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

Russia's new pipeline rules
26.04.2011 15:31
Russia's new pipeline rules

The Russian Energy Ministry is going to ban the concessions for the access to the system of main pipelines of Transneft for oil companies. This might lead to the loss of the export capacity and may reduce the raw materials export from Russia.
      The Ministry of Energy, guided by the government, has approved the new rules for the access to oil pipelines. The new law will ban the producers of raw materials to agree on a mutual exchange or sale of quotas on oil exports, making the business unprofitable for the suppliers. Companies may sell part or all of their quotas on to others.
      According to the Forexpros, traders said the decree does not clearly define how companies may trade their pipeline access rights. The resulting bureaucratic deadlock may lead to "thousands of tonnes in losses" in export volumes.
Author: Ksenia Dzhalagonia


Next Previous

You might also find interesting:

Investment Attractiveness of Russian Regions
The Share of Unprofitable Organizations Increased in Russia
Rostech will Support Technology Startups
Yandex Ranked Among the Fastest Growing Companies in the World
Moscow Entrepreneurs Got More than 26 Billion Rubles of Loans with Guarantee Support in 2019

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Sergey Guriev  Ilya Mechnikov  Mercedes-Benz Fashion Week Russia  Regional Cuisines  Book Tickets for Concerts  Russian Railways Tickets  Perm Museums  Manege Central Exhibition Hall  air pollution  Moscow Theatres  Sakhalin  Russian Cinema  traffic rules  Russian Railways  contemporary art  travel to Russia  Magnitsky Act  Russian Monuments  St. Petersburg  Sinead O'Connor  Moscow  Smoking in Russia  airport transfers  BBC  Festivals in Moscow  Russian sportwomen  Russian regions  Murmansk Region  Moscow events  invest  Kazan  Zabaikalsky Territory  Exhibitions in Moscow  Heroes of the Soviet Union  Russian business  Kandalaksha  Russian aviation  Kremlin  Russian tourism  Urusovo  New Films  Moscow Region  Mercedes-Benz Fashion Week   Primary Chronicle  dance  Chuvashia  Russian football  Collecting  Little Tower House  obituary 

Travel Blogs
Top Traveling Sites