OREANDA-NEWS. June 23, 2010. Veles Capital released daily market review:

Gazprom reduces forecast on export and price of gas for 2010. Gazprom reduced export forecast for 2010 to 145 bn cubic meters and the forecast on prices for gas to Europe from 326 USD to 308 USD per cubic meters, announced the deputy representative of Gazprom Alexander Medvedev to the journalists, imparts Interfax.

Transneft will build up length of its system by 11% till 2014. Transneft might build up the length of its system of pipelines by 11%, having invested about 1 bn RUR to that, announced the vice-president of the company Vladimir Kushnarev, imparted Interfax.

Uralkaliy estimated the investments in Ust-Yava in 1 bn USD and considers the possibility of issuing Eurobonds. Uralkaliy is considering the possibility of issuing Eurobonds for financing the investment program, announced the deputy director on Finance of the company Ilya Kosih to the journalists, imparted Interfax. Earlier the financial directorof the company Viktor Belyakov said that the agro-chemical company estimates the required investments in exploration of Ust-Yavinskoe area in the volume of 1 bn USD within the coming 5-7 years.