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[Most Recent Quotes from www.kitco.com]

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Energy Blast – Nov 19, 2009

Robert Amsterdam (November 19th, 2009) Writes:
Russia's EU ambassador says his country aims to reduce greenhouse-gas emissions by 25% through to 2020. Ukraine's President, Viktor Yushchenko, has written an open letter to Dmitry Medvedev, asking him to change the terms of agreement on gas supplies.  The move 'appeared designed to embarrass his political rival, Prime Minister Yulia Tymoshenko', says Reuters, alhough things will likely be tense enough ahead of Tymoshenko's meeting with Vladimir Putin today, as she has already announced that the transit price of Russian natural gas through Ukrainian territory will be doubled as of January next year.  Tymoshenko says the meeting's agenda does not include gas issues.  RusAl is pulling out of the construction side of the Boguchanskaya hydroelectric plant, its joint project with RusHydro, although says it will not withdraw funding. The venture has already been the focus of disputes ...

Gas Crisis Cooling Down?

Robert Amsterdam (November 4th, 2009) Writes:
p7.jpgWinter is upon us, and the last couple of days have seen rumors rumbling about the possibility of another gas interruption - due to payment problems at Ukraine's end.  It is alleged that Ukrainian Prime Minister Yulia Tymoshenko alerted Vladimir Putin to the fact that President Viktor Yushchenko was impeding 'the normal partnership between the Central Bank, which had the gold reserves at disposal, and the government', thus jeopardizing payment.The good news for those in Europe looking forward to a toasty winter is that analysts are suggesting that this talk is more hot air fueled by political rivalry between Viktor Yushchenko and Yulia Tymoshenko (who will race each other ,along with Victor Yanukovych, to the post of ...

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 ...

Blonde Ambition

Robert Amsterdam (October 26th, 2009) Writes:
opinion.jpgThe race for Ukraine's Presidency is hotting up.  With the incumbent serial Kremlin-offender Viktor Yushchenko flagging with ratings of just 3%, it seems that battle has truly commenced between Prime Minister Yulia Tymoshenko and opposition leader Viktor Yanukovych.  Russia-Ukraine relations have considerably suffered under Yushchenko's leadership -  will Tymoshenko, the other, (lest it be forgot) architect of the Orange Revolution, be West or East-leaning?  RFE/RL quotes her as suggesting that whilst involvement with Europe will be prioritized, warmer Russia relations may be on the cards:I'm sure that our relations with the Russian Federation can be equal and respectable, open and honest, without ambiguities.Or is she planning an altogether different kind of homage to Russia?  Yevgeny ...

RA’s Daily Russian News Blast – October 12, 2009

Robert Amsterdam (October 12th, 2009) Writes:
r.jpegTODAY: United Russia sweep polls at regional elections; accusation of vote-rigging fly.  Mitvol receives unusual delivery.  Medvedev had no time for Yushchenko at CIS summit; positive on Obama's peace prize; Ecuador looking for weapons deals?; Russia bids to host World CupWith almost 90% of the votes counted in Moscow, the city's election Committee has reported that the United Russia party has garnered 66.10% of the vote, with the Communist Party coming in second at 13.28%, sufficient for three seats in the 35-member chamber.  Vladimir Putin's party is apparently likely to have dominated in other regions.  The Guardian reports on allegations of vote-rigging; talk of which has seen leading opposition candidates scorn Medvedev's promise to uphold ...

RA’s Daily Russian News Blast – October 1, 2009

Robert Amsterdam (October 1st, 2009) Writes:
r-1.jpeg TODAY: EU Russia-Georgia report out! Tilted towards blame on Georgia; Russia claims vindication on who started it issue; denies report's accusations of Moscow violating international laws; PR machines crank up on both sides.  PACE to vote today on rights; Yushchenko says he will meet Medvedev despite recent freeze in relations; Medvedev to ditch Putin's wordsmith? 'Open hostilities began with a large-scale Georgian military operation against the town of Tskhinvali and the surrounding areas, launched in the night of 7 to 8 August 2008' - the Telegraph quotes the EU report which suggests the blame for starting the war lies with Georgia, whose actions in South Ossetia were unjustifiable under international law.  Reuters argues the report is 'likely ...

RA’s Daily Russian News Blast – September 23, 2009

Robert Amsterdam (September 23rd, 2009) Writes:
med.jpg TODAY: EU chief has faith that Russia will not stand in the way of sanctions against Iran; US reproaches Russia on human rights; hope for WTO bid?  Yushchenko suggests NATO bid would receive popular backing; ethnic haters charged; new accusation for Berezovsky; chess matches and political clashes. Drama at the Bolshoi. EU foreign policy head Javier Solana has said that he does not believe that China and Russia will oppose new sanctions against Iran.  US diplomat Douglas Griffiths has told the UN Human Rights Council that 'in Russia we are concerned about killings with impunity of human rights defenders and journalists in the North Caucasus'.  First Deputy Prime Minister Igor Shuvalov has said that Russia ...

Energy Blast – September 21, 2009

Robert Amsterdam (September 21st, 2009) Writes:
Reuters reports that next week Vladimir Putin will hold a meeting with global oil giants on how to exploit gas reserves on the Arctic Yamal peninsula.  Natural Resources Minister Yuri Trutnev has told Reuters that Russia will consider easing laws regulating foreign participation in offshore energy projects, which had been restricted during the 2002-July 2008 boom in oil prices.  Rosneft has apparently said that it will not be able to maintain the high level of oil exports that has seen Russia overtake Saudi Arabia as the world's biggest oil producer, as the domestic market will become more alluring to oil producers.  The President of OPEC has reportedly argued that the cartel must improve cooperation with Russia in order to keep prices stable.  Bulgaria has agreed to continue preparations for the Russian-backed Belene nuclear plant, South Stream and ...

RA’s Daily Russian News Blast – September 21, 2009

Robert Amsterdam (September 21st, 2009) Writes:
capt.6931d9566b8a4b36a11d5a129b2f1809.russia_ioc_putin__mosb102.jpgTODAY: Obama firm on reasons for missile defense decision; Medvedev and Putin seem to take it as a positive sign; Putin wishes to see trade the next barrier broken; Russia will abandon Kaliningrad missile plans.  Pressure mounting regarding Iran situation; Israel apparently promises Medvedev no attack on Ahmadinejad regime.  Top cleric murdered in Ingushetia; disappearances abound.Barack Obama is still arguing the independence of his decision on missile defense saying, 'the Russians don't make determinations about what our defense posture is,' but if they are 'less paranoid' as a result, than can be considered a 'bonus'.  Defense Secretary Robert Gates has reiterated this position in an article in the New York Times.  Medvedev sees otherwise: '...

Energy Blast – September 18, 2009

Robert Amsterdam (September 18th, 2009) Writes:
The New York Times suggests that antagonism regarding issues of sovereignty over Arctic waters has had a deleterious effect on the RUSALCA Arctic Sea mission.  Bloomberg reports that BG Group will seek to recover at least $700 million in export duties from the Kazakh government at a hearing in London later on this month.  Ukrainian President Viktor Yushchenko has said that the country's gas agreement with Russia could be modified at 'any moment' and has given his backing to the idea of Naftogaz Ukrainy's repaying or exchanging $500 million of eurobonds.  Russia has said that OPEC has accepted an invitation to hold an oil summit in Moscow to discuss ways of increasing cooperation and limiting variations in oil prices.  'We agreed that Russia and OPEC are still interested in developing partnerships in the near future', Energy Minister Sergei ...

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