The Russian President is to hold meetings with the Iranian Foreign Minister, Abbas Araghchi in Moscow to discuss the latest developments as concerns the Israeli and American attacks on Iran’s nuclear facilities on Saturday (June 21). There have been disputed accounts over the actual damage caused, with US President Donald Trump declaring “a complete success” […]
Russia’s Rosatom has stated that the proposed ‘Large Nuclear Power Project’ in Uzbekistan needs to be reconfigured to attain the maximum operational benefits. This includes the construction of two VVER-1000 power units with a possible increase to four, according to the company. Rosatom and Uzbekistan agreed during the St. Petersburg International Economic Forum to look […]
Russian Deputy Prime Minister Alexander Novak has discussed Russian-Kazakh cooperation in the electricity and oil and gas sectors with Kazakh First Deputy Prime Minister Roman Sklyar, while Rosatom has signed a framework agreement for an NPP in Kazakhstan. We summarize these developments as follows: Oil & Gas Transit Novak and Skylar discussed the terms for Russian oil […]
Russia’s Rosatom state nuclear energy corporation is discussing the possibility of constructing nuclear power plants with Indonesia, proposing to build a floating nuclear power plant at the first stage and a high-power nuclear power plant at the second stage, according to Rosatom Deputy CEO Andrei Nikipelov. According to Nikipelov, taking into account Indonesia’s geographical location as an island archipelago, […]
Russia and Myanmar have concluded a Bilateral Investment Treaty (BIT) that assists their respective investors with legally binding agreements on mutual protection of investments. BIT can also provide some tax benefits. The document was signed on Friday at the 2025 St. Petersburg International Economic Forum (SPIEF 2025) by Russian Economic Development Minister Maxim Reshetnikov and […]
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Russia’s Gazprom has signed new agreements with its Chinese partners to construct and operate the cross-border section of the Far Eastern gas export route to China. The “Agreement on Design, Construction, and Commissioning of Section 2 Commissioning” and the “Operational Agreement” were signed with China National Petroleum Corporation (CNPC) and PipeChina. These govern the cooperation between […]
Russia’s FESCO transport group has launched a container transport service between Russia and the port of Durban in South Africa, according to German Maslov, vice president of FESCO’s line and logistics division. For exports to South Africa, FESCO organizes shipments from Novorossiysk and St. Petersburg via its own ships to India’s Nhava Sheva port (Mumbai), […]
Russian Deputy Industry and Trade Minister Roman Chekushov has said that the proposed Eurasian Economic Union free trade agreement with Indonesia has seen an initial preliminary agreement signed in St. Petersburg, with plans to sign the full agreement with the participation of all Eurasian Economic Union (EAEU) countries by the end of this year. He […]
Russia’s Energy Minister, Sergei Tsivilev, has said that Russia is ready to supply liquefied natural gas (LNG) to Mexico, as well as share its production technologies with the country. He stated that “We have great technologies in the area of liquefied natural gas. We are ready to share these technologies. We are also ready to […]
Russia and Bahrain are creating a hub for Russian wheat shipments, Russian President Vladimir Putin said at the St. Petersburg International Economic Forum on Friday (June 20). He stated that “Together with our friends from Bahrain, we are going to create a whole hub for shipping wheat from Russia. Many Arabic countries are interested in […]
Multiple Eurasian commodity and futures exchanges have signed a declaration on establishing the International Association of Commodity and Futures Exchanges. This new association is intended to become a platform for interaction among commodity and futures exchanges from EAEU+, SCO, and BRICS+ countries. This will enable coordinated policies for developing organized commodity markets. Participants include the […]
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