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Lukashenko says Russia ready to compensate $300 mln for oil

MINSK, Feb 21 (PRIME) -- President Vladimir Putin has offered a mechanism to compensate Belarus for a shortfall in revenues stemming from Russias oil industry reform, the money includes part of companies margins from the oil sales to Minsk, Belorussian President Alexander Lukashenko told Governor of the Arkhangelsk Region Igor Orlov on Friday.

Report: Finance Ministry works to cut labor taxes

MOSCOW, Feb 20 (PRIME) Russias Finance Ministry is working on the ways to reduce the excessive labor tax burden and find compensatory funds, Minister Anton Siluanov said in an interview to RBC published Thursday.

Novak: Russia still in talks with OPEC+ on oil output cut deal

Russia keeps in touch with its OPEC+ colleagues on the future of the oil production cut deal, the market environment is uncertain and it is premature to announce any decisions yet, Energy Minister Alexander Novak told reporters on Thursday.

Russian Copper Co to invest 5 bln rbl in Karabashmed in 2020

Russian Copper Company plans to raise annual investment in its copper smelter Karabashmed by 55% to 5 billion rubles in 2019, President Vsevolod Levin told reporters on Friday.

MTS covers with connection hauls between St Pete Metro stations

Major Russian mobile operator MTS is now available in the St. Petersburg Metro during runs between stations Sennaya Ploshchad and Nevsky Prospeckt, an operator spokesperson told PRIME on Friday.
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MOSCOW, Jan 14 (PRIME) -- Maximum two to three billion rubles are stolen from the Russian federal budget annually, Audit Chamber Director Alexei Kudrin told PRIME in an interview released on Tuesday.
Central Bank Official Rate
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EUR 69.4191 +0.6486 22 feb
USD 64.3008 +0.5595 22 feb
Stock Market Indices
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rtsi 1524.71 -0.72 18:50 21 feb
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MICEX Ruble Trading
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EURTD 69.6750 +0.8450 14:59 21 feb
USDTD 64.5000 +0.5975 17:44 21 feb