Negotiations are continuing between the assigned promoters and the city of St Petersburg for a new ABB FIA Formula E Championship round in 2020.
Rosgonki, the company which promotes the Russian Grand Prix and owns the Sochi Autodrom circuit, is working closely with Formula E to confirm a race next year.
Commercial details are believed to be ongoing in the negotiations but e-racing365 understands that despite recent stalls on the talks, a resolution could be reached in the coming months.
“I can gladly confirm that our company Rosgonki, which is the Formula 1 Russian Grand Prix promoter and Sochi Autodrom owner, is working on bringing Formula E back to Russia [with Saint Petersburg being the preferred location] from Season Six,” Rosgonki managing director Sergey Vorobyev told e-racing365.
“We are targeting spring-summer date in 2020. We are more than happy with how our negotiations with [Formula E chairman] Alejandro Agag and his team are proceeding and will comment further when more details are available.”
Vorobyev was one of the driving forces behind Russia securing its first-ever Grand Prix in 2014 with the fixture now a regular slot on the Formula 1 schedule.
Another potential venue in the south-western Krasnodar Krai region has also been investigated but St Petersburg is now believed to be the clear favorite to host an E-Prix in Season Six, which kicks off later this year.
“They are really keen and we are trying and there is a possibility and it would probably be in June  and it will be in St Petersburg,” Agag told e-racing365.
“The deal is not done yet. They want it and we want it but sometimes that’s not quite enough, so we will see how it goes.”
Nelson Piquet Jr won Russia’s only E-Prix held to date on a circuit situated close to the Moscow Kremlin in 2015.