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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 ...
Interfax2h
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 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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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 ...
Interfax3h
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 ...
Interfax4h
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 ...
Interfax4h
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 ...
Interfax4h
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 ...
Interfax3h
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 ...
Interfax5h
Azerbaijan boosts gas output 3.5% YoY in 10M 2024 - Energy Ministry
The Shah Deniz field ramped up production 5% year-on-year to 22.9 bcm of gas in January-October; the Azeri-Chirag-Gunashli block boosted output 1.9% year-on-year to 10.9 bcm of associated gas; and the ...
Interfax5h
SOCAR, Masdar sign agreement with international banks on building 2 solar plants in Azerbaijan totaling 760 MW
"SOCAR Green, Masdar, the European Bank for Reconstruction and Development, the Asian Development Bank and the Asian Infrastructure and Investment Bank signed documents for building two solar power ...
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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 ...