PhosAgro 1Q 2019 Fertilizer Sales Rise by 5.2% y-o-y to 2.5 mln t

Moscow – PhosAgro (MOEX/LSE ticker: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, increased fertilizer production volumes by 1.2% year-on-year to 2.3 million tonnes in 1Q 2019. Sales volumes for the same period grew by 5.2% year-on-year to 2.5 million tonnes.  PhosAgro’s production and sales volumes are summarised in the tables below.…

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Putin Rides to Xi’s Rescue on Battered Silk Road as the West Stews

At the first Belt and Road summit in Beijing two years ago, Vladimir Putin offered little more than platitudes for Xi Jinping’s global infrastructure initiative, essentially calling China’s “project of the century” a welcome new plank in Russia’s own strategy for ending American hegemony. Since then, deep-pocketed Chinese companies have intensified their march across Asia, Africa…

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Head of FSB’s Secretive Unit Detained for Bribery – Reports

The head of Russia’s Federal Security Service (FSB) highly secretive branch has been detained on suspicion of large-scale bribery, the Kommersant business daily reported on Friday. Colonel Kirill Cherkalin headed the FSB economic security department’s financial counterintelligence support unit. The department played key roles in investigations surrounding former economy minister Alexei Ulyukayev, deputy prime minister…

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Rosatom supplied a large batch of germanium-76 isotope to Germany for the LEGEND international research project

A large consignment of germanium-76 isotope has been shipped to Germany under the contract between Isotope JSC and the Technical University of Munich. The batch was produced by PA Electrochemical Plant JSC (ECP, Zelenogorsk, Krasnoyarsk region; an enterprise of TVEL Fuel Company of Rosatom). Germanium-76 has been supplied for the joint international research collaboration LEGEND…

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Pushkin House Book Prize Short List

In Moscow on Thursday, the short list for the 2019 Pushkin House Book Prize was announced by Alexander Drozdov, executive director of the Yeltsin Presidential Center and a member of this year’s jury. The Prize has been awarded annually since 2013 to the best book of non-fiction about Russia or the Russian-speaking world written for…

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Gazprom and CNPC discuss pipeline gas supplies to China

Release April 25, 2019, 15:35 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of CNPC, took place today in Beijing, China. The meeting participants reviewed the development prospects of the Chinese gas market and the strategic aspects of cooperation between Gazprom and CNPC, paying particular attention to gas supplies. It was noted that…

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Ukraine Vote Shows ‘Total’ Policy Failure of Departing Leader – Putin

Outgoing Ukrainian President Petro Poroshenko’s policy has suffered a “total failure” which manifested in his election loss, Russian President Vladimir Putin said in first remarks on the Ukrainian vote. Poroshenko garnered 24 percent of the vote in the Sunday runoffs, behind television comedian and political novice Volodymyr Zelenskiy’s 73 percent. His defeat was seen as…

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Russian Ministry Moves to Ban Personal Imports of Parmesan and Jamon – Reports

Russia is considering banning certain meat and dairy products, including parmesan and jamon, over health concerns tied to infectious diseases, the Vedomosti business daily reported. Wholesale imports of fresh EU food products were banned in 2014 in retaliation to Western states imposing sanctions over Russia’s annexation of Crimea and support for separatists in eastern Ukraine.…

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Germany, Poland Halt Oil Imports From Russia Over Quality Concerns

Poland and Germany have suspended imports of Russian oil via a major pipeline, citing poor quality and triggering a rare crisis over supply from the world’s second-largest crude exporter. Halting imports from the Druzhba pipeline could trigger legal claims by Western buyers against Russian suppliers, who would in turn seek compensation from Russian pipeline monopoly Transneft, three traders…

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Russia’s Passport Offer to East Ukrainians Slammed in Kiev, Washington

President Vladimir Putin’s order simplifying the procedure for residents of separatist-controlled eastern Ukraine to obtain a Russian passport prompted condemnations from Kiev and the United States. Putin’s decree on Wednesday eases the path to Russian citizenship for an estimated 3.7 million people living in the self-proclaimed Donetsk  and Luhansk republics after five years of war…

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Gazprom to start building inter-settlement gas pipeline to Vostochny Cosmodrome in near future

Release April 24, 2019, 16:25 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vasily Orlov, Governor of the Amur Region, took place today in Moscow. It was noted that the Amur Region is an area of strategic interest for Gazprom, as the Power of Siberia gas pipeline passes through its territory. The pipeline will start delivering gas supplies from Russia to China on December 1,…

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Gazprom and VNG discuss development of Katharina UGS facility and sci-tech cooperation

Release April 24, 2019, 16:20 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ulf Heitmueller, Chairman of the Executive Board of Verbundnetz Gas (VNG), took place today in Moscow. The parties discussed their ongoing and future cooperation, in particular the interaction in the field of underground gas storage (UGS) in Germany. It was noted that the joint project for the development of the…

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Alexey Miller and German Ambassador Ruediger von Fritsch review progress of Nord Stream 2 project

Release April 24, 2019, 15:30 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ruediger von Fritsch, Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to the Russian Federation, took place today in Moscow. The parties discussed issues related to cooperation in the gas sector. It was noted that Germany is the largest importer of Russian gas in the world. In 2018, Gazprom’s…

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Joint Russia IAEA-NEM School for Managers in Nuclear Organizations concluded in Sochi

The joint Russia-IAEA Nuclear Energy Management School for Managers in Nuclear Organizations concluded in Sochi on  April 19. The objective of the NEM School was to support middle-level managers and decision-makers in the nuclear sector in enhancing managerial and technical competencies that are essential for establishing or expanding national nuclear energy programmes. This year hit…

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Reuters Corrects Story Saying Venezuela Is Avoiding U.S. Sanctions by Funneling Oil Sales Through Russia

Reuters has corrected a story it published on April 18 saying Venezuela is funneling cash flow from oil sales through Russian state energy giant Rosneft to evade U.S. sanctions after Rosneft threatened to ban the international news agency from operating in Russia. The story, datelined Mexico City, said Reuters had uncovered a scheme whereby Venezuelan…

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Putin’s Closest Ally Fears Takeover as Kremlin Plots Succession

President Vladimir Putin may look beyond Russia for a mechanism to keep power after his current term ends. That’s making Moscow’s closest ally nervous amid spiraling tensions over Kremlin threats to slash economic subsidies. After years of spending billions of dollars to support Belarus’s state-dominated economy, Russia is intensifying pressure on President Alexander Lukashenko to…

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First Russian Found Guilty Under ‘Disrespect’ of Authorities Law – Reports

Russian authorities have issued the first guilty verdict under a new law criminalizing “blatant disrespect” toward the authorities for online posts calling President Vladimir Putin an expletive. A Novgorod region court 570 kilometers northwest of Moscow found a local resident guilty and fined him 30,000 rubles ($470) Monday for posts calling Putin “a fantastic f——”…

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World’s only floating nuclear power unit to begin commercial operations in Russia

Murmansk, Russia – After a series of successful and comprehensive tests, including on its twin KLT-40 reactor system, the unique floating nuclear power unit (FPU) “Akademik Lomonosov” is ready to start commercial operations. The FPU’s reactors, No.1 and No.2, were successfully brought up to 100% capacity on the March 31. These tests confirmed the operational…

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World’s only floating nuclear power unit to begin commercial operations in Russia

Murmansk, Russia – After a series of successful and comprehensive tests, including on its twin KLT-40 reactor system, the unique floating nuclear power unit (FPU) “Akademik Lomonosov” is ready to start commercial operations. The FPU’s reactors, No.1 and No.2, were successfully brought up to 100% capacity on the March 31. These tests confirmed the operational…

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Putin Unveils World’s Longest Nuclear Submarine at Shipyard Ceremony

President Vladimir Putin has unveiled a submarine capable of carrying six thermonuclear warheads on Tuesday ahead of its deployment in 2020-2021. Russia’s naval submarine called “Belgorod” will be the world’s longest submarine ever built, measuring 184 meters, The Barents Observer has estimated. The Belgorod will be able to carry six underwater “Poseidon” drones, the state-run…

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Russian Auditor Finds $12Bln in Government Spending Violations

Russia’s public finance watchdog has uncovered 772.7 billion rubles ($12.12 billion) in government spending violations last year. The volume of total violations has decreased substantially from 1.87 trillion rubles in 2017 as detections increased by 43 percent, the RBC news website reported Tuesday. Procurement accounted for the highest share of budget violations at 294.6 billion…

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Russian Lawmaker Says Bans Are Freeing and Civil Rights Are Restrictive

An outspoken Russian lawmaker has turned heads for arguing that civil rights are restrictive, while bans are a form of freedom. Yelena Mizulina, who successfully lobbied for Russia’s 2012 “gay propaganda” law and spearheaded efforts to decriminalize domestic violence, made the statement in defense of recent internet restriction laws. On Monday, Russian senators backed tighter…

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On This Day: April 22, 1899

On this day in 1899, the writer Vladimir Nabokov was born in St. Petersburg. His father was a liberal politician; his mother a well-educated and cultured member of a prominent business family. He was the oldest of five children. He received his early education at home with governesses and tutors and then at a liberal…

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Putin Won’t Congratulate Zelenskiy On Ukraine Presidential Win, Kremlin Says

Russian President Vladimir Putin will not officially congratulate Ukrainian president-elect Volodymyr Zelenskiy on his landslide victory, the Kremlin said on Monday. Ukraine has entered uncharted political waters after near final results show Zelenskiy, a comedian, winning Sunday’s presidential election by a landslide, dramatically upending the political status quo in the ex-Soviet republic. It’s “too early”…

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Figure skating competition backed by Gazprom Dobycha Shelf Yuzhno-Sakhalinsk held in Sakhalin Region

Background Gazprom Dobycha Shelf Yuzhno-Sakhalinsk is a wholly-owned subsidiary of Gazprom focused on developing fields within the Kirinsky block, including the Kirinskoye and Yuzhno-Kirinskoye fields, as part of the Eastern Gas Program. By developing these reserves, the company will make a substantial contribution to meeting the energy demand of Russia’s Far East and creating opportunities for natural gas exports to Asia-Pacific. A subsea production system is used for the…

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Kovyktinskoye field right on track for commercial production

Release April 22, 2019, 15:00 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Sergey Levchenko, Governor of the Irkutsk Region, took place today in St. Petersburg. The parties highlighted the strategic nature of the ongoing cooperation. Gazprom continues to make extensive efforts in the region to shape the Irkutsk gas production center on the basis of the Kovyktinskoye field. Work is proceeding on schedule…

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ROSATOM, WorldSkills Russia and BCG join forces to help solve urgent ‘skills gap’ issue

15th April 2019, Sochi, Russia – During the 11th Atomexpo International Forum, ROSATOM  unveiled the new “Mission: Talent” initiative together with its partners, WorldSkills Russia and BCG, aimed at dealing with one of the most pressing issues of our time: the growing skills gap and talent deficit. As part of the ‘Mission: Talent’ initiative, the…

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