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
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
About Platts:
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
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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