News

Russia to develop travel card for foreigners — Minister
It is added that the outbound tourism topic should not be given up.
EU market open for Russian LNG, supply to grow to 21 bln cubic meters in 2022
Russian Deputy Prime Minister Alexander Novak noted that there is still gas deficit in Europe, so Russia is ready to resume supplies via the Yamal-Europe pipeline.
Putin approves decree on special economic measures in gas sphere
In particular, Gazprom is not allowed until October 1, 2023 to purchase gas and services from joint ventures with OMV and Wintershall Dea at a price above the one set by the Russian government, according to the decree.
Russian economy may be more sensitive to energy transition risks amid sanctions — experts
As a result, the Russian economy, according to the Bank of Russia, may exhaust the current raw material export model in the long run, increasing the lag in technological progress.
Russia becomes top oil exporter to China in November 2022 — Customs Office
In the reporting period Saudi Arabia ranked first with 80.38 mln metric tons of oil exported.
Bank of Russia to test international payments in cryptocurrency with companies
It is reported that the pilot project will be implemented with interested market participants.
DPR authorities plan to use port of Mariupol for coal exports
DPR Minister of Coal and Energy Andrey Chertkov pointed to certain difficulties with coal deliveries by rail, however, the situation is expected to improve in the coming months.
Russian investments in US government securities remain at slightly over $2 bln in October
Russia began to sharply reduce investments in the US public debt in the spring of 2018.
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.
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.