Russia 110217 Basic Political Developments



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National Economic Trends


  • Russian rouble at new 9-month high on rising oil

  • Weekly inflation slows to 0.2%

  • Russia to auction off Dagestan Airlines on Thursday

Business, Energy or Environmental regulations or discussions


  • BRIEF-Moody's:Russian banks' profitability likely to be restored

    • Russian banks' sound profitability likely to be restored in 2011

  • Russian Central Bank Annuls Rabobank’s Operating License

  • LONDON — Russian Railways plans to sell at least £1 billion ($1.6 billion) of bonds this year, becoming the first Russian issuer in the British currency since 2007, and will start presentations to potential investors within the next two months, chief executive Vladimir Yakunin said Wednesday, adding that the company has no plans to borrow in Asian currencies. (Bloomberg)

  • Vneshekonombank is seeking an unsecured loan of $1.5 billion to $2 billion for more than three years at a lower interest margin than the 150 basis points negotiated by Sberbank for a three-year deal in December, three people with knowledge of the situation said Wednesday. (Bloomberg)

  • Bank of Moscow Owners May Sell Stake at Auction, Vedomosti Says

    • Shareholders of Bank of Moscow may auction their stakes

  • Tycoon Kerimov becomes largest individual shareholder of VTB

  • Lebedev Sells Bank Stake to Son to Guard Assets, Kommersant Says

  • Orascom CEO: Merger will not go through if not approved in March

  • Russia's Solway confirms $3 bln nickel smelter investment in Indonesia

  • Rusal Trails Alcoa With Owner’s $12.8 Billion Snub to Investors

  • Baisarov buys 20% of Russian Copper Co (Part 2)

  • AvtoVAZ Chooses Novolipetsk Steel Over Severstal, Vedomosti Says

  • Russian car market seen 6th largest by 2020 – report

  • Cherkizovo planning to build meat-processing plant in Kaliningrad region

  • Serbia’s state-run drugmaker Galenika announced plans to build a plant south of Moscow

  • The Kremlin vs. Big Pharma - Usually, companies outsource to save money. But that doesn't explain the recent decision by some of the world's biggest drug makers to build factories in Russia. Building a factory in Russia is more expensive than most anywhere else.

Activity in the Oil and Gas sector (including regulatory)


  • SECHIN SUGGESTS RAISING THRESHOLD FOR PETROLEUM PRODUCT TRADING ON BOURSES TO 15% OF VOLUMES PRODUCED BY INDIVIDUAL REFINERIES 

  • RUSSIAN OIL COS FINED OVER 15 BLN RUBLES IN FIRST AND SECOND WAVES OF INVESTIGATIONS - FAS CHIEF 

  • PUTIN DEMANDS THAT PUBLIC SECTOR ORGANIZATIONS BUY FUEL ON EXCHANGES PACE OF DECLINE IN FUEL PRICES ABSOLUTELY UNACCEPTABLE - FAS CHIEF

  • PACE OF DECLINE IN FUEL PRICES ABSOLUTELY UNACCEPTABLE - FAS CHIEF

  • Rostechnologii's Shugayev could join Rosneft board of directors

  • Total joins the queue outside Rosneft's boudoir

  • Alliance Oil boosts its reserves base by 21%

Gazprom


  • Eni and Gazprom sign new agreements

  • Gazprom Neft in Slovenia

  • Gazprom: Nord Stream deliveries will not result in drop in gas transit across Ukraine and Belarus

  • Gazprom gives pipeline access to all independent gas producers - Miller

  • Pipeline ensures necessary gas supply – by Sergei Kuprianov

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Full Text Articles




Basic Political Developments




Russian envoy questions the worthiness of prosecuting Sudanese president


http://www.sudantribune.com/Russian-envoy-questions-the,38016
February 16, 2011 (WASHINGTON) – The Russian special envoy to Sudan Mikhail Margelov said on Wednesday that his government does not see any use of insisting on prosecuting president Omer Hassan Al-Bashir who is wanted by the International Criminal Court (ICC) on charges of war crimes and genocide he allegedly orchestrated in Darfur.

Margelov made the remarks to Itar-Tass news agency following a meeting he held with ICC prosecutor Luis Moreno-Ocampo in the Hague today.

He further said that the South Sudan referendum that took place last month demonstrated the willingness of Bashir to reach compromises for the sake of normalizing the situation in the country and make it conform with international standards of democracy.

Nearly 99% of Southern Sudanese voters opted for the creation of their own state separate from the North. The ruling National Congress Party (NCP) head by Bashir announced its recognition of the outcome, a step which earned the Sudanese leader praise by the international community despite the outstanding warrant for him.

The Russian senator also said that mechanisms for executing the arrest warrant for Bashir remain unclear. However, he fell short of calling for a UN Security Council (UNSC) resolution deferring the indictment as demanded by Sudan and the African Union (AU).

Margelov was quoted by the news agency as saying that he agreed with Ocampo on coordinating their steps on the matter of the warrant.

This month Sudanese ambassador to the United Nations called on the UNSC to reward Bashir by dropping the charges against him.

Russia has voted in favor of UNSC resolution 1593 in March 2005 referring the situation in Darfur to the ICC even though the veto wielding member is not a signatory to the court.

The Russian envoy will travel to Sudan this week to take part in the meetings of P-5 special envoys along with the European Union for talks on Darfur hosted by UNAMID.

U.N. officials where U.N. officials estimate that as many as 300,000 people have died since 2003 but Khartoum puts the death toll at 10,000.

(ST)

In Russian:

http://www.itartass-sib.ru/index.php?option=com_content&view=article&id=28573:v-moskve-somnevayutsya-v-czelesoobraznosti-prodolzheniya-mezhdunarodnogo-ugolovnogo-presledovaniya-prezidenta-sudana-margelov&catid=37:mr&Itemid=82



King of Spain to visit Russia Feb 24-25

http://www.itar-tass.com/eng/level2.html?NewsID=15963053

17.02.2011, 10.39

MOSCOW, February 17 (Itar-Tass) - King of Spain Juan Carlos I will pay a working visit to Russia on February 24-25 at the invitation of RF President Dmitry Medvedev, the Kremlin press service reported on Thursday.

Queen Sofia will arrive together with Juan Carlos I. “On February 25, the two heads of state will take part in the opening ceremony of the Prado in the Hermitage exhibition that will give a start to the Year of Spain in Russia and Year of Russia in Spain events,” the Kremlin press service noted.

“The exhibition of the treasures of the Prado Museum at the State Hermitage will open the Year of Spain in Russia, and the corresponding exhibition in Madrid will conclude the events of the year,” Hermitage Director Mikhail Piotrovsky announced earlier.

The Prado in the Hermitage (25 February to 29 May 2011) will present in Saint Petersburg a group of 66 paintings from the Spanish, Italian and Flemish Schools that will allow Russian visitors to appreciate the historical and artistic importance of the Prado’s collections. At the end of this year, the Prado will present Treasures from the Hermitage (8 November 2011 to 26 March 2012) with 170 items (including classical art, decorative objects, paintings, sculptures and drawings) loaned from the Hermitage. They will in turn reveal the variety and breadth of that museum’ s collections, which run from the 5th century BC to the 20th century.

GOOGLE TRANSLATION



Vladimir Putin and Eduard Kokoity, discussed the restoration of South Ossetia

http://www.1tv.ru/news/economic/171055




The consequences of the Georgian invasion of South Ossetia mostly eliminated. The first stage of recovery is complete. The president of the republic, Eduard Kokoity said at a meeting with Russian Prime Minister Vladimir Putin. Prime Minister asked how are the restoration work.
South Ossetian leader said that the assistance that Russia has allocated enough that they were going at a good pace. Renovated or rebuilt about 800 buildings - mostly houses, kindergartens, schools, health clinics. Now we come to the forefront of socio-economic transformation.
Kokoity also said the work of Russian "Green Berets", which helps to protect the Ossetian-Georgian border. Recently, they are equipped with three gates, fully equip them with modern technology.

02/17 11:03   SECOND REGIMENT OF S-400 TRIUMPH AIR DEFENSE SYSTEMS TO BE DEPLOYED TO SHIELD MOSCOW IN MARCH - DEFENSE MINISTRY 

http://www.interfax.com/

02/17 11:02   AEROSPACE DEFENSE SYSTEM TO BE CREATED IN RUSSIA BY END OF YEAR - DEFENSE MINISTRY

http://www.interfax.com/

02/17 11:36   Four S-400 air defense systems to be deployed to shield Moscow in 2016-2020

http://www.interfax.com/



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