Рубрика ‘News in English’

Aviation Fuel Goes Up Almost by 10% over 1 Week in Amur Region

Aviation Fuel Goes Up Almost by 10% over 1 Week  in Amur Region

Aviation fuel went up by almost 10% over the last week in the Amur region, this is the biggest rise in the aviation fuel price for the last three years, the representative of the Amur office of the Federal antimonopoly service Nadezhda Golovina said on Tuesday. The weekly monitoring of the aviation fuel prices and […]

CEO of Chelyabenergosbyt Vyacheslav Seredkin and his Wife Murdered in their House

CEO of Chelyabenergosbyt Vyacheslav Seredkin and his Wife Murdered in their House

CEO of Chelyabenergosbyt, the member of Legislative Assembly of the Region Vyacheslav Seredkin and his wife have been found murdered in their house in the villa community Kashtak in Chelyabinsk. According to the first officer of the chief of the investigation department of the Investigation Committee of the Russian Federation in Chelyabinsk region Vladimir Shishkov, […]

Putin Promises Gas Discount for Belarus in 2012

Putin Promises Gas Discount for Belarus in 2012

Starting from 2012 Russia is planning to include an additional integration decreasing coefficient into the gas pricing formula for Belarus, Russian Prime Minister Vladimir Putin said at the press-conference after the session of the Union State Council of Ministers in Moscow on 15 August. He added that the size of this coefficient will be defined […]

Net Profit of Murmanskaya Thermal Power Plant for First Half of 2011 Makes Up 108.2 Million Rubles

Net Profit of Murmanskaya Thermal Power Plant for First Half of 2011 Makes Up 108.2 Million Rubles

The net profit of OAO Murmanskaya thermal power plant according to the Russian Accounting Standards for the first 6 months of this year comprised 108.2 million rubles against the negative profit of 137.5 million rubles in 2010. The revenue for the accounting period rose by 14.12% compared to the 1st half of 2010 and made […]

Lukoil Takes Care of Perm Territory People and Raises Petrol Prices

Lukoil Takes Care of Perm Territory People and Raises Petrol Prices

Lukoil explains the increase in fuel prices in the Perm Territory in July by its concern about the citizens of the region. As the head of the regional office of the antimonopoly service Dmitriy Makhonin said during the press-conference, this was the reason given in the letter which was received by the Perm office of […]

Gazprom Likely to Lose Clients

Gazprom Likely to Lose Clients

Natural gas spot prices on European trading platforms started to fall, going further and further away from the prices in Gazprom long-term contracts. At present the spread already exceeds 80 dollars per 1 thousand cubic meters and it is entirely possible that it will be increasing till the end of the year. In such situation […]

Over One Trillion Rubles Spent on Housing and Communal Services in Russia in 2010

Over One Trillion Rubles Spent on Housing and Communal Services in Russia in 2010

Over the last year the expenditure of the consolidated budget of Russia on housing and communal services comprised over one trillion rubles — this makes up about 2.4% of the country’s GDP, Rossiyskaya Gazeta reports. These sums are quite comparable with the country’s defense expenditure. There is money in this sphere, the chairman of the […]

Russia Needs Predictable Tax Treatment

Russia Needs Predictable Tax Treatment

To sustain the level of oil production at its today’s level (over 10 million barrels a day) Russia needs a predictable tax treatment, such is the statement of a monthly report by the IEA published today. According to the report, taxes will not influence the profitability of the now developed complex oil fields in East […]

Equipment for Sayano-Shushenskaya Hydro Power Plant Arrives In Krasnoyarsk

Equipment for Sayano-Shushenskaya Hydro Power Plant Arrives In Krasnoyarsk

A river-sea class vessel with large-size heavy equipment for the Sayano-Shushenskaya hydro power plant arrived in Krasnoyarsk. At present it is being unloaded in the river port of Peschanka. According to the press-service of RusHydro, the vessel which arrived at Peschanks is carrying three sets of large-size equipment each of which consists of a impulse […]

6 Month of Corrective Labour for Electricity Thefts

6 Month of Corrective Labour for Electricity Thefts

In Yurga district of Kemerovo region two villagers have been confined to 6 month of corrective labour each for the unwarranted link-up to the electrical grids of the branch the Interregional Distribution Grid Company of Siberia – Kuzbassenergo – Distribution Zone. The convicted persons will have to pay back to the company more than 4 […]

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