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breakingnews
05.10.2009, 19:03
Major shareholders in Russia’s number 2 mobile operator, VimpelCom, Norway’s Telenor and Russia’s Alfa Group, have ended a corporate feud which has haunted the Russian investment climate for much of this decade.
08.10.2009, 21:25
Gold is the strangest of commodities, used essentially only for adornment and investment. But the oldest measure of wealth, and its reemergence this decade, tells us a lot about our world.
09.10.2009, 20:20
A week with focus on nanotechnology and Russian science has seen Rosnano, and AFK Sistema announce they will invest half a billion dollars in the production of microchips, using 90 nanometers technology.
21.05.2009, 23:29
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President Dmitry Medvedev welcomed European leaders to Khabarovsk for the EU Russia Summit, with energy issues are again taking centre stage.
11.09.2009, 17:16
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President Dmitry Medvedev heads to the Caspian and Central Asia this weekend for talks with Russia's gas suppliers. Business RT spoke with Mikhail Krutikhin, Partner at Rusenergy about the significance of the links.
22.12.2009, 10:17
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Russia has agreed to resume gas imports from Turkmenistan, starting in January, after a new contract was signed in the presence of Russian and Turkmen Presidents who are meeting in Ashgabat on Tuesday.
02.07.2009, 22:59
1 comment
Gazprom is in talks to build the vast South Stream gas pipeline to the EU through Turkish waters. Moscow wants to bypass unreliable transit states, but experts told RT Turkey will become a "Second Ukraine."
31.07.2009, 13:38
1 comment
Gazprom has begun construction of a new gas link to the Pacific, allowing it to expand its liquefied gas business and tap new markets. The pipeline will run from Sakhalin island to Vladivostok.
26.11.2009, 17:15
1 comment
Electricite de France is expected to sign an agreement on the South Stream gas pipeline with Gazprom during Prime Minister Putin's visit to Paris. The deal may reflect shifting European opinion on the project.
08.06.2010, 14:25
1 comment
Russia is committed to the second stage of the Blue Stream gas pipeline, but it won't extend to Israel, according to Prime Minister, Vladimir Putin, speaking in Turkey.
Published: 10 October, 2009, 08:34
Edited: 10 October, 2009, 13:01
Iran says it will supply half the capacity for the Nabucco international gas pipeline. It will invite foreign firms to overhaul its decrepit gas infrastructure, but Nabucco's key shareholder says that will not be enough.
Nabucco has been delayed for two years. This is why it was easy for Iran to make an offer. Of course that the Iranian gas is really the only meaningfull way to fill Nabucco. And as they say, the Nabucco saga will not end until "the fat lady sings". In this opera, however, Iranian role will feature prominently. Whose project is it anyway? Ms. Clinton, in her confirmation hearning promised action on Nabucco. Now why would US Congress have any such inerest, as to have its top diplomat spend her energy on it? If Europe keeps on waiting on the clues from Washington, it will wait for a long time. Or it can take Iran's offer. But in that case, Caspian gas will be of value only, and only, if Turkmenistan sells the gas to Iran. And Turkmenistan can do that only if it sells "Russian" gas, that is, the gas that Turkmenistan sold to Russia until 2028. The new Turkmen finds will flow to China, as we already know. However, where is here the profit for US and UK majors? So, the problem is, US and UK majors will get their profits only if THEY unlock the Caspian and Iranian gas. Not if this can be done WITHOUT them, and with the cooperation of all in the region? Somebody may find a formula for profit sharing that these companies could earn, if they are let in on the action. But then, this is not on THEIR terms! So, what is the answer? More wars, more pressure --- until the price is right. Europe will then pay for "the freedom" by paying this surcharge to US/UK energy majors. South Stream sounds better and better.