Energy Blast – Oct 23, 2009
Source: http://www.robertamsterdam.com/2009/10/energy_blast_-_oct_23_2009.htmPosted on Friday, October 23rd, 2009 | In Investing Lessons, Russia
In a meeting with Italian prime minister Silvio Berlusconi, Vladimir Putin made a surprise announcement that the South Stream pipeline, a joint project between Gazprom and Italy’s Eni, could be finished before its official start-up date of 2013. Plans for South Stream’s expanded volume were discussed by Russia’s Energy Ministry in Bulgaria this week, as was the controversial plan to use the existing Bulgarian gas transit network to aid this expansion. Transneft says it will complete its China pipeline by the end of the year. Russia’s Energy Minister is leaving the question of Rosneft’s privatization open, with the possibility of selling a 75% stake not to be considered until 2011. Canada-listed mining group SouthGobi Energy Resources has secured a $300 million loan from CIC (China Investment Corp). More on Russia’s surging oil industry.
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Bulgaria, China, China Investment Corp, China pipeline, Energy Minister, gas transit network;, Gazprom, Investing Lessons, Italy, Italy's Eni, Oil Industry, Prime Minister, Russia, Russia, Russia's Energy Ministry, Silvio Berlusconi, South Stream pipeline;, South Stream;, SouthGobi Energy Resources, USD, vladimir putin
 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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