Russian power company Rosseti Group will allocate 1.1 trillion rubles ($17.19 billion) to the investment program in 2020-2024, the company’s CEO Pavel Livinsky said on Saturday, according to TASS.
"The approved investment program for the five-year period from 2020 to 2024 reaches 1.1 trillion rubles. It takes into account all...
Russian energy giant Gazprom has set its sights on ramping up gas production in Bangladesh and has signed agreements with Bangladeshi state-run companies Petrobangla and Bangladesh Petroleum Exploration & Production Company Limited (BAPEX), Kommersant reports.
The move signals that the Russian energy giant apparently seeks to launch direct gas supplies...
South Sudan and Russia plan to sign a memorandum on partnership in the oil and gas sector, the foreign minister of the African country, Awut Deng Acuil told Russian media.
The minister added that her nation wants to extend cooperation with Russian businesses to other areas, including infrastructure.
The foreign minister...
Russia’s Safmar Group can supply 250,000 tons more oil to Belarus in February 2020, aside from the 500,000 tons the group’s companies supplied in January, a source in the industry told TASS on Tuesday.
"Deliveries of Safmar companies are planned at the level of 250,000 tonnes," the source said, referring to February...
The CEO of Russian oil major Lukoil, Vagit Alekperov, has asked Russian President Vladimir Putin to provide the company with three additional unexplored subsoil areas in the Caspian Sea shelf zone, Kommersant reports.
In his letter to the Russian leader, Alekperov stressed that Lukoil’s subsidiary (Lukoil-Nizhnevolzhskneft) had a shortage of new...
Russian state-run energy giant Gazprom has supplied the first billion cubic meters of natural gas over the TurkStream gas pipeline, the company said on Monday, according to Vedomosti.
"About 54% of this volume were delivered to the Turkish gas market and around 46% — to the Turkish-Bulgarian border," the company says.
Commercial deliveries...
Oil exports from Russia’s Pacific port of Kozmino increased by 9.2% last year to a record high of 33.2 million tons, the port’s operator, pipeline monopoly Transneft said on Monday, according to Reuters.
Kozmino is part of Russia’s plans to forge closer ties with the Asia Pacific region. The port,...
Russia and India may team up to construct nuclear power plants in Africa and the Middle East, building on their current experiences in Bangladesh, India’s ambassador to Russia said last week, according to RIA Novosti.
“There are also good prospects for cooperation of Russia and India in nuclear energy in...
