News

Share of Russian gas in EU to drop to lowest level in over 20 years in 2022, says IEA
Last year Russian gas ensured around 40% of Europe’s demand, the agency informed.
Business in Russia
Friendly countries ready to come to Russia’s auto market, says minister
The Innoprom international industrial exhibition, Russia’s key industrial, trade and export fair, is running in Yekaterinburg from July 4 to 7.
Business in Russia
Russia to lift coronavirus restrictions on land border on July 15
The restrictions were introduced in March 2020 over the threat of the coronavirus infection.
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Russia will replace operator of Sakhalin-2 project
All rights and obligations, as well as the property of Sakhalin Energy will be transferred to a new stock company.
Business in Russia
Coal production in Russia down 1% in January - May 2022 — statistics
Hard coal production contracted by 3.7% to 141 mln tonnes in the reporting period.
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Russia ready to export tens of millions of tonnes of grain if West lifts bans — MFA
Maria Zakharova stressed that "it is Washington, Brussels and London that are doing everything to really artificially escalate the situation" with the export of grain.
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Too early to speak of effect of Russian default on Japan’s economy — Finance Ministry
Tokyo will continue monitoring the situation on the market, Shun’ichi Suzuki noted.
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Russian seaborn oil product exports down by 1 mln bpd through mid-June – IHS Markit
In February, Russian maritime exports of oil products amounted to just under 3 million b/d, while in June - 1.9 million b/d.
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Bank of Russia calls transition to settlements in national currencies vital
It is extremely difficult to instantaneously restructure the entire settlement system from yesterday's reserve currencies, the regulator's first deputy governor Vladimir Chistyukhin stressed.
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BRICS leaders to discuss dedollarization efforts, group’s expansion
There also are plans to discuss pressing global and regional issues.
Business in Russia