Economy of Russia

Turkey's natural gas imports from Russia declined by 36 percent on an annual basis to 8.1 billion cubic meters in the first half of 2019, data published by Russia's Gazprom has shown.

Gazprom expects the volume of gas exports to Europe to be reduced this year to the level of 2017 - up to 192 billion cubic meters, with the export price estimated to be 13% lower than in 2018. This was announced by Gazprom Export Head Mikhail Malgin.

Moscow and Ankara are in talks regarding the joint production of parts of the S-400 air defense system, the head of Russian weapons exporting company Rostec said on July 22.

Russia will explore the Moon with the help of robots with artificial intelligence, the Roscosmos federal space agency said.

"The involvement of a person in this program is harmoniously combined with the use of automated spacecraft and robot with elements of artificial intelligence," said the press service of the corporation.

Bulgaria will start talks with Gazprom on lowering the price of natural gas, Bulgaria's Energy Minister Temenuzhka Petkova said on June 21. Bulgaria will refer to the decision of the European Commission, which allows the parties disadvantaged by the Russian company because of the higher prices to start negotiations, reports BNT

President Rumen Radev participates today in the Petersburg International Economic Forum. Over the last 21 years, the Forum has become a leading global platform where business community members meet and discuss key economic issues.

,,It is important to develop economic cooperation with Russia despite sanctions and counter-sanctions'', Bulgarian President Rumen Radev said in an interview with TASS ahead of his visit to Russia's Northern capital to participate in the St. Petersburg International Economic Forum (SPIEF), TASS reported.

Russia was "ready to cooperate" to sell Ankara Su-57 fighter jets if Turkey's participation in the F-35 jet program with the U.S. fell through, the head of the Russian state-owned Rostec Corporation's Sergey Chemezov said on May 2.

Romania's Prime Minister Viorica Dancila on Friday participated in the opening of a business and trade forum in Dubrovnik, Croatia, on the side-lines of a summit of the heads of government of the Central and Eastern Europe - China 16 + 1 co-operation format, where a website of the 16+1 SME management co-ordination mechanism managed by Croatia was inaugurated.

Bulgaria's Bulgargaz has struck a deal to buy 1.5 million megawatt hours of natural gas from Greece's Public Gas Corporation (DEPA), the first time the state provider has bought gas outside its long-term contract with Russia's Gazprom.