Рубрика ‘News in English’

Inter RAO Creates Company for Energy Equipment Export

Inter RAO Creates Company for Energy Equipment Export

OAO UES started a 100% subsidiary — OOO Inter RAO – Export, this follows from the energy statement of the energy holding. As the press-service of Inter RAO explains, the new company will deal with energy equipment export. The representatives of the company refused to specify which equipment is meant, pointing out that the presentation […]

FAS: Unified Oil Products Trading Exchange System Can Start Operation Before End of This Year

FAS: Unified Oil Products Trading Exchange System Can Start Operation Before End of This Year

The Federal Antimonopoly Service (FAS) of Russia has in view to launch a unified oil products trading exchange system based on the Saint-Petersburg International Mercantile exchange (SPIMEX), the deputy head of the governmental agency Anatoly Golomolzin told the journalists. At present oil and oil products are traded at the three platforms: the Interregional oil and […]

Power Engineers Cannot Guarantee St Petersburg Faluire-Free Winter

Power Engineers Cannot Guarantee St Petersburg Faluire-Free Winter

The management of the power grids of the North-West does not guarantee that the winter in St. Petersburg and the Leningrad Region will pass without any accidents. According to the head of the Leningrad enterprise MES North-West Taras Dzyuba it is impossible to predict emergency situation although for their part MES are 100% ready for […]

Kirienko: Rosatom and the Czechs Can Work in Third Countries Together

Kirienko: Rosatom and the Czechs Can Work in Third Countries Together

Rosatom and the Czech companies CEZ and Skoda JS are discussing the possibility of cooperation in the third countries, not only in Russia and the Czech Republic, the head of Rosatom Sergei Kirienko reported at the ATOMEX Forum in the Czech Republic. ‘We are today discussing with the management of CEZ and Skoda JS the […]

TGC-2 Embarks on Novaya Lyapinka Project Execution

TGC-2 Embarks on Novaya Lyapinka Project Execution

Within the next two years OAO Territorial Generation Company #2 (TGC-2) is to build a new power facility at the site of the Lyapinskaya steam boiler house in Yaroslavl. At present the project engineering design is being completed, and the list of equipment necessary for the start of a new boiler house has been compiled. […]

Transneft Counts on China to Settle Its Debt Within 2-3 Weeks

Transneft Counts on China to Settle Its Debt Within 2-3 Weeks

OAO Transneft counts on China to settle its debt to Russia for oil deliveries to the Peoples Republic of China within 2-3 weeks. This was declared by the company’s president Nickolay Tokarev. He also specified that at present China’s debt comprises 75 million American dollars (the total amount of the debt to Transneft and OAO […]

Russia Ready to Finance up to 100% of Belene Nuclear Power Plant Construction

Russia Ready to Finance up to 100% of Belene Nuclear Power Plant Construction

The Russian offer on financing the project of the Bulgarian nuclear power plant Belene remains valid, the power plant itself can be built very fast, the head of Rosatom Sergei Kirienko declared at the Forum of Nuclear Industry Suppliers “ATOMEX-Europe”. ‘The nuclear power plant can be built really quickly because everything is in fact ready […]

Energy Ministry of Russia Counts on Reviving Energy Cooperation with Belarus

Energy Ministry of Russia Counts on Reviving Energy Cooperation with Belarus

The Energy Ministry of the Russian Federation (Minenergo) hopes to revive the energy cooperation between the Russian and the Belorussian energy companies, including issue of purchasing the Belorussian petrochemical complex Naftan-Polimir, the deputy head of the Ministry Anatoly Yanovsky told the journalists. ‘The events of the last year, including the formation of the Common Free […]

Atomenerogprom Placed Shares for 69.08 Billion Rubles

Atomenerogprom Placed Shares for 69.08 Billion Rubles

ОАО Atomic Energy Power Corporation (Atomenergoprom) completed placing additional shares with the total amount of 300 billion rubles, which had been started in February by placing 23% shares with the cost of 69.08 billion rubles, this is stated in the published materials of the company. According to the company’s published documentation, the number of the […]

Astrakhanenergo to Reconstruct Distribution Grids in Yenotaevsky District

Astrakhanenergo to Reconstruct Distribution Grids in Yenotaevsky District

The reconstruction of the distribution grids in the Yenotaevsky district of the Astrakhan region is being carried out within the framework of the investment program of OAO Interregional Distribution Grid Company of the South – Astrakhanenergo confirmed in the business-plan of the company for 2011. The plan presupposes the reconstruction of about 29 km of […]

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