China

In 2018, net profit of Rosneft’s and Sinopec’s joint venture under RAS grew 1.7 times

In 2018, the net profit of Udmurtneft, a joint venture of Rosneft and Chinese Sinopec, under RAS increased 1.7 times compared to the previous year and amounted to 31.104 billion rubles.

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Gazprom to start gas supplies to China before schedule

Gazprom has adjusted date of Russian natural gas supplies to China. The beginning of the transportation will take place before the scheduled date - from December 1, 2019.

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In 2018, Russneft’s profit was $2.8 bln

Russneft expects revenue on results of 2018 at the level of $2.8 billion, EBITDA - $750 million, the company's president Evgeny Tolochek told reporters on the sidelines of the Russian investmen

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ArcelorMittal expects growth in steel consumption in CIS of 1-2%

According to assessments of metallurgical company ArcelorMittal, the largest steel producer in the world, it seems that steel consumption in 2019 will be improved compared to the previous year by 0

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In 2018, export of oil through port of Kozmino fell by 4%

In 2018, volume of exports of Russian ESPO oil through the port of Kozmino amounted to 30.4 million tons, which is by 4.1% less than in 2017 (year-on-year). This was reported by Transneft.

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List of countries to which Russia sells oil and gas

The main export products of Russia are: gas, oil and petroleum products. Every year Russia produces about 550 million tons of oil.

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About 60% of polymers of Zapsibneftekhim to be exported

About 60% of polyethylene and polypropylene produced by Zapsibneftekhim will be exported.

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Yamal LNG is only the first step to Russian Arctic for Total

Yamal LNG for Total is only the first stage in implementation of the concern's large-scale plans in the Russian Arctic.

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Amur gas processing plant to be built on account of bridge-loan

Gazprom hasn’t managed to get the money for the construction of Amur gas processing plant from China Development Bank and was forced to attract a short-term bridge loan for two years.

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Chinese money does not go to Gazprom.

Gazprom was unable to receive money for the construction of the Amur gas processing plant from the China Development Bank of China and was forced to attract a short-term bridge loan for two years.

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