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PRESS: Novatek asks Putin for 20 bln rbl for Kamchatka LNG terminal

MOSCOW, Nov 20 (PRIME)
Leonid Mikhelson, CEO of independent gas producer Novatek, has asked Russian President Vladimir Putin for 20 billion rubles for construction of a sea terminal for transshipment of liquefied natural gas (LNG) on the Kamchatka Peninsula, Kommersant business daily report on Wednesday.

TMK says IFRS EBITDA falls 3% to $508 in JanuarySeptember

MOSCOW, Nov 20 (PRIME)
Earnings before interest, taxes, depreciation, and amortization (EBITDA) of Russian oil and gas pipe producer TMK fell 3% on the year to U.S. $508 million in JanuarySeptember, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Wednesday.

Sberbank approves sale of Yandex golden share back to firm

MOSCOW, Nov 19 (PRIME)
The management of Russian top lender Sberbank has approved the sale of a golden share in Internet company Yandex back to the company for a token one euro, the bank said in a statement on Tuesday.
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MOSCOW, Nov 7 (PRIME) -- Russian companies developing artificial intelligence (AI) are forming an alliance or a consortium, Alexander Vedyakhin, first deputy chairman at Sberbank, the countrys biggest bank, told PRIME in an interview on Thursday.
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