United Kingdom

Russia Investment 2016


Rusal sees stable aluminum prices for first time in five years

MOSCOW Russian aluminum giant Rusal expects aluminum prices to stabilize within a $1,600-1,700 per tonne range next year if China does not increase production, global stocks keep falling and demand grows.


Russia's GazpromNeft to start Messoyakha oil in weeks

MOSCOW Russia's GazpromNeft , the oil arm of state gas firm Gazprom, plans to launch its Messoyakha oil field within weeks, a senior executive said, adding to its own fast-growing production and contributing to a global glut.


Russia's Rusagro may drop greenhouse project if subsidies cut

MOSCOW Russian farming conglomerate Rusagro could drop plans to launch a $300 million greenhouse business if the government shrinks subsidies, the firm's chief executive told Reuters on Friday.


Rusal says might place Russia's first Panda bond

MOSCOW Russian aluminum giant Rusal may place a debut Chinese yuan-denominated bond this year or next and use it for refinancing or payment to its Chinese raw material suppliers, its head of strategy said at the Reuters Russia Investment Summit.

Russian market settlement agency woos Chinese investors

MOSCOW Russia's National Settlement Depository (NSD) aims to establish a direct link for Chinese investors to give them easier access to the Russian market, NSD chairman Eddie Astanin said.


Gazprom wants more than 25 percent of OMV North Sea assets

MOSCOW Gazprom wants more than 25 percent of OMV's Norwegian North Sea holding company but is being prevented from taking a larger stake by Norway, the Russian company's deputy told Reuters on Thursday.


Gazprom sees no need to use others' gas in Power of Siberia pipeline

MOSCOW Russia's Gazprom plans to use only its own natural gas for the Power of Siberia pipeline to China and sees no need to buy gas from domestic rivals, Gazprom Deputy CEO Alexander Medvedev said on Thursday.


Russia's Nornickel sees nickel price stabilizing at $10,000/T

MOSCOW Russian mining giant Nornickel, previously known as Norilsk Nickel , expects nickel prices to rise to about $10,000 a tonne by the end of the year and flatten out around that level through 2017, its chief operating officer said.


Russia's Gazprom expects agreement on Turkish Stream pipeline in October

MOSCOW Russia's Gazprom expects Russia and Turkey to sign an agreement next month that will allow construction of the offshore section of the Turkish Stream gas pipeline to start in late 2017, Deputy CEO Alexander Medvedev said.


Russia's 'blood river' spill shouldn't happen again, plant operator says

MOSCOW A spill of waste originating from a metallurgical plant in Russia that turned a river blood-red posed no threat to people or wildlife, an executive at the plant's operator said.