According to Trust Technologies report, in 2022, a decline in sales of new passenger cars, excluding light commercial vehicles, is expected at the level of 28%.

Russian natural gas will therefore continue to flow to Western and Central Europe through the only transit point in Ukraine.

Currently there are still some unresolved issues in the banking sphere between the two countries, the agency’s head Ali Salehabadi said.

In annual terms, the price growth rates decelerated to 16.19%," the Ministry said.

Last year Russian gas ensured around 40% of Europe’s demand, the agency informed.

The Innoprom international industrial exhibition, Russia’s key industrial, trade and export fair, is running in Yekaterinburg from July 4 to 7.

The restrictions were introduced in March 2020 over the threat of the coronavirus infection.

All rights and obligations, as well as the property of Sakhalin Energy will be transferred to a new stock company.

Hard coal production contracted by 3.7% to 141 mln tonnes in the reporting period.

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.