Basic Political Developments



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National Economic Trends


  • Dollar's weighted mean rate down against rouble in "tomorrow" deals.

  • Central bank likely to pause with interest rate hikes

  • Russia's Central Bank seen leaving rates on hold

  • CBR runs a fine balancing act - RBS

Business, Energy or Environmental regulations or discussions


  • Russian markets -- Factors to Watch on May 27

  • Investment funds with focus on Russia, CIS see $261 mln inflow in latest week

  • Rosatom Wants to Renew Siemens Partnership, FT Deutschland Says

  • Potanin rejects $19 bln offer for Norilsk stake

  • Billionaire Timchenko May Buy Raspadskaya Stake, RBC Daily Says

  • RUSSIAN STATE FIRM EYES BUILDING POWER PLANT IN W.JAVA

  • Rosselkhozbank raises $800 mln via bond – IFR

  • The volume of web-development market in Russia totaled 9.72 billion rubles in 2010

  • THE POLYUS OLIGARCHS OUT OF THEIR DEPTH – SOUTH AFRICAN TO THE RESCUE

Activity in the Oil and Gas sector (including regulatory)


  • Ministry puts forward 2 shelf exploration programs

  • TNK-BP Submits Bid for Poland’s Grupa Lotos, Kommersant Reports

  • Bashneft to spend $1.2 billion on downstream by 2015

  • Bashneft to sink $1.2bn into refineries upgrade

  • Oil giants may put Rs 15,500 cr in Russia gas project - In a bold attempt to secure a share in Russia’s gas sector, a consortium of ONGC Videsh, GAIL and Petronet LNG is preparing to invest around Rs 15,500 crore for a 15% stake in Russia’s independent gas producer Novatek’s $30-billion (Rs 1,35,000-crore) LNG project in Yamal peninsula.

  • Does Russia need China’s energy market? - By Andrei Ostrovsky

Gazprom


  • Gazprom to launch 10 mln t LNG plant in 2016-source

  • Sakhalin, Gazprom to develop Sakhalin shelf projects.

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Full Text Articles




Basic Political Developments



May 30–Jun 3: Vice Premier of State Council of China Wang Qishan to visit Russia

http://www.prime-tass.com/news/calendar/_Russian_calendar_Key_events_for_May_27/-103/%7BF7565D98-84A2-4959-9332-28F09AE24D24%7D.uif


Jun 7: Committee on Russian–Ukrainian economic cooperation to hold meeting

http://www.prime-tass.com/news/calendar/_Russian_calendar_Key_events_for_May_27/-103/%7BF7565D98-84A2-4959-9332-28F09AE24D24%7D.uif



Jun 9–10: Russia–European Union Summit to take place in Nizhny Novgorod

http://www.prime-tass.com/news/calendar/_Russian_calendar_Key_events_for_May_27/-103/%7BF7565D98-84A2-4959-9332-28F09AE24D24%7D.uif



Jun 16–18: St Petersburg International Economic Forum to take place

http://www.prime-tass.com/news/calendar/_Russian_calendar_Key_events_for_May_27/-103/%7BF7565D98-84A2-4959-9332-28F09AE24D24%7D.uif

11:16 27/05/2011ALL NEWS

Medvedev to hold talks with Mongolian pres on May 31.


http://www.itar-tass.com/en/c154/151879.html


27/5 Tass 164

MOSCOW, May 27 (Itar-Tass) —— Mongolian president Tsakhiagiin Elbegdorj will make an official visit to Russia on May 30-31 at the invitation of Russian President Dmitry Medvedev. As the Kremlin press service reported, Russian-Mongolian summit talks will be held on May 31.



Presidential Authority Lent to Russian Trade Delegation

http://ubpost.mongolnews.mn/index.php?option=com_content&task=view&id=6311&Itemid=37













Written by E.Bayannasan   

Friday, May 27, 2011.

The President of Mongolia Ts.Elbegdorj will make an official visit to Russia on Monday.

The Mongolian Embassy to the Russian Federation and the Foreign Investment Office of Mongolia as well as the Russian Chamber of Commerce and Trade will co-organize a “Mongolian – Russian Business Forum” on May 30th at the International Trade Center in Moscow.


The President will attend and give a speech during the forum.

The purpose of the forum is to raise both the countries’ trade and investment ties to new level, introducing the Mongolian legal environment to Russian businessmen for their investment interests and, through networking, making new business relations.

Discussions on mining, energy, construction, infrastructure, food, and agricultural topics will be covered.

11:57 27/05/2011ALL NEWS

ITAR-TASS news digest of May 27: 1.


http://www.itar-tass.com/en/c154/151915.html


27/5 Tass 165

DEAUVILLE, France - - British Prime Minister David Cameron will make a visit to Russia in September, President Dmitry Medvedev's press secretary Natalya Timakova said here Thursday.

She said Medvedev and Cameron discussed preparations for the visit at a bilateral meeting on the sidelines of the G8 summit earlier in the day.

DEAUVILLE - - President Dmitry Medvedev promised to his G8 colleagues Russia would submit proposals to develop Internet and legal norms for that in the near future, presidential economic aide Arkady Dvorkovich told reporters on Thursday after a summit session devoted to Internet problems.

He said Russia is currently “accumulating ideas” and the taskforce is headed by First Deputy Prime Minister Igor Shuvalov.

MOSCOW - - Russian Foreign Minister Sergei Lavrov had a telephone conversation with Libyan Prime Minister Baghdadi Mahmudi on Thursday, the foreign ministry said.

“The representative of Tripoli asked assistance in promoting a ceasefire agreement and beginning of negotiations without preconditions,” the ministry said.

Lavrov reiterated the Russian position and urged to comply with the UN Security Council Resolutions 1970 and 1973 and prevent actions that can trigger new civilian casualties.

TIRASPOL - - Parliament of the breakaway Dniester region of Moldova on Thursday amended the Constitution by establishing a government and limiting the president by two terms of office.

The president was given the right to dissolve parliament, while lawmakers can vote no-confidence in the government.

The parliament will continue to have 43 seats.

NEW YORK - - The federal court in New York sentenced Russian professional boxer Andrei Nevsky, 26, to three years in prison for joining a drug trafficking conspiracy that shipped tons of marijuana into the United States.

Nevsky was convicted on Thursday of trafficking, but acquitted of money laundering and smuggling.

WASHINGTON - - Kazakhstan and the United States have reached an agreement in principle about the access of U.S. suppliers of services to the Kazakh market, a key condition for Kazakhstan’s accession to the World Trade Organization.

She specified the talk was about 12 key sectors of Kazakh economy, including finances, telecommunications, transport, and energy.

DEAUVILLE - - Russian President Dmitry Medvedev has begun a meeting with German Chancellor Angela Merkel. The two leaders are meeting on Friday on the sidelines of the G8 summit in Deauville.

According to Russian president’s aide Sergei Prikhodko, the two leaders were to “synchronize watches on bilateral cooperation, particularly, in the light of the Russian-German Year of Education, Science and Innovation, launched on May 23, and preparations for the 13th round of interstate consultations at the top level in Hanover in July.” Also on the agenda is the overall assessment of trading economic relations.

WASHINGTON - - A Kazakh minister said on Thursday Kyrgyzstan, a WTO member, is a likely candidate to join the Customs Union of Russia, Belarus, and Kazakhstan.

GORNO-ALTAISK - - The regional state of emergency in connection with forest fires has been declared in eight districts of Yakutia and in the city of Yakutsk by the republic’s presidential decree, the press service of the head and governments of the region said in Yakutsk.

KIEV - - Over the years of independence, Ukraine has got from the United Nations about 400 million dollars for its participation in peacekeeping operations, deputy chief of the General Staff of the Armed Forces of the country Vice-Admiral Igor Kabanenko said at an enlarged meeting of the board of the Defence Ministry on Thursday.

“Over 37,000 Ukrainian servicemen took part in 28 peacekeeping operations,” he also said.

At present, 476 Ukrainian servicemen are taking part in 11 peacekeeping operations and joint peacekeeping forces.

MOSCOW - - The fire at a military base in Bashkortostan is extinguished, the head of the press service of the Russian Emergencies Ministry’s Volga regional centre, Oleg Zugeyev, told Itar-Tass by telephone.

THE SETTLEMENT IGLINO (Bashkortostan) - - The damages from a fire, which broke out at a munition depot of a military unit near the settlement of Urman in Bashkortostan, according to preliminary reports, exceed 100 million roubles, Bashkir Prime Minister Azamat Ilimbetov said on Friday.

MOSCOW - - Mongolian President Tsakhiagiin Elbegdorj will make an official visit to Russia on May 30-31 at the invitation of Russian President Dmitry Medvedev. As the Kremlin press service reported, Russian-Mongolian summit talks will be held on May 31.

YUZHNO-SAKHALINSK - - The authorities in the Sakhalin Region and the Russian gas giant Gazprom will develop and use the resources of the Sakhalin shelf projects under a memorandum, which Governor of the Sakhalin Region Alexander Khoroshavin and Gazprom Deputy CEO Alexander Ananenkov signed.

“The memorandum holds that the signatory parties intend to cooperate in the use of the resources under the Sakhalin shelf projects for gas supplies in the Sakhalin Region and gas supplies in other constituents in the Far Eastern Federal District and the development of the export supplies in the countries in the Asia-Pacific Region,” spokesman for the regional governor Alexei Bayandin told Itar-Tass on Friday. For this purpose the regional government and Gazprom will synchronize the development of the gas production capacities on Sakhalin (including the Sakhalin-Khabarovsk-Vladivostok gas pipeline) and the liquefied gas output rate near the settlement of Prigorodnoye.

ALMATY - - Russian Minister of Energy Sergei Shmatko said on Friday he thought it highly improbable that Russia would suspend oil supplies to Belarus over payment arrears.

“So far the issue is not tackled at the ministerial level. We are aware of certain difficulties but hope that companies would agree at a corporate level,” he told journalists on the sidelines of the CIS Electricity Council.

“I think that rapid politicising of such situations is nothing more but overreacting,” he said.

When asked if the situation might entail a suspension of oil supplies to Belarus, the Russian minister said he had “heard nothing about such scenarios.”

11:54 27/05/2011ALL NEWS


RF energy minister denies possible suspension of oil supplies to Belarus


http://www.itar-tass.com/en/c154/151913.html


27/5 Tass 160

ALMATY, May 27 (Itar-Tass) — Russian Minister of Energy Sergei Shmatko said on Friday he thought it highly improbable that Russia would suspend oil supplies to Belarus over payment arrears.

“So far the issue is not tackled at the ministerial level. We are aware of certain difficulties but hope that companies would agree at a corporate level,” he told journalists on the sidelines of the CIS Electricity Council.

“I think that rapid politicising of such situations is nothing more but overreacting,” he said.

When asked if the situation might entail a suspension of oil supplies to Belarus, the Russian minister said he had “heard nothing about such scenarios.”


May 27, 2011 11:14



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