A much-anticipated visit to Moscow by the head of Italian energy giant Eni was shrouded in mystery late Monday after Gazprom said it had not taken place
The Russian government has submitted a draft law on the removal of limits on foreign ownership of Gazprom shares to the Kremlin, for approval by the president and his administration. The information was reported on Tuesday, Dec. 6, by the Interfax agency
The Government of the RF is unlikely to decide on modification of the terms or conditions of the reorganization at its Thursday meeting devoted to the power sector reform process, deputy head of the energy department at the Ministry of Energy and Industry Vyacheslav Kravchenko believes
Federal Tariff Service of the Russian Federation (FST) decided last Saturday to include 2664 G rubles into the subscription fee of RAO UES of Russia (RTS: EESR) in 2006. This sum is required to finance Boguchanskaya HPP construction completion, OJSC HydroWGC (incorporates Boguchanskaya HPP) press-service informs
Fitch Ratings-London/Moscow-5 December 2005: Fitch Ratings said today that it expects OAO Gazprom (‘BB+’/Stable) and state-owned Naftogaz of Ukraine (‘BB-’ (BB minus)/Stable) to amicably resolve the current natural gas pricing dispute that appears to be growing between the two companies
RAO UES of Russia is negotiating the sale of its stake in Mosenergo at the additional issuing of the company’s stocks with German E.ON energy concern and Italian Enel corporation, RAO UES chief executive Anatoly Chubais said yesterday. Should the talks go through, the funds gained could cover the deficit of Mosenergo’s 20 billion rubles investment program
The management board of Nonprofit Partnership Administrator of Trade System (ATS) gave a certificate of registration at the wholesale power market to Joint Stock Company Territory Generation Company # Nine (TGC-9). TGC-9 press-service informs
Upon the reform completion OJSC FGC UES (Federal Grid Company of Unified Energy System) will probably operate under the brand of RAO UES of Russia. As Deputy Director of the Structural and Investment Policy Department at the Ministry of Industry and Energy Vyacheslav Kravchenko told Kommersant: “OJSC RAO UES of Russia brand will be preserved and most likely FGC will take it.”
Troyka Dialog investment company (IC) increased fair price of RAO UES shares (RTS: EESR) from $0.42 to $0.44 per share, preserving “hold” recommendation
