Gazprom’s financial statements under International Financial Reporting Standards (IFRS) for 2020

April 29, 2021, 10:00 IFRS results 2020 Today PJSC Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2020. The table below presents the main items of the consolidated statement of comprehensive income prepared in accordance with IFRS for the years ended December 31, 2020 and December 31,…

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Notice of Gazprom’s Investor Day live webcast

April 28, 2021, 21:05 On April 29, Gazprom’s Investor Day event will be webcast live. The live broadcast will start at 03:00 pm Moscow time (08:00 pm in Singapore, 01:00 pm in London, 08:00 am in New York) at gazprom.ru and gazpromvideo.ru, as well as the Company’s pages on YouTube, Twitter, and Facebook. Investor Day participants: Alexey Miller, Chairman of the Management Committee, Gazprom; Oleg Aksyutin, Deputy Chairman of the Management Committee – Head…

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Russia to Invest $11B in Volatile Central African Republic’s Reconstruction – Minister

Russia could invest $11 billion in reconstruction projects in the mineral-rich Central African Republic, where rebel violence has led to mass displacement and Russian mercenaries are widely reported to be providing security services to the embattled military, a government official has said. Moscow has since 2018 expanded its diplomatic and financial activities in the former…

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Is Russia Entering a Third Coronavirus Wave?

The Kremlin has denied keeping secret statistics on the number of coronavirus cases in Russia, after Bloomberg reported government officials warning a third wave of the pandemic has already hit the country. The newswire on Wednesday quoted two unnamed government sources saying “unofficial statistics” painted a different picture from that presented by Russia’s coronavirus task…

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Russia Restricts Navalny Anti-Corruption Group’s Work Ahead of ‘Extremist’ Ruling

A Moscow court has restricted the work of jailed Kremlin critic Alexei Navalny’s Anti-Corruption Foundation (FBK) ahead of its ruling to blacklist the group, the state-run RIA Novosti news agency reported Tuesday.  The Moscow City Court will this week decide whether to designate FBK and Navalny’s regional offices as “extremist” organizations, a move that would…

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Russia Out to ‘Kill’ Popular News Site Meduza With ‘Foreign Agent’ Label, Editors Say

Popular Russian independent news website Meduza said Monday that authorities are attempting to “kill” it with an onerous foreign agent designation that will strip it of advertising revenue and put employees at risk of jail time. The Justice Ministry declared Meduza, one of the country’s most-read news outlets, a “foreign agent” on Friday. The designation,…

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UK Announces Global Magnitsky Sanctions

Britain announced its first sanctions under a new global anti-corruption regime on Monday, freezing assets and imposing business restrictions on 22 individuals from Russia, South Africa, Sudan and Latin America. Those sanctioned include 14 people allegedly involved in the diversion of $230 million of Russian state property through a fraudulent tax refund scheme uncovered by…

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Severstal acquires 20% stake i costructio pipe plat, stregtheig positio i domestic ad export markets

April 27, 2021 PAO Severstal, one of the world’s leading vertically integrated steel and mining companies, announces that it has received permission from the Federal Antimonopoly Service of Russia (FAS) to acquire a 20% stake in LLC Production Association Nizhne-Volzhsky Pipe Plant (NVTZ), a large pipe enterprise located in Volzhsky in the south of Russia.…

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Putin Says Prague’s Accusations Against Russia ‘Absurd’: Kremlin

President Vladimir Putin on Monday dismissed as “absurd” Prague’s accusations against Moscow after Czech authorities accused the Russian secret services of being behind a deadly arms depot blast in 2014. In a phone call with French President Emmanuel Macron, Putin “commented on the current state of Russian-Czech relations, emphasizing the absurd nature of Prague’s accusations…

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Discover Painter Ilya Repin Anew

Ilya Repin is best known as a realist painter, whose portraits of writer Leo Tolstoy and canvases such as “Barge Haulers on the Volga” and “Reply of the Zaporozhian Cossacks” represented Russia to the world. But the show “Ilya Repin: Known and Unknown” at the State Tretyakov Gallery invites you to forget all that —…

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Russia Orders Navalny Group to Suspend Activities

Russian prosecutors on Monday suspended the activities of Alexei Navalny’s regional offices, in a move his team said would essentially shut down the jailed opposition figure’s decade-long movement against President Vladimir Putin. The order came as a court began considering whether to designate Navalny’s Anti-Corruption Foundation (FBK) and his regional offices as extremist organizations, putting…

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ROSATOM and EDF Group join forces to develop green hydrogen strategy

ROSATOM, a global technological leader, and the EDF Group, the world leader in low-carbon energy solutions, signed a strategic cooperation agreement to develop green hydrogen in Russia and Europe. In particular, the EDF and ROSATOM agreement aims to develop initiatives in the sectors of mobility and industrial complex decarbonisation, and anticipates research and development cooperation…

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Airat Ishmurzin put in charge of Gazprom Pererabotka

April 26, 2021, 16:25 Airat Ishmurzin has been elected Director General of Gazprom Pererabotka. Airat Ishmurzin was born in 1972. He graduated from Kazan State Technological University, majoring in Chemical Technology of Natural Fuels and Carbon Materials. He has a PhD degree in Engineering. He has been employed with Gazprom for 26 years. Between 1995 and 2008, he rose through the ranks from Process Unit Operator to Chief…

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Russia Expels Italian Diplomat in a Tit-For-Tat Move: Ministry

Moscow announced Monday it was expelling an Italian diplomat in response to the “unfriendly” removal of two Russian officials from Italy in March over spying allegations.  The foreign ministry said it had summoned Italy’s ambassador and that he was informed Russia was “declaring ‘persona-non-grata’” Rome’s naval attache in Moscow, who would have 24 hours to leave the…

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Russia Launches New Batch of U.K. Telecom Satellites Into Space

A Soyuz rocket blasted off from the Vostochny cosmodrome in Russia’s Far East on Monday carrying 36 U.K. telecommunications and internet satellites, the Roscosmos space agency said.  OneWeb, a London-headquartered company, is working to complete the construction of a constellation of low earth orbit satellites providing enhanced broadband and other services to countries around the…

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Russia Declares Independent News Site Meduza a ‘Foreign Agent’

Russia has declared the leading independent news website Meduza a “foreign agent,” the Justice Ministry announced Friday amid what critics call the Kremlin’s continuing crackdown on free speech. A statement on the ministry’s website said the decision, which also includes the Moscow-based Pasmi (“First Anti-Corruption Media”) news site, was made “in compliance with the requirements…

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Minvostokrazvitiya, the Government of Sakhalin Region and ROSATOM signed the agreement concerning the cooperation in creation of the hydrogen cluster

On April 23 in Moscow the Ministry of Far East and Arctic Development, the Government of Sakhalin Region and ROSATOM signed the agreement of intention concerning the cooperation in the project “Creation and Development of the Hydrogen Cluster”. The document was signed by Minister of the Russian Federation for Far East and Arctic Development Aleksei…

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Putin Did Not Discuss Russia-Belarus Union With Lukashenko, Kremlin Says

President Vladimir Putin did not discuss anticipated unification between Russia and Belarus during late-night talks with his Belarusian counterpart Alexander Lukashenko, the Kremlin said Friday.  Lukashenko met Putin in Moscow days after he said his security services had thwarted a coup plot in Belarus, and the Russian president denounced Western silence about the claims. Their…

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Navalny Ends Prison Hunger Strike

Jailed Kremlin critic Alexei Navalny ended his three-week hunger strike Friday, saying it had resulted in “huge progress” and thanking his supporters. In a post on Instagram, Navalny said he was following the advice of his supporters and doctors, who had warned he could die “at any minute,” if he continued to refuse meals in…

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ROSATOM, Air Liquide and the Government of Sakhalin Region sign a Memorandum of understanding for low carbon hydrogen cooperation

Rusatom Overseas, a ROSATOM subsidiary, Air Liquide, a leading industrial gas producer, and the Government of the Sakhalin region have signed a Memorandum of Understanding stipulating the cooperation for a feasibility study that will explore the possibility of the development of low carbon hydrogen production in the Sakhalin region. The MOU is a first step…

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What’s On This Weekend

“The Cherry Orchard” at Mossoviet Film and theater director Andrei Konchalovsky has put on a trilogy of plays by Anton Chekhov at Mossoviet Theater, starting with “Uncle Vanya” in 2009, “Three Sisters” in 2012, and ending with “The Cherry Orchard” this year. “The Cherry Orchard” is something of a family affair, starring Konchalovsky’s wife, Yulia…

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Putin Says Russia Fulfilling Obligations to Fight Climate Change

President Vladimir Putin said Thursday that Russia, the world’s fourth-highest producer of carbon emissions, was committed to fulfilling its international obligations to combat climate change. Russia has set numerous heat records in recent years, with the first half of 2020 seeing the warmest temperatures since the country began weather observations. “Russia is approaching with complete…

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Coronavirus in Russia: The Latest News | April 22

Russia has confirmed 4,736,121 cases of coronavirus and 107,103 deaths, according to the national coronavirus information center. Russia’s total excess fatality count since the start of the coronavirus pandemic is above 422,000. April 22: What you need to know today Russia on Thursday confirmed 8,996 new coronavirus cases and 397 deaths. Egyptian firm Minapharm announced Thursday it will produce 40…

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