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23.03.2009, 15:36

State support depends on efficiency: Shuvalov

First Deputy Prime Minister Igor Shuvalov says Russia will support both state and private companies but only if they commit to efficiency programmes, adding this could put companies in a stronger competitive position.

AFP Photo / Tatyana Makeyeva 23.03.2009, 03:47

Fishing industry looks for bigger catch on investment

The fishing sector has shown strong growth in the first two months of the year – up more than 20 %. However, the Russian market for seafood still drags behind other fishing nations because of low capacity and demand.

20.03.2009, 16:38

Upside in oil, gold and Rouble for Russia after U.S. Fed saps dollar

The announcement by the U.S. Federal reserve that it will spend up to $300 Billion buying U.S. treasuries will take a lot of pressure off the Russian Rouble, and possibly the Russian budget.

18.06.2009, 22:08 1 comment

Parties meet on Ukraine gas debts as storage volume concerns mount

Ukraine is looking to get $4 billion dollars from Europe to assist in buying Russian gas. Naftogaz Ukraine has seen net losses increase 80% year on year in the first quarter of 2009, and needs money to pay its debts.

30.04.2009, 22:25

EU Commission seeks to downplay Ukraine gas transit rift

The European Union has no intention of isolating Russia from the process of upgrading Ukraine's gas pipeline network. But Moscow is concerned the involvement of Brussels may result in higher gas transit fees for Russia.

23.06.2009, 14:46

Ukraine gas payments: Russia ‘reserves the right to act’

Prime Minister Vladimir Putin has reiterated Russia's position saying it reserves the right to act, if Ukraine fails to make gas payments, claiming Ukraine has enough money to pay for gas from its international reserves.

08.10.2009, 09:04

Naftogaz and Ukraine skating on thin ice over next Gazprom payment

European power giant GDF says it will increase its gas reserves, after Ukraine admitted it would have trouble paying its next Gazprom bill and fears of another round of gas disputes mount.

Ukraine, Izmail (AFP Photo / Sergei Supinsky) 16.11.2009, 16:57

EU and Russia take steps to shield consumers from gas cutoffs

The European Union says gas consumers won’t suffer if Ukraine starts another transit war this winter.

07.12.2009, 22:42

Contracted gas volumes not trigger for new new Ukraine gas dispute

Gazprom’s position on payment for contracted gas volumes will not trigger a dispute with Naftogaz of Ukraine this winter, warming the outlook for European consumers dependent on uninterrupted supplies of Russian gas.

01.01.2010, 17:27

Russia has gas conflict back-up plan

Russia says it’s made significant concessions to Ukraine, so it has no excuse to cut gas pipelines to Europe this winter. But Energy Minister Sergey Shmatko says precautions are still in place.

Putin condemns EU deal on Ukraine gas pipelines,

Published: 24 March, 2009, 16:01


Russian Prime Minister, Vladimir Putin, has condemned the signing of an agreement between the EU and Ukraine on overhauling Ukraine's gas pipelines, saying it is meaningless without Russian involvement.

 
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