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Attack from breakaway Abkhazia damages Georgian power grid / MosNews.com
Gunfire and grenades from the Russian-backed separatist province of Abkhazia have destroyed an electricity pylon in Georgia, Georgian officials said Monday, the attack came a day after roadside blasts killed an ambulance driver accompanying a European Union patrol in the same area.
An Abkhazian official denied the claim about Monday's attack, a Russian news agency reported.
Tensions are high along the edges of breakaway Abkhazia and South O
lingeliens ludicrous legends: new war ahead of us?
So the last few days I am reading more and more blogs/newspaper-sites a new georgian war might be ahead of us.
Energy Tribune
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The announcement of South Stream appears to have damaged the commercial case for Nabucco to the extent that financial commitments may now be difficult to secure.
RIA Novosti - Russia - Russia's domestic gas price to double by 2011 - Gref
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Russia's domestic gas price to double by 2011 - Gref
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28/ 11/ 2006
MOSCOW, November 28 (RIA Novosti) - Russia's economics minister said Tuesday the domestic price of natural gas will more than double by 2011 to $100 per 1,000 cubic meters.
"We plan to do this by around 2011. This is a timeframe in which all Russian companies will be able to adequately prepare for a domestic price of above $100," German Gref told reporters, adding that the rise would be gradual.
Domestic industrial consumers currently buy natural gas wholesale at just $40 per 1,000 cu m.
Russian gas is now sold abroad at up to $260 per 1,000 cu m, so the domestic price should ideally be set at $125, or about one half the export price, the minister said.
Russian state-controlled natural gas giant Gazprom incurs billions of rubles in losses each year from cheap gas sold on the domestic market.
As well as raising domestic prices, currently around five times below the average export rate to the European Union, Gapzrom is also pushing for higher prices for Russia's ex-Soviet neighbors, including Belarus, which until recently enjoyed concessions comparable to the domestic price, and Georgia.
Gazprom has announced a nearly four-fold price increase to $180-$200 per 1,000 cu m for supplies to Belarus as of 2007, from $50 charged now, and said it will more than double the price for Georgia, to $230 from the current $110.
The price of gas sold to the EU - which relies on Russia for around 30% of its energy needs, including 44% of its gas - could be brought up to $293 per 1,000 cu m in 2007, 15% higher than this year's $257.
Underground City - Cool Pictures
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Underground City
Pictures from the deep dark regions under Russian streets.
RUSSIA REVERSES PLANS ON SUPERGIANT SHTOKMAN GAS FIELD - Eurasia Daily Monitor
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According to Putin, Western companies who wished to participate in the Shtokman consortium “had to offer to Gazprom some of their own assets. Not money, but assets. We don’t need money for such investment projects, money can easily be obtained on international financial markets. We need assets.” However, Putin concluded, none of those candidate companies could offer assets commensurate to the value of the Shtokman gas deposits (Putin’s Sueddeutsche Zeitung interview cited by Kremlin.ru, Interfax, October 10, 11). -
On October 9 Russia’s Gazprom announced that it has canceled the international tender for part-ownership and development of its supergiant Shtokman offshore gas field in the Barents Sea. Instead, Gazprom will itself develop the field as 100% owner. Moreover, the eventual output’s planned destination has been changed: Rather than being liquefied and shipped by tankers to the United States and other world markets, most of Shtokman gas is instead to be exported by pipelines to Europe. - 1 more annotations...
Putin Calls Urgent Meeting on Belarus Oil Transit | Russian Spy
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Russian President Vladimir Putin will meet his officials on Tuesday to discuss the situation with Europe-bound oil export halted since Monday due to a trade spat with Belarus, the Reuters news agency reports.
The meeting will take place at the Kremlin at 12.30 pm local time. There will be also talks with Belarussian officials, who have arrived in Moscow,“ an industry source said.
Russia, the world’s second largest oil exporter, has accused Belarus of stealing oil from Druzhba pipeline, which carrying two fifths of its total exports, and has shut off exports to five central European nations, including Poland and Germany.
Europe is heavily reliant on Russia for its oil and gas and is vulnerable to Russian supply cuts.
The oil supply cut was reminiscent of a stand-off last year between Russia and Ukraine that hit gas supplies to Europe. It escalates a tit-for-tat dispute between Russia and longtime ally Belarus, which have imposed punitive oil levies on each other.
Russia Stops Oil Transportation via Ukraine | Russian Spy
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The transportation of Russian oil through Ukraine’s oil pipelines Druzhba and Odessa-Brody connected with the Belarussian segment of Druzhba has been suspended because of problems in the energy relations between Belarus and Russia, an official of the Ukrainian company Ukrtransneft told ITAR-TASS news agency on Tuesday.
“The transportation stopped on Monday evening,” he said.
He said that Russian and Belarussian delegation were to begin talks in Moscow.
Apart from the Druzhba system, Russia’s oil is delivered through Ukraine to Black Sea ports via the Dniester region’s pipelines.
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