Articles by Yelena Mazneva



Miller Will Stay at Gazprom

Gazprom chairman Alexei Miller's contract expires in May, but the government is not looking to replace him, despite his reported desire to resign because of health concerns.

Novatek's Largest Shareholder Is Its CEO

Novatek's longtime CEO Leonid Mikhelson is also the gas producer's largest shareholder with a stake of 27.17 percent, which combined with Gennady Timchenko's 23.49 percent gives the businessmen a controlling stake, Vedomosti has learned.

Fertilizer Industry Resists Rising Gas Prices

Having accepted the inevitable liberalization of gas prices, manufacturers of nitrogen fertilizers are seeking their own formula for how to calculate what they will have to pay for their primary raw material.

E.On Asks for Lower Gas Prices

Germany's E.On is asking Gazprom to lower its prices for gas again, after convincing the export monopoly to give way on prices just this spring.

Gazprom Keeps Projects in Rotenberg's Pipeline

In its first full year of operations, Arkady Rotenberg's contracting business managed to become the industry's second-largest player by revenue, thanks in large part to its contracts with state-run Gazprom, Vedomosti has learned.

Sheikh Aids Berezovsky, Abramovich Split

Sheikh Sultan bin Khalifa al Nahyan of Abu Dhabi brokered two deals between Roman Abramovich and Boris Berezovsky, perhaps earning a commission of $260 million, Vedomosti reported.

Legal Flaw Jeopardizes Strategic Sector Investment

Major purchases by Gazprom, Gazprom Neft, Novatek, Sistema and other companies could be ruled invalid because of a broad interpretation of the phase "a group of entities," though officials are promising to fix the legal flaw.

Sistema Agrees to Buy 49% Of Russneft

Sistema, billionaire Vladimir Yevtushenkov's holding company, said Friday that it reached an agreement to buy 49 percent of oil producer Russneft for no more than $100 million.

Energy Ministry Reduces 2015 Power Forecast

The Energy Ministry is rewriting its GOELRO-2 power plan, under which 20 percent to 25 percent less capacity will be built by 2015 than had been expected when the document was created four years ago.

Russian Technologies May Miss Out on Aeroflot Stake

The six airlines handed over to Russian Technologies by presidential order in 2008 and 2009 could now be handed over to Aeroflot for management because the two state-run companies cannot agree on how to manage their aviation assets jointly..

Putin's Judo Partners Have Grip on Gazprom

Brothers Boris and Arkady Rotenberg, two long-time Judo acquaintances of Prime Minister Vladimir Putin, have large footholds in Gazprom's pipe-building contracts, but Gazprom denies any preferential treatment.

Gazprom Middlemen Face Audit On Exports

Gazprom is conducting an internal audit of export schemes to sideline unnecessary intermediaries, a manager at the state-run gas export monopoly told Vedomosti.

Gazprom Mulls Creation of Rival to Novatek

Gazprom, concerned by Novatek's partnership with oil trader Gennady Timchenko, is considering swapping part of its stake in the company for 51 percent of Sibneftegaz, which it could then merge with Nortgaz and Purgaz to create a third major Russian gas producer.

Timchenko Investing in Business Terminal at Sheremetyevo

Gennady Timchenko, a co-owner of the Gunvor oil trader, is investing in a business-aviation terminal at Sheremetyevo Airport, Vedomosti has learned.

State Won Big in Sakhalin Buy

After Gazprom bought out its international partners in Sakhalin-2 in 2007, the state received a privileged share in Sakhalin Energy, which paid a $1.35 billion dividend, Vedomosti has learned.

Gazprom Loses $1Bln in Write-Off for Europe

Gazprom lost about $1 billion in revenue as a result of the 2009 gas dispute with Ukraine, it has emerged.

Polish Gas Talks Move Forward

Gazprom and Polish state energy firm Polskie Gornictwo Naftowe i Gazownictwo, or PGNiG, will each take 50 percent stakes in Europol Gaz, which operates the Yamal-Europe pipeline in Poland.

Putin Looks for Yamal Partners

The prime minister will meet Thursday with executives from Shell, Exxon, E.On and other gas companies as part of a search for foreign partners to develop the gas fields on the Yamal Peninsula.

Putin to Help Gazprom, Novatek Find Foreign Investor

Putin will meet with the heads of several of the world’s biggest energy companies on Thursday in Salekhard, Yamal, to discuss two gas fields owned by Gazprom and Novatek.

Developers Vying for Vnukovo

Competition to build Vnukovo Airport's new terminal is heating up, with four developers said to be vying for the contract even before the tender has been announced.