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Russia’s oil giant Rosneft provides $6 billion loan to Venezuela
Rosneft's advance payments under contracts with the Venezuelan state-owned oil company PDVSA is approximately $6 billion in total; full repayment is expected before the end of 2019, as stated during a conference call on August 8th by Alexander Krastilevsky, Vice President and Advisor to the President of Rosneft and Director of the Department for Planning, Performance Management, Development, and Investments in Refining, Commerce, and Logistics. He specified that $5.7 billion is the principal …
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Russia to send 4 mobile gas-turbine electrical power generating plants to Crimea
Four mobile gas turbine power plants (MGTS) with a total capacity of 88 Megawatts (MW) will be delivered to the annexed Crimea from the Russian mainland in order to cover the existing energy deficit in the Region. This was announced to the Russian media by the Member of the State Duma of Russia from the annexed peninsula, Mikhail Sheremet.
"Here, on the territory of the republic, we plan to supply four MGTS from the mainland of Russia with a capacity of 22 MW each. This is enough for us to …
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Ukrainian Ministry of Foreign Affairs: there was no strong response by the world community to Russia’s aggression on Georgia
Due to the lack of tough and consolidated response by the world community to the “crimes of the Kremlin in Georgia,” a fifth of its country is still under “occupation,” as indicated in a statement issued by the Ukrainian Ministry of Foreign Affairs, UNIAN reports.
On the ninth anniversary of “armed aggression of Russia against Georgia,” which killed hundreds of people and left tens of thousands homeless, Ukraine confirms its respect for the state sovereignty and territorial integrity of …
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Ukrainian official: Russia continues pouring weapons and personnel to Donbas
Russia sent 104 trains and 53 convoys of military and motor vehicles to Donbas since the beginning of 2017. This was stated in the materials published by Yevhen Marchuk, the representative of Ukraine in one of the subgroups in the Tripartite Contact Group for the Settlement of the Situation in the Donbas.
"When I hear the Russian propagandists writhing in hysteria over the possible transfer of defensive weapons to Ukraine by the United States and how it is sung by some of our so-called " …
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Net profit of Russia’s Gazprom falls by a record number in the past six month
In the first half of 2017, the net profit of the Russian monopoly Gazprom fell to almost nothing - 17.4 billion rubles ($290 million USD), down from 194.417 billion rubles ($3.24 billion USD) in January-June 2016. This is shown by Interfax’s calculations based on the company’s materials using Russian accounting standards.
The data shows that in the second quarter of 2017, Gazprom had a loss of 90 billion rubles ($1.5 billion USD), whereas in April-June 2016 the parent company earned a symbolic …