Gleb's Feed
Oct 13, 2010

Kremlin lambasts governor for “worm” tweet

MOSCOW (Reuters) – A tweet by a Russian regional governor about earthworms served at a Kremlin reception has drawn anger from President Dmitry Medvedev’s aide, who on Wednesday said the official should be sacked for “idiocy.”

Dmitry Zelenin, the governor of the Tver region northwest of adjacent Moscow, wrote in his Twitter microblog that “a salad with live earthworms” was served with beef at a dinner to honor German President Christian Wulff’s Tuesday visit.

Oct 11, 2010

Russia mulls tax breaks to boost LNG, shelf gas

NOVY URENGOY, Russia, Oct 11 (Reuters) – Russia is
considering giving tax breaks to operators of offshore and
liquefied natural gas (LNG) gas projects in the Arctic as the
country aims to produce 1 trillion cubic metres of gas by 2030.

“We may think of tax breaks for gas, for offshore and LNG,”
Prime Minister Vladimir Putin told journalists after launching
the third production phase at gas firm Novatek’s (NOTK.MM: Quote, Profile, Research, Stock Buzz)
Arctic Yurkharovskoye field on Monday. [ID:nLDE69A0Y6]

Oct 11, 2010

Russia’s Novatek sees higher output, tax breaks

YURKHAROVSKOYE FIELD, Russia, Oct 11 (Reuters) – Russia’s
second largest gas producer, Novatek (NOTK.MM: Quote, Profile, Research, Stock Buzz), raised its 2011
output target after Prime Minister Vladimir Putin launched a
third production phase at its Yurkharovskoye field on Monday.

“We are planning to do 37 billion cubic metres [of gas] this
year, and 43 billion next year,” Novatek spokesman Denis
Solovyov told journalists during the visit to the Arctic
deposit, the firm’s largest production asset.

Oct 9, 2010

Putin’s man may be next mayor of Moscow

MOSCOW, Oct 9 (Reuters) – Sergei Sobyanin, chief of staff to
Russian Prime Minister Vladimir Putin, has emerged as the
frontrunner among candidates to run Moscow after the dismissal
of longtime mayor Yuri Luzhkov.

The appointment of the man who has been Putin’s top aide
since 2005 would further strengthen the prime minister’s grip on
power in the run-up to a 2012 presidential election in which he
has hinted he may return to the Kremlin.

Oct 5, 2010

China’s CIC wants to bid in Russia privatisations

MOSCOW, Oct 5 (Reuters) – China Investment Corp would like
to bid for Russian state assets in a sale that is expected to
raise $50 billion, as the fund shifts focus to emerging markets,
a CIC vice president said on Tuesday.

“We would like to take part in privatisation,” Jesse Wang,
executive vice president at the $300 billion sovereign wealth
fund, said on a visit to Moscow.

Oct 5, 2010

France wants China involved in currency discussions

MOSCOW (Reuters) – China should be included in global discussions on foreign exchange rates, French Economy Ministry Christine Lagarde said on Tuesday, setting out agenda for France’s presidency in the G20 which starts in mid-November.

“It is not appropriate at this point in time that China is never involved in discussions about currencies,” Lagarde told VTB Capital’s Russia Calling forum.

Oct 4, 2010

Moscow ex-mayor to challenge his old ruling party

MOSCOW (Reuters) – The former mayor of Moscow sacked by the Russian president, said on Monday he will set up a political movement to challenge the ruling party, a move that could create a wild card ahead of 2012 presidential elections.

“Going into politics means working on the establishment of the laws of a democratic society. Today our society has laws that are not democratic,” Yuri Luzhkov told opposition magazine The New Times in an interview published on Monday.

Sep 23, 2010

Russia’s Putin urges Arctic resources deal

MOSCOW (Reuters) – Russian Prime Minister Vladimir Putin urged Arctic nations on Thursday to cut a deal on how to explore the region’s rich mineral resources, and dismissed dire warnings of looming battles over its oil and gas wealth.

Arctic nations Canada, Russia, Norway, the United States and Denmark are racing to file territorial claims over oil, gas and precious metal reserves that are looking more accessible as the Arctic ice cap shrinks.

Sep 22, 2010

Analysis: Putin’s industry plans cloud Russian WTO drive

MOSCOW (Reuters) – Prime Minister Vladimir Putin’s drive to revive Russian industry with the help of handouts and protectionist measures is casting doubt on Moscow’s push to join the World Trade Organization in the near future.

Russia has declared its commitment to completing a 17-year bid to join the WTO, with backing from the United States. But liberals in the Russian cabinet appear to be in retreat along with their policies that resist state investment.

Sep 20, 2010

Moscow mayor’s wife links attacks to 2012 election

MOSCOW (Reuters) – The billionaire wife of Moscow’s mayor has accused the Kremlin of mounting a campaign against her husband to help position President Dmitry Medvedev for a re-election bid in 2012.

Yuri Luzhkov, mayor since 1992, left at the weekend for a holiday in Austria amid a furious campaign against him in state-controlled media and sharp criticism from Medvedev’s Kremlin administration.