Manta considering growth options
News from Emerging Markets
Russian gas giant Gazprom has signed a shareholder agreement for participation in capital of a company which will operate the future Nord Stream-2 pipeline with Shell, BASF/Wintershall, Engie, OMV and E.ON, an executive of one of the companies told PRIME Friday. "We have signed the shareholder agreement," the executive said.
Mongolia - Agriculture Ministry of Mongolia set to stabilize domestic flour product supply and prices
The Ministry of Agriculture and Food of Mongolia has signed a memorandum of understanding to support Talkh Chikher, flour and baking company to stabilize domestic flour product supply and prices, The UB Post reports. The Ministry agreed to provide the company with wheat through the Plantation Owner Support Fund.
Section: Business News - China is planning to cut more import-export fees in a bid to buoy its sinking foreign trade.
Singapore's manufacturing contracted further in August, with the Purchasing Managers' Index (PMI) dropping to 49.3, down from 49.7 in the previous month, said the Singapore Institute of Purchasing & Materials Management on Wednesday.
Russian gas giant Gazprom has signed two asset swap agreements, with Austria's OMV and Germany's Wintershall, the Russian company said in a statement Friday. Gazprom will receive gas storage capacities in Europe Wingas, Wieh, Wiee from Wintershall and a 50% stake in Winz, a company developing oil and gas in the North Sea;
Russian state-owned oil major Rosneft have signed an agreement to sell 15% in Vankorneft, the operator of the Vankor hydrocarbon field's development, to India's ONGC and a shareholder company management agreement, it said in a statement on Friday without disclosing the deal's value.