OREANDA-NEWS. February 16, 2010. Veles Capital released daily market review:

Gazprom protected its rights on the former regime of customs procedures for gas. In the quarter report for 4Q 2009 Gazprom announced having attained cancellation of a number of customs rules and decisions valid earlier, which provided indirect loss in terms of increase of working capital and freezing overpaid customs duties.

By the results of 2009 LUKOIL expects the net profit to be at the level of 7 bn USD. Net profit of LUKOIL in 2009 by US GAAP formed about 7 bn USD versus 9.144 bn USD within 2008, imparts the detailed press-release by the Russia Today TV channel referring to the interview with the head of LUKOIL Vagit Alekperov.

Gazprom Neft provided data on selling products in 2009.

In the current year Surgutneftegas will keep the extraction at the level of 2009.

Evrosibenergo might conduct IPO in Hong Kong this year.

In 2010 MMC will build up the output by 27%.

AvtoVAZ decided it is time to raise the prices.