Gleb's Feed
Jul 1, 2010

Putin weighs in as Russia road work snarls traffic

MOSCOW, July 1 (Reuters) – The controversy spawned by a
single road repair project shot to the highest levels of Russian
power on Thursday, when Prime Minister Vladimir Putin ordered
subordinates to ease traffic jams near a major Moscow airport.

Work on the only main highway linking Moscow with
Sheremetyevo International Airport has left motorists fuming and
Russia’s flag carrier airline complaining about
multimillion-dollar losses.

Jun 24, 2010

Russia’s Putin unleashes coal mine safety shakeup

NOVOKUZNETSK, Russia, June 24 (Reuters) – Russian Prime
Minister Vladimir Putin called for systemic changes on Thursday
to promote safety in the country’s coal industry, signalling
more mine closures and tighter supply in global markets.

Putin spoke in the Kuzbass region in southwestern Siberia,
where two blasts at a Raspadskaya (RASP.MM: Quote, Profile, Research) mine claimed at
least 67 lives in May. [ID:nLDE64I1TX]

Jun 24, 2010

Russia resumes gas to Belarus, EU sees row over

MOSCOW/NOVOKUZNETSK (Reuters) – Russia resumed gas supplies to Belarus on Thursday after paying gas transit debts to Minsk in an effort to ease fears of supply cuts to the European Union, which said it believed the dispute was over.

EU members Poland and Lithuania, which saw a brief fall in deliveries on Wednesday, were getting full supplies on Thursday.

Jun 24, 2010

Russia resumes full gas supplies to Belarus

MOSCOW/NOVOKUZNETSK, June 24 (Reuters) – Russia resumed gas
supplies to Belarus on Thursday and paid gas transit debts to
Minsk in a move to ease fears of supply cuts to the European
Union, which has called the dispute an attack on the entire

Belarus said it had yet to receive the payments for transit
but was ready to resume full flows of natural gas to Europe
within 8-10 hours.

Jun 18, 2010

Russian passengerjet closer to market after delays

YAROSLAVL, Russia, June 18 (Reuters) – The engine for
Russia’s first post-Soviet passenger jet should earn
certification soon, Prime Minister Vladimir Putin said on
Friday, bringing a plane Moscow hopes will rival Boeing (BA.N: Quote, Profile, Research)
and Airbus (EAD.PA: Quote, Profile, Research) aircraft closer to the market.

Russian manufacturer Sukhoi’s long-waited Superjet 100 made
its maiden flight in May 2008, missing an initial 2007
deadline, and the first deliveries of the regional jet are more
than a year behind schedule.

Jun 18, 2010

Russia’s Putin pledges support for banks, trade barriers

YAROSLAVL/MOSCOW (Reuters) – Russian Prime Minister Vladimir Putin announced more measures to support the banking sector and hinted at new trade barriers on Friday as Russia hosted its biggest international investors’ conference.

Putin said the government had agreed to cut interest rates on subordinated loans issued to the country’s biggest banks at the height of the financial crisis by 1.5-2.0 percentage points in a move that may save banks over $5 billion.

Jun 18, 2010

Russia’s Putin steals Medvedev’s show with energy

NOVO-OGARYOVO, Russia (Reuters) – Prime Minister Vladimir Putin stole the headlines from Dmitry Medvedev on Thursday by overseeing a major energy deal before the president hosted Russia’s biggest international investors’ event.

Medvedev, halfway through his four-year term, will on Friday address the St. Petersburg Economic Forum, Russia’s answer to the Davos event, which will be attended by global CEOs and policy-makers including French President Nicolas Sarkozy.

Jun 11, 2010

Total wins Putin support for Qatar in Russian LNG

PARIS, June 11 (Reuters) – Oil major Total (TOTF.PA: Quote, Profile, Research) on
Friday won Moscow’s support to bring Qatar into gas projects on
Russia’s Yamal while pledging to tolerate no more delays with
the launch of the giant Shtokman field, despite weak gas demand.

“I told (Russian Prime Minister Vladimir) Putin the Qatar
government wants to be partner with Novatek in Yamal LNG
projects,” Total’s Chief Executive Christophe de Margerie told
Reuters after a meeting with Putin.

Jun 8, 2010

Russia’s Gazprom mulls foray into U.S. shale gas

ISTANBUL, June 8 (Reuters) – Russian energy giant Gazprom
(GAZP.MM: Quote, Profile, Research) is mulling entry into the lucrative U.S. shale gas
market, its export head said on Tuesday, as it looks to recover
market share, particularly in Europe.

Russian government officials have said that rising shale gas
production, which allowed the United States to surpass Russia as
the world’s largest gas producer in 2009, was a “problem” for
state-run Gazprom as it has been losing its market share.

Jun 8, 2010

Iran warns Russia over sanctions at Istanbul summit

ISTANBUL (Reuters) – Iran warned Russia on Tuesday against siding with Tehran’s foes in supporting fresh U.N. sanctions over its nuclear dispute with the West.

Iranian President Mahmoud Ahmadinejad’s latest admonishment of Moscow, until recently an ally, came a day before the Security Council could vote to impose a fourth round of sanctions, which Russia is expected to support.