News

EU complaints against Russian lumber export restrictions not justified — Economy Ministry
Russian representatives "intend to give exhaustive clarifications in respect of applied measures" within the framework of consultations on the WTO floor, the ministry’s press service said.
Talks with potential investors in offshore zone on Kuril Islands started, says ministry
The ministry expects both Russian and foreign businessmen to be interested in the new tax treatment.
Investors Continue to Ditch Russian Assets Amid War Fears
Russia’s largest companies have lost more than $100 billion in value over the last week.
Export cargo loading on Russian Railways’ network up 3.2% to record 490 mln tonnes in 2021
Over the past decade export railway shipments added one quarter.
Russia to produce 10.1 mln barrels of oil per day in January — Deputy Prime Minister
During the meeting on January 4, 2022, the countries participating in the OPEC+ agreement approved a plan to increase production by 400,000 barrels per day for February 2022.
Russia spent about $11.15 bln on coronavirus in 2021
First, the funds were directed to provide medical care to the population.
Gas reserves in European UGS record low, Gazprom says
More than a half of gas volume injected last year has already been withdrawn from underground storages in Europe, the company revealed.
Russia’s GDP slowing down to 2.4% in 2022 — World Bank
Risks to the baseline forecast for Europe and Central Asia remain tilted to the downside, the report shows.
Novatek signs agreements on LNG supply from Arctic LNG 2 with two Chinese companies
The contract with Zhejiang Energy stipulates the supply of up to 1 mln tonnes of LNG per annum for a term of 15 years, whereas the agreement with ENN Natural Gas stipulates the delivery of approximately 0.6 mln tonnes of LNG per annum within 11 years.
Kremlin has no plans on regulating social networks in Russia due to events in Kazakhstan
Dmitry Peskov also noted that "the social networks bear just as much evil as good".