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Energy Blast – Nov 4, 2009

Source: http://www.robertamsterdam.com/2009/11/energy_blast_-_nov_4_2009.htm
Posted on Wednesday, November 4th, 2009 | In Investing Lessons, Russia
Contributed by: Robert Amsterdam (http://www.robertamsterdam.com/) -

Russia is planning to contribute $6.5 million to the IAEA Nuclear Security Fund in 2010-2015, the fund which supports, among others things, the use of nuclear security measures to counter nuclear terrorism.  Satellite photos apparently suggest that Iran has increased production at a uranium mine, emphasizing the necessity of broader UN inspections.  Russia is showing no hesitation regarding the Bushehr nuclear plant in Iran, according to Iranian Ambassador to Moscow Seyed Mahmoud Reza Sajjadi.  Siberia-oriented oil group Exillon Energy is hoping to become the first major Russian company to list on the London Stock Exchange in the 18 months since the financial crisis paralyzed the stock market – envisaging an IPO of $500 million.  Russian state oil company Zarubezhneft has come to a deal with Cuba
Petroleos to explore the island’s northern coast – a sign of warming relations between the former cold war allies?   This commentator on Reuters believes that talk of a new gas dispute between Russia and
Ukraine is more the product of political in-squabbling between
Ukrainian presidential rivals, than factual problems.  Bulgaria has
issued a warning to Russia to guarantee the safety of the Black Sea beaches if the country is to continue cooperation in a Russian trans-Balkan pipeline. 

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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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