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Russia values Shell’s stake in Sakhalin-2 at $1.5 bln — government decree
Shell, which had 27.5% in the Sakhalin-2 project, said it would not receive a stake in a new company after transfer of the project operator to the Russian jurisdiction.
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Sanctions pressure against Russia may increase in 2023-2024, expert says
Yaroslav Kuzminov, coordinator of the Expert Council under the Government of the Russian Federation, recommended protecting the economy from extreme loads.
Business in Russia
Russia’s Internet economy to rise by 24% in value to $187 bln in 2022
Compared with previous years, growth rates will drop almost two-fold, Director General of the Russian Association for Electronic Communications Sergey Grebennikov says.
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Export of other products to be started via grain corridor along with grain, says Erdogan
President noted that the countries in need were provided with over 13 mln tons of agriculture products thanks to the joint efforts.
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France bought 153 tons of enriched uranium from Russia in 2022
The French energy corporation purchased 153 tons of uranium enriched in Russia, just like in 2021, the publication notes.
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Putin orders to update NWF-funded investment projects list
Vladimir Putin also ordered to renew until 2030 the mechanism of support of state organizations implementing corporate competitiveness enhancement programs.
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Russia to open trade mission in Ethiopia in 2022 — government decree
The Russian Prime Minister instructed the Ministry of Industry and Trade to approve the structure and the staff list of the mission by the same document.
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Price cap on Russian oil to hit EU hardest, Chinese newspaper warns
According to Boqiang Lin, Moscow is unlikely to give in to the mandate discounted price in the foreseeable future.
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Russian arms export portfolio stands at $50-55 bln — regulator
It is reported that supplies of weapons to Ukraine by the West are escalating the conflict further and preventing efforts to resolve the crisis.
Business in Russia