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Energy Blast – Sept 26, 2008

Source: http://www.robertamsterdam.com/2008/09/energy_blast_sept_26_2008.htm
Posted on Friday, September 26th, 2008 | In Russia
Contributed by: Robert Amsterdam (http://www.robertamsterdam.com/) -

Russia’s energy minister is discussing ways in which the country’s oil reserve could influence global oil prices. Mosenergo will create its own engineering firm to handle turbine construction for Russian energy companies including Gazprom. Dresdner Kleinwort won’t reveal why it is cutting its coverage of Russia’s oil and gas sector. Russia is ‘wielding enormous leverage’ in disputes over the Iranian and North Korean nuclear programs. The high cost of energy on global markets ensures that the Russian economy has a solid foundation.

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About Robert Amsterdam (http://www.robertamsterdam.com/)
Robert Amsterdam is a lawyer and an advocate for rule of law. His blog was created to express views which may stimulate debate and discussion on topics of international interest. Robert believes that we live in a world of unchallenged impunity, and he views his blog as merely a small attempt to shine a light on issues he views as important in countries with which he is engaged. He make no apologies or pretense of objectivity - he is merely stating his opinions.

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