OREANDA-NEWS. March 12, 2010. Veles Capital released daily market review:

Surgutneftegas built up the volume of its investment program in 2009 by 9.2%. Capital investments of Surgutneftegas in 2010 will form 118 bn RUR, imparted to the journalists CEO of the company Vladimir Bogdanov. Growth versus 2009 investment program forms 9.2%.

Authorities negotiated features of long-term market of power. Profile authorities reached an agreement on the principal price features of the long-term market of power, announced several sources within the branch. In particular, the price cap has been negotiated on the proposal of MEDT – on the first price zone (European part of RF and Urals) the price cap will form 110 thousand/MW per month, and on the second zone (Siberia) – 120 thousand/MW per month for all types of heat energy.

From April 1 export duties will add 6.1%. Export duty for the oil export from Russia from April 1 2010 might up by 6.1% versus March duty and might form 268-269 USD per ton, that follows from the calculations based on monitoring oil prices from February 15 to March 10 2010, provided by the ministry of finance of RF. Note, from March 1 the oil export duty forms 253.6 USD per ton.