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Kremlin bans foreigners from owning land in Crimea
The Russian authorities have banned foreign nationals from owning land in most of Crimea and Sevastopol, repots Kommersant.
In 2011, Russian President Vladimir Putin approved a list of the country's border territories where foreign nationals are prohibited from owning land. On March 20, 2020, Putin signed a decree to amend it, and to list most of the territories of Crimea and Sevastopol.
From now on, foreigners are forbidden to own land in Yalta, Saki, Sudak, Alushta, Dzhankoi, Armiansk, …
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Russia establishes a new oil company on the day of Rosneft's departure from Venezuela
On March 28, when it became known that Russian oil giant Rosneft was terminating its operations in Venezuela, Russia’s Federal Agency for State Property Management, Rosimushchestvo, has established a new company, Roszarubezhneft, which will, in particular, be engaged in the production and transportation of oil and oil associated gas.
Interfax reports with reference to Russian Single Register of Legal Entities that the company's share capital is 322.7 billion rubles ($4.05 billion USD). It is …
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Poland declares victory over Gazprom in gas price dispute
The Stockholm arbitration ruled in Poland's favor in a five-year dispute with Gazprom over the price of gas, reported Polish state-owned oil and gas company PGNiG.
"The Court of Arbitration considered PGNiG's arguments and confirmed that the gas price under the Yamal contract was non-market and overstated," PGNiG said.
Now the Polish company will pay Gazprom for fuel under a new price calculation formula, "which is directly linked to gas prices in the Western European market.
"The court's …
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Kremlin: Putin has not asked Trump to lift sanctions against Russia
President Vladimir Putin has not asked US President Donald Trump to lift sanctions imposed on Russia, said the Russian President's press secretary, Dmitry Peskov, as cited by TASS.
On March 30, Trump suggested before a phone conversation with Putin that the Russian leader would ask him to lift U.S. sanctions, AFP reported. "He's been asking for it for two years," Trump said.
When asked by reporters whether Putin had asked for the sanctions to be lifted, Peskov said: "No, it's not so."
On …
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Crew of Russian nuclear submarine quarantined due to potential coronavirus exposure
The crew of the Russian nuclear submarine K-266 Orel (Eagle), which is equipped with cruise missiles, has been put under strict quarantine, reports the Russian news outlet Bi-Port
The reason for this is the contact of one of the submariners with a person infected with coronavirus.
"The entire crew of the nuclear submarine Orel, which is based in the Northern Fleet, has been put under quarantine. The reason for the quarantine was the contact of a civilian specialist who visited the submarine …