News

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More than a half of gas volume injected last year has already been withdrawn from underground storages in Europe, the company revealed.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".
Russia’s Economy Set to Face Old Problems in New Year
After a swift recovery from the coronavirus recession, the Russian economy is facing a familiar set of challenges.
Russia ready to boost production and supplies of gas to meet demand in EU — deputy PM
Alexander Novak mentions that the increase of production is complicated by the EU policy sought to reduce the demand.
Growth of loan rates will be lower than inflation rate growth - Bank of Russia
Speaking about the cost of housing, the head of the regulator made a forecast that the growth in housing prices would significantly slow down.
Demand for Russian goods abroad grows by 81% in December - Wildberries marketplace
According to the marketplace, the increase in demand was the highest for Russian-made jewelry, dishes and cutlery and hair accessories.
Russia to increase oil production in 2022 to 540-550 mln tonnes — Novak
According to the Deputy Prime Minister, the oil demand in the world will reach the pre-crisis level by the end of 2022.