Page 102 - RusRPTFeb21
P. 102
8.5.1 Fixed income - bond news
9.0 Industry & Sectors 9.1 Sector news
9.1.1a Oil & gas sector results
102 RUSSIA Country Report February 2021 www.intellinews.com
Moscow’s Domodedovo airport plans to buy back the Eurobonds maturing in 2021 and 2023, according to the company’s documents seen by PRIME on Wednesday. The company plans to fully buy back US $350mn of Eurobonds maturing in 2021 and up to $150mn of $300mn Eurobonds maturing in 2023. The airport plans to issue new Eurobonds to finance the buyback.
Russian liquids production in December averaged 10.0mn bpd, down 10.9% y/y but up 0.3% MoM. Gas production fell 1.6% y/y to 66.3bcm, with Gazprom’s production down 2.4% y/y in December to around 45.0bcm, according to preliminary estimates reported by Interfax. Russian liquids exports were down 1.7% m/m to 3.1mn bpd, while exports via Druzhba slipped 5.6% m/m in bpd terms. Exports to China were up 0.8% m/m to 826mbpd in