Russia 110314 Basic Political Developments



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National Economic Trends


  • Increase in oil revenue amid unrest in Arab world gives Russia some breathing room

  • Budget runs a surplus in January-February

  • High oil prices not reflected in February budget revenues

  • January import growth reported at 41% y/y

  • Russia to produce 80-85 mln tonnes of grains

Business, Energy or Environmental regulations or discussions


  • TNK-BP, Rosneft, Gazprom, Polyus Gold May Move: Russia Preview

  • Shareholders agree on Norilsk Nickel management

  • Usmanov Backs Deripaska in Norilsk Dispute, Kommersant Reports

  • Usmanov Says Metalloinvest to Buy Norilsk Shares on Open Market

  • Sberbank Buying Troika Moves Dealmaking to State: Russia Credit

  • Sberbank RAS net profit more than doubles in January-February

  • Russian Green Groups to Protest Firm’s H.K. Listing, SCMP Says

  • Evroset having second thoughts on IPO plans

  • Moscow court unfreezes shares of developer PIK Group

Activity in the Oil and Gas sector (including regulatory)


  • Vankor Tax Break Up, Deputy Minister Says

  • Russia Bashneft to tie up with LUKOIL on Arctic oil

  • Bashneft mulls selling 25% to ONGC

  • First Russian Petroleum Congress opens in Moscow

  • Russia, Japan May Join Global Bidding War for U.S. Oil, Shale Gas Assets

  • TNK-BP Fails To Settle Dispute With BP Over Rosneft Deal

    • TNK-BP makes no Rosneft pact - Anglo-Russian oil venture TNK-BP failed again at the weekend to settle a dispute over an alliance between partner BP and Rosneft , sparking new recriminations between its shareholders.

    • BP’s Dispute Over a Joint Venture in Russia Intensifies

  • Cooperation Between Russia and China in the Energy Sector Interests, Problems and Prospects

  • KazMunaiGas Buys 50% Stake in Urals Group

Gazprom


  • Putin reappoints Miller as Gazprom CEO

  • Naftogaz transfers over USD 2 billion to Gazprom

  • LUKoil, Gazprom sign swap deal for 8.35 bcm of gas in 2012

  • Gazprom Neft completes seismic survey work on the Equatorial Guinea shelf

  • Nord Stream: Build it, Gas Will Come - Chris Weafer, chief strategist at Moscow’s Uralsib bank, told New Europe by phone on 10 March that while Nord Stream seems like a done deal, the South Stream gas pipeline also led by Gazprom and the competing EU-backed Nabucco in Europe’s Southern Gas Corridor remain uncertain.

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Full Text Articles




Basic Political Developments

Mar 14 2011 10:58AM

 

Russian nuclear envoy in N. Korea: state media

http://www.thenewage.co.za/12519-1020-53-Russian_nuclear_envoy_in_N._Korea_state_media

Russia's top nuclear envoy held talks in North Korea on Monday, state media said, amid international efforts to garner condemnation of Pyongyang's nuclear programme.

Russian Deputy Foreign Minister Alexei Borodavkin had "friendly" discussions with Foreign Minister Pak Ui-Chun after arriving in the North Korean capital, the official Korean Central News Agency said in a brief report.

Pyongyang sparked regional security fears in November when it disclosed an apparently functional uranium enrichment plant to visiting US experts.

The North said it was a peaceful energy project but experts countered it could give the North a second way to make atomic bombs on top of its existing plutonium stockpile.

Six-party disarmament talks grouping the two Koreas, China, Japan, Russia and the United States have been at a standstill since Pyongyang walked out in April 2009 and staged its second nuclear test a month later.

Seoul wants the UN Security Council to address the North's uranium programme, but an attempt last month to publish a UN report criticising the North flopped after opposition from Beijing.

Russia has backed South Korea's call for the Security Council to debate the North's uranium programme.  -AFP

March 14, 2011 11:26



Medvedev confirms Russia's readiness to help Japan in quake aftermath


http://www.interfax.com/newsinf.asp?id=228323

MOSCOW. March 14 (Interfax) - Russian President Dmitry Medvedev has extended his condolences to Japanese Prime Minister Naoto Kan due to the recent calamity in Japan, the Kremlin press service has reported.

"I was deeply saddened by the reports on the high-magnitude earthquake and tsunami that have recently hit Japan, which killed people and caused considerable damage," the Russian president said in his message.

"Russia is ready to provide Japan with the necessary assistance in dealing with the aftermath of this tragedy," Medvedev said.


EMERCOM airplane lands at Tokyo airport

http://www.itar-tass.com/eng/level2.html?NewsID=16040119&PageNum=0

14.03.2011, 09.54

TOKYO, March 14 (Itar-Tass) -- An EMERCOM airplane Il-76 landed at the Tokyo international airport Narita on Monday. The Russian airplane brought 50 rescuers from the Russian central rescue task force, operatives and the search-and-rescue equipment.



No danger for Kamchatka over breakdown at nuclear plants in Japan

http://www.itar-tass.com/eng/level2.html?NewsID=16040121&PageNum=0

14.03.2011, 09.34

PETROPAVLOVSK-KAMCHATSKY, March 14 (Itar-Tass) -- The breakdowns at the nuclear power plants in Japan pose no danger for Kamchatka, chief of the main EMERCOM department in the Kamchatka Territory Anatoly Plevako told reporters on Monday.

He noted that the environmental monitoring is constant on the peninsula. According to the latest reports, the radiation level makes 5-7 micro-roentgen/hr with the natural radiation level at 14 micro-roentgen. “Nothing threatens the population in case of an unpredicted situation in Japan,” Plevako noted.

The air masses are not expected to move towards Kamchatka from Japan, a source in the Kamchatka weather forecasting center told Itar-Tass. A cyclone moving from Sakhalin will pass along the eastern coast of the peninsula in the Pacific on March 15. But “the cyclone will not come from Japan.”

There are no prerequisites for a probable strong earthquake off Kamchatka soon, the Kamchatka branch of the RAS geophysical service said.

Meanwhile, in the medium-term prospect up to one year earthquakes measured seven points may break out off the eastern coast of the southern part of the peninsula and in the remote future up to five years an earthquake measured 7.5 points may occur with the probability rate up to 50%, experts believed.


Radiation background in Far East normal – Emergencies Ministry

http://www.itar-tass.com/eng/level2.html?NewsID=16039578&PageNum=0

14.03.2011, 06.02

KHABAROVSK, March 14 (Itar-Tass) - The radiation background in the Far East remains normal after several explosions hit Japan’s Fukushima nuclear power plant, according to a radiation survey on Sakhalin, in Khabarovsk and the Primorsky territory, the Far Eastern regional centre of the Emergencies Ministry told Itar-Tass on Monday.

There is no threat to life and health of people residing in the area.

“Experts say radioactive contamination of the region’s territory is unlikely,” the source said. “According to the regional department of the hydrometeorology and environmental monitoring, within the upcoming five days northeast winds will prevail in Japan’s emergency areas and they will bring air masses contaminated with radioactive emissions to the Pacific Ocean.”

The Far Eastern hydrometeorological service and the Emergencies Ministry conduct round-the-clock monitoring of the radiation background.

At present, radiation background in regions of the Far Eastern Federal District is normal from 10 to 15 microroentgen per hour, when the norm is 30 microroentgen.




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