© Reuters. The logo of the Russian gas business Novatek in St. Petersburg Picture from the Reuters archive.
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VLAdivostok, Russia (Reuters) – Russian gas firm Novatek stated it has started promoting some petroleum goods outdoors Europe in Chinese yuan, joining Russia’s force to limit the US’s use in global trade in China. Village.
The enterprise will abandon its jobs in Montenegro and emphasis its intercontinental functions in the Asia-Pacific area, CEO Leonid Mikhelson instructed an financial discussion board in the Russian Far Japanese city of Vladivostok.
He extra that Novatek’s output will increase by about 2.5% this yr, although oil and gas condensate output is anticipated to minimize by 3-4%.
(Prepared by Amira Zahran for the Arab E-newsletter – Edited by Hassan Ammar)
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