Diplomat calls US’ allegations about isolation of Russia in UN 'strange'Russian Politics & Diplomacy April 28, 20:58
Experts say Russian hackers strongly demonized in USRussian Politics & Diplomacy April 28, 20:35
Ferrari drivers clock best time in Practice Two of Russia F1 GP in SochiSport April 28, 19:54
Red Bull’s advisor Marko says Kvyat to possibly remain with Toro Rosso next yearSport April 28, 19:16
Pope Francis blesses pregnant TASS correspondent en route to EgyptWorld April 28, 18:55
Russian diplomat says use of military force against North Korean unacceptable, dangerousRussian Politics & Diplomacy April 28, 18:45
UN chief calls for lowering risk of miscalculation concerning North Korea issueWorld April 28, 18:15
Moscow deeply regrets Montenegro’s decision to join NATORussian Politics & Diplomacy April 28, 18:07
Maria Sharapova reaches Porsche Grand Prix semifinalsSport April 28, 17:50
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.