Red Bull’s principal Horner says Kvyat’s confidence grows ahead of Russia F1 GPSport April 28, 15:59
Finishing Russia Grand Prix in top five will be good for Red Bull drivers — team principalSport April 28, 15:54
Austria’s OMV head tells Putin about joint plans with Gazprom to extract gas in SiberiaBusiness & Economy April 28, 15:16
Central Bank may lower key rate to 8.5% by year’s end — Ex-Finance Minister KudrinBusiness & Economy April 28, 15:02
Russia to reach target oil production cut level on April 30 — energy ministerBusiness & Economy April 28, 14:36
Bernie Ecclestone says racing track in Sochi remains among his favorite onesSport April 28, 14:19
Russia ready to provide Hitler’s skull to scrutinize its authenticitySociety & Culture April 28, 14:15
State-run Ukrainian bank launches seizure of ex-president Yanukovich’s assetsBusiness & Economy April 28, 14:05
Russia to upgrade parachute for Ratnik ‘soldier of future’ combat outfitMilitary & Defense April 28, 13:46
MOSCOW, December 9. /TASS/. The Russian oil benchmark will go live already in 2016 and all conditions to do so are created, Deputy Head of the Federal Antimonopoly Service Anatoly Golomolzin said on Wednesday.
"Relevant organizational measures were implemented and rules were approved. Trial trading is underway. All the conditions are provided to launch the relevant benchmark in 2016," the official said.
Measures to launch the Russian benchmark in trading of oil export contracts were prepared in cooperation with the St. Petersburg International Mercantile Exchange. "Relevant concept and plan were prepared and trade rules were approved. We believe we will be able to launch sustainable trading and receive exchange quotations in 2016," Golomolzin added.