<a href=/RCL/BAN/009/?lnk=yes target=_blank><img src=/RCL/BAN/009/141014_1.gif width=1050 height=60 border=0></a>
Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact Us
Customer Login
 


Headlines
 

12/18 10:05   SISTEMA SHARES SOAR MORE THAN 18% ON NEWS YEVTUSHENKOV RELEASED FROM HOUSE ARREST
 
12/18 10:04   DOLLAR DOWN 85 KOPECKS TO 59.37 RUBLES, RUBLE STRENGTHENING
 
12/18 10:03   RUSSIAN STOCK MARKET GAINS, MICEX AND RTS INDEXES UP 1.3-3.6%, SISTEMA SOARS 18%
 
12/18 09:52   Heightened H2S levels registered in east and southeast of Moscow
 
12/18 09:40   Russia transfers $1Mln to ICRC to help people in southeastern Ukraine
 
12/18 09:30   Banks have 1456.9 bln rbs on CBR correspondent accounts on December 18
 
12/18 09:30   Moscow press review for December 18, 2014
 
12/18 09:26   Russia's tenth aid convoy with New Year's presents en route to Donbas
 
12/18 09:24   Two militants killed in Kabardino-Balkaria operation - source
 
12/18 09:18   Launch of South African satellite from Baikonur Cosmodrome postponed by 24 hours
 




 

Interfax.com  |  Interfax news  |  Russian revenue from electricity exports down 32%...


News headlines


May 08, 2014 14:59

Russian revenue from electricity exports down 32% in Q1 - customs

MOSCOW. May 8 (Interfax) - Russia's revenues from electricity export declined 32% year-on-year in the first quarter of 2014 to $206.5 million, the Federal Customs Service (FCS) said.

In physical terms, export fell 31% to 3.9 billion kilowatt hours (kWh).

Revenues from exports to non-CIS countries totaled $135.4 million in terms of value, but fell 37.2% to 2.6 billion kWh in physical terms. Exports to CIS countries totaled 1.3 billion kWh for $71 million.

The overall slump for electricity exports is connected with an unfavorable pricing environment on Russia's domestic market and foreign markets for electricity, Inter RAO UES (MOEX: IRAO), the Russian operator for import-export operations on electricity markets, has said previously.

As an example, average spot prices on the Finnish market (Nord Pool) fell 16.2% year-on-year in Q1, and those of the Lithuanian market (Nord Pool, Lithuanian zone), fell 4.4% while prices were high on the Russian market.

Russia imported 769 million kWh of electricity in Q1 for $19.7 million, representing 23% decline in physical terms, and 26% in terms of value. Russia imported 19.2 million kWh from non-CIS countries for $400,000, and 750 million kWh from CIS countries for $19.3 million. The decline in imports from the CIS occurred because of significantly less shipments from Kazakhstan. This was due partly to economic reasons, and partly to a reduction in the framework of parallel grid operations, Inter RAO has said. Imports from non-CIS countries grew because of test electricity imports from Finland.

Kazakhstan accounts for the main share of import, while the largest markets for Russian electricity are Finland, Belarus, Lithuania and China.

Kh of

(Our editorial staff can be reached at eng.editors@interfax.ru)

/Interfax/
 Subscription
You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested.
Title:


Phone:


E-mail:


First name:


Company:


Country:
Last name:


Division:


City:
Products:
Central Asia & Caucasus Business Weekly
Central Asia General Newswire
Global Gas Analytics
Global Natural Gas Daily
Interfax Via Bloomberg Terminal
Kazakhstan General Newswire
Kazakhstan Mining Weekly
Kazakhstan Oil & Gas Weekly
Russia & CIS Announcements
Russia & CIS Banking and Finance Weekly
Russia & CIS Business and Financial Daily
Russia & CIS Business and Financial Newswire
Russia & CIS Business and Investment Weekly
Russia & CIS Business Law Weekly
Russia & CIS Business news
Russia & CIS Defense Industry Weekly
Russia & CIS Diplomatic Panorama
Russia & CIS Energy Daily
Russia & CIS Energy Newswire
Russia & CIS Events Calendar
Russia & CIS Food and Agriculture Weekly
Russia & CIS General Newswire
Russia & CIS Headline News
Russia & CIS Insurance Weekly
Russia & CIS IT and Telecom Weekly
Russia & CIS Metals and Mining Weekly
Russia & CIS Military Daily
Russia & CIS Military Newswire
Russia & CIS Military Weekly
Russia & CIS Oil and Gas Weekly
Russia & CIS Presidential Bulletin
Russia & CIS Statistics Weekly
Russia Health & Pharmaceuticals
Russia Market Roundup
Russia Press Review
Ukraine Business Daily
Ukraine Business Weekly
Ukraine General Newswire
Please enter the digits from picture in the box below:

December 18, 2014
 
09:52
Heightened H2S levels registered in east and southeast of Moscow
 
09:40
Russia transfers $1Mln to ICRC to help people in southeastern Ukraine
 
09:30
Banks have 1456.9 bln rbs on CBR correspondent accounts on December 18
 
09:30
 
09:26
Russia's tenth aid convoy with New Year's presents en route to Donbas
 
09:24
Two militants killed in Kabardino-Balkaria operation - source
 
09:18
Launch of South African satellite from Baikonur Cosmodrome postponed by 24 hours
 
09:10
LAUNCH OF SOUTH AFRICAN SATELLITE FROM BAIKONUR POSTPONED BY 24 HOURS - SOURCE
 
09:00
RUSSIA AND FSU GENERAL NEWS
 
08:35
Results of forex trading on Moscow Exchange on December 17
 
05:00
Russia political and economic calendar: December 18
 
December 17, 2014
 
22:29
Geneva round of talks on Iranian nuclear issue was not breakthrough - Ryabkov
 
22:23
Next round of P5+1 talks with Iran slated for Jan - Ryabkov
 
22:19
Moscow hopes legally binding accord to be reached on Iranian nuke issue
 
 more headlines 



Interviews
 

.
Germany‘s E.ON is spinning its Russian business off to a "New Company" which will be transferred to the company‘s shareholders, with plans to list it in 2016. Apart from the Russia business, the new company will receive all of E.ON‘s conventional energy assets. E.ON itself will focus on renewable energy and innovation. Johannes Teyssen, E.ON‘s CEO, told Interfax in an interview of the logic behind the decision and its implications for the concern‘s Russian subsidiary OJSC E.ON Russia.

more
.
.
Australian Ambassador to Russia Paul Myler has given an interview to Interfax ahead of the G20 summit in Brisbane in which he speaks about the MH17 crash, the reasons for joining the West‘s sanctions against Russia and explained why Australia expects changes in Russia‘s food policy by March 2015.

more
.
.
The name Arkady Rotenberg has been in the news far more frequently than usual in recent months. The billionaire was hit by the first wave of European Union sanctions against Russia, and has already challenged this decision in court. Recently it was reported that the businessman has sold part of his assets to his eldest son. Arkady Rotenberg spoke in an interview with Interfax about whether there was a link between these two developments, the impact of sanctions on his business, his friendship with President Vladimir Putin and many other topics.

more

 
  
 ©   1991—2014   Interfax Information Service. All rights reserved.
contact information   |   Interfax offices   |   made by web.finmarket

News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax.

Browse other Interfax sites:  Interfax.ru   |   IFX.RU   |   Interfax Group   Rambler's Top100