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...
An ongoing dispute between two Azerbaijan-born real estate tycoons could become a new source of contention in the up-and-down relations between Moscow and Berlin, the International Policy Digest writes.
German-based businessman Ilgar Hajiyev alleges that his former partner, Moscow-based billionaire God Nisanov, illegally seized hundreds of millions of dollars in...
The two sides of a long-awaited bridge between Northeast China and the Russian Far East across the Amur River will be connected by the end of the week, Zvezda reported citing authorities.
Chinese authorities have ordered the construction of a customs and immigration facility for the bridge, which will serve as...
A division of Russia’s high-end S-400 missile defense system will take part in a military drill in Serbia, Reuters reported citing a statement from the Russian Defense Ministry.
According to the news agency, the move underlines Moscow’s wish to keep a traditional ally on side even as Belgrade pursues links with...
The company that built the controversial Kerch Strait bridge in Russia-occupied Crimea, Stroigazmontazh, is also ready to build a bridge to link Russia’s Far eastern island of Sakhalin and mainland, RBK reports.
Billionaire Arkady Rotenberg, chairman of the company’s board of directors, was speaking about the subject in an interview with the...
IPSCO, the U.S. unit of Russia’s largest producer of steel pipes for the oil and gas industry, TMK, is expected to benefit from new U.S. import tariffs on steel and aluminum imposed by President Donald Trump, the company said.
TMK said IPSCO did not import steel, so should benefit from...
The construction of a new coal terminal was expected to be completed this year, but a shipping source close to the project said this was likely to have been postponed until at least 2019.
Russia-based holding company Oteko is funding the construction of the terminal. Oteko did not respond to...
A deposit of basaltic porphyry, which may be used in construction, was discovered in the Nenets Region, the regional administration’s press service said on Thursday, TASS writes.
"A deposit of basaltic porphyry has been discovered in the Nenets Region," the press service said. "This stone will be used at the...
Russian engineering company Mosinzhproekt and the China Railway Construction Corporation (CRCC) plan to set up a joint venture for the construction of subways around the world, Moscow Deputy Mayor Marat Khusnullin has said, according to Interfax.
He said that several agreements have already been sealed with Chinese partners, particularly on the implementation of...
Construction of Egypt’s first nuclear power plant will begin in the next two to two-and-a-half years, the country’s officials said Sunday, according to Reuters.
The 4,800 megawatt (MW) capacity plant at Daba’a in the north of the country, to be built by Russia’s state nuclear corporation Rosatom, aims to be...
