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Tag Archives: Russia

Russia to Resume Gas Supplies to Ukraine from October 12

Gas deliveries to Ukraine will resume on Monday, Russia’s Gazprom CEO Aleksey Miller said, adding that an advance payment for this month’s gas will be made by Kiev on Friday, October 9. Russian gas will be pumped into Ukraine’s underground storage facilities. Ukraine has already accumulated 15.7 bcm of gas, …

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Russia’s Gazprom Starts Gas Supply to Azerbaijan

Russia's Gazprom Starts Gas Supply to Azerbaijan

Russia’s Gazprom started supplying gas to Azerbaijan on September 29. The average volume of supplies totals about 6 mln cubic meters, says the information of Gazprom. Gas is supplied in accordance with the purchase-sale agreement signed for a five year period in September of this year with possible extension of …

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Russia and Iran buddy up in New York

Russian President Vladimir Putin  expressed the hope that he could travel to Tehran soon, and reiterated broadening of bilateral ties in economic, scientific and strategic areas. In a meeting with his Iranian counterpart Hassan Rouhani  on the sidelines of the 70th UN General Assembly in New York. ‘Iran’s right of making peaceful use …

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Putin Speaks Fourth Term of Presidency with CBS Journalist

The President of Russia Vladimir Putin is uncertain if he will use his right to run for the fourth term of presidency. Putin spoke on this matter during his interview with an American journalist from CBS News Charlie Rose. When asked how long Putin would like to stay in power, …

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Russia’s VTB Posts August Net Profit, Narrowing Year-to-Date Loss

VTB Bank, Russia’s second-largest lender, remained profitable in August thanks to a higher net interest margin, the bank said Monday. VTB said its net profit for August was 0.4 billion rubles ($6.1 million), which helped lower its year-to-date losses to 14.6 billion rubles. In August last year, when the ruble …

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Governmental Efficiency Quality Highest in 2014, World Bank Research Says

The World Bank has published results of the long-term governance research, in which more than 200 countries are assessed according to six indicators, – Justice Ministry has informed InterPressNews. According to the research, Georgia’s indicators are all increasing. The highest indicators are fixed in the six categories in 2014. As per …

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Tehran and Moscow to Develop Business Cooperation

“Tehran and Moscow are now mulling use of their national currencies in their trade exchanges,” Deputy Chairman of Russian Chamber of Commerce and Industry G.G. Petrov said on Tuesday. Prospects of mutual cooperation between Iran and Russia are very promising and it is expected that existing hurdles would be removed …

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Lukoil is Russia’s Biggest Private Company – Forbes

LUKOIL RUSSIA

Russian oil major Lukoil has topped a list of the country’s 200 largest private companies compiled by the Russian edition of Forbes magazine. In the mid-2000s Lukoil was Russia’s biggest oil producer, it’s now second to Rosneft. Lukoil is first among the world’s private oil and gas companies in terms …

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Russia Decreased Tariffs for Goods Imported from Iran

russia iran trade

Russia has decreased tariffs for goods imported from Iran to boost mutual trade, Mehdi Sanaei, Iranian Ambassador to Russia said. Moscow has decreased the customs tariffs from 27 percent to 3-7 percent, Sanaei said, Iran ’s official IRNA news agency reported Sept. 17.The ambassador made the remarks in a meeting …

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Russia May Have its Own Virtual Currency in 2016

The Russian QIWI payment system wants to enter the $3.8 billion virtual currency market by introducing the first national crypto-currency. However, Russian authorities are concerned that the ‘bit-ruble’ could be used for money laundering and bankrolling of terrorism. The launch is scheduled for 2016, but to do that QIWI needs …

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Russian Tourists Spent $315.3 m in Georgia

According to the Georgian Economy Minister Dimitri Kumsishvili, revenues of the tourism industry received from Russian tourists in Georgia amounted to more than $315.3 million in January-August period of 2015. In January-August of 2015 the number of visitors from Russia increased by 15% compared to  the same period of last …

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