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 Aegean; as well as confirm Gazprom’s future gas delivery plans across Greece.
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By John Helmer in Moscow
Mahmoud Thiam, the US investment banker who has served for the past year as Guinea’s Minister of Mining, Energy and Hydraulics, has been reappointed to his post, according to an official government announcement from Conakry, the Guinean capital, late last night.
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Question: What measures are being taken to ensure the safety of foreigners [in Russia]?
Prime Minister: That is a big problem. Unfortunately, we have all heard of very sad cases, even tragedies, that happened to foreign students in our country in the past. I think the authorities have shown a response that is commensurate with the threat. As a result, in 2009 interethnic and interfaith crimes were halved compared with 2008. Crimes against foreign students fell by 34%. We have set up an interdepartmental group at the Ministry of Internal Affairs and other regional bodies.
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We interrupt this news bulletin to bring
you a broadcast from Captain Obvious
on location live above the Kremlin
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By John Helmer in Moscow
The federal mine inspectorate in Russia, Rostekhnadzor (RTN), has cleared Evraz’s mine subsidiary Yuzhkuzbassugol (YKU) to reopen the Esaulskaya mine, after a methane accident on January 20 led to a regional court-ordered closure on January 25. Evraz is owned by Roman Abramovich’s Millhouse holding, and Alexander Abramov.
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The technical team, which is responsible for security of this website, reports that 830 MB of logs of malicious software have been identified as having been launched recently against this website. For internet technicians, this is a highly unusual, possibly a record-setting volume. Most specialists report that 5 to 10 MB of such logs is unusual. The trail left by the attempted attackers is being traced to source.
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By John Helmer in Moscow
Victor Chernomyrdin, one of the creators of Gazprom and Boris Yeltsin’s prime minister from 1992 to 1998, once famously said :“we wanted to do the best, but it came out as always”.
What the sly duffer meant was: “we tried to serve a better interest than our own, but only fools believe it.” That was what made Chernomyrdin famous, and also rich, in that benighted time.
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By John Helmer in Moscow
Evraz, Russia’s largest vertically integrated steel group, has been ordered by the federal mine safety agency Rostekhnadzor (RTN) and a Kemerovo court to stop production at the Esaulskaya mine, in the Kemerovo region, until inspectors have resolved reported methane problems. Esaulskaya is one of several mines in the wholly owned Evraz subsidiary, Yuzhkuzbassugol (YKU — “South Kuzbass Coal”).
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By John Helmer in Moscow
A deteriorating personal relationship between chief shareholders, and growing financial pressures on loss-making Far Eastern Shipping Company (Fesco), the Russian multimodal transportation leader, have led to a buyout offer for Fesco’s 50% stake in the National Container Company (NCC), which operates the First Container Terminal of St. Petersburg, the biggest box facility in Russia.
First Quantum, the controlling shareholder of NCC, has offered to pay Fesco $440 million for its stake. Industry sources have told Fairplay that Fesco paid $100 million less when it bought into NCC in 2007. In addition to the St. Petersburg terminal, NCC also owns and operates the NUTEP terminal in Novorossiysk; Ukrtranscontainer in Ilyichevsk, Ukraine; and Baltic Container Terminal, which is still in construction at Ust-Luga, on the Gulf of Finland.
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