News

Russia’s grain harvest to notably exceed last year’s level in 2022, says minister
According to data provided by the national statistics service Rosstat, Russia’s grain harvest amounted to 121.4 mln tonnes in 2021.
Russia maintains plans to increase LNG output to 80-140 mln tonnes by 2035, says Deputy PM
According to Alexander Novak, Russia is able to meet the target using Russian technologies.
Ruble up slightly following Central Bank’s decision to cut key rate to 11% per annum
As of 10:50 am the dollar exchange rate was up by 2.61%, while the euro was up by 4.44%.
Russian Industry Ministry can complement parallel import list with test systems producers
We are working now on expansion of this list, the Ministry’s press service told.
Aeroflot may soon cannibalize its plane for spare part, Bloomberg claims
According to Bloomberg, Russian-made planes will cannot compensate for the shortages of imported models.
Russia can offer 25 mln tonnes of grain for export starting on August 1
According to Nebenzya, Russia continues to remain a responsible supplier of food and energy.
Deputy PM reveals how many buyers of Russian gas opened ruble accounts for payments
According to Alexander Novak, the list of Russian gas buyers, which have agreed to switch to ruble payments, will be released in the next few days.
US set to fully block Russia’s debt payments after May 25
However, according to the sources, the US Treasury has not yet made a final decision.
Kremlin gets ready for SPIEF, but list of invited leaders not available yet
No decision had been made regarding the discussion’s moderator, Dmitry Peskov also noted.
Russia’s oil production up 1.7% in first half of May to 1.398 mln tonnes per day
Russia has mainly increased the production of crude oil gradually since last spring.