Cooperation in Field of Back-End is Subject of German-Russian Dialogue

On March 18, 2019, in Berlin, Germany, a seminar “Perspectives for German-Russian Nuclear Safety Science Cooperation” took place.  The seminar was organized under the auspices of German Eastern Business Association with participation of TENEX. The Russian delegation comprising representatives of ROSATOM State Corporation, TENEX, JSC “Science and Innovations”, FSUE “National Operator for Radioactive Waste Management”,…

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Gazprom and Lukoil discuss implementation of General Agreement on Strategic Partnership

Background Gazprom and LUKOIL are bound by the 2014–2024 General Agreement on Strategic Partnership, pursuant to which, among other things, LUKOIL supplies gas into Gazprom’s gas transmission system. In October 2015, Gazprom’s Sosnogorsk GPP started to receive associated petroleum gas from the northern group of fields developed by LUKOIL-Komi. Prior to the start of those deliveries, Gazprom and LUKOIL implemented a joint project for rearranging…

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Corruption in Russia’s Military Quadrupled in 2018, Prosecutors Say

Corruption in Russia’s military has quadrupled to 7 billion rubles ($109.8 million) last year, the top federal military prosecutor said on Thursday. Russia ranks among the world’s most corrupt countries in international ratings, with corruption-related crimes costing an estimated $2.5 billion in damages between 2014 and 2017. Observers have said that anti-graft campaigns under President Vladimir Putin’s rule have brought little progress. “The crimes in…

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A New Look at the Last Tsar

Last year, the 100th anniversary of the execution of the last members of the Romanov dynasty passed in Russia without much official attention. The exception was in Yekaterinburg, where the family was killed and where thousands of pilgrims gathered to mark the day of their murder. But in Moscow the State Historical Museum has been…

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Life Expectancy in Russia Inches Upward to 73

Average life expectancy in Russia has reached 73 years, a top health official said on Thursday. Russia plans to spend 1.7 trillion rubles ($26.68 billion) on dramatically improving health care to accomplish President Vladimir Putin’s goal of raising life expectancy to 78 years by the time his term ends in 2024. Average life expectancy rose…

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Ukraine Targets Russia’s En+ With New Sanctions

Ukrainian President Petro Poroshenko on Wednesday signed a decree broadening sanctions against Russian companies and citizens to include aluminum and power producer En+ Group and several other Russian firms. Kiev imposed sanctions against some Russian firms and individuals in response to Russia‘s annexation of Crimea in 2014 and its support for a pro-Moscow insurgency the east of Ukraine. Wednesday’s…

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Alexey Miller and Dmitry Artyukhov discuss current issues of cooperation between Gazprom and YaNAA

Release March 20, 2019, 20:40 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Artyukhov, Governor of the Yamal-Nenets Autonomous Area (YaNAA), took place today at the Bovanenkovskoye field. The parties expressed appreciation for the large-scale cooperation between Gazprom and the YaNAA. It was noted that the Company is rapidly developing the Yamal gas production center. In late 2018, the Bovanenkovskoye field,…

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Russia Drops Further in World Happiness Index – UN

It’s not all smiles for Russia as it slips down the global happiness rankings for a third consecutive year, according to an annual UN report published on Wednesday. The World Happiness Report ranks 156 countries by variables that support well-being, including GDP per capita, social support, healthy life expectancy, social freedom, generosity and absence of corruption.…

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Putin Kicks Off Massive New Gas Field in Russia’s Arctic

President Vladimir Putin has kicked off the full-scale development of one of Russia’s largest proven gas fields in the Yamal peninsula, the Kremlin reported on Wednesday. The Kharasaveyskoye gas field is located in the Yamal-Nenets autonomous district, a key gas-producing region in an economy that heavily relies on gas exports. This month, Russia’s Natural Resources…

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Can Urban Renewal Plug Russia’s Brain Drain?

This article appeared in our special “Russia in 2019” print issue. The road to “New Life” is bumpy. Only recently opened, the entrance to the apartment complex in Belgorod, a provincial city on the border with Ukraine, has yet to be paved. Already, though, young mothers can be seen pushing strollers along bike paths as their toddlers scramble over Danish playground…

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PhosAgro 4Q18 EBITDA grows 51% YoY to RUB 18.6 bln

Moscow – PhosAgro (“PhosAgro” or “the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, today announces its consolidated IFRS financial results for the three months (4Q) and 12 months (FY) ended 31 December 2018.  Revenue in 4Q 2018 rose by 30% year-on-year to RUB 59.4 billion (USD 893…

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Full-scale development of Kharasaveyskoye field starts in Yamal Peninsula

Release March 20, 2019, 12:45 Photos A ceremony was held today in the Yamal-Nenets Autonomous Area to mark the launch of full-scale development of the Kharasaveyskoye field. Attending the event were Alexey Miller, Chairman of the Gazprom Management Committee, Dmitry Artyukhov, Governor of the Yamal-Nenets Autonomous Area, and heads of Gazprom’s relevant subdivisions and subsidiaries. Vladimir Putin addressed the event participants in his opening speech via a conference call. The Kharasaveyskoye…

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U.S.-Russia Talks on Venezuela Stall Over Role of Maduro

High-level U.S.-Russian talks on how to defuse Venezuela’s crisis ended on Tuesday with the two sides still at odds over the legitimacy of President Nicolas Maduro. Russia has said Maduro remains the country’s only legitimate leader whereas the United States and many other Western countries back Juan Guaido, head of the opposition-controlled National Assembly who…

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Mock Moon Flight Experiment Begins in Russia

Six volunteers from Russia and the United States locked themselves up for four months on Tuesday (March 19) for a space experiment ahead of the 50th anniversary of the first Moon landing. Three males and three females are participating in the SIRIUS-19 isolation study, in which they will live, work and research in isolation from the rest of the…

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«Expert RA» assiged «Severstal» ratig to ruAAA

March 20, 2019 According to the agency, the «Expert RA» rating agency assigned the credit rating of the non-financial company Severstal to ruAAA, which corresponds to the highest level of solvency/financial reliability/ financial stability according to the national scale. The rating outlook is stable. The Expert RA credit rating has been assigned to Severstal for…

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Severstal lauches SteelTech Accelerator with Global Veture Alliace

March 20, 2019 PJSC Severstal and Global Venture Alliance (GVA) announce the launch of Severstal SteelTech Accelerator – Russia’s first full-scale industrial accelerator for start-ups in the metallurgical industry. Severstal SteelTech Accelerator’s main goal is to find innovative solutions in the industrial sector which can be successfully integrated into Severstal’s production cycle. The window for…

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NGV fuel becoming increasingly popular in Russia

Release March 19, 2019, 19:40 The Gazprom Board of Directors took note of the information about the work being done by the Company to promote natural gas (methane) as a vehicle fuel. It was stressed that wider use of NGV fuel was one of Gazprom’s strategic thrusts in the domestic market. The Company is involved in the NGV refueling infrastructure development, cooperates with manufacturers of natural gas-powered machinery and refueling…

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Board of Directors reviews progress of major investment projects

Release March 19, 2019, 19:35 The Gazprom Board of Directors expressed its approval the Company’s ongoing work on its major investment projects. One the Company’s current priorities is the Eastern Gas Program. Gazprom is gearing up for the launch of pipeline gas supplies to China that is scheduled for December 1, 2019. The work on the Power of Siberia pipeline is ahead of schedule. At present, the construction of the pipeline between Yakutia and the…

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Russian Navy Shows Off Ships For Day of Submariner

The Russian Navy has shared a video of a new Borey-style nuclear ballistic missile submarine for the Day of the Russian Submariner, celebrated in Russia on March 19. Vladimir Korolev, commander-in-chief of the Russian Navy, congratulated submariners on their professional holiday, adding that Russia’s submarine program is being actively developed, the Izvestia news website reported. Navy…

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Russia’s Political Prisoners, in Photos

Nearly 200 people are currently being held as political prisoners in Russia, the Memorial Human Rights Center has estimated. “There are civil and political activists who are pursued because of their activity, and those jailed for exchanging scientific information or reposting in social networks,” Memorial, one of Russia’s oldest and most prestigious human rights organizations,…

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The Long And Winding Road to U.S. Special Counsel’s Russia Report

Special Counsel Robert Mueller, examining potential conspiracy between President Donald Trump’s 2016 campaign and Russia, is leading the latest in a series of U.S. investigations conducted by prosecutors outside usual Justice Department channels in recent decades. The release of the findings by previous investigators analogous to Mueller has been handled differently over the years, sometimes with…

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Director Marlen Khutsiev Has Died

Marlen Khutsiev, one of the Soviet Union and Russia’s most innovative and beloved film directors, died on Tuesday morning at the age of 93. Khutsiev was born in Tiflis (now Tbilisi, Georgia) in 1925. His father (ne Khutishvili) was a communist with a pre-Revolutionary socialist pedigree, who, after serving in high positions within the Soviet…

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Moscow Nose-Dives in Global Living Cost Rankings

Moscow’s cost-of-living ranking has plummeted over the past year in comparison to other cities worldwide, the Economist Intelligence Unit’s Worldwide Cost of Living survey has found. The decrease in living costs is linked to high inflation and currency deprivation, the survey reported. The Russian capital has fallen 16 places from 86th to 102nd in the…

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Alexey Miller and President of Serbia Aleksandar Vucic discuss main areas of cooperation

Release March 19, 2019, 12:20 A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Serbia today. As part of the visit, Alexey Miller met with Aleksandar Vucic, President of the Republic of Serbia, in Belgrade. The parties discussed the main areas of their cooperation, focusing, in particular, on the beginning of the construction of the Pancevo TPP which is going to become the first combined cycle…

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