Aug 20 2014 - 13:58
Ilya Shestakov, Russian deputy minister for agriculture, the head of Rosrybolovstvo, said that the Federal Fishing Agency was working on a program to develop aquafarming in Dagestan to compensate for fish imports from the West banned in early August with fish from the Caspian Sea.
Aug 20 2014 - 11:16
South Stream Bulgaria, a Bulgarian company formed for realization of the South Stream project, has stopped the project. Minister for Economy Vasil Stonov halted its realization on August 11, although the company announced increase of capital to $272 million, as registered at the Justice Ministry on August 18.
Aug 20 2014 - 10:25
Prices of futures for Russian gas at the London Exchange have increased by 21% in the last six weeks. They reached their lowest point since 2010 in early July because EU gas containers were full, Interfax reports.Ukrainian gas containers are half full. Gazprom switched to the prepayment system for Ukraine on June 16.
Aug 19 2014 - 13:08
LUKOIL has transported 1 million barrels of oil from Iraq’s West Qurna-2 Field from Port Basra to Port Augusta (Sicily) using the tanker Sea Triumph, affreighted by Litasco, RIA Novosti reports.Oil was transported to the ISAB refinery of LUKOIL in Priolo.LUKOIL spokesman Vitaly Matushkin said that LUKOIL was realizing projects in Iraq and countries of Africa and Latin America according to schedule. Oil extraction at West Qurna-2 amounts to 280,000 barrels a day.
Aug 18 2014 - 21:05
Ukraine's Parliamentary Speaker Oleksandr Turchynov urges the European Union to buy Russian gas on the Russian-Ukrainian border,
Aug 18 2014 - 17:53
Some 104 employees of the Russian Pension Fund's office in Dagestan have resigned. Their resignations have been offered amid a large-scale corruption probe against the fund's branch in the republic.