OREANDA-NEWS. February 01, 2010. Veles Capital released daily market review:

Affect of zero rates for all the oil from East Siberian deposits of Rosneft will be valid through at least March 1. Not all the oil extracted from Vankorskoe deposit of Rosneft matches the features of zeroing the custom duties at oil export – that has been announced by the vice-president, minister of finance of RF Alexei Kudrin, imparted Interfax.

CTPZ Group reduced shipping of pipes in 2009 by 23%, expects growth in 2010. Enterprises of the pipe division of CTPZ Group reduced the pipes’ shipping to consumers in 2009 by 23% versus 2008 estimates to the level of 1.131 mn tons, imparts the message of the group. CTPZ sold 583 thousand tons of pipes in 2009, PNTZ – 548 thousand tons of pipes. In December 2009 sum total shipping by the pipe plants of the group grew by more than twice to 125 thousand tons versus the similar period of 2008 (54 thousand tons). Growth of shipping at the end of the year took place primarily in the big diameter pipes segment (in December CTPZ launched pipe output for pipes for ESPO-2 of AC Transneft).