Europe / Caspian / CIS
Country summary: Russia
Current deals: | 1 |
Licensing articles: | 110 |
Completed deals: | 107 |
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Russia - recent news
11 Oct 24 |
Russia: Vestas and Fortum reach settlement on arbitration related to Russian wind energy projects Vestas and Fortum have settled the arbitration regarding wind energy projects in Russia. The settlement entails that both companies waive past, present and future claims related to their legacy business activities in Russia. |
12 Jun 24 |
Uniper terminates Russian gas supply contracts Uniper has decided to terminate its long-term Russian gas supply contracts and thus legally end the long-term gas supply relationship with the Russian state-owned company Gazprom Export. The decision was made possible after an arbitration tribunal on June 7 awarded Uniper the right to terminate the contracts and awarded it an amount of more than €13 billion in damages for the gas volumes not supplied by Gazprom Export since mid-2022. |
20 Dec 23 |
Russia: OMV examines decree on OMV assets in Russia According to current information, the Russian President has signed a decree regarding the Yuzhno-Russkoye field. According to this decree, OMV's shareholdings and its interests in the gas field are to be transferred to new Russian companies, with the proceeds from the transfer to be paid into a special account. |
13 Sep 23 |
Russia: NOVATEK and Rosseti sign Agreement to supply power to the Murmansk LNG project NOVATEK and Rosseti have signed a Strategic Partnership Agreement to supply power to the Murmansk LNG project. The Agreement will enable timely start of power supply to the Company’s prospective large-scale Murmansk LNG project, whose distinctive feature is the use of electric drives for process compressors instead of gas turbines. |
14 Jun 23 |
Russia: PetroNeft Resources signs Heads of Terms for potential disposal of Licence 67 PetroNeft has entered into a non-binding conditional Heads of Terms to sell its entire interest in Lineynoye LLC, the subsidiary through which the Company holds its interest in Licence 67, to Pavel Tetyakov (CEO of PetroNeft) for a consideration of Rub 210million (US$2.56m at current exchange rates) plus the assumption of debt. |
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