News

Analysts upgrade Russia’s key rate, inflation forecasts — Central Bank
Inflation outlook has been upgraded to 9.2% (+1.5 pp compared to October) for 2024, to 6% (+0.7 pp) for 2025, and to 4.5% (+0.4 pp) for 2026.
Gazprom Neft boosts synthetic base oils production in 9M 2024
The base produced at the facility enables creating all types of engine, gearbox and industrial oils with high performance characteristics, including low pour point, high viscosity index and resistance to oxidation.
Putin extends permission not to account votes of shareholders from unfriendly countries
The document covers joint stock companies operating in energy, machinery construction and trade sectors.
Russia’s oil and gas budget revenues up 25.7% in 11M, non-oil and gas revenues gain 25.8%
The volume and trajectory of largest non-oil and gas tax revenues in January-November 2024 demonstrates a notable excess of dynamics factored into the budget law, according to the report.
Partnership with BRICS to help Malaysia boost tourist flow — envoy to Russia
According to Cheong Loon Lai, countries are aiming to strengthen economic ties by joining BRICS as partners.
Russia to start financial support of investment projects in Africa in 2025 — official
Russian business is interested in expanding trade and economic ties with African partners and fulfillment of its export potential, Alexey Overchuk noted.
Imports of air conditioners with freon R-410 requires license — Russian customs
The Russian Customs Service started requesting licenses from suppliers of air conditioners, refrigerators and other equipment containing the freon R-410 from November 12.
Export of Russian pipeline gas to Europe up 15% over 11 months
Total November gas deliveries from Russia to Europe equaled 2.75 bln cubic meters compared to 2.8 bln cubic meters in October, and 2.5 bln cubic meters in November 2023.
Customs duty on coking coal in Russia canceled
The decision is aimed at supporting companies in the coal industry.
Putin signs law on Russia’s federal budget for 2025-2027
According to the law, federal budget revenues in 2025 are expected to be 40.296 trillion rubles ($378.5 bln).