Russia 110513 Basic Political Developments



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National Economic Trends


  • CBR reports April interventions at only $3.7bn

  • Inflation returns to 0.1% per week

  • CIS Wheat Competition - Russia, Ukraine and Kazakhstan will increase wheat supplies and boost exports starting July 1, increasing competition for European and U.S. growers, the U.S. Department of Agriculture said.

Business, Energy or Environmental regulations or discussions


  • Fesco, Mechel, Norilsk Nickel, Novatek: Russian Equity Preview

  • Sberbank May Buy BNP Paribas Russia Retail Unit, Kommersant Says

    • Sberbank eyes BNP Paribas Russia retail arm –paper

  • Troika Dialog Was Unprofitable in First Half, Vedomosti Reports

  • Winsway Coking buy first Russian coal deposit

  • Morgan Stanley could buy Moscow shopping mall for $1bn

  • Russian seaports handle 0.7% less cargo in Jan-Apr – ASOP

Activity in the Oil and Gas sector (including regulatory)


  • Gas Agreement With China Likely by Start of Forum

  • Rosneft Still Weighing Arctic, Swap Deal Before May 16 Deadline on BP Deal - “The company will make a decision that best meets its shareholders’ interests,” Rustam Kazharov, a spokesman for the Moscow-based Rosneft, said by phone today. “The company wants to take a very balanced approach to making a decision.”

  • Russia TNK-BP minority shareholder sues BP –papers

  • TNK-BP minorities seek $10bn in damages from BP

  • TNK-BP shareholders prepare $5-10 bn BP suit

  • Russia's Surgut proposes flat dividends on 2010

Gazprom


  • Gazprom Neft in big profits hike - Russia’s Gazprom Neft lifted its first-quarter net profit by 91% year-on-year to $1.437 billion, beating analysts' expectations thanks to better refining data.

  • Pakistan Seeks Cooperation With Gazprom on Gas Pipleines

  • Gazprom faces $8 bln hit from taxes, price curbs

  • Gazprom discloses pipeline construction costs

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Full Text Articles




Basic Political Developments




Dmitry Medvedev will meet with President of Austria Heinz Fischer on May 19, 2011


http://eng.kremlin.ru/news/2202

May 12, 2011, 12:00

Tags: foreign policy, Austria

Federal President of the Republic of Austria Dr Heinz Fischer will pay an official visit to Russia on May 18–21, 2011 at President of Russia's invitation.




Putin to talk joint projects in Slovakia


http://english.ruvr.ru/2011/05/13/50224545.html
May 13, 2011 09:11 Moscow Time

Prime Minister Vladimir Putin is leaving for Slovakia for talks with the country’s prime minister and president.

   Russian and Slovakian leaders will focus on economic, energy, transport and scientific cooperation and will consider launching a number of joint projects.

   Putin will also attend the Congress of the International Hockey Federation which is expected to name the host country of the 2016 world championships.

    Russia is among countries competing for hosting the event.

Kazakh, Russian PMs talked over phone


http://engnews.gazeta.kz/art.asp?aid=341015
10:48 13.05.2011
text: Kazinform

Kazakh Prime Minister Karim Massimov has held a telephone conversation with Russian colleague Vladimir Putin.

The Kazakh Premier posted it on his Twitter page.

As the press service of the Russian Government's Chairman informs, they discussed the issues of bilateral economic cooperation, the course of integration processes, including in the context of the upcoming session of the CIS Council of heads of government in Minsk.

Russian FM warns against foreign intervention in Syria


http://www.jpost.com/Headlines/Article.aspx?id=220400
By JPOST.COM STAFF 
05/13/2011 10:37

 

Russian Foreign Minister Sergei Lavrov on Friday warned against foreign intervention in Syria, calling on its opposition not to look for a repeat of the "Libya scenario," AFP reported.



On Thursday, the International Commission of Jurists (ICJ) said Syrian authorities have killed more than 700 people and rounded up thousands while shelling cities indiscriminately in their military crackdown on protesters.

Russia warns against foreign intervention in Syria

http://www.google.com/hostednews/afp/article/ALeqM5jCu-z6I5PvcZpq30N7Wby0AvivvQ?docId=CNG.362c73b7828630d611a2c7b4ef2e55f1.571

(AFP) – 28 minutes ago

ALMATY — Russian Foreign Minister Sergei Lavrov warned Friday against foreign intervention in Syria, calling on the Syrian opposition not to seek a repeat of the "Libya scenario".

"We are very worried that the process of reconciliation, the process of the start of dialogue ... is being slowed down by a desire of some participants to attract foreign forces to support their actions," Russian news agencies quoted Lavrov as saying.

Speaking on a visit to the central Asian nation of Kazakhstan, he warned against a repeat of the "Libya scenario", where a Western coalition is carrying out air strikes against regime targets in a campaign that is increasingly troubling Moscow.

In March, Russia chose to abstain from the UN Security Council resolution on Libya that essentially authorised military action to protect civilians in Libya.

But the Kremlin has lately accused the West of exceeding the UN mandate and getting entangled in a full-blown military operation in north Africa.

As the situation in Syria escalates, Moscow has clashed with the West at the United Nations over Damascus's deadly crackdown on opposition protests, blocking a proposed Security Council statement condemning the violence.

Speaking in an interview with Moskovskie Novosti newspaper published this week, Lavrov complained that the West abused Russia's willingness to cooperate on Libya.

He said that from now on Moscow would look at any attempts by the UN to authorise the use of force through a "huge magnifying glass."

Analysts also explain Russia's firm stance on Syria by a desire to preserve economic and political ties with a Soviet-era ally.

Observers say that while Libya is located on the periphery of the Arab world, Syria is right at the heart of the region and any escalating unrest is likely to send shockwaves across the entire Middle East.

Lavrov also said all the countries should be held accountable for their policies at the UN Security Council.

"In our opinion, in the opinion of countries such as Brazil, India, China and South Africa the answers given by the coalition to the questions asked cannot fully satisfy us so far," Lavrov was quoted as saying.

RT News line, May 13



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