Support The Moscow Times!

TNK-BP to Serve Inter RAO

TNK-BP agreed Thursday to deliver gas to the Nizhnevartovsk power plant, controlled by electricity generator Inter RAO, which seeks to diversify suppliers, the companies said.

The companies did not disclose financial terms, though Mikhail Slobodin, who oversees gas business at TNK-BP, said the company will supply the plant with up to 3.5 billion cubic meters of gas a year for the next 18 years.

TNK-BP owns 25 percent plus one share in the Nizhnevartovsk plant, which has a capacity of 1.6 gigawatts.

(Reuters)


Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.