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The Gas Comics: EU Sells Out Human Rights to Turkmenistan

Robert Amsterdam (November 17th, 2009) Writes:
gas111709.JPG You've got to respect Global Witness ... for a watchdog NGO, they bring a lot of creativity and innovation to their cause (see this past campaign for another example).  GW has also done a tremendous job in the past unearthing all the corruption surrounding RosUkrEnergo, a subject which has come up again and again (let's just say the corruption scandal reaches pretty high).  Today they published another hot report to remind the European Commission how they've got it all wrong in selling out human rights and democracy to the brutal dictatorship in Turkmenistan in exchange for eventual access to natural gas ... including a collaboration with the political cartoonist David Rees.Click here ...

MBT Tops, Economy & FX Hurt Sales – Analyst Blog

Zacks Market Commentaries (November 16th, 2009) Writes:
Mobile TeleSystems (MBT), Eastern Europe’s largest cellular operator, announced results for third-quarter 2009 with earnings per ADS of $1.31 exceeding the Zacks Consensus Estimate of $1.17. Net income, however, dipped 4.1% year over year to $494.4 million on lower revenue and higher interest expenses on US dollar denominated debt.  Revenue, ARPU & Churn  Consolidated revenue declined 19.4% year over year to $2.27 billion, affected by the macroeconomic volatily across key markets and unfavorable exchange rate (rouble versus dollar) movements which hurt the company’s dollar-denominated revenues. On a geographic basis, revenue increased in Russia (7.2% year over year) and Turkmenistan (113.2%) while declining in Ukraine (1.7%), Uzbekistan (1.9%)and Armenia (3.1%).   In Russia , churn (customer switch) increased sequentially and year over year while ARPU (average revenue per user) increased from the previous quarter but declined year over year. Churn at Ukraine declined year over year while increasing ...

Energy Blast – Nov 3, 2009

Robert Amsterdam (November 3rd, 2009) Writes:
Russia has reached a new record high in monthly oil production, at more than ten million barrels a day in October, maintaining its position as the world's biggest oil producer.  Rosneft is at the forefront of the increase with production from its new Vankor field in the Arctic.  Vladimir Putin has nodded approval for a Danish initiative on CO2 emissions that could replace the Kyoto Protocol, but with two caveats - that Russian interests be taken note of, ie the country's immense CO2-absorbing forests, and that the resolution be ratified by all the world's biggest economies.  Russia may increase threefold its supplies of gas to Denmark, which could see supplies reach a total of 3 billion cubic meters a year via the Nord Stream pipeline.  The Prime Minister has urged the 'stingy' EU to assist Ukraine in its difficulties ...

Grigory Pasko: Fabricated charges of espionage against the ecologist Andrey Zatoka

Robert Amsterdam (November 2nd, 2009) Writes:
091102.затока.jpg

An appeal from Russian citizen and ecologist Andrey Zatoka, residing in Dashoguz, Turkmenistan, to you, to me, to our dear readers, to anyone listening.

I, Andrey Zatoka, ask for your help with regard to law enforcement agencies that are repressing me.

Если Вы хотите прочитать оригинал данной статьи на русском языке, нажмите сюда.

At the moment, I am in detention and being investigated as part of an entirely fabricated case. I am accused of causing bodily harm to someone who assaulted me without cause in a bazaar. It is obvious to me that the assault was set up with the help of a non-staff assistant to the police and that everything from the apprehension to the accusation charges were planned and organised

...

Energy Blast – October 5, 2009

Robert Amsterdam (October 5th, 2009) Writes:
The Financial Times enumerates Gazprom's problems: are its ambitions to increase production any more than pipe dreams?  Competition for energy reserves in the Arctic Circle could prompt friction between Russia and NATO, a new commander at the alliance has warned.  Bloomberg reports that the holder of the world's fourth-largest gas reserves, Turkmenistan, is ready to export natural gas to European collaborators if they build a pipeline across the Caspian Sea to transport the fuel.  According to Oil and Gas Eurasia, Russia needs a total of $310 billion to fully carry out its program for the analysis and exploration of its continental shelf, a deputy natural resources minister has announced.  Energy Minister Sergei Shmatko has said that Russia has been invited as an observer to the December meeting of the Organization of Petroleum Exporting Countries.  Finnish environmental ...

Energy Blast – September 22, 2009

Robert Amsterdam (September 22nd, 2009) Writes:
The new CEO of TNK-BP will apparently be chosen by the end of the year, energy mogul Viktor Vekselberg has announced.  The Telegraph examines Total chief Christophe de Margerie's belief that oil prices may rocket back up to the $100 mark if further investment into oil exploration is not followed through.  According to Bloomberg, state-run monopoly Saudi Aramco says that it imagines little chance of pumping crude from idle fields in 2010 because demand for oil remains low.  Ukraine will offer 'absolute and unconditional guarantees' to restructure the debt of Naftogaz Ukrainy.  Greece is cooperating with Russia in the construction of the Burgas-Alexandroupolis oil pipeline and South Stream gas line, but with a predominant concern for its own interests, says Greek Prime Minister Costas Karamanlis, according to ITAR-TASS.   37 tenders for the Shtokman gas field ...

RA in Moscow Times: Clan Politics of Russia, Venezuela, and Iran

Robert Amsterdam (September 17th, 2009) Writes:
image_credit_to_moscowtimes.jpgRobert Amsterdam has an opinion article published in The Moscow Times today:

The recent visits to Moscow and Tehran by Hugo Chavez raise a number of concerns about the deepening relations between Russia, Iran and Venezuela.

The motivation behind the Russia-Iran-Venezuela alliance is often misunderstood. On the one hand, there is the narrative that these governments are pursuing national interests, seeking to deepen their security against ever-present external threats and accrue regional power. Others argue that the alliance is driven by an attempt to build an "alternative architecture" of global relations, one that is conveniently unconcerned with democracy and human rights and bound solely by the common value of anti-Americanism.

Both these assumptions are dangerously misleading. In reality, the foreign policies of these three states are driven by the personal interests

...

Grigory Pasko: Welcoming our Friend, Lt. Col. Chávez

Robert Amsterdam (September 8th, 2009) Writes:
chavez_putin090709.jpg

It's September again, and that means the children are heading off to school, and the birds - heading south. And, as tradition goes, Comandante Chávez has embarked on a world tour. This time, the Lt. Col. - the leader of the Bolivarian revolution - visited Libya, where he observed the 40th anniversary in power of another colonel, Muammar Qaddafi. Then - Algeria. Then - he went to Iran. Then - popped into Turkmenistan, which, it seems, turned out to have been a surprise for president Gurbanguly Berdimuhamedow [We are using the spelling the Turkmens themselves use as they switch from Cyrillic to Latin script, instead of "Berdymukhamedov", which is actually a transcription from Russian--Ed.].

...

Energy Blast – September 8, 2009

Robert Amsterdam (September 8th, 2009) Writes:
Reuters examines oil prices: with an OPEC meeting imminent, crude prices have stabilized, as analysts expect to see the group agree to maintain its 'official output target stable around $70'.  Russia is surpassing Saudi Arabia in oil exports for the first time in the wake of OPEC production cuts.  'In no uncertain terms, Russia has been the biggest beneficiary of OPEC's sacrifice', says strategist Chris Weafer.  Saudi Arabian Oil Minister Ali al-Naimi believes that the current crude prices - between $68 and $73 a barrel - are acceptable for producers and customers alike.  Energy Minister Sergei Shmatko has met with Iraqi Prime Minister Nuri al-Maliki in an attempt to pursue Russia's aim of reviving Saddam Hussein era oil deals.  President Medvedev says that Russia must refuse requests for Ukraine to prepay natural gas transit fees, (with Kiev prepaying more than ...

The Yevgeny Zhovtis Trial, Day 1

Robert Amsterdam (September 2nd, 2009) Writes:
zhovtis090209.jpgRussia is far from alone in the neighborhood in its staging of show trials and corralling of political prisoners, and in fact, what is happening to human rights advocate Yevgeny Zhovtis of Kazakhstan, shows an measurably deeper level of political interference.Today began the first day of the criminal trial in a village outside of Almaty against Zhovtis, who is the director of the Kazakhstan International Bureau for Human Rights and Rule of Law, one of the most authoritative and well regarded civil society organizations still operating under the government of  Nursultan Nazarbayev.  After having spent the better part of an hour on the telephone with one of Zhovtis's brave defense lawyers (see below), I strongly believe that those ...

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