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Oil products exchange to be established in Russia

Publish date: May 16, 2006

According to deputy chief of the Russian Ministry of Economical Development Kirill Androsov, Russia will establish oil products stock exchange by the end of 2006.

“In parallel we are solving problems of starting oil products and export oil trade on this stock”, the deputy minister mentioned. According to him, oil products stock trade can start sooner, as there are many buyers. State buying can animate this project. Russian Ministry of Economical Development plans to establish this stock by 2007. The Ministry is sure that this stock is to be registered in Russia, B-port.com reported.

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While the Polish Presidency presents an opportunity to address critical challenges, its current priorities fall short of aligning European competitiveness and security with the urgent need for climate action. Bellona’s Roadmap for 2024-2029 calls on the EU to implement ambitious and science-based climate goals to achieve climate neutrality and strengthen EU security. By focusing on industrial decarbonisation, renewable energy integration, transparent climate policy, and green public procurement, the Presidency can lead the EU towards a resilient, competitive, and climate-neutral future. As such, Bellona calls on Poland to implement more concrete and ambitious climate policies and well-functioning markets for a net-zero world.

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