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Energy Blast – Oct 29, 2009

Robert Amsterdam (October 29th, 2009) Writes:
A new World Bank report says that Russia is likely to bear the brunt of changes to regional climate brought on by global warming.  Gazprom, currently feuding with Rosneft over blocked access to energy infrastructure, may rework its 'tough line' of fining European customers that do not buy the minimum-stated amount of gas each month.  Rosneft has outlined plans for $6 billion worth of offshore investment for the next few years.  The question of Iranian nuclear capability continues to be debated in the press.  '[U.S.] administration officials claim to have won Moscow's agreement to join in sanctions should Iran refuse to make a deal,' says the Washington Post, but the paper is also running this Reuters story: 'the Kremlin said that sanctions against Iran are highly unlikely in the near future.' Naftogaz October gas bill from Russia is to be ...

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