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Industry News
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02.12.2005
RAO UES to Promote Investments into Generation Companies by Means of Its Share Reduction
RAO UES of Russia plans to allow additional share issue by generation companies, reducing, thus, its share to a blocking stake, in order to promote investments into the power sector
01.12.2005
Unfit for purpose: Shell consortium profiting from the riches of Russia’s Far East
It has been a windfall year for international energy companies, capitalizing on record high gas and oil prices. And, with demand still high, the race to find more of these precious non-renewable resources is on. But at what cost?
01.12.2005
Chubais Promises Uninterrupted Power Supplies to Moscow
UES CEO Anatoly Chubais has promised Muscovites uninterrupted power supplies this winter and described recent statements by Moscow officials as public relations
01.12.2005
RAO UES to Develop the Program of Unified Power System of RF Development till 2030
RAO UES of Russia (RTS: EESR) plans to complete the development of the integrated development program of the unified power system of the Russian Federation till 2030, as Technical Director of RAO UES Boris Vainziher told at the meeting of the Interdepartmental Power Committee, which took place in Ekaterinburg on Thursday under the chairmanship of plenipotentiary representative of president of the Russian Federation in Ural Federal District (UFD) Petr Latishev
01.12.2005
RF Authorities Intend to Soften Demands to Power Sector Unbundling
The authorities of the Russian Federation are ready to soften the demands to the unbundling of the power sector and discuss, at least two variants of the amendments to acts dispensing a range of industrial enterprises, which have various power assets on balance, with the necessity of fulfilling the demands.
30.11.2005
Electricity Reform Has Stopped in Russia
Electricity reform has stopped in Russia, Alexander Ryazanov, a deputy Gazprom CEO, said at a gas forum in Moscow on Tuesday.
30.11.2005
RAO UES Believes Some Definiteness in Negotiations on Power Export to China to Appear in the Nearest Future
RAO UES of Russia (EESR) expects that some definiteness will appear in the negotiations on the power export to China project realization in the nearest future.
30.11.2005
RAO UES Will Agree with RUSAL the Conditions of Boguchanskaya HPP Construction Completion in a Month.
RAO UES of Russia (RTS: EESR) plans to agree finally with Russian Aluminum the conditions of Boguchanskaya HPP construction completion and aluminum smelter construction, which is supposed to consume power from the plant.
“I think a week or two, a month maximum (is needed –IF) to approve or reject the decision. I hope we agree on this issue” – chairman of the management board of the power holding Anatoliy Chubais said at a press-conference on Tuesday in Moscow.
30.11.2005
RAO UES Proposes to Develop New Energy Policy in Russia
RAO UES of Russia (RTS: EESR) proposes to develop new energy policy in the Russian Federation and calls the state for immediate measures to promote investments into the industry, chairman of the management board of the power holding Anatoly Chubais said at a conference on Tuesday.
30.11.2005
Fitch Rates Gazprom's Note Programme Issue Expected 'BB+'
Fitch Ratings has today assigned an expected 'BB+' rating to Gaz Capital S.A.'s issue of a fourth tranche under the existing loan participation note programme (rated 'BB+'), which relies on a senior unsecured liability of OAO Gazprom for repayment.
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