Russia 100419 Basic Political Developments

National Economic Trends

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  Bloomberg: Ruble Depreciates Most in Month Versus Dollar as Oil Tumbles
  
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  Interfax: Dollar, euro gain against ruble on declining oil prices
  
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  Bloomberg: Russia to Sell 5, 10-Year Eurobonds, First Since ’98 (Update1)
  
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  Cbonds: Russia’s finance ministry gives no confirmation to reports about Eurobond size and yields
  
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  Russia Today: Rouble strength ringing alarm bells
  

Business, Energy or Environmental regulations or discussions

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  Bloomberg: Aeroflot, Polymetal, Rosneft, Sistema: Russian Equity Preview
  
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  Stock Markets Review: Russian stock market daily morning report (April 19, 2010, Monday)
  
  • 
    Good report of Mosenergo for 2009 according to IAS.
    
  • 
    Gazprom might pay 2.39 RUR per share as dividends for 2009.
    
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    MMC might pay off 0.37 RUR per share by the end of 2009.
    
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    NLMC might payoff 0.22 RUR per share for 2009.
    
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  Cbonds: Sberbank hopes to divest most non-core assets in 2010—2012
  
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  Bloomberg: Kuzbass Fuel Seeks to Raise as Much as $398 Million in IPO
  
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  Reuters: UPDATE 1-Russia KTK seeks to raise $295-398 mln in share sale
  
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  Bloomberg: Uralchem Sets Price, Seeks as Much as $642 Million in London IPO
  
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  RBC: Russian developer to make SPO - The Russian real estate development, construction and building materials company LSR Group has announced plans to launch an SPO. The flotation price will range between $50-55 per share.
  
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  Reuters: Russia OGK-6 plans no dividend for 2009
  
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  Idexonline: Alrosa Expects April Sales at $300 Million
  
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  Telegraph: Rusal's plan for an aluminium exchange traded fund is really good – for Rusal
  
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  Broadband TV News: Russia prepares for 3D
  
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  Moscow Times: For the Record
  
  • 
    Gazprom’s management recommended raising the dividend for last year to 2.39 rubles per share, which amounts to 17.5 percent of profit by Russian accounting standards, the company said Friday.  (Bloomberg)
    
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    More than 30,000 Russians have opened accounts on the new government services web portal Gosuslugi.ru in the two weeks since it opened, operator Rostelecom said Friday. (MT)
    
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    KamAZ said Friday that it had a net loss of 3.4 billion rubles ($117 million) in 2009 along with a 36 percent drop in sales.  (Bloomberg)
    
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    The Central Bank shifted the ruble’s floating trading band on Friday for the 28th time since mid-February, allowing the currency to scale new 16-month peaks, dealers said. (Reuters)
    
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    Novolipetsk Steel said Friday that its board recommended a 2009 dividend of 22 kopeks per share. (Bloomberg)
    
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    Magnitogorsk Iron & Steel Works said Friday that its board recommended paying a divided of 37 kopeks per share for 2009. (Bloomberg)
    
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    Gas producers should work together to limit the impact of spot sales on their long-term deals, Energy Minister Sergei Shmatko said Sunday. (Reuters)
    

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  RIA: Requirements for foreign car producers may be tightened
  

Activity in the Oil and Gas sector (including regulatory)

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  Upstreamonline: Russia calls to rein in gas spot sale
  
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  RIA: Gas exporting countries to consider increase in gas prices for Europe
  
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  Reuters: UPDATE 1-Russia calls on gas powers to protect long-term deals
  
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  Russia Today: Gas producers meeting looks to even out pricing
  
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  Reuters: PREVIEW-Russia, Ukraine to bargain hard on gas price
  
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  Moscow Times: Sechin Discusses Lower Gas Prices for Ukraine
  
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  Moscow Times: $500M Starting Price in Nenets Fields Auction
  
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  Itar-Tass: New gas field 26 bln cub m reserves confirmed in Irkutsk reg
  
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  Oil and Gas Eurasia: TNK-BP Commissions Tyaminskoye Field in Uvat
  
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  CISIONwire: SHELTON PETROLEUM AB: SHELTON PETROLEUM READY TO SELL ITS FIRST RUSSIAN OIL
  

Gazprom

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  Bloomberg: Gazprom May Reduce Ukraine’s Gas Price by 25%, Vedomosti Says
  
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  Interfax: Shtokman Development chief Yury Komarov to step down
  
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  Reuters: Russia to start Shtokman gas field development 2011-Putin
  
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  RIA: Development of Shtokman gas field to start in spring 2011 (update 1)
  
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  RBC: Gazprom Neft still interested in European oil refineries
  
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  Oil and Gas Eurasia: New Motor Oil Brand G-Energy Introduced by Gazprom Neft
  

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Full Text Articles

Basic Political Developments

Itar-Tass: Over 400 flights cancelled in Russia after Eyjafjallajokull eruption

http://www.itar-tass.com/eng/level2.html?NewsID=15038871

19.04.2010, 10.40

MOSCOW, April 19 (Itar-Tass) -- A total of 411 flights have been cancelled and 77 more delayed in Russia’s airports as of 09:00 Moscow time on Monday after the eruption of a volcano on the Eyjafjallajokull Glacier in Iceland, which began last Wednesday, a source in the Russian Air Transport Agency told Ita-Tass.

“Some 35,000 passengers could not take off to European countries. Moscow’s Sheremetyevo airport accounts for the bulk of this figure – 28,500 passengers. A total of 277 flights from Sheremetyevo have been cancelled and 77 postponed. As many as 27 flight have been cancelled from Moscow’s Domodedovo airport (16 delayed), and nine flights have been cancelled from Vnukovo, also outside Moscow (two flights have been delayed),” the source said.

“St. Petersburg’s Pulkovo airport has cancelled 91 flights. Europe-bound flights have also been cancelled or delayed from Kaliningrad, Rostov-on-Don, Samara, Yekaterinburg, Novosibirsk, and Tyumen. Other airports are operating as scheduled,” the source went on.

Vedomosti: Putin instructed to return stranded passengers to Europe by train and bus