the streets and parks. Many other regions are lifting lockdown restrictions as Russia is preparing to hold a July 1 national vote despite the pandemic.    President Vladimir Putin is seeking public backing for constitutional amendments that would…