SPIMEX in the Media
Moscow — New quarantine restrictions in Russia risk a weakening of crude oil demand in the fourth quarter, the St. Petersburg International Mercantile Exchange (Spimex) said in an interview.
MOSCOW, Sept 21 (Reuters) - Russia's Zarubezhneft company has sold 300,000 tonnes of Urals at its first online auction on the Saint-Petersburg International Mercantile Exchange (SPIMEX) for loadings from the Baltic Sea port of Primorsk, the exchange said in its press release on Monday.
MON, SEP 21, 2020. Spimex has made some progress toward its goal of establishing Russia's Urals blend as a benchmark crude grade, with Zarubezhneft selling three export cargoes via the exchange.
London (Platts)—21 Sep 2020. Russian oil company Zarubezhneft has completed the first sale of Urals crude via an online auction on the floor of Russia's St. Petersburg International Mercantile Exchange (Spimex), the exchange said Sept. 21.
Moscow, 21 September (Argus) — Russian state-owned Zarubezhneft has awarded 300,000t of Urals crude for export through the St Petersburg International Mercantile Exchange (Spimex), the first such sale on the exchange.
MOSCOW. Aug 27 (Interfax) - The St. Petersburg International Mercantile Exchange (SPIMEX) has completed the acquisition of 5% of the charter capital of JSC Eurasian Trade System Commodity Exchange (ETS), registered in Kazakhstan, SPIMEX reported.
On July 30, 2020, Energy Intelligence magazine published the article on a long-planned balancing mechanism for the natural gas pipeline grid situation.
On July 17, 2020, Energy Intelligence magazine published the article on renewing efforts of SPIMEX to promote Russia’s Urals export blend as a new crude oil benchmark and capture a meaningful chunk of trading in the medium, sour grade.
MOSCOW. June 1 (Interfax) - Rosneft (MOEX: ROSN) has increased its presence in gas trading on the St. Petersburg International Mercantile Exchange (SPIMEX) from its position of largest supplier in April with a share of 43% to a share in excess of 50% of supplies in May.
On January 16, 2020, Energy Intelligence magazine published the article on the results of the year of SPIMEX.
Published on - Tue, 14 Jan 2020 15:33:47 GMT Russia’s Saint Petersburg International Mercantile Exchange (Spimex) may launch direct oil export auctions in 2020, SPIMEX President Alexei Rybnikov told reporters Tuesday. “We have developed an auction system, tested it and given it to companies, and they are looking at it,” he said. The auctions will take place in two stages with applications first submitted, then there will be the opportunity for short online auctions, Rybnikov said. SP...
On November 15, 2019, the Financial Times published an article based on an interview with Alexei Rybnikov, President of the Saint Petersburg International Mercantile Exchange (SPIMEX). The article is devoted to pricing issues for Russian export oil, in particular, SPIMEX plans to organize electronic auctions for tanker deliveries from the Baltic port of Primorsk.
The Nikkei published an article in its November 11, 2019 issue based on an interview with Alexei Rybnikov, President of the Saint Petersburg International Mercantile Exchange (SPIMEX). The article is devoted to the issues of pricing for Russian raw materials on world markets, in particular, the plans of SPIMEX to organize trade in wood and lumber for export. The article in Japanese.
On July 04, 2019, Energy Intelligence magazine published an interview with Alexei Rybnikov, President of SPIMEX, in which the head of the Exchange spoke about the further development of the project to improve price formation mechanism for Russian export oil.
Gas trading was launched on the Saint Petersburg International Mercantile Exchange almost four years ago. During this time, the Exchange has created a powerful technological platform, that can be effectively used for trading for export, Anton Karpov, Vice President of SPIMEX, said in an interview with Nefte Compass.
The British quarterly magazine Oxford Energy Forum in its May 2018 issue published an article by Alexei Rybnikov, President of SPIMEX, entitled Urals Crude Oil as a Futures Contract Benchmark and dedicated to the Exchange's implementation of a project to create a price benchmark for Russian export oil.
Nefte Compass, January 26, 2017 Gas trading was launched on the St. Petersburg International Mercantile Exchange (Spimex) two years ago. In an interview with Nefte Compass, Spimex Vice President Anton Karpov, who is in charge of the exchange's gas trade, looks at how the business has developed and outlines the key tasks and challenges that lie ahead.
The St. Petersburg International Mercantile Exchange (Spimex), Russia's largest commodities exchange, is gearing up to launch a Urals futures contract at the end of November, which is seen as another step towards the government's longstanding goal of establishing the Russian crude oil export grade as an international benchmark. In a comprehensive interview with Nefte Compass, Spimex President Alexei Rybnikov explains how the exchange put together the details of the contract and talks about the p...
MOSCOW, July 6 (Reuters) - Russia has granted foreign firms direct access to commodities trading on Russian exchanges in a move intended to facilitate the launch of Urals crude futures later this year. Russia's largest commodities exchange said on Wednesday foreign companies could now trade commodities or derivatives based on them without having a registered branch in Russia, following changes approved by President Vladimir Putin. Russia's government approved a blueprint for the launch of ...
The Russian government has approved a blueprint aimed at launching Urals crude futures in November, including some changes related to oil exporting schedules, according to a document seen by Reuters on Tuesday. The contracts are expected to be launched at St Petersburg International Mercantile Exchange (SPIMEX), Russia's largest commodities exchange, with a view to trade Urals futures on a free on board (FOB) basis of the Baltic Sea port of Primorsk.
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