Year: 2008

April 11, 2008

Look at Gas, Not Just Missiles

Edward Lucas of the Economist has some suggestions for Europe to lessen its dependence on Russian natural gas. 1) They should push for more non-Russian pipelines like Nabucco, 2) drive a harder bargain on the gas that it does buy, and 3) start tre...
April 11, 2008

Russia’s German Spy Goes on Trial

Today prosecutors filed espionage charges against Werner Franz G., a 44-year-old man from Bavaria who is alleged to have sold highly sensitive information and technological secrets to Russian intelligence between 2004 and 2006. The feds state that...
April 11, 2008

Russia’s New Pattern

Jeffrey R. Nyquist reads Sergei Tretyakov’s book and gets some good quotes from Andrei Illarionov about the disturbing new pattern created by authoritarian capitalism: Yet there is a rule, if you can call it a rule: The Kremlin regularly sei...
April 11, 2008

TNK-BP’s “Suspended Punishment”

Oxford Analytica has a great piece up quoting political scientist Dr. Alena Ledeneva of the University College of London, who says that investors are pulling away from BP’s despite the company’s insistence that their assets in Russia a...
April 11, 2008

Energy Blast – April 11, 2008

Gazprom is poised to become the world’s second-most profitable company, generating a net income of $41.5 billion, topped only by global leader ExxonMobil. A presidential spokesman for the Ukraine announced that monopoly natural gas operator ...
April 11, 2008

Today in Russian Business – April 11, 2008

Industrial giant ArcelorMittal has completed the purchase of three coal mines in Russia from Severstal for a total of $651.8 million. Merrill Lynch Chairman and CEO John Thain says the group is placing its bets on growth from abroad, citing strong...
April 11, 2008

RA’s Daily Russia News Blast – April 11, 2008

TODAY: Russia promises a response if Ukraine and Georgia enter NATO, helps Mongolia go nuclear, making deals on grain, Kosovo is worries about Ban Ki-Moon, and a major court decision limited property seizures. The Russian Army’s chief of sta...
April 11, 2008

Grigory Pasko: Interview with Vladimir Milov

Vladimir Milov: “Nord Stream – this is an reckless project” By Grigory Pasko, journalist Recently, information was placed on the website of the company Nord Stream about how the technical maintenance of the Nord Stream gas pipeline is feasible wit...
April 10, 2008

Video: Interview with Lukoil

Here is an interview with Andrei Gaidamaka, Director of Strategic Development for Lukoil, Russia’s largest private oil producer. Gaidamaka talks about $100 oil, demand forecasts, and away from the plummeting dollar. Today Lukoil also posted ...
April 10, 2008

The Hermitage “Fishing Expedition”

This blog has carried several posts about the trials and travails of William Browder and Hermitage Capital in Russia, a surprising story about how the largest foreign holder of Russians stock and a highly regarded goodwill ambassador of the govern...