Putin, Rouhani stress importance of joint efforts in settlement of Syrian conflictRussian Politics & Diplomacy May 27, 14:32
Federatsiya spacecraft’s first flight may be rescheduled to 2022 - sourceScience & Space May 27, 14:29
Zbigniew Brzezinski dies at age of 89World May 27, 6:57
More than two-thirds of Russians say would like to venerate St Nicholas’s relicsSociety & Culture May 27, 6:40
Russian space budget may grow this yearScience & Space May 26, 20:48
Moscow hopes London High Court will deliver judgement on Ukraine’s debt to Russia soonBusiness & Economy May 26, 20:21
Hungarian top diplomat: EU must discuss anti-Russian sanctionsWorld May 26, 19:56
Russian, French top diplomats discuss preparations for Putin’s visit to FranceRussian Politics & Diplomacy May 26, 19:47
Moscow comments on Tallinn’s move to expel Russian diplomatsRussian Politics & Diplomacy May 26, 19:43
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.