Putin to launch South Stream in Anapa
Russia's President Vladimir Putin will pay a working visit to the Kuban territory, where he will visit Krymsk and Anapa tomorrow.
In Anapa Putin will take part in the ceremonial start of the construction of the gas pipeline "South Stream".
Apr 19 2014 - 17:45
European Commissioner for Energy Günther Oettinger says any additional sanctions the EU may impose on Russia are not going to affect Russia's gas industry. The EU is not ready to stop buying Russian gas or considerably decrease the amount of purchased gas in the next several years, the official says.
Apr 17 2014 - 17:00
Members of the European Parliament have voted against the South Stream project. The decision has been made in the framework of the sanctions imposed on Russia after the country had taken conrol of the Crimea.
Apr 17 2014 - 14:13
President of the European Commission Jose Manuel Barroso sent a letter to Russian President Vladimir Putin on behalf of 28 EU countries urging him to keep supplying Ukraine with gas, RIA Novosti reports.The letter asks Putin to continue gas pumping despite any possible payments for gas.
Apr 17 2014 - 12:53
Ukraine pumped 4 million cubic meters of gas from Poland on April 15, GAZ-SYSTEM reports.Gas was delivered according to a deal of RWE and Naftogaz. The pipeline running through Hermanovici has a capacity of 1.5 billion cubic meters a year. The capacity for May will be on sale on April 24.The pipeline had been used before Russia gave Ukraine a 30% discount for gas in December 2013. The discount remained throughout Q1 2014.
Apr 17 2014 - 12:31
The dollar price dropped by 0.10 rubles to 35.89 rubles per dollar at the Moscow Exchange at 12.28PM after President Vladimir Putin’s talks at the Q&A show, RIA Novosti reports.The euro dropped in price by 0.01 rubles to 49.71 rubles.The dual-currency basket totals 42.11 rubles, dropping to 42.08 rubles for a short time.
Apr 17 2014 - 11:13
Apr 17 2014 - 10:33
The Bank of Russia has nullified the license of the Kaspiy Bank in Dagestan today, RIA Novosti reports.The bank was accused of violating the law against money-laundering and terrorism financing. The bank was involved in suspicious cash operations worth a total of 550 million rubles in 2013.Kaspiy is a commercial bank headquartered in Makhachkala, with four offices in Makhachkala, Derbent and Nalchik. It has had a charter capital of about 189.9 million rubles since February 2013. As of the end of Q1 2014, the bank lost about 19.4 million rubles.
Apr 16 2014 - 20:10
Sochi and Poland intend to develop cooperation in the sphere of tourism. The ministerial advisor of the Department for Support of Trade and Investments of the embassy of Poland to Moscow, Marek Ochepka, visited Sochi within the framework of the Made In Poland programme.