Gas supplies to China via the Power of Siberia pipeline could surpass the design capacity of 38 billion cubic meters in 2025.

The company is about to pour first concrete as part of the construction, the Russian company’s Director General Alexey Likhachev said.

The Russian leader noted that the volume of trade between Moscow and Yerevan had doubled compared to 2023, and by the end of the current year it would amount to more than $ 10 billion.

Alexander Novak noted that gasoline production in Russia exceeds the level of demand in the country by approximately 10%, so some of it needs to be exported.

CIS and the nearest Russian neighbors, Southeast Asia, Persian Gulf countries, Africa, Latin America and Iran are among other destinations for Russian exports.

"The measure will provide for lowering of the fiscal burden of mineral fertilizer producers, which paid export duties at a higher rate since last fall," the Russian Ministry of Economic Development stated.

Roman Starovoyt noted that Russia is holding negotiations with many airlines from friendly countries.

The regulator said earlier following its board meeting that the cooling of credit activity has already encompassed all segments of the credit market.

According to the president, the results of the country's economic development will continue for some time.

Deputy General Director of the Russian truck producer Mikhail Matasov noted that the decline in sales can be caused by a decrease in demand for cargo transportation.