Sunday, May 5, 2024
Russia's finance ministry may use the National Wealth Fund (NWF) to lend money for the construction of a nuclear power plant in Egypt starting from 2020 or 2021, First Deputy Prime Minister Anton Siluanov told reporters on Thursday, according to Gulf Today. Siluanov, who is also finance minister, said Russia...
Gazprom has never denied the possibility of direct contracts with Ukraine on gas supplies, this is a matter of negotiations and expediency, the press secretary of the Russian President, Dmitry Peskov said. Since November 2015, Ukraine has stopped direct purchases of gas from Russia, but it receives Russian gas through...
А European Union committee on June 20 decided to postpone the discussion of amendments to the EU gas directive before the tripartite talks between Russia, Ukraine and the EU on extending the Ukrainian gas transit contract, two sources close to its participants told Vedomosti. The gas directive is one of...
The coronavirus outbreak and warmer-than-average winter season in Europe may push Russian natural gas exports down by 16 percent this year, Russia’s National Rating Agency (NRA) has warned, RT reported. Global demand for blue fuel may contract between four and five percent in 2020 compared to the previous year, marking...
For the first time in more than a year, global oil prices dropped under $50 a barrel Thursday as Russia sent signals it would not commit to new OPEC-led supply cuts, while U.S. crude reserves continued to grow, Bloomberg reports. Oil futures plunged as much as 1.8% in New York,...
Despite high global oil prices aiding Russia’s budget, the rally also has another side which affects the economy: the country’s authorities are forced to borrow more in domestic currency, Bloomberg reports. Last week, it was reported that the country’s budget is now on track for its first surplus since 2011,...
The Russian government has not ruled out the prospect of prohibiting gasoline exports, but this would be done only if the situation with wholesale prices on the exchange worsens, according to Deputy Prime Minister Alexander Novak on Tuesday, TASS reports. "I would like to call your attention to the fact...
The first power unit of the Belarusian Nuclear Power Plant (NPP) has reached 100% capacity, the press service of the Belarusian Energy Ministry said on Wednesday, TASS writes. "The first power unit of the Belarusian Nuclear Power Plant achieved the rated capacity level on January 12 at 19:57 pm (coinciding...
The China National Nuclear Corporation (CNNC) will invest into the construction of a uranium mine in the Transbaikal Region in East Siberia for a 49% stake in the joint venture and 600 tonnes of uranium per year, according to RBC. Russia’s state-owned nuclear energy corporation Rosatom has been unable to...
Russian President Vladimir Putin and Turkey's Recep Tayyip Erdogan vowed Wednesday to improve cooperation as they launched the construction of a new reactor at Turkey's first nuclear power plant, The Moscow Times reported. The two leaders each pressed a button on their office desks in Moscow and Ankara in a...