Stock market news
Fesco considers the possibility of forming a transportation hub in India
Fesco is considering the possibility of forming a transportation hub in India. Company is also actively cooperating with the Russian Ministry of Industry and Trade on the creation of a transport and l…
Container market may fully recover by 2025
Russia's container market may fully recover in 2025 after a decline in 2022, believes commercial director of VMTP, part of Fesco Group, Elena Kazarina. Market recovery can already be observed now - co…
Novatek wants to sell gas to end users in India
Novatek sees the Indian market as a priority, as the country is about to become the world's first in terms of gas consumption growth. Company will seek to build relations in such a way that it will no…
Novatek started negotiations on attracting partners to Obskiy LNG
Novatek has started negotiations on attracting partners to Obsky LNG project, in particular, from among the shareholders of its other LNG projects. Obsky LNG project is planned to be implemented on th…
Novatek has resolved issues with Yamal LNG maintenance
Novatek has resolved all maintenance issues with Yamal LNG this year, ensuring its stable operation for several years, said company head Leonid Mikhelson. "We have postponed and closed all issues with…
Novatek will accept investments on Obsky LNG and Murmansk LNG in 2024
Novatek plans to make an investment decision on Murmansk LNG in 2024 and on Obsky LNG in the first half of next year, said head of Novatek Leonid Mikhelson. Earlier he said that the company plans to s…
Novatek will start commissioning the first line of Arctic LNG 2 this week
Novatek this week will start commissioning work on the first line of the Arctic LNG 2 plant, and it will reach its design capacity in the first quarter of 2024, said the head of the company Leonid Mik…
Polyus invests ₽30 billion in the expansion of the Kuranakh mill
Polyus will invest ₽30 billion in the project for gold mining at the deposits of the Southern group of deposits of the Kuranakh ore field, which includes 11 deposits in the Aldan district of Yakutia. …
Novatek to maintain gas production and increase liquids production in 2023
Novatek plans by the end of 2023 to maintain the volume of gas production at the level of 2022 - approximately 82 billion cubic meters or slightly more. Production of liquid hydrocarbons will increase…
Novatek expects year-on-year profit growth of 25% by 2021
Novatek in 2023 intends to increase net profit and revenue by 25% to the level of 2021, said Leonid Mikhelson, the head of Novatek. As a result, the volume of dividend payments will also increase, whi…
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