OREANDA-NEWS. September 24, 2009. Veles Capital released daily market review:

Gazprom has totally executed the option and became the owner of 51% of SeverEnergy. Gazprom closed the deal on purchasing 51% of SeverEnergy, LLC, which owns Arktikgas, Urengoil and Neftegastechnologii with sum total supplies of 1.35 bn cubic m of gas and 722 mn tons of oil and condensate. Amount of the deal formed about 1.6 bn USD.

The state might lower the support to motor-car producers by two times… Next year 20 bn RUR will be directed to purchasing vehicles via the state program. That actually means the state program of purchasing automobiles, which is financed on behalf of the federal budget, is being reduced by 2 times versus 2009.

…however, it will support them by the old vehicles’ recycling program. In its turn, according to Kudrin, in 2010 a program of recycling old vehicles will be launched. The program provides for recycling old vehicles in exchange to a voucher nominated in 50 thousand RUR, which the vehicle owner might use when buying a new vehicle of domestic make. Kudrin announced that 10 bn RUR will be assigned for those purposes next year.