Release February 13, 2019, 19:25 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Bernhard Reutersberg, Chairman of the Supervisory Board of Uniper, took place in Moscow today. The parties discussed ongoing and future cooperation, including Russian gas supplies to Germany. It was noted that the amount of gas exports to the country was maintained at the level of the previous year due…
February 13, 2019 PAO Severstal (“Severstal”; “the Company”), one of the world’s leading vertically integrated steel and steel-related mining companies, announces that Moody’s has upgraded its rating on Severstal to Baa2 from Baa3 and changed its outlook from positive to stable. Moody’s also raised Russia’s country ceilings for foreign currency debt to Baa2/P-2 from Baa3/P-3…
Aspire Zone sports complex in Doha hosted an exhibition performance of Russian sambo athletes during the celebration of National Sports Day in Qatar. Rosneft Oil Company provided for the event as its main sponsor. The exhibition show, as well as a series of workshops by the seven best Russian sambo athletes, introduced the locals to…
ROSATOM has launched the sector-wide Advance Training Program for managers of nuclear facility construction projects in the Russian Federation and abroad. It will allow building up new competences, implement best world practices of construction project management on sites and train necessary candidates pool for implementation of the world’s largest portfolio of NPP construction projects. The…
News from projects and regions February 11, 2019, 18:00 On February 10, Novy Urengoy’s Gazodobytchik Culture and Sports Center hosted the 20th annual open dancesport competition Urengoy Waltz. The tournament combined an open competition for the Gazprom Dobycha Urengoy Cup with the Yamal-Nenets Autonomous Area dancesport contest and championship. This festival of dance has for many years been…
A unique for the industry multilateral well with eight branch holes by the fishbone* technology was built at East-Messoyakha field. The length of the productive hole is 5.1 km, the total drilling rate is 9.1 km. The oil-saturated layer in the drilling area did not exceed 12 m. Fishbones are the trademark of Messoyakhaneftegaz. The…
February 8, 2019 Izhora Pipe Mill (IPM, part of PAO Severstal) has won several tenders to supply PAO Gazprom with over 200 thousand tons of large diameter pipes. The products will be used in the development of gas transmission capacities for the Unified Gas Supply System in the North-West Region (NEGP), as well as the…
Moscow – PhosAgro (MOEX/LSE ticker: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, increased its FY 2018 fertilizer and feed phosphates production by 7.6% year-on-year to 9.0 million tonnes. Sales for the same period grew by 9.0% year-on-year to 8.8 million tonnes. In 4Q 2018, fertilizer production rose by 1.8% year-on-year to…
Release February 6, 2019, 09:30 The Gazprom Board of Directors took note of the information about the ongoing implementation of advanced digital technologies within the Gazprom Group. It was highlighted that Gazprom considered digital technologies to be one of key aspects of further improving the Company’s corporate governance and strengthening its market positions, as well as a vital tool for achieving its strategic goals. Systematic work in this area…
Background The key areas of activity of Gazprom Dobycha Orenburg are production, treatment, and transportation of hydrocarbons and a number of commercial products of partner companies. The main source of raw materials for the company is the Orenburgskoye oil, gas and condensate field that supplies unique components including methane, ethane, propane, butanes, helium, mercaptans, etc. This is why the Orenburg Gas Processing and Helium Plants…
News from projects and regions February 5, 2019, 10:20 On February 3, the Molodost sports center in Nadym hosted the opening ceremony of the 2019–2020 season of Gazprom Dobycha Nadym’s Spartakiada Games: the 19th Employees’ Spartakiada Games, the 8th Children’s Spartakiada Games, and the 6th Executives’ Spartakiada Games. Sergey Menshikov, Director General of Gazprom Dobycha Nadym, stressed the positive effect…
February 5, 2019 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q4 & FY2018 financial results for the period ended 31 December 2018. CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 31 DECEMBER 2018 $ million, unless otherwise stated Q4 2018 Q3 2018 Change, %…
February 5, 2019 Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) announced today that it will form a joint venture with PAO Severstal to build a welded pipe plant to produce OCTG products in the Surgut area, West Siberia, Russian Federation. Tenaris will have a 49% interest in the joint venture…
February 5, 2019 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, has published its Annual Report for the year ended 31 December 2018 on the Company’s corporate website. The full report is available at: https://www.severstal.com/files/23787/Annual_report_2018.pdf
February 4, 2019 PAO Severstal (“Severstal”; “the Company”), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its capital investment programme for 2019. In like with previous announcements, Severstal plans to invest approximately 95.7 billion rubles in 2019, focusing on the key areas of the Company’s updated strategy disclosed during…
February 4, 2019 The Board of Directors of Severstal (“Severstal”, “the Company”) (LSE: SVST; MICEX-RTS: CHMF), one of the world’s leading vertically integrated steel and steel-related mining companies, is recommending a dividend of 32.08 roubles per share for the three months ended 31 December 2018. Approval of the dividend is expected at the Company’s AGM…
In 2018, RN-Bunker, a subsidiary of Rosneft Oil Company, increased its bunker oil sales by 10% year-on-year to 3.2 million tonnes. The increase in the bunker oil sales volumes was due to the Company’s efficient operations, customer service expansion and cooperation development with major foreign and Russian consumers, including those in the Far East ports.…
February 1, 2019 PAO Severstal, one of the world’s leading vertically integrated steel and mining companies, announces that its venture capital division, Severstal Ventures, has been awarded Entrant of the Year at the Global Corporate Venturing Awards. The awards ceremony was held on January 30, 2019 at the Glibak Corporate Venturing and Innovation Summit in…
The Federal Environmental, Industrial and Nuclear Supervision Service of Russia (Rostechnadzor) has granted a license to Rosenergoatom Joint-Stock Company (a part of the Electric Power Division of the ROSATOM) to operate the 1st power block of the Bilibino NPP, which has now been stopped for decommissioning, in a no-generation mode. The license is valid for…
On the 18th of July 2016 Deputy Director General of ROSATOM Nikolai Spasskiy had a meeting with Deputy Director General for Nuclear Safety and Security of the IAEA Juan Carlos Lentijo. The meeting was also attended by Permanent Representative of the Russian Federation to the International Organizations in Vienna Vladimir Voronkov and Deputy Chairman of…
In 2018, FSUE Atomflot’s nuclear icebreakers steered 331 ships of a total gross capacity 12.7 mln tons. As compared to 2017, the capacity of steered ships increased by 5 mln tons. With that, the number of steering operations decreased (last year it was 493 ships) due to completion of the active phase of construction in…
In 2018, FSUE Atomflot’s nuclear icebreakers steered 331 ships of a total gross capacity 12.7 mln tons. As compared to 2017, the capacity of steered ships increased by 5 mln tons. With that, the number of steering operations decreased (last year it was 493 ships) due to completion of the active phase of construction in…
January 30, 2019 saw the completion of concrete works for the Unit No. 1 of Rooppur NPP (Bangladesh) turbine hall foundation slab. The slab structure received 3813 tonnes of rebars and 24,285 cubic meters of concrete. This will be followed by wall erection works for the Unit No. 1 reactor building and auxiliary reactor compartment.…
In 2018, gas output at the Zohr project, which is being developed by the consortium of Eni, Rosneft, BP, and Mubadala together with Egyptian oil and gas companies, totalled 12.2 bcm. Moreover, in H2 2018, the production increased almost four times compared with the result of H1 2018, which amounted to 3.1 bcm of gas.…
Background In 2018, Gazprom’s gas deliveries to the Republic of Moldova totaled 2.9 billion cubic meters of gas, an increase of 8.4 per cent against 2017 (2.7 billion cubic meters). The contracts between Gazprom and Moldovagaz for gas supplies to and gas transit across Moldova are valid until the end of 2019. Moldovagaz is a joint Russian-Moldovan company set up by Gazprom, the Moldovan Government, and the Ministry of Industry…
A new contract sales high of RUB 93 bln with a total of over one million sqm in 2018 reflecting a strengthened competitive position and balanced portfolio St. Petersburg, Russia – 28 January 2019 – PJSC LSR Group (“LSR” or the “Company”) (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and…
PJSC LSR Group (“LSR” or the “Company”) (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces that it has made the seventh coupon payment on its non-convertible interest-bearing certified exchange-traded Series 001P-02 bonds. A payment of RUB 120,300,000 has been made to the bearer with…
Polymetal International plc has been contacted by Public Joint Stock Company Bank Otkritie Financial Corporation (“Otkritie”), a shareholder having 6.93% shares in the issued capital of the Company, indicating that it would like to propose a director for appointment to the Board of Polymetal. The directors have considered Otkritie’s intention and believe it to be…
Miratorg increased feedstuff production by 4.7% to 1.53 million tons in 2018 Belgorod, January 29 – «Miratorg», the largest vertically integrated agricultural holding in Russia, reports increase in feedstuff production by 4.7% to 1.53 million tons in 2018 year on year. The company has already invested over 7.6 billion rubles to build from the scratch…
Paris, France – Andrey Guryev, member of the Commission of the Russian Federation for UNESCO and CEO of PhosAgro, one of the world’s leading producers of phosphate-based fertilizers, took part in the official opening ceremony of the International Year of the Periodic Table held today at UNESCO headquarters in Paris, which took place with PhosAgro’s support.…
Background OMV AG is Gazprom’s main partner in Austria. The companies cooperate in gas production, transportation and supplies. Since 2017, OMV has been partnering with Gazprom in the Yuzhno-Russkoye oil, gas and condensate field development. In June 2018, an Agreement was signed to extend until 2040 the existing contract between Gazprom Export and OMV Gas Marketing & Trading GmbH for Russian gas supplies to Austria. In November 2018, an Amendment to the contract on gas supplies to Austria…
First Russian-made experimental nuclear fuel assemblies based on accident-tolerant fuel (ATF) have been loaded for testing into the water loops of MIR research reactor at the State Research Institute of Atomic Reactors in Dimitrovgrad, Ulyanovsk Region. This work is a part of the project of TVEL Fuel Company of ROSATOM to develop Russian accident tolerant…
Investment in Russia’s commercial real estate reportedly hit six-year highs last year in a sign of the once-booming market’s recovery from geopolitical tensions. Foreign investment in Russian real estate took off in the 2000’s to reach 62 percent of all investment in the market between 2004 and 2008. Investment sentiment suffered after 2014 with Western…
TVEL Fuel company of ROSATOM and the Department of Atomic Energy of the Government of India signed the contract for supplies of uranium fuel pellets for the units of Tarapur NPP powered by BWR reactors. According to the contract, in 2019, several tons of the pellets produced by Machine-building Plant (MSZ JSC), a fabrication facility…
TVEL Fuel company of ROSATOM and the Department of Atomic Energy of the Government of India signed the contract for supplies of uranium fuel pellets for the units of Tarapur NPP powered by BWR reactors. According to the contract, in 2019, several dozen tons of the pellets produced by Machine-building Plant (MSZ JSC), a fabrication…
Release January 24, 2019, 17:10 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Valery Limarenko, Acting Governor of the Sakhalin Region, took place in St. Petersburg today. The parties reviewed the implementation of the Cooperation Agreement, noting the strategic nature of interactions between Gazprom and the Government of the Sakhalin Region. As part of the Eastern Gas Program, the Company is developing…
Davos – Andrey Guryev, President of the Russian Association of Fertilizer Producers and CEO of PhosAgro, one of the world’s largest producers of phosphate-based fertilizers, took part in a panel session called ‘The Russian Economic Outlook’, which took place at Russia House as part of the business programme at the 49th Annual Meeting of the…
Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that an Extraordinary General Meeting of shareholders (“EGM”) has approved the payment of dividends in the amount of RUB 9,324 million, or RUB 72 per share (RUB 24 per Global Depositary Receipt), from the Company’s undistributed net…
On the 21st of December 2018 ROSATOM handed over the final report on the assessment of nuclear infrastructure in the Republic of Zambia to Minister of Higher Education of the country, Professor Nkandu Luo and Secretary to the Cabinet Ph.D. Roland Msiska. The report was handed over under the contract for assessment and development of…
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Moscow – Two of the world’s leading producers of phosphate-based fertilizers, Russia’s PhosAgro and Saudi Arabia’s Ma’aden, discussed prospects for cooperation on key issues related to the sustainable development of the mineral fertilizer industry and on meeting the needs of the agriculture industry for high-quality phosphate-based fertilizers with low levels of potentially-harmful heavy metals, and…
Background Japan’s Mitsui & Co., Ltd. (Mitsui) is one of the world’s most diversified corporations. Its major business areas include the marketing of, and investing in, oil and gas production and processing, as well as energy infrastructure development. Gazprom and Mitsui are partners in the Sakhalin II project, which includes Russia’s first LNG plant. The Sakhalin II operator is Sakhalin Energy Investment Company…
Moscow – Andrey Guryev, President of the Russian Association of Fertilizer Producers and CEO of PhosAgro, one of the world’s largest phosphate-based fertilizer producers, will participate in the World Economic Forum’s 49th Annual Meeting on 22–25 January 2019 in Davos, Switzerland. The Russian government delegation to the World Economic Forum will be headed by the…
Background Gazprom Dobycha Urengoy, a wholly-owned subsidiary of Gazprom, was set up to develop the Urengoyskoye oil, gas and condensate field, one of the largest in the world. Its production infrastructure consists of 22 comprehensive gas treatment units, two oil production sites, 20 booster compressor stations, five gas cooling stations, more than 2,800 production wells, two compressor stations for the utilization of associated petroleum gas, and a pump station for…
Nayara Energy Limited, 49.13% of which is held by Rosneft Oil Company, works on a milestone development programme for its Vadinar refinery. The first stage involves the organization of production of petrochemical products and a foray into Indian petrochemical market. The first phase of the Vadinar refinery development programme includes construction of new units to…
Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has joined the United Nations Global Compact. Launched in 2000, the Global Compact is the UN’s largest international initiative for business in the areas of corporate social responsibility and sustainable development. Since its establishment, more than 13,000 companies…
January 18, 2019 Q4 2018 GROUP HIGHLIGHTS Hot metal output decreased 3% q/q in Q4 2018 to 2.23 mln tonnes (Q3 2018: 2.31 mln tonnes), due to BF#2 short-term maintenance works. Crude steel production declined by 4% to 2.94 mln tonnes (Q3 2018: 3.06 mln tonnes) reflecting a decrease in pig iron production and seasonal…
Release January 17, 2019, 21:10 Denis Vasyukov has been appointed Director General of Gazprom Transgaz Krasnodar. Denis Vasyukov was born in 1977 in Kemerovo. He graduated from Tomsk Polytechnic University, majoring in Machine-Building Technologies. He has an MBA. He has been employed with Gazprom for over 16 years. Between 2002 and 2010, he rose through the ranks from Dispatcher to Chief Engineer – First Deputy Director of the Yurginskoye…
On January 17, 2019, during the visit of the Russian Federation President Vladimir Putin to the Republic of Serbia, a package of agreements was signed in Belgrade. It creates a legal foundation for the practical implementation of joint projects in the field of nuclear energy use for peaceful purposes: an intergovernmental agreement on cooperation in…
Release January 17, 2019, 18:45 Alexey Miller, Chairman of the Gazprom Management Committee, and Dusan Bajatovic, Director General of Srbijagas, signed today in Belgrade, Republic of Serbia, a Memorandum of Understanding on the advancement of the expansion project for the Banatski Dvor underground gas storage (UGS) facility. The signing ceremony took place in the presence of Vladimir Putin, President of the Russian Federation, and Aleksandar Vucic, President of the…
TVEL Fuel Company of ROSATOM has supplied a range of nuclear fuel components for ETTR-2 research reactor in Egypt. The items were manufactured by Novosibirsk Chemical Concentrates Plant (NCCP PJSC, an enterprise of TVEL Fuel Company), which is the key Russian producer of nuclear fuel for research reactors. The shipments have been carried out under…
Rosneft Deutschland GmbH, a Rosneft subsidiary, started direct marketing operations in order to increase the efficiency. The company implemented marketing of all refined products produced by Rosneft Deutschland at three refineries in Germany where the company is a shareholder. The products range includes gasoline, diesel, heating oil, jet fuel, LPG, bitumen, fuel oil and petrochemical…
Specialists from RN-UfaNIPIneft, a facility of Rosneft’s corporate Research and Development Complex, have completed their work on creation of the first industrial model of RN-SIGMA corporate software solution designed for geomechanics modelling when drilling. The software allows Company’s engineers expanding their application of geomechanics for borehole stability calculation and reducing the risks during drilling of…
January 15, 2019 Izhora Pipe Mill (IPM, part of PAO Severstal) is to produce and supply over 11 thousand tons of large diameter pipes for the Poland–Slovakia Gas Interconnection project, which will become part of the EU energy infrastructure priority corridor North–South gas interconnections in Central Eastern and South Eastern Europe (NSI East Gas). IPM…
In the second six-month period of 2018, Zvezda Shipbuilding Complex’s portfolio of orders grew by 42 percent, and currently Zvezda has contracts for construction of 37 vessels. Zvezda’s anchor customer is Rosneft, which placed an order for 26 vessels, including 12 Arc6 and Arc7 ice-class tankers, 4 ice-class multi-purpose support vessels, and 10 Aframax tankers.…
TVEL JSC and Chinese company CNLY (a part of CNNC corporation) have signed the contract for supply of nuclear fuel for CFR-600 fast-neutron reactor which is currently under construction. The contract covers the initial loading of nuclear fuel, as well as supplies for refueling during the first seven years of the reactor operation. New manufacturing…
TVEL JSC and Chinese company CNLY (a part of CNNC corporation) have signed the contract for supply of nuclear fuel for CFR-600 fast-neutron reactor which is currently under construction. The contract covers the initial loading of nuclear fuel, as well as supplies for refueling during the first seven years of the reactor operation. New manufacturing…
In 2018, Russian nuclear power plants (branches of Rosenergoatom) set a new electricity production record which is 204.275 bln kilowatt-hours, accrued cumulative output and exceeded achievement of 2017 (202.868 bln kWh) by more than 1.4 bln kWh. The FAS balance over 2018 was fulfilled by 101.46% with the planned indicator of 201.334 bln kWh. Kalinin…
The Rosenergoatom Joint-Stock Company, the NTI Energynet and the Center for Strategic Research “North-West” Foundation (the infrastructure center of Energynet) have entered into a cooperation agreement to work jointly on developing the digital (intelligent) electric power in Russia and implementing the Roadmap introduced by Energynet the National Technological Initiative, including the areas of establishing and…
Background Gazprom Dobycha Irkutsk, a wholly-owned subsidiary of Gazprom, operates gas and gas condensate production and treatment facilities and acts as the design and construction customer for the pre-development of hydrocarbon fields in the Irkutsk Region, with Gazprom acting as the license holder. The Kovyktinskoye gas and condensate field (with Gazprom Dobycha Irkutsk appointed in 2011 as its development operator), along with the Chayandinskoye oil, gas and condensate field…