“We have received an extremely negative experience of foreign participation in exploration projects in Russia’s East,” said Gazprom’s deputy chairman. The company is against giving Russian subsoil to foreign companies to develop. In an attempt to reduce Russia’s dependence on Belarus for oil transit, the Russian Ministry of Industry and Energy and the pipeline monopoly Transneft have prepared a draft for the construction of a second pipeline leading to the Baltic port of Primorsk. Unified Energy System (UES) said its net profit had decreased 31%, year on year.