Tag Archives: agreement

ADB TO LEND Georgia $75 mln for reforms

TBILISI. Nov 24 (Interfax) – Georgia will receive a $75 million loan from the Asian Development Bank (ADB) to support government reforms. The Georgian Finance Ministry reported that Finance Minister Nodar Khaduri signed the relevant agreement with the head of … Continue reading

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Average price of Russian gas for Moldova in 2015 to be $46 cheaper than in 2014 (Part 2)

CHISINAU. Nov 11 (Interfax) – Moldova and Russia have signed an agreement on supplies of natural gas for 2015 at $331.8 per 1,000 cubic meters, while the average price in 2014 was $378. Agreements on the extension of the contract … Continue reading

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Summa planning to build port in Hunchun with capacity of 40 mln tonnes per year – papers

MOSCOW. Oct 13 (Interfax) – The Summa Group is planning to build a so-called dry port in Hunchun, which is in China’s Jilin province, to process 40 million tonnes of cargo not meant to be shipped by sea, Russian newspapers … Continue reading

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Kazakhstan, Iran to build $285-mln glass plant in Kyzylorda

ASTANA. Sept 9 (Interfax) – JSC Investment Fund of Kazakhstan and Iran’s Kaveh Flat Glass Co., which belongs to the Kaveh Glass Industry Group, signed an agreement on the creation of a joint venture (JV) for the construction of a … Continue reading

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Rosneft, PetroVietnam forming Pechora Sea JVs, to invest $1.5 bln in exploration (Part 2)

News Rosneft, PetroVietnam forming Pechora Sea JVs, to invest $1.5 bln in exploration (Part 2) has been created. Fri, 09/05/2014 – 23:10 — hh01 MOSCOW. Sept 5 (Interfax) – Rosneft (MOEX: ROSN) and PetroVietnam have reached agreement to form joint … Continue reading

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TPAO raises $1-bln loan to increase stake in Shah Deniz project

Turkish TPAO has raised a $1-billion loan from the Turkish Vakif and Turkiye Is Bankasi banks for financing a deal on the purchase of a 10% stake in the project to develop the Shah Deniz gas condensate field to supplement … Continue reading

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Dragon Oil targets Cheleken capex at $1.5 bln in 2014-2016

Dragon Oil, which produces oil in Turkmenistan’s section of the Caspian Sea, targets capital expenditure for infrastructure and drilling in the Cheleken contract area at $1.5 billion in 2014-2016, the company said in its report on interim results for 2014. … Continue reading

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GV Gold to invest $9 mln in Kopy Goldfields Krasny project, get 51% of JV

Russia’s OJSC Vysochaishy (GV Gold) plans to invest $9 million in the Krasny project, operated by Kopy Goldfields, and will receive 51% of a joint venture with the Swedish mining junior. Kopy Goldfields said in a press release that its … Continue reading

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Alrosa demanding Evraz pay 1.5 bln rubles, plus interest for Timir

Evraz, a Russian steel and coal group, did not manage to reach an agreement in time with Alrosa (MOEX: ALRS) on deferring fully payment of 2.97 billion rubles for shares in the Timir iron ore project until 2016, national daily … Continue reading

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Mondelez to invest 3.5 bln rubles in construction of chocolate factory near Novosibirsk

LLC Mondelez-Rus will invest 3.5 billion rubles into the construction of a plant to produce chocolate and cookies at the Industrial and Logistics Park in the Novosibirsk region, a source familiar with the company’s plans told Interfax. The enterprise is … Continue reading

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