Nord Stream 2 financing model to be ready by year end - OMVBusiness & Economy February 24, 13:44
Churkin left bright mark in history of Russian diplomacy, Lavrov saysRussian Politics & Diplomacy February 24, 12:20
Cargo spacecraft docks ISS in automatic modeScience & Space February 24, 11:58
Belarus to present to European Commission report on NPP stress tests' results - ministryBusiness & Economy February 24, 11:36
Funeral ceremony for UN Ambassador Vitaly ChurkinRussian Politics & Diplomacy February 24, 10:35
Moscow appoints acting permanent representative to UN after Vitaly Churkin’s deathRussian Politics & Diplomacy February 24, 8:25
Pentagon wants more senior-level talks with Russia on security of flights in Syria — mediaWorld February 24, 8:15
IAAF approves application of three Russians to compete as neutral athletesSport February 24, 1:43
US lawmakers present no evidence of Russia’s interference in US election - Russian MPRussian Politics & Diplomacy February 23, 21:42
LONDON, November 27. /TASS/. Russian oil company Lukoil expects all the restrictions barring the company from listing in Hong Kong to be lifted by mid-2015, Vice President Leonid Fedun said Thursday in a conference call.
“We expect all the restrictions to be lifted by the middle of next year,” Fedun said. “We see certain difficulties in working with western capital markets. We have many projects with Chinese companies, so entering the Asian market, a listing on the Hong Kong Stock Exchange is the main way.”
Lukoil held preparations for listing in Hong Kong in February because Russia had not ratified an International Organization of Securities Commissions (IOSCO) memorandum by then.
Fedun also said the company signs ruble-denominated contracts with its contractors. “We sign ruble-denominated contracts with international contractors,” he said, adding that Lukoil is trying to aim at Russian contractors.
“We aim more and more at Russian contractors, who are not very sensible to the volatility of the ruble rate against the US dollar,” he added.