Construction of the Northern Latitudinal Railway (NLR) - a new railway line in Russia’s Far North region of Yamalo-Nenets, will help in improving the region’s transport and social situation, the Region’s Acting Governor Dmitry Artyukhov has said, according to Sever-Press.
The region is home to Russia’s largest liquid natural gas...
Russia has demanded compensation from the United States through the World trade Organization (WTO) for Washington’s decision to impose global tariffs on steel and aluminium, Reuters reported.
A WTO statement, circulated at the request of Moscow, describes Donald Trump administration's decision as a "safeguard measure" that under WTO rules should...
Moscow, Russia and Pakistan have signed a memorandum of understanding (MoU) on implementing a project to build an underwater gas pipeline from Iran to Pakistan and India, the Russian Energy Ministry said in a statement on Thursday, according to Neftegaz.ru.
"The memorandum provides for the identification of authorized organizations through...
Russia’s state-owned gas major Gazprom has ended the practice of awarding construction contracts to small businesses, which the company introduced almost two years ago, Interfax reports.
In 2017, the monopoly concluded a series of construction contracts worth around $236 million with three enterprises, in response to the government's demand to...
Housing construction and industry were the two prime growth drivers last month with volumes of the former up by 6.7% y/y (0.6% in March) and industrial production jumping by 4.6% y/y on higher oil and gas output and the calendar factor, BCS Global Markets said, commenting on the latest...
Ukraine’s Ministry of Economic Development and Trade lifted sanctions against the Russian coal supplier Yuzhtrans. The relevant order of December 28, 2017, was published in the electronic database of the ministry’s documents, Russian Tass agency reported.
Ukraine introduced sanctions against 18 Russian companies on October 30, 2017, including Yuzhtrans. The...
Arctic LNG 2 entered into long-term charter agreements on 14 Arc7 ice-class LNG tankers with SMART LNG (a joint venture between Novatek and Sovcomflot), with the construction of LNG tankers planned at the Zvezda Shipbuilding Complex, Novatek said in a statement on Monday, TASS writes.
The signing of charter agreements...
Turkish construction companies have expressed interest in transport projects in Russia which are part of the Comprehensive Plan for upgrade and expansion of the Russian mainline infrastructure by 2024, transport minister Yevgeny Ditrikh said on Friday at the Russian Investment Forum in Sochi.
"Our preliminary negotiations with Turkish companies highlighted...
One of the world’s largest coal companies, Russia’s SUEK, said it plans to sign an agreement with the authorities of the Khabarovsky region on the construction of the third stage of a large coal terminal, East Russia news agency reports.
JSC Daltransugol, a subsidiary of SUEK, will implement the deal,...
Less than a month before the start of the 2018 soccer World Cup in Russia, the country has finished all the stadiums needed for the matches played beginning May 29.
The final venue to open its doors and receive permission to host matches is in the city of Samara, in...
