Sweden put aside its fears about its effect on the marine environment and gave its consent to the pipeline passing through its exclusive economic zone in the Baltic. Finland gave the green light after Russia dropped its threat to increase export tariffs on timber.
Dominique Strauss-Kahn, the IMF head, said he was “very worried” over Mr Yushchenko’s decision to sign the bill. Almost $11bn in IMF assistance received since the global financial crisis broke has kept Kiev afloat financially
"We need Russia for the resolution of European and global problems. That is why I think it would be good for Russia to join NATO," said Radoslaw Sikorski, a conservative who has often taken a critical stance on Russia.
Thirty banks have been approached to fund the ECA-backed a3.5 billion debt for the Russia to Germany North Stream gas pipeline. The company issued teaser ...
About 70 per cent of the finance will be raised through loans in July this year and another tranche 12 months later. The remainder will be invested by the project's four shareholders, which also include Germany's BASF and the Netherlands' Gasunie.
by establishing military bases in Georgia’s breakaway regions of South Ossetia and Abkhazia and announcing plans to base part of its Black Sea fleet on the Abkhazian coast.
Russia will present a new energy charter next month designed to resolve disputes such as its row with Ukraine earlier this year that cut supplies to Europe, Russian President Dmitry Medvedev said on Sunday.
GDF Suez SA (GSZ FP): OAO Gazprom is in talks with the French utility to have it join the group that will build the Nord Stream gas pipeline, La Tribune reported, citing the Russian company’s Deputy Chairman Alexander Medvedev. Gazprom also wants GDF Suez to take part in the South Stream pipeline,
The consortium of companies overseeing the Nord Stream gas pipeline through the Baltic Sea said an environmental report on the project is due in March.
RosUkrEnergo came out of an agreement between two sovereign states, Russia and Ukraine, but Ukraine is not a shareholder. The company has reported post-tax profits of nearly $800m (€610m, £550m) a year, although it is still unclear what it does in the gas trade that could not be done by Gazprom.