OREANDA-NEWS. December 14, 2009. Veles Capital released daily market review:

LUKOIL and Gazprom Neft attained contracts in Iraq. The second round of tenders for the right of exploring the oil and gas deposits in Iraq ended with the win of two Russian oil companies. So, as expected, LUKOIL won West Kurna-2 with the extractable supplies of approximately 12.9 bn barrels of oil, and the intrigue was the fact that the Russian company went on the tender not with its American partner ConocoPhillips, but with Norwegian Statoil. The other Russian company, Gazprom Neft, together with the Turkish TPAO, South Korean Kogas and Malaysian Petronas got the license for Badra oil deposit.

FST ups the tariffs for local communication. The management of the Federal service on tariffs (FST) of RF made a decision on Friday to up the limit level of tariffs for the local communication services, provided by MCTN by 10.3% including the monthly fee for the subscriber’s line. Besides, the decision to raise the limit level of tariffs for the local communication services, provided by Sibirtelecom, Dalsvyaz and Centrtelecom by 9.9%, 10% and 9.6% respectively, has been made also.

Oil export duty will reduce by 1.5% since January 1. Export duty for oil from Russia might lower from January 1 2010 by 1.5% versus the level of export duty in December and form 266-268 USD per ton, which follows from the calculations based on the oil price watch from November 15 to December 10, provided by the Ministry of finance of RF. The export duty forms 271 USD per ton from December 1.