Tuesday, March 24, 2009

A fair price for Russian oil companies - 70-75 dollars, says the head of the Ministry of Shmatko

For a wide range of issues - from the perspectives of a new gas confront Russia and Ukraine to the feasibility of mergers, Rosneft and Surgutneftegaz - to the Russian Energy Minister Sergei Shmatko, transmits news agency Reuters.

In the modernization of the Ukrainian gas transport system must be part of all parties involved - and Ukraine, and Russia and the EU - said the Minister, noting that the Russian side was ready to give Ukraine the profound advances in the December-January. " "We are ready to continue to do so, to provide financial support for upgrading the transmission system", - said Shmatko. Moscow is prepared to allocate money for the Ukrainian gas pipelines in order to strengthen the guarantee of gas supplies to Europe and to Ukraine itself.

According to the Minister, this will contribute to the reliability of gas supplies through Ukraine to Europe, which this winter because of the disruption of transit was left without fuel. In doing so, no specific amounts that Russia could invest in the modernization of the Ukrainian gas pipelines, Shmatko did not name. "It is hard to say now. I have heard different assessment. We have not yet received the balance of the fuel gas transportation system. What's going on, we did not understand," - noted the Minister.

In doing so, to date, the supply of gas to Europe not threatening, said Shmatko. "Today, in conditions when there is a sharp decline in gas consumption ... tell me who need gas - we just put" - assured the Minister of Energy.

In addition to the transit of Russian gas through Ukrainian territory, the Minister spoke about the supply of Russian oil to China. Until 2010, Russia must put the Chinese CNPC 48,4 million tons of crude oil by rail. Then the agreement will take effect on shipments through the pipeline East Siberia - Pacific Ocean, which should take place on the 15 million tons of oil in 20 years. Under these supplies government, Rosneft and Transneft have been 25 billion dollars of Chinese loans.

At the same time investing in mining companies in Eastern Siberia, which depends filler pipe ESPO, fall significantly short of prescribed levels. Run one of the greatest resources - Vankorskogo field, Rosneft - has been postponed for six months before the crisis.

However, the Minister optimistic: "Where oil? Who said Vankor would not be running, we issue in such a construction is not even discussing. We know that there is oil, we know how much of this oil, we know what to do or finish for the final run and field, and provide the necessary transport infrastructure to make it all function. "

As for the new tax breaks for Russian oil companies, which one after another to reduce their investment programs, they, according to the minister is not required. "Now the price went to $ 50, and the company appeared in the eyes shine. If it would be even higher, I'm sure they will step up the extraction," - said Shmatko.

Officials, the Minister, to calculate "fair" price for oil companies of Russia - is 70-75 dollars per barrel. At that price the companies would be encouraged to invest in the growth of production.

Commenting on rumors of a possible merger between Rosneft and Surgutneftegaz, the Minister has called such a union would serve no useful purpose. "In the wake of the falling market in the wake of economic crisis, is there any sense to take a serious decision about consolidation? If the market growth, then I understand the effect. I read in the newspapers, but can not share these things, because for me in terms of managerial things unnecessary "- said Shmatko.

101 East - East Timor oil - Nov 13 - Part 2

Friday, March 20, 2009

In RB argue that any association with the management of the SVR will not

Main Intelligence Administration (GRU) of General Staff of the Armed Forces will not be Foreign Intelligence Service (SVR) said on Thursday, sources in the intelligence community in Russia. On the merger of GRU and SVR reported in the recent series of media.

"Nothing about a merger of RB with the Service's foreign intelligence it is not. The intelligence of the country and both are working in close cooperation, in particular for the exchange of information" - said a source in intelligence.

According to him, a number of changes that will take place in the GRU of bringing the armed forces of the Russian Federation to the new look and do not relate to the direct management functions, reports .

In particular, the reform is planned to optimize the size of the units of military intelligence, would be strengthened management, enhanced staffing. One of the main functions - space exploration - will remain the responsibility of the GRU, said the agency interlocutor.

"All the activities to be carried out in the GRU in the reform, designed only to enhance the work", - assured the source.

Source Intelligence Community in Russia is also reported that the Chief of GRU Army General Valentin Korabelnikov in the near future will continue to perform their duties and will pursue the reform of military intelligence. Thus the source commented on the recent information that Korabelnikov written report of the resignation, ostensibly motivated by disagreement with the reform of military intelligence.

"No he did not write a report. He extended the life of another two years before the age" - said a source in intelligence.

Korabelnikov, January 4, which turns 63 years, expressed his wish to reform the structure of RB (giving a new image management), and after recruiting new candidates for that office to resign. Korabelnikov manages GRU since May 1997.

In November 2008, appeared in the media information about the forthcoming resignation of senior military groups, disagree with the reform of the army. In the Defense Ministry then these reports called the "abominable lie", but later one of them was indeed relieved of his post.

The reform of the special-purpose RB must also undergo significant reductions and re. As reported, in connection with the head of GRU Valentin Korabelnikov wrote a report on the resignation.

As rumors of the resignation of the General Staff Heads RB refuted, but the Defense Ministry refused to comment.

Nevertheless, rumors of the resignation Korabelnikova then it was heated. Thus, representatives of United Russia refused to hear a general revolt in the State Duma. Member, Committee on Defense Igor Puzanov said Korabelnikov "mustang has a deadline."

On Tuesday the head of military intelligence has not appeared on the expanded board meeting of the Defense Ministry, which also led to new rumors. In particular, it was assumed that the proscription on Korabelnikova associated with rallies "Berdsk special", which was attended by members of the armed forces directly subordinate chapter RB.

DandD BroadCASTING US GOV MURDERED Beverly Eckert because of HER 911 ACTIVISM! WEEK AGO MET OBAMA!

Tuesday, March 17, 2009

"AvtoVAZ" nothing to pay his suppliers - he asked the state 26 billion rubles

"AvtoVAZ" nothing to pay suppliers, a mortgage loan of 36 billion rubles is 60% of its assets. On Tuesday the Government will consider the request of the group about 26 billion rubles of state, writes Vedomosti.

Under these 36 billion rubles based assets carrying value of 45 billion rubles, told the president of "AvtoVAZ" Boris Aleshin to meet with suppliers on 11 March. The total book value of assets of the group - 75 billion rubles.

- "AvtoVAZ" assures that kept the sale in February at the January level

To pay his debts to suppliers last year, AvtoVAZ will use the new bill of two types. The first will be 20 thousand cars, the realization of paper can be the dealer. The second - in the list, the Central Bank of Lombard, such a bill would be to sell the banks, or lay in the CB.

"AvtoVAZ" and can not attract new borrowing confessed Alyoshin suppliers. Major creditors "AvtoVAZ" - Sberbank and VTB, said a source close to the shareholder.

The duty of "AvtoVAZ" has risen during the crisis, at the end of the third quarter of 2008 it amounted to only 22.78 billion rubles, including 17.4 billion rubles - a short-term.

When asked what this new debt of about 13 billion rubles, the representative of "AvtoVAZ" has refused to answer. The source close to one of the shareholders of the group, suggests that this is a loan and that at least a portion of these funds were bought by Renault platform and a license to manufacture the engines Renault. The cost of the transaction - 220 million euros.

To pay, "AvtoVAZ" needs of state, but money from the state did not receive the plant, said Alyoshin. "AvtoVAZ" has already sought the help of the State: a letter requesting to allocate 26 billion rubles Alyoshin and director, "Rostehnology Sergei Chemezov wrote to Vladimir Putin. According to Alyoshin, now the Government is considering options for loans, for release of liens and to attract new loans, but not removed from the agenda the issue of allocation of direct appropriations ruble.

Meanwhile, suppliers are afraid that of state will not help. Alyoshin believes that sales will fall behind by 30-50% of normal levels. If the market will be the same as in February (sold 29 300 Lada), the proceeds "AvtoVAZ" will be 6,5-7 billion rubles a month, said one of the participants of the meeting, only debt to suppliers for the first quarter - about 10 billion rubles . According to Alyoshin, now AutoVAZ receives from dealers only 10-12% of the advance payments.

"AvtoVAZ" assures that kept the sale in February at the January level

OJSC "AvtoVAZ" in February sold 29,3 thousand Lada cars in the market of the Russian Federation, that figure corresponds to January - 29,1 thousand units, said on Monday the press service of the enterprise.

At the end of January 2009 "AvtoVAZ" has reduced the sales of automobiles at 37.55% compared to same period in 2008. According to the press service, sales volumes declined due to the instability of exchange rates, a significant reduction in the volume car, but also because of the fear of buyers to make serious investments in times of crisis.

"Sales of the family car Lada Priora in the Russian market in February 2009 amounted to more than 7,5 thousand units, a 10% higher than February 2008. After two months of this year, sold 15.6 thousand cars of the family, an 8% more than for the same period in 2008, "- said the press service.

Following two months of 2009 by service and sales network OAO AvtoVAZ''''realized approximately 58,5 thousand cars Lada. At exported 3.3 thousand cars Lada.

"AvtoVAZ" in 2007 sold 663.5 thousand cars, a record figure for the company for all the work in the domestic market. In 2008, sales in Russia declined by 6% - up to 622 thousand cars.

In 2009, at "AvtoVAZ" could be produced around 590 thousand cars and the assembly Automotive, which is almost half the production plans of the company in 2008.

Friday, March 13, 2009

Ferreira, a professor against Atltico

Jesualdo Ferreira (Mirandela, Portugal, 1946) and it scared a few things as licking the age where others smell retirement. Andalusia Porto coach the opportunity came late on the edge of the 60, but knows that he is now in a position to request, and Pinto da Costa, president of the club, he is not proving easy renewal.

A guy who spent his childhood in Angola, which suffered the rigors of football and that was more modest about to lose a stepchild by a bacterium known there is nothing to change the look. Even Atletico Madrid. "Cherry says that playing half of that in the Bernabeu will happen. Well, playing less than half", and it was so quiet on Tuesday at his press conference.

Sentence does justice to the personality of Ferreira, Bachelor of Sport Sciences, University of Lisbon, a guy stuck in the books, a lover of the holiday in the Algarve with his second wife, Zulmira, a consulting business 48 years very attractive, and their two daughters, the fruit of a first marriage. Ferreira, which part of the Portuguese press nicknamed Doctor paused in his speech and his experience of white hair, takes two and a half years at the helm of the Port, which has two championship courses in the preceding.

When he arrived in the summer of 2006, terminated a contract with Boavista who was barely a month. Replaced Dutchman Co Adriaanse, which lasted 15 days in front of the dragons. It was the culmination of a career that began very bottom team in the regional Rio Maior or Torrens. Because his passion was always football. No left or when he went to live with their parents, to Angola, a former Portuguese colony, with only six years. Being a teenager and returned to study, and lived the early years of the return along with their uncles. There was a phrase that carries since and repeats over and over. "I quit my family, my friends quit, but my principles will never resign."

Remember

The worst passage of his life when, in 2006, her stepson Edward was on the brink of death after a visit to ... dentist. The boy was infected by a mysterious bacteria that had entered the ICU of a hospital for 10 days, until doctors discovered the source of infection and Eduardo saved lives. "So every day has to be a challenge, and put all their heart to do what is necessary, "says Ferreira, who is also known in Portugal for the metaphors it uses. Last year, after a run of bad results, he was asked if he feared for his job.

"I realize that the only true Porto win ...", was paused and continued:" In Porto win is like brushing their teeth, have it every day. " Met and his team took the road victories to finish as champions. In the past two years, the president has dismantled the template: Pepe (Real Madrid), Anderson (Manchester United), Bosingwa (Chelsea), Quaresma (Inter Milan, Chelsea sold in the market for winter), Paulo Assuno ( Atltico de Madrid). In return, he has returned to rebuild the block, making its largest real figure as Mourinho's successor.

Since the

Porto won the Champions League with Inter today's technical, along andalusia Duero have been looking for a similar. Not triumphed Luigi Del Neri, Victor Fernandez, Jos Couceiro and Co Adriaanse. The professor, a guy who coached the selection Angolan andalusia FAR Rabat and sub'21 Portuguese on track to do so. With permission from Atletico.

BSS - HAPPY NEW YEAR