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By John Helmer in Moscow Among the squares of 17th century London, St. James’s is one of the least pretentious, even if several of the buildings on the square have made a reputation for themselves as pretenders to such things as wealth management, war-fighting, and diplomacy. For them, the equestrian statue of King William III, […]

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By John Helmer in Moscow As Russian villagers used to say in olden times, when the tsar is kind, the wait to see him is long; when he is cruel, there is no delay at all. Prime Minister Vladimir Putin’s explicit attack on steel prices at the start of this week, and the commencement of […]

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By John Helmer in Moscow Russia’s energy chief, Deputy Prime Minister Igor Sechin, has disclosed that the Black Sea oil export plan he launched in Milan last October, with much applause from Turkish and Italian interests, is going nowhere fast – err, I mean, slow. He was speaking on the sidelines of President Dmitry Medvedev’s […]

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By John Helmer in Moscow The Lithuanians tried it more than a decade ago. The Belarussians are trying it again – noone in Moscow believes it can be done. In fact, the Russians say it’s childish to try. When the Russian noose goes round your neck, they say, you either beg forgiveness, or you choke […]

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By John Helmer in Moscow A gas supply agreement signed yesterday by the presidents of Russia and Ukraine dramatically changes the prospects for both oil and gas shipment across and under the Black Sea; extends Russia’s Black Sea Fleet lease of the Sevastopol base by another 25 years; and costs Gazprom nothing.

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By John Helmer in Moscow Prime Minister Vladimir Putin tried sweet-talking the Prime Minister of Qatar, Sheikh Hamad Jabr al-Thani, in Moscow this week on “closer coordination” between the world’s leading exporters of natural and liquefied gas (LNG). At stake are the growing deliveries of shipborne Qatari LNG to European ports, versus the shrinking deliveries […]

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By John Helmer in Moscow The chief executive of Russia’s pipeline company Transneft, Nikolay Tokarev (left), has told Deputy Prime Minister Igor Sechin that there is not enough Russian crude oil to make commercially feasible the proposed trans-Balkan pipeline to a new tanker terminal at Alexandroupoli. Tokarev’s opinion, conveyed privately last September, appears to have […]

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By John Helmer in Moscow Negotiations under way between Russian gas exporter Gazprom and Romania may result in a dramatic shift in the routing of the South Stream gas pipeline under the Black Sea, and in current relations between the Russian and Bulgarian governments, Bulgarian officials have told Fairplay.

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By John Helmer in Moscow Embattled Greek Prime Minister George Papandreou (left image) met in Moscow on Tuesday with Prime Minister Vladimir Putin (right image) in hope of reviving Russian plans to deliver a new crude oil pipeline from Burgas, on the Black Sea coast of Bulgaria, to the Greek terminal of Alexandroupoli, on the […]

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By John Helmer in Moscow Tax-free exports of crude oil from Kozmino, on the Sea of Japan — Russia’s newest oil tanker loading terminal — may be eliminated by April, after a showdown last Friday between the oil industry tsar, Deputy Prime Minister Igor Sechin, and the budget tsar, Finance Minister Alexei Kudrin. For the […]