OREANDA-NEWS. On 20 July 2009 Veles Capital Released Daily Review:

Mosenergo reported for 1Q 2009 by IAS. Sales of Mosenergo by the end of 3 months of 2009 reached 38 bn RUR, which is by 22% higher than the given estimate for the similar period of the previous year. Sales growth was due to the upping of the useful output of heat energy and growth of output tariffs for power and heat energy. Expenses on the current activity of the company within the reported period totaled 32 bn RUR, having upped by 13%.

13 deposits in East Siberia will operate via special export duty. Prime-minister of RF Vladimir Putin signed an agreement on introducing a special export duty for oil, extracted from 13 deposits of East Siberia.