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Russia considering at least 3 Persian Gulf countries for logistics hubs, will decide based on requests from business - industry and trade minister
MOSCOW. Nov 18 (Interfax) - Russia is studying several Persian Gulf countries as possible locations for Russian trade and logistics hubs, Industry and Trade Minister Anton Alikhanov said. "Yes, it ...
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Russia's Finance Ministry proposes raising profit tax for Transneft to 40% for 6 years, along with other changes
Russia's Finance Ministry has submitted new proposals to the government to change taxation of the oil and gas industry, a source familiar with the proposals told Interfax. One of the proposals that ...
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National Bank of Moldova to peg national currency against euro instead of dollar from 2025
CHISINAU. Nov 18 (Interfax) - The National Bank of Moldova (NBM) will use the euro as the reference currency for setting the leu's official exchange rate from January 2, 2025, replacing the dollar, ...
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Russian Finance Ministry proposes zero mineral tax on hard-to-recover Yamal gas and condensate for LNG production
MOSCOW. Nov 18 (Interfax) - The Russian Finance Ministry has proposed zeroing out the mineral extraction tax for gas and condensate recovered from Achimov and Jurassic pay zones in blocks located ...
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Azerbaijan's SOCAR looks to increase share of Bulgarian gas distribution market to 7.5%
BAKU. Nov 18 (Interfax) - The State Oil Company of the Azerbaijani Republic (SOCAR) plans to increase its share of Bulgaria's gas distribution market to 7.5%, for which it and M-Gaz on November 16 ...
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Russian authorities assign responsibility for new gas pipelines to Gazprom, including for Volkhov-Murmansk project
MOSCOW. Nov 18 (Interfax) - The Russian government has designated Gazprom as responsible for all new trunk gas pipeline projects, including construction of the Volkhov-Murmansk pipeline. The relevant ...
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Kiev, Tokyo discussing liberalization of visa procedures - Ukrainian FM
MOSCOW. Nov 18 (Interfax) - Ukrainian Foreign Minister Andrei Sibiga has said he discussed steps toward liberalizing visa procedures between Ukraine and Japan with his Japanese counterpart Takeshi ...
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Azerbaijan boosts gas exports 4.6% YoY in Jan-Oct - Energy Ministry
BAKU. Nov 18 (Interfax) - Azerbaijan boosted gas exports 4.6% year-on-year to 20.7 billion cubic meters of gas in January-October 2024, the Energy Ministry said, citing operational data. Energy ...
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Azerbaijan's SOCAR, AIC, Italy's TechnipEnergies establish JV to produce pyrolysis oil
BAKU. Nov 18 (Interfax) - The State Oil Company of the Azerbaijan Republic (SOCAR), state-owned Azerbaijan Investment Company (AIC), and Italy's TechnipEnergies S.p.A. have established the Ecostar LLC ...
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SOCAR, Albgaz to launch first city's gas infrastructure development in Albania in 2025
"Last week, the Albanian Infrastructure and Energy Ministry, Albgaz and SOCAR signed a memorandum of cooperation aimed at developing gas infrastructure in Korce. The feasibility study for the project ...
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Measures to take Ukrainian economy out of shadows yield $1.67 bln in budget revenues in Jan-Oct 2024 - MP
MOSCOW. Nov 18 (Interfax) - Measures to take the Ukrainian economy out of shadows yielded an equivalent of $1.67 billion in revenues to the state budget in January-October 2024, Ukrainian media quoted ...