Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

The Anti-crisis Plan Will Deprive Rosneft Of NWF Money
January 25, 2015 00:01


The anti-crisis plan will deprive “Rosneft” of NWF money.

The approach to the use of the National Welfare Fund (NWF) has changed: now the money will be allocated to the anti-crisis plan in the first place, and then later on infrastructure projects. This was written by “Vedomosti” with the reference to the federal officials involved into the discussion of anti-crisis measures.

The government plans to abandon projects with the approved funding from the National Welfare Fund. Only those projects will be left where there are private investors who are ready to increase their share. NWF had 4.946 trillion roubles on January 1- it swelled due to the devaluation of the rouble.

Earlier the First Deputy Prime Minister Igor Shuvalov estimated the anti-crisis plan in 1.375 trillion roubles. 550 billion roubles from NWF will be spent on it, according to the official involved into the development of anti-crisis measures. The government-approved list now includes ten projects for 665 billion roubles.

Russian Railways received 50 billion roubles (for BAM and Transsib) and can count on another 100 billion until the end of the year. Another 4 billion are allocated to the Russian Direct Investment Fund for the project with “Rostelecom”. No more projects received money from NWF.

Previously the newspaper reported that “Rosneft” asked to allocate NWF money on 17 extracting and 11 processing projects. The application amount exceeds one trillion roubles. In this case the free limit of NWF on Russian projects is provided in the amount not exceeding 1.16 trillion roubles.

As it is noted, if all 28 applications of the Oil Company are approved, NWF limit will be reached. In this connection the officials believe that a break should be made in regard to these projects.

Author: Anna Dorozhkina

Tags: Rosneft Russian oil and gas industry    

Next Previous

You might also find interesting:

FIFA 2018 World Cup Preliminary Draw Six New Beaches Will Be Ready For Moscow Summer Foreign Ministers Of the Norman Quartet Tell About Results Of Negotiations In Paris Fixing the Match-Fixing The City Centre Of Sergiev Posad May Become Pedestrian

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
travel to Russia  Exhibitions in Moscow  Russian television  emigration  Mansi  Moscow airports  Russian actors  Charity  Teresa Durova  Russian sportsmen  Orest Vereisky  Vladislav Surkov  Russian business  Festival of the North  Mercedes-Benz Fashion Week Russia  St. Petersburg  Sapsan trains  Russian Cinema  Concerts in Moscow  Arctic  Alexandre Benois  health  music  Russian tourism  Giotto  Golden Mask  Book Tickets for Concerts  Russian people  Festivals in Moscow  All Events  children  Krasnodar  Russian women  Moscow  Russian regions  History Museums  White Square Award  Dmitry Moor  Frescos  Karelia   Fires  Mikhail Nesterov  fundamental physics  Uralsib   Russian Monuments  Highways  Museums of St. Petersburg  Vladimir Vernadsky  Moscow embankments  Russian media 

Travel Blogs
Top Traveling Sites