Russia and Armenia Preparing Agreement for the Export of Gas to Yerevanin 2009-2011

01.09.2008 (17:36)

Moscow and Yerevan are working intensively to prepare a midterm agreement on the supply of Russian gas to Armenia in 2009-2011, a Kremlin source told Interfax commenting on the run-up to Armenian President Serge Sargsyan's visit to Moscow.

"Energy [resources] remain a priority in economic cooperation: intensive work is underway for the preparation of a midterm agreement on the supply of Russian gas to Armenia in 2009-2011," the source said according to Interfax.

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Gazprom, Ukraine to Continue Talks on 2009 Gas Supplies

18.11.2008 (10:54)

Russian energy giant Gazprom will hold on Tuesday a new round of talks with Ukraine on deliveries of natural gas to the former Soviet republic, a company spokesman said according to RIA Novosti.

Russia, Belarus Agree to Use Rubles in Oil and Gas Trade

14.11.2008 (13:56)

Russia and Belarus have agreed on switching to rubles in settlements for oil and gas, Belarusian Deputy Prime Minister Andrei Kobyakov announced following the signing of a memorandum of understanding between the governments of Russia and Belarus on coordinating measures to increase their national economies' competitiveness.

Ukraine's Government Urged to Complete Gas Talks with Russia

11.11.2008 (13:47)

The prompt completion of gas talks with Russia and their outcome will reflect the efficiency of the Ukrainian government in dealing with the crisis, Andrei Goncharuk, deputy head of the Executive Office, told journalists today.

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Norilsk Nickel Vows to Maintain Production

20.11.2008 (17:53)

Norilsk Nickel does not plan a cut in production, expecting its output in 2009 to remain unchanged from 2008, the company's General Director Vladimir Strzhalkovsky told a press conference today.

Severstal Gaining Control of High River Gold

20.11.2008 (17:40)

Severstal Resources, the upstream unit of steel major Severstal (RTS: CHMF), is increasing its stake in Canada's High River Gold (HRG) to 50.1%.

CAI's Alitalia Offer Approved

20.11.2008 (16:58)

The Italian government agreed to sell Alitalia's assets to CAI, a consortium of Italian investors, for US$1.3 million, turning the page on years of losses and political interference which led Alitalia to bankruptcy last summer.