LUKOIL becomes a pawn in a game the U.S.?

Oil Resursy25-12-2007 LUKOIL becomes a pawn in a game the U.S.? In Lukoil now has only one hope to somehow take part in the development of Iraqi fields, which is a new local government took away the Russian company. Only cooperation with the U.S. ConocoPhillips could give the green light for entry into the Iraq West Qurna. But the United States, the rights of the winner of Iraq, can easily use LUKOIL to solve their tactical tasks. LUKoil not lose hope for inclusion in the development of the field, "West Qurna-2. Despite the fact that the Iraqi government unilaterally broke off the agreement, representatives of Lukoil is still fighting for their rights to the project. Who will not let Russia into Iraq? Will the Russian oil company to defend its interests? Vice-president of LUKOIL Leonid Fedun convinced that his company has all the necessary legal rights to develop deposits of the Western Qurna-2. He said this in an interview with U.S. magazine Newsweek. According to him, the main problem is the absence in Iraq, "national legislation" in the oil sector.

During the "gas riots" Ukraine is committed to answer

Oil Resursy18-01-2008 for a "gas riots" Ukraine will answer a long relationship between Russia and Ukraine re-heated. The question of supply and transit of natural gas remains a bone of contention. A conflict threw fruit mass Ukrainian Prime Minister Yulia Tymoshenko. The main point of its election program was the promise of the revision of the gas agreement with Russia, which she tries to do, not wanting to lose his face. Tymoshenko's visit to our country supposedly on January 23. During her visit, she intends to discuss with Viktor Zubkov, Russian Prime Minister, the provisions of gas sales without intermediaries and to raise the tariff for transit of Russian gas through its territory. In the meantime, as a review in Russia hotel's new director of national joint-stock company "Naftogaz Ukraine" Oleg Dubina. He headed Naftogaz in late December last year, when Tymoshenko for the second time won the prime minister. Today Mace met with Chairman of Gazprom Alexei Miller. Results of the meeting were not disclosed.

Features of the national debt, or Turn off - the mother of learning

Oil Resursy11-02-2008 Features of the national debt, or Turn off - the mother of learning to sit in the gas debts "has become a tradition for Ukraine. Indeed, why do not owe their neighbors, if a country is a transit country for their gas? It is always possible to exert pressure, to threaten Europe. However, Gazprom intends to punish the country deviators, which also has affected his daughter »Rosukrenergo. Recently in the Russian capital, the Ukrainian delegation has arrived in the person of the company's management "Naftogaz Ukraine". Today at a meeting with Gazprom on the agenda will be a question of gas debt fraternal state, for which repayment of Ukraine had only one day. Recall that the natural gas monopoly, strongly insists on the off gas to Ukraine if it does not pay the debt of about $ 500 million for already "settled" the country's Russian gas in the volume of 1.5 billion cubic meters. m. The total debt of the country amounts to 1.5 billion dollars. How the debt of half a billion dollars? The fact that in 2007 Ukraine will get Central Asian, in particular the Turkmen gas, which costs this year increased to 179.5 dollars per thousand cubic meters. m. However, since January, its supply has decreased due to severe cold in the region, and Rosukrenergo (50% stake in Gazprom) has to ship to Ukraine and Russian gas, which costs almost twice the price of Central Asian - 314.7 USD per thousand cubic. pm

In the tea business wound up a bug

Agricultural sector Proizvodstvo29-01-2008 in the tea business wound up bug "Tea-coffee" problem befell Russia, threatening shortage of the usual drink. Kaprovy beetle nearly knocked down the Russian tea market. What threatens Malicious insect pockets for fans of Indian tea? On January 28, Rosselkhoznadzor prohibits the supply of crop products from India. This is due to the fact that the passage of goods across the border to Novorossiysk during the inspection party sesame, which had arrived from India, was found kaprovy beetle. In this dangerous products is accompanied by phytosanitary certificates of the National Organization for Plant Protection in India. Naturally, the discovery of a quarantine facility for Russia cast doubt on the effectiveness of this body. Reference: Kaprovy beetle is one of the most dangerous pests of grain and its products. Receipt of contaminated plant products from India pose a serious threat to the phytosanitary security of Russia. The analysis of pest risk assessment shows that the drift kaprovogo beetle to Russia direct losses due to culling and disposal of commercial products can range from 167 million to 5.726 billion rubles a year.

Ukraine is digging a deeper hole

Resursy12-02-2008 Ukraine is digging a deeper hole Transferring the dates of the Russian-Ukrainian gas talks can only mean that both sides are on the brink of conflict resolution, especially the Ukrainian authorities are already looking for money to pay off the debt. Thus, Russia will be consistent: first returns Ukrainian debt, and then close the matter with diagrams of gas supplies. At the same time, its international partners will actively build the Nord Stream gas pipeline bypassing Ukraine. February 12 Ukraine will be left without Russian gas, the media noise and not get tired to say officials from Gazprom. Monday really had to be a day of heavy, so it was necessary to put an end to negotiations between Russia and Ukraine concerning the debt. Last Friday, showed that Ukraine is absolutely not ready to constructively discuss the issue of debt incurred due to the fact that since the beginning of the year the state receives not only Central Asian, but also more expensive Russian gas. Statements by the Ukrainian authorities at the weekend and Monday only confirmed this.

Chavez has promised to cut U.S. oil spigot

Oil Resursy11-02-2008 Chavez has promised to cut U.S. oil spigot barrel of oil would cost $ 200 - a prospect that depicts Venezuelan President Hugo Chavez. According to Chavez, the barrel price could easily reach that level, if he realize his threat to halt oil supply the United States. Chavez's threat followed a decision by a British court at the suit of the largest transnational oil company Exxon Mobile to freeze the assets of Venezuelan state oil monopoly Petroleos de Venezuela SA (PDVSA) for about $ 12 billion recall, Exxon Mobil filed a lawsuit against the company Petroleos de Venezuela (PDVSA) the High Court in London for the nationalization of the Government of Venezuela in the Orinoco basin. The decision was taken early last year. Under nationalization, foreign companies before May 1, 2007 PDVSA had to sell their shares in an amount not less than 60% in oil extraction projects. Despite the fact that U.S. oil companies Exxon-Mobil and Conoco-Phillips did not agree to these terms, in June 2007, they lost the rights to oil extraction in Venezuela. In response, Exxon Mobil filed lawsuits against Petroleos de Venezuela SA in U.S. courts, the UK and Holland.

Separation of the stabilization fund will remove Russia from the "oil needle"

Government Regulation igry29-11-2007 division of the stabilization fund will remove Russia from the 'oil needle "Today, Vice Premier and Finance Minister Alexei Kudrin said on January 1, 2008 Stabilisation Fund will amount to 3.836 trillion rubles. However, a month later, he would cease to exist. In its place, any Reserve Fund, which will have 8.069 trillion rubles, and the National Welfare Fund - 767.8 billion rubles. According to experts, a division of the stabilization fund will lead the country out from under the "oil dependency". April 25, 2007, Russian President Vladimir Putin delivered an address to both houses of Russian parliament and a key theme of his message was the concept of the stabilization fund. On the one hand, the President reaffirmed the separation of super-profits from hydrocarbon exports into three parts, as proposed originally Kudrin: the Reserve Fund, designed to minimize the risks of the economy of a sharp drop in world energy prices and aimed at maintaining macroeconomic stability and inflation control, transfer (payment ) federal budget for the implementation of large-scale social programs, fund for future generations, or a savings fund, which will be credited to all oil and gas revenues.

Tuk-tuk: The law allowed the debts to knock and the door

Rules igry31-01-2008 Tuk-tuk: The law allowed the debts to knock doors and awe debtors! Soon, without warning, in your apartment will rush ... bailiffs. They broke the door, take away what belongs to you. Thus the rights of performers judgments gives new version of the Russian Federation law "On Enforcement Proceedings". The amendments will enter into force on 1 February. Director of the Federal Bailiff Service (FSSP) of Russia Nikolai Vinnichenko explained that implementing judicial decisions tired clock, for days and sometimes for days to track down child support debtors and dishonest borrowers. Need to stand at the closed door was gone. "Now police officers will be able to get inside the apartment for performing actions, but with three conditions: first - should be a penalty unit manager service bailiffs, and the second - the presence of witnesses, and the third - the court decision", - transmit words N. Vinnichenko Interfax. But that's not all. Starting next month, police officers will "break" and the bank accounts of alimony debtors and dishonest borrowers. Banks will be obliged to provide information on their requests concerning the loans and the movement of accounts of such violators.

Uncomfortable posture Central: loans become more expensive

Banks Finansy04-02-2008 An Inconvenient pose Central: loans become more expensive consumer and mortgage loans may become more expensive, and the range of potential borrowers even shrink. And this is only part of the consequences that await the country after raising rates The Bank of Russia. Russia's Central Bank on Friday gave an unpleasant surprise for the entire banking community. As part of the fight against inflation, "Central Bank raised the refinancing rate from 10 to 10,25%. This is the first rate increase from the pre-crisis in June 1998. Then it was increased from 60 to 80%. Not only is this excited the financial market. "A unique case: the first time in the history of monetary policy, the Central Bank has changed not just refinancing, but all bets at once on 0,25%," - exclaims Evgeny Nadorshin, chief economist at the IB "Trust".

The ruble is worth more than it seems

Finansy07-02-2008 ruble is worth more than it seems our domestic currency is undervalued twice! And, if aggressively to strengthen the ruble, we can reduce the issue of inflation, say some experts. However, other experts note that such proposals "smack" 1997. Then, too, sought to strengthen the ruble against the dollar, which led to default a year later. In January 2008, inflation was 2.3%, exceeding by 0.6% same period last year. Overall in 2007, inflation reached 11.9% mark. In the pre-crisis 1997, it was lower - 11,5%. Masses recalled in 1998 and began to whisper about the denomination. The Government is still trying to convince that will keep inflation under 7,5-8,5%. However, that nobody believes. Economic experts believe that this year we will see inflation at around at least a 12% reduction in the rate of inflation can contribute to aggressive appreciation of the ruble, I'm sure Julia Tseplyaeva, chief economist at Merrill Lynch in Russia and CIS countries. In her opinion, the ruble - is one of the most undervalued currencies. "Appreciation of the ruble against the dollar by 3% will reduce inflation by one percentage point," - she said, stressing that it is virtually the only way to rapidly reduce inflation.

Serbia joined the South Stream »- Nabucco held his breath

Oil Resursy26-01-2008 Serbia joined the South Stream »- Nabucco held his breath historic moment - finally solved the issue joining Serbia in the pipeline" Southern stream ". Signing the agreement was a point in this matter. Europe provided a highly efficient system of Russian gas supplies. Tremble, Nabucco! "Serbia is becoming a key transit hubs in the structured system of energy supplies to the south of Europe" - Russian President Vladimir Putin after the Russian-Serbian talks. The outcome of the summit was the signing of an intergovernmental agreement on cooperation between the two countries in the energy sector, as well as the Protocol on the main terms of the acquisition by Gazprom Neft 51% stake in Serbian Oil Industry »(NIS). Thus, Serbia became the fourth country (along with Russia, Italy and Bulgaria) involved in the construction and operation of the South Stream project. Now, on the basis of the depleted gas field Banatski Dvor, located 60 km north-east of Novi Sad, will create an underground gas storage active volume of at least 300 million cubic meters. And by selling 51% of the market for NIS Serbia as new prospects of development of this enterprise, and long-term stability of energy supplies to its market.

The fall continues

Finansy23-01-2008 fall continues Falling markets have not ended, the players are confident. "Hurrah!" - Cheers "bears", and expect further panic in the market. Yesterday's Fed rate cut - not a cure, but only a temporary withdrawal symptoms. American "pill" does not help: the Russian market in the near future will continue its peak. What was that? Yesterday the Russian stock market, "said" his week-long decline after the world's playgrounds. Before he could even open, as immediately collapsed. The MICEX index lost 7%, while the RTS "lost" by 5,8%. During the day, despite the local oversold shares of Russian companies, foreign investors continued to dump them actively. Trading Volumes on MICEX three times the average turnover. Russia's collapse was the result of the continued decline of world markets. European markets showed a record decline since the terrorist attacks of September 11, 2001. Their loss averaged 6.5%. Asian markets showed approximately the same drop.

The real estate market is preparing surprises

Nedvizhimost28-12-2007 The property market is preparing a surprise debate over whether there is a "ceiling" of prices per square meter, and how much they still continue to grow. Some frightening two-fold increase value in the near future, while others predict a stabilization of the market. That will bring us the coming year? On this we asked leading analysts of the real estate market in Russia. What was important last year for the market? Gennady Sternik - Professor, Department of Economics and Management of urban development "Plekhanov. GV Plekhanov: Over the past 6 years, prices have risen on average by 20-25% per year. In 2007, my forecast for Moscow confirmed accurately and in a row for ten months. House prices stagnate, ie, stabilization occurred. In late 2007 the price increase housing supply in Moscow resumed, and for the year it was 12%. Oleg Repchenko head of the analytical center "Indicators of Real Estate Market: The most important event, at least in the first half was stagnant and" rollback "prices back. In 2007, the prices not only stopped its growth, but decreased on average by 10-15%. But, rather, it was a temporary hitch in the fall demand more or less intensified price equaled the end of last year.

Europe will have to forget about energy independence

Oil Resursy17-01-2008 Europe will have to forget about energy independence Europe will never throw off the burden of gas dependence on Russia. Further confirmation of that - the expected signing of an agreement between Russia and Bulgaria during the visit of Vladimir Putin. According to many experts, the result of the visit the head of the Russian Federation will not only be an agreement on construction of the pipeline, but the final decision on the entry of Bulgaria into the gas pipeline project South Stream. Even last summer at an energy summit Bulgarian President Georgi Parvanov said that Bulgaria would like to join the Russian-Italian gas project, says Anna Bigness.ru Znatnova, an analyst at IFC Alemar. Help the South Stream project - a system of gas pipelines that connect Russia and Europe via the Black Sea. The total length of the Black Sea will be around 900 km, maximum depth - more than 2000 m. The sea section of South Stream will run under the Black Sea from the Russian coast (Beregovaya) to the Bulgarian. For the construction of the onshore section deals with two different route, passing through the territory of member countries of the European Union.

Alcohol future of Russian cows

Livestock Agrarian sector Proizvodstvo21-12-2007 future of the Russian Alcohol Distillery cows are responsible for livestock. Producers of vodka will save it from extinction and help increase milk production. To do this, do not necessarily drink cows intoxicating, joke experts. Enough to feed its bards. Information: Bard - thick, remaining after the distillation of the wort in the production of corn liquor, the dregs of distilling and brewing. At the Department of "Feeding the farm animals" of the Moscow State Agricultural Academy (MTAA), "the dog ate" on the study of useful properties of DDGS, shared with Bigness.ru Sc.D., Professor Ivan Draganov. However, while theme of distillery waste production is interesting only theorists. In practice related to this product looks like. "Of the 11 million tons of DDGS produced annually released into the environment, rivers empty into drains two-thirds of valuable product," - with regret the professor says. Meanwhile, the bard a lot of protein, says Ivan Draganov. According to the doctor of biological sciences, the use of the alcohol industry waste in animal feeding will increase the same yields at least 10-15%.

A breach in security of alcohol: the warehouses may well substitute

The business of war rules igry04-12-2007 Security flaw in the alcoholic: the warehouses may well substitute for Surrogates, fake vodka, poor-quality wine - all this may soon be a first in the wholesale stores, and eventually on the shelves stores. Russia's president signed a document on the withdrawal of the scope of the wholesale system EGAIS. What will happen to the alcohol market in Russia, is anyone's guess. When EGAIS acted in wholesale trade data on the number of "counterfeit" of vodka on the shelves were out of the ordinary disappointing. "Half of the alcohol market is the illegal products. At present, only in Moscow fake vodka 25%, where everything is controlled, while in the 40-50% ", - stated at a roundtable member of the security committee of the State Duma Gennady Gudkov. Recall Unified State Automated Information System (EGAIS) was designed to maintain complete records of all alcohol produced in Russia - from the assembly line to store shelves. However, to date, due to problems with the implementation of the system, from its zone of action derived retail and wholesale.

Property can dramatically increase in price - investors are looking for, where to hide money

Nedvizhimost22-01-2008 Property can dramatically increase in price - investors are looking for, where to hide money Analysts expect aggravation of the situation on the market. Fall in world stock exchanges would lead to money flowing into this sector, says the head of the analytical center "Indicators of Real Estate Market (Earn) Oleg Repchenko. The instability of financial markets scares shareholders. They are trying to get rid of rushing down the market. "Often the real estate market and the stock market behave like vzaimozameschayuschie tools. Yield decline in the stock market leads to flow of money on real estate market. I do not rule out that these events can lead to what some of the money to fund players can redirect to buy the same flat, - shared with Bigness.ru Repchenko. If the situation with a fall in world stock markets will continue, it will lead to excitement in the real estate sector. In this case, the sellers must play to increase the price per square meter. Oleg Repchenko consents and other real estate analyst - Gennady Sternik. The relationship of these two markets is obvious. As of today the situation is such that more profitable to invest in more stable financial instruments, a typical example of which is the real estate market.

Domino effect: the collapse of the Russian stock exchanges was inevitable

Finansy21-01-2008 The Domino Principle: the collapse of the Russian stock exchanges was inevitable Updated at 19:00 MSK now the Russian market has put a kind of anti-record. Such a sharp drop in equity indices Russia did not know half of the year! On average, 10% lost in the share price of blue chips. RTS Index today "lost" to 7.38%, dropping below the psychological mark of 2000 points, ie, to levels last September. Following the auction, the MICEX index fell 7.47% to close the previous session and reached 1654.83. Over the last 5 trading days of the MICEX and RTS indexes fell by 14,3% and 14,5% respectively. Our players mirror copy the behavior of their foreign colleagues. When will increase? And as we meet the presidential election? World capital markets continue to fall the second week in a row. "The effect of the crowd" - ironically the experts. With a bang Asian markets tumbled, "dropped" Europe. For Asian exchanges Week kicked off with a fall. On fears that the U.S. economy had a recession that will slow the growth in the Asia-Pacific region, the composite index during today's trading slipped to a five-month low. In addition to Thailand and Sri Lanka, falling all the markets in the region.

Beware - a "trap" state pension fund!

Finansy25-12-2007 Beware - "trap" state pension fund! You put the ruble - get two. Russian Prime Minister Viktor Zubkov, still insists on the adoption of the law "About additional insurance premiums and creating a" model of voluntary retirement savings. " According to the plan it needs to attract more money into the pension system due to the fact that the state on an equal footing to finance retirement savings accounts. First of all, the authorities intend to show citizens how well along with the state to save for retirement. On this bill Bigness.ru already informed its readers. The Government expects that a person, knowing that the sum of its contribution to the state will add another 100% more serious about the accumulation of its pension assets. The introduction of "voluntary retirement savings model" proposed by state officials, and once again proves disastrous public funded pension system, I am sure the State Duma deputy Ivan Grachev. In an interview Bigness.ru MP has repeatedly criticized as pension reform, and he FIU.

Operation "denomination"

Rules igry21-12-2007 Operation "denomination" of the CC CPSU and USSR Council of Ministers at the request of the All-Union workers conducting the exchange of banknotes from tomorrow. The old notes are not accepted and should be exchanged "- roughly from such messages (usually late at night) in the Soviet Union began the campaign to replace the money. Something like this threatens the Russians and the following year. One of the main economic intrigues of the year certainly will be rumors about the denomination. They appeared exactly to the tenth anniversary of the last "cut zeros", which took place in late 1997. Authorities persistently deny this information. Actually, with the denials and rumors. Recall the first time in the past decade, the word "denomination," said First Deputy Prime Minister Dmitry Medvedev. At a meeting with Russian software developers, Deputy Prime Minister showed a system that has helped Turkey to solve some problems after "as the Turkish money decided to take three zeroes." "Therefore, if there would be some denomination ..." - launched a developer program, but Medvedev interrupted him. "Denominations will not" - he said. Soon, however, the Internet had been circulated sketches of the alleged future bills denominated from 1 to 100 rubles. These draft bills are made in a highly ascetic and austere design, without any "monograms" - the real money of the XXI century.