Russia 110204 Basic Political Developments



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National Economic Trends


  • Russia Stocks Climb Third Day This Week as Oil Trades Above $100

  • Banks have 425.9 bln rbs on CBR correspondent accounts on February 4.

  • Grain exchange auctions kick off in Russia

  • Low Trust, High Interest Rates Hold Back Growth - By Khristina Narizhnaya

Business, Energy or Environmental regulations or discussions


  • Polyus Gold, Rosneft, Uralkali, VTB: Russia Equity Preview

  • Russia’s stainless steel imports up seven percent in Dec over Nov

  • Timchenko buys Murmansk port for $250 mln-sources

  • Russia VTB to start share sale roadshow Mon –paper

    • VTB Plans Roadshow on Feb. 7 to Sell 10% Stake, Kommersant Says

  • UPDATE 1-Russia's KOKS delays IPO due to market conditions

  • Sberbak-Troika Dialogue merger flounders

  • Sberbank mulls buying Volksbank International

  • Standard Bank May Sell Troika Dialog Stake, Business Day Says

    • Standard Bank eyes $360 mln for Troika stake: paper

  • Standard Bank Doesn’t Want to Exit Russia ‘As a Region’

  • Digital readers to Russia's regions - At present, 80% of books in Russia are sold in Moscow and St Petersburg, with only 20% sold in the regions according to estimates from booksellers Bookmate and Ozon.ru. However, digital distribution of literature could overcome the huge logistical challenges of selling books across the vast territory in Russia.

  • Mobile TeleSystems said Thursday that Bank of New York Mellon transferred an interest payment to holders of bonds issued by its MTS Finance subsidiary. (Bloomberg)

  • Russia’s international reserves rose $2.7 billion to $484.7 billion as of Jan. 28, the Central Bank said Thursday. (Bloomberg)

  • Sugar and grain producer Razgulai gained 1.9 percent Thursday, as sugar futures surged to a 30-year high following crop damage in Australia and India. (Bloomberg)

  • Aeroflot said Thursday that it expects sales to reach $3.7 billion this year, from about $3.5 billion last year, while net income last year exceeded $100 million. (Bloomberg)

  • Russia Forum Buzz - Consumer & Retail: Rise of the Russian Middle Class

  • Russia Forum Buzz - Russian Real Estate Sector: Where Have We Been, Where Do We Go? - a 360 Degree View

  • Russia Forum Buzz - How to Spur Growth in Russia

Activity in the Oil and Gas sector (including regulatory)


  • UPDATE 2-Rosneft says not in talks to buy TNK-BP stake

  • UPDATE 1-AAR may sell TNK-BP stake to Rosneft or govt-paper

  • Rosneft may receive license for Timan Pechora's 366 mln bbl Naulskoye field

  • Sechin orders targeted tax breaks for Bashneft and Tatneft

  • LUKoil Makes Electricity

  • Lukoil scoops the CSR award for 2010

Gazprom


  • Gazprom Neft Names Front End Engineering Design Contractor for Iraqi Badra Field

  • Russia, Serbia JV to search for oil in Bosnia

  • The City Where Gazprom Is King - By Erwin Koch

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Full Text Articles




Basic Political Developments



RF’s FM urges Egypt to provide security for reporters, foreigners

http://www.itar-tass.com/eng/level2.html?NewsID=15922331

04.02.2011, 11.29

MOSCOW, February 4 (Itar-Tass) -- Russia’s Foreign Ministry urges Egypt’s authorities to provide security for international media and other foreigners.

“On the background of the political crisis in Egypt, which is accompanied by outbreaks of violence, we are concerned about the information that reporters are being attacked,” the Ministry says in the report published on its site in the Internet on Friday.

Moscow is convinced that oppression of media, working in the legal frames, is unacceptable.

“We urge Egypt’s authorities, the opposition, all Egyptians who care about the reputation of their country to provide security for international media and foreigners,” the report reads. “We confirm the appeal for soonest end of the violence and for overcoming the crisis via a dialogue, by peaceful means.”

Putin, Chavez discuss joint projects

http://www.itar-tass.com/eng/level2.html?NewsID=15921534&PageNum=0

04.02.2011, 02.02

KIROV, February 4 (Itar-Tass) -- Russian Prime Minister Vladimir Putin and Venezuelan President Hugo Chavez discussed in a telephone conversation on Thursday the implementation of joint projects, Putin’s spokesman Dmitry Peskov said.

“They discussed in detail the current state of the trade and economic cooperation, including the implementation of concrete projects in the financial and energy spheres and military-technical cooperation,” Peskov said adding the conversation took place during Putin’s trip to Kirov region.

He did not elaborate.


Lavrov, Westerwelle to discuss Egypt

http://www.itar-tass.com/eng/level2.html?NewsID=15921754&PageNum=0

04.02.2011, 06.40

MOSCOW, February 4 (Itar-Tass) -- Russian Foreign Minister Sergei Lavrov is leaving for the security conference in Munich on Friday where he will meet his German counterpart Guido Westerwelle to discuss the crisis in Egypt.

“The situation in Egypt will be discussed at various formats of Sergei Lavrov’s participation in the Munich conference,” foreign ministry spokesman Alexander Lukashevich said.

Lavrov and Westerwelle will also discuss Russia-EU and Russia-NATO dialogue, cooperation in the UN Security Council framework and in the sphere of arms control. The Iranian nuclear problem and the Middle East settlement are likely to be on the agenda as well.

Lavrov will address the Munich conference on Saturday. The foreign ministry said he would call to promote the constructive dynamic in security relations in Europe and confirm they target cooperation rather than confrontation.

“The attention of participants will be drawn to prospects of practical implementation of the principle of security indivisibility on the Euro-Atlantic space in compliance with the initiative of Russian President Dmitry Medvedev to conclude a legally binding European security treaty,” the ministry said.

Missile defense issues will be highlighted as well as material guarantees that military planning in Russia and NATO countries does not target each other.

Lavrov will meet U.S. Secretary of State Hillary Clinton on the sidelines of the conference to exchange ratification credentials for the new START treaty which would officially come into force on February 5.

The Russian-US treaty reduces deployed nuclear warheads to 1550 for each party and limits strategic nuclear means of delivery to 700.

On Saturday Lavrov will participate in the ministerial meeting of the Middle East Quartet which was initiated by Russia.

“To change the situation for the better political will is necessary from both parties as well as concrete actions to create the necessary dialogue-favorable situation in the region. It is necessary that both parties refrain from unilateral steps that predetermine the outcome of the talks on the final status. In particular, that concerns complete cessation of Israeli settlement activity on the occupied Palestinian territories, including Eastern Jerusalem. Simultaneously any terrorist manifestations shall be prevented and calm preserved along the Gaza Strip perimeter and steps made to lift its blockade,” the Russian foreign ministry said.



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