Russia will voluntarily reduce oil production by 500,000 barrels per day in March in order to contribute to the restoration of market relations, Russian Deputy Prime Minister Alexander Novak said on Friday. “Russia will voluntarily cut production by 500,000 barrels per day in March. This will contribute to the restoration of market relations. When making
Russia Became One of Main EU Suppliers
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22.06.21
Experts Named Russian Ice Cream Fan-Countries
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21.05.21
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Russia International |
Russia International |
09.02.23
China Doubled Russian Salmon Import
Shipments of salmon species from Russia to China almost doubled in 2022, to 73,800 tons, compared to the year before last. Vedomosti writes about this with reference to the data of the All-Russian Association of Fishermen. In monetary terms, exports soared 2.5 times, to $249.9 million. The growth of external shipments occurred against the background
Russia International |
Russia International |
30.01.23
Russia and Pakistan Expanding Cooperation in Energy Sector
Russia and Pakistan intend to expand cooperation in the energy sector, Russian Foreign Minister, Sergei Lavrov, said at a meeting with Pakistani Foreign Minister Bilawal Bhutto Zardari. “Moscow and Islamabad have a mutual desire to increase bilateral cooperation, primarily in the energy sector and other sectors of the economy,” the Head of Russian diplomacy said.
In First January Week Russia Increased Grain Exports Almost Twice
Russia, despite the New Year holidays, continued grain shipments for export and, as follows from the monitoring of the Russian Grain Union, from January 1 to 8, the country’s exports increased almost 1.8 times and exceeded 1 million tons. As reported, according to the Grain Union, in the first half of the current agricultural year
Experts Named Leaders of Russian Cars Market 2022
According to the results of the sales in 2022, Lada Granta has become the most popular car model in Russia. It was purchased by 87,982 buyers, as reported by the Autostat agency on January 10, 2023. The second in the list is the Lada Vesta model (32,790 cars), which was the market leader in 2021.
Russia to Limit Disclosure of Oil Exports Information
The Federal Antimonopoly Service (FAS) of Russia has developed a draft government decree on the specifics of disclosure of information by natural monopolies providing services for the transportation of oil and petroleum products through trunk pipelines. The FAS proposed to temporarily change the procedure and timing of disclosure of information by Transneft. According to the
Russia Increased Food Exports to Friendly Countries by 25%
Russia has increased food supplies to friendly countries by 25 per cent this year, the Deputy Prime Minister, Victoria Abramchenko, said in an interview with Rossiya 24 TV channel. “We will continue this work,” Abramchenko said. As Abramchenko stressed, surpluses are sold abroad, and the priority for the industry is the implementation of the doctrine
Russian Officials Eased Law Regulations in Timber Industry
The Russian government decided to make the life of the players of the timber industry sector easier on several issues at once. In particular, it goes about transport subsidies and quotas for the transportation of goods in the direction of China, the rules of transportation through Kazakhstan and the principles of calculating rent for the
Kremlin Put New Restrictions for Gazprom
The decree of Russian President, Vladimir Putin, sets for Gazprom restrictions on the purchase of gas from joint ventures with European companies. However, it is not a response to the ceiling of fuel prices, as explained by the Kremlin Spokesman Dmitry Peskov. According to Peskov, the document concerning Gazprom is a reaction to the actions
Russia Became One of Largest Steel Suppliers to India
In autumn, Russia became one of the largest steel suppliers to the Indian market, although exports were minimal before the sanctions and the European embargo, the Argus agency calculated, based on data from the Indian Ministry of Steel. In November, Russian companies accounted for more than 10 per cent of Indian imports — 62.7 thousand
Moskvich Crossover Price Reached Almost 2 Million Rubles
The cost of the new Moskvich 3 car will be 1.97 million rubles, according to the carmaker in his Telegram channel. “The Moskvich 3 urban crossover is the first model that came off the assembly line of the revived production of the Moskvich plant. The new car […] will be presented in five colors: white,
Russia International |
Russia International |
08.11.22
Turkey Agreed With Russia on Mutual Settlements in National Currencies
Turkey and Russia have reached an agreement on mutual settlements in national currencies, including in the energy sector. This was stated on Tuesday by the Minister of Energy and Natural Resources of Turkey Fatih Donmez. “Our trade with Russia continues in many directions. Energy is undoubtedly one of the biggest items of expenditure, but it
Russia International |
Russia International |
08.11.22
Nokia Asked US and Finland’s Permission to Fulfill Obligations to Russia
The Finnish company “Nokia” has asked the USA and Finland for export licenses for the supply of telecom equipment to Russia to fulfill previously concluded contracts. Such measures are necessary for the company’s final withdrawal from the Russian market. Nokia has reportedly sent a request to the US Bureau of Industry and Security, as well
