Platts & Interfax Announce Launch Of 'energoscan-interfax & Platts,' A New Weekly Informational Bull

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24th November 2008, 10:15pm - Views: 734





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Platts & Interfax Announce Launch of 'EnergoScan-Interfax & Platts,' A New Weekly

Informational Bulletin on Russian Utilities Sector


MOSCOW, Nov. 24 /PRNewswire-AsiaNet/ --


    Platts, a leading global provider of energy and commodities information and a

division of The McGraw-Hill Companies (NYSE: MHP), today announced it is joining

forces with Interfax Information Services Group, a leading source of real-time

business news from Russia and the CIS, to launch EnergoScan-Interfax & Platts

(http://www.energoscan.ru), a new Russian-language publication serving the needs

of Russia's energy, business, and financial communities.


    "The Russian government's decision to deregulate some energy prices by the

use of exchanges has spurred an unprecedented demand for timely information on

energy markets both inside and outside the Russia/FSU region," said Ekaterina

Troshinkina, Platts Russia/FSU Regional Business Manager.  "This transition has

spawned the need for EnergoScan-Interfax & Platts, which we believe will meet the

demands from energy producers and users, alike, for reliable, timely news and

physical market price information across the entire energy spectrum."

 

    As the region's energy pricing becomes more market driven, correlations

between Russia's energy prices and existing European and global benchmarks are

expected to narrow. And via EnergoScan-Interfax & Platts, the region's fuel

buyers and traders will now have access to not only weekly averages of Platts

price assessments of Russian Urals crude oil, Russian High Sulfur Fuel Oil, and

diesel and gasoline, but also to key regional and European price assessments in

electric power, natural gas, coal and petroleum products.


    "EnergoScan-Interfax & Platts aims to be an essential business resource by

helping industry participants make better, informed trading and investment

decisions and facilitating greater transparency and efficiency in markets,"

Troshinkina said. 


    In addition to current and historical price data from Platts, the new

electronically-delivered weekly will include news, surveys, supply and demand

fundamentals, commentary and more on the region's integrated power generation

market. 


    "As the region's leading real-time source of business news, we're pleased to

join forces with Platts, the recognized global leader in benchmark pricing, to

offer this unique business tool at such an important time in Russia's energy

market evolution," said Yuri Pogorely, Deputy General Director, Financial &

Business Information Services of the Interfax Group. 


    Established in 1989, Interfax Group brings together a network of national,

regional and specialized news agencies operating throughout Russian and other CIS

countries, as well as in China and Central Europe. Co-headquartered in Moscow and

London, Interfax provides more than 100 services to companies, banks, financial

market participants, investors, media organizations and government agencies.

These include news, stock market information, analysis, databases, ratings,

credit reports and IR services.


    For more information on EnergoScan-Interfax & Platts or to subscribe, contact

Platts in Moscow by calling +7(495) 783-41-49, faxing +7(495) 783-4142, e-mailing

info_ru@platts.com, or online at http://www.energoscan.ru.


    About Platts:

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    Platts, a division of The McGraw-Hill Companies (NYSE: MHP), is a leading

global provider of energy and commodities information. With nearly a century of

business experience, Platts serves customers across more than 150 countries. From

17 offices worldwide, Platts serves the oil, natural gas, electricity, nuclear

power, coal, emissions, petrochemical, shipping and metals markets. Platts' real

time news, pricing, analytical services, and conferences help markets operate

with transparency and efficiency. Traders, risk managers, analysts, and industry

leaders depend upon Platts to help them make better trading and investment

decisions. Additional information is available at http://www.platts.com.


SOURCE: Platts


    CONTACT:

    Russia

    Ekaterina Troshinkina, Platts

    +7 985 7647970

    Ekaterina_troshinkina@platts.com


    or


    Galina Vorontsova, Platts 

    +7 495 783 4092

    galina_vorontsova@platts.com


    or


    Yuri Pogorely, Interfax

    +7 985 920 66 06

    yp@interfax.ru


    U.S.

    Kathleen Tanzy

    +1-212-904-2860

    Kathleen_tanzy@platts.com







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