Forbes ranks Russia’s wealthiest titans of business

Forbes ranks Russia's wealthiest titans of business While Russia’s economy continues to struggle under pressure from low oil prices and western economic sanctions, the country’s richest businesspeople continue to do very well and see their fortunes grow. By Anna Tretyak, special to RBTH. The Russian …

Russia Beyond the Headlines

Novatek eyes investment into global LNG projects

MOSCOW, April 21. /TASS/. Novatek is considering opportunities of investments into liquefied natural gas (LNG) projects, chief executive officer of the Russian natural gas producer Leonid Mikhelson said on Friday. “We are interested in investments into


Export credit agencies of Sweden, Germany to participate in Yamal LNG financing

MOSCOW, April 21. /TASS/. German and Swedish export credit agencies will participate in Yamal LNG project funding, chief executive officer of Russian natural gas producer Novatek Leonid Mikhelson said on Friday. Read also. Investment in Yamal LNG …


Energy tycoon Leonid Mikhelson tops Russia’s rich list – Forbes

Moscow: Leonid Mikhelson, co-owner of Russian gas producer Novatek, has topped Russia’s rich list for a second year running with an estimated wealth of $18.4 billion, the Russian edition of Forbes reported on Thursday. It said that Mikhelson, 61, had …

Russia’s Novatek to boost gas resources to keep output, market share steady

MOSCOW, April 21 (Reuters) – Novatek <NVTK.MM>, Russia’s largest non-state natural gas producer, is seeking to increase its resource base to stabilise gas output and keep its domestic market share steady, Leonid Mikhelson, head of the company, said on …