| July 2009 |
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Nabucco is not a serious rival to Russia's Nord Stream and South Stream gas pipeline projects, First Deputy Prime Minister Viktor Zubkov said on Wednesday.
The official dollar rate set by the Russian Central Bank for July 16 is 32.047 rubles, down 46.02 kopeks from Wednesday, the Central Bank said. 
Russia's oil output (including gas condensate) increased 0.1%, year-on-year, in January-June 2009 to 242 million metric tons (1.77 billion barrels), the Federal Statistics Service Rosstat said on Wednesday.
Russia's GDP fell an estimated 10.1% in January-June 2009, Economic Development Minister Elvira Nabiullina said on Wednesday. 
The European Bank for Reconstruction and Development (EBRD) has approved a $500 million long-term loan to Russian Railways (RZD), the top European lender said on Wednesday.
Russia will raise its oil export duty from the current $212.6 to $222 per metric ton from August 1, the Finance Ministry said on Wednesday.