Russia 111115 Basic Political Developments



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National Economic Trends


  • EBRD: Russia should reduce oil dependence in 2012 - The EBRD also said that reducing dependence on oil revenues remains the key long-term priority for Russia. Furthermore, this target requires further improvements in the business environment throughout the regions, stronger enforcement of competition laws and supporting investments in infrastructure.

  • Ruble weakens as Eurozone shivers return

  • Russia Sticks to 4.1% Economic Growth Forecast After GDP Misses Estimates

  • Russian Growth Accelerated in Third Quarter for First Time Since Last Year

  • Investment and spending drive Russia growth

  • CBR announced October statistics

Business, Energy or Environmental regulations or discussions


  • Rusal’s Soloviev Says Aluminum Producers May Shutter 15% of World Capacity

  • Evraz posts $2.4 bln EBITDA, $12.5 bln sales in 9M (Part 2)

  • Mechel to invest $5.5 bln in mining assets in 2012-2015 (Part 2)

  • Russian NordStar Airlines signs firm contract for 3 regional planes

  • DJ Kerimov Buys $3B In Sberbank, Gazprom, VTB, Other Russian Stocks -Report

  • Russian Camry production begins

  • Avtovaz net profit more than quintuples in 9M

Activity in the Oil and Gas sector (including regulatory)


  • Gas exporters urge greater responsibility for transit countries

  • RF-Qatar talks on Yamal LNG project enter corporate phase

    • Yamal LNG shareholders in talks with Qatari investors

  • Export duty on Russian crude to reach $406.60/tonne on Dec 1

    • Russia May Raise Oil Export Tax 3.5% in December on Higher Urals

  • Russian goverment to discuss Arctic shelf development programme - The programme of the development of mineral deposits of the Arctic shelf is being analysed by the Russian government, and, according to the plan, is going to be approved at a meeting of the Cabinet of Ministers in December, this year, Denis Khramov, deputy minister of natural resources and ecology, said at the conference, entitled “Gas of Russia – 2011,” on Tuesday.

  • Rosneft 2012 Spending Plan to Top This Year’s Record $11 Billion

Gazprom


  • Independent producers to sell almost 100 bcm of gas in 2011 – Gazprom

  • Gazprom looks at Asia Pacific after China LNG talks stall

  • Gazprom says Belarus' Beltransgaz asked to delay Q3 payment

  • Gazprom Executive: Proposal To Build 3rd LNG Train At Sakhalin-2 "Misleading"

  • Gazprom's offer to drill 10 gas wells awaits govt nod - "We have planned to meet the drilling costs from newly created 'gas development fund,' the official added," Petrobangla Chairman Dr Hussain Monsur said.

  • Is Gazprom becoming more flexible on natural gas prices? - Russian state-owned gas company Gazprom will most likely agree to a change in the way gas-import prices are calculated for German power utility RWE, Rzeczpospolita reported. The change is expected to be favorable for the German firm, with analysts seeing this as a positive sign for Polish gas monopolist PGNiG.

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Full Text Articles




Basic Political Developments



China peace prize awarded to Russia's Putin

http://www.google.com/hostednews/afp/article/ALeqM5h8X2blm7SXVR2D3sq0UoXy-S6MTg?docId=CNG.13bcd354306d913044060705d2298554.921

(AFP) – 17 minutes ago

BEIJING — A group of Chinese academics has awarded its version of the Nobel Peace Prize to Vladimir Putin, an organiser said Tuesday, pointing to the Russian Prime Minister as "outstanding in keeping world peace."

Putin beat other candidates such as German Chancellor Angela Merkel and Yuan Longping, a Chinese agricultural scientist, to nab this year's "Confucius Peace Prize", Qiao Damo, one of the organisers, told AFP.

The prize emerged last year, when it was suddenly announced by the group two days before jailed dissident Liu Xiaobo was awarded the Nobel to Beijing's anger, sparking speculation it was set up with the government's guidance.

Members of the jury at the time denied links to the government, but the award's executive chairman Liu Haofeng told AFP later that it had been set up by an association overseen by China's culture ministry.

Then, in a move that added to the confusion surrounding the prize, the ministry in September ordered organisers to scrap the award, saying they were not given official permission to promote it.

But Qiao on Tuesday contested this decision, saying it was "unreasonable" to cancel the prize, adding he had registered a research centre that organises the award in Hong Kong to try and circumvent the problem.

"There are 16 people in the evaluation committee, including me and three professors, eight PhD students and four of our centre's researchers," said Qiao, a poet.

According to a report in China Newsweek, a current affairs weekly, other members include professors from the prestigious Beijing and Tsinghua universities. Nine of the 16 voted for Putin.

"This April or May, Putin was against NATO's idea to bomb Libya and he appeared to the world in a peaceful manner," Qiao explained.

"This year's peace prize was given to him because his act this year was outstanding in keeping world peace."

Qiao, who said the Russian embassy had been informed about Putin's win but had not yet given a response, said the group would hold its award ceremony in Beijing on December 9 -- a day before the Nobel Peace Prize event in Oslo.

"I feel the Noble Peace Prize has gone too far away from peace, and their standard has gone too far away from the essence of peace," he said.

"Western values are not perfect and need an alternative to balance them out."






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