Friday, 14.12.2018
Regional leaders on Friday launched construction work on the Afghan section of an $8-billion (€6.5-billion) natural gas pipeline from Turkmenistan via Afghanistan and Pakistan to India, The New York Times reports. Turkmenistan holds the world's fourth-largest gas reserves but has been heavily dependent on exports to China after Russia cut...
At least 7.5 billion rubles ($118.6 million) was embezzled from funds allocated to the construction of the Zvezda (“Star”) shipyard in Russia’s Primorye region, a police investigation has revealed, according to Interfax. The probe into the theft has been underway since 2014, while the shipyard has been under construction since...
One of the options for helping Russian aluminium company Rusal which was hit by U.S. sanctions is a temporary nationalization of the aluminum giant, a Kremlin spokesman Dmitriy Peskov said on Thursday, according to Interfax. He was commenting on a proposal set out by Alexander Shokhin, a former deputy prime minister,...
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...
Global aluminum demand rose by 6% to 64.2 million tons in 2017, Russian aluminum giant Rusal has announced. In the world excluding China, demand grew by 3.7% to 29.2 million tons, while Chinese demand increased by 7.8% to 34.9 million tons, the company said. “Despite high aluminum prices there is...
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...
Ahead of the 2018 soccer World Cup, Russia, the host country, is making final preparations on infrastructure projects critical to the event’s success. The 21st FIFA World Cup will take place in Russia between June 14-July 15, 2018, at 12 venues in 11 cities. To keep travel time manageable, all...
Ukraine announced the creation of a group within the European Union aimed to block the construction of Russian gas pipeline Nord Stream 2, RIA news agency reports. The country’s President Pyotr Poroshenko wrote on Monday on his social media pages that Ukraine is currently creating a group within the European Union to...
Officials in Moscow have approved a new 404 meter (1,325 feet) skyscraper in the Russian capital, which will become the city's tallest building, CNN reports. The impresive superstructure, designed by Sergey Skuratov Architects will be a part of the Moscow City commercial district. The still unnamed structure will be...
An open international ideas contest for new standard apartment layouts across Russia has been launched by the country’s government, The UK Architects Journal reported. The competition is open to both emerging and experienced architects from around the world. The anonymous two-stage contest seeks proposals for a range of residential floorplans...