martedì 1 gennaio 2008
sabato 29 dicembre 2007
Shell cedes control of Sakhalin-2 to Gazprom
MOSCOW: Gazprom, the Russian energy monopoly, seized control of the world's largest combined oil and natural gas development Thursday after a highly publicized campaign of pressure on its foreign operator, Royal Dutch Shell.
The sale of 50 percent plus one share followed months of mounting regulatory problems at the site, problems that President Vladimir Putin, in announcing the entry of Gazprom into the project, said would now likely be resolved.
Gazprom will pay $7.45 billion for the controlling share of Sakhalin-2, a price analysts said was below market value.
The agreement will lower the British-Dutch oil company's production potential and the amount of its reserves, but it removes a large measure of uncertainty over the deal by establishing the Kremlin's support.
Putin announced the deal at a Kremlin meeting with executives from Shell, Mitsui and Mitsubishi, who are partners in the consortium, and Gazprom. He made a point of saying that Russia remained open to energy investment.
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Oil production in Sakhalin reached 14 million tonnes in 2007
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Oil Production on Sakhalin: How Long Before We See Another Valdez?
Compiled by Nikolai Maleshin with information provided by Elena Surovikina and Gary Cook.
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Russian embassy in Pakistan works in usual regime
ISLAMABAD, December 29 (Itar-Tass) - The Russian embassy in Islamabad has been working in a usual mode, but it has tightened security following the recent dramatic developments in Pakistan and death of ex-prime minister Benazir Bhutto who fell victim to a terrorist attack.
None of the workers of the Russian embassy or their families has been hurt during local protest acts staged in Islamabad in recent days.
On Saturday, the situation in Islamabad was reported calm. After nationwide mourning for Benazir Bhutto was declared all state organizations, shops, banks, markets and fuelling stations remain closed. Heavy police forces have been guarding the area of the presidential palace, governmental organizations and the diplomatic enclave.
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mercoledì 12 dicembre 2007
sabato 29 settembre 2007
Over 50,000 Chinese cars to be sold in Russia by end of this year
ITAR - TASS
MOSCOW, September 28 (Itar-Tass) -- More than 50,000 cars made in China will be sold in Russia by the end of 2007, Vice President of the Russian Chamber of Commerce Sergei Katyrin said on Friday, when opening the international conference on "Automobile Business in Russia and China: Development Trend and Cooperation Prospects".
Russia's import of Chinese cars grows rapidly. Only 260 were sold in 2004 and more than 50,000 will be sold by the end of 2007.Powered by ScribeFire.
