Putin to launch South Stream in Anapa
Russia's President Vladimir Putin will pay a working visit to the Kuban territory, where he will visit Krymsk and Anapa tomorrow.
In Anapa Putin will take part in the ceremonial start of the construction of the gas pipeline "South Stream".
Dec 6 2013 - 18:55
Amid the political crisis unfolding in Ukraine the country's President Viktor Yanukovych traveled to the Russian city of Sochi to meet with his Russian counterpart Vladimir Putin.
Dec 6 2013 - 18:43
Russian air company Aeroflot is going to return to the Georgian market. The corresponding talks have already been launched, the administration of Tbilisi International Airport informs.
Dec 6 2013 - 14:47
Dec 6 2013 - 14:05
Ramazan Abdulatipov, President of Dagestan, and Sergey Abramov, Head of the Directorate for Railway Stations of the Russian Railways (RR), have signed a cooperation agreement at the Dagestani office in Moscow.
Dec 6 2013 - 11:13
Dec 5 2013 - 19:55
Russia’s federal budget is expected to face a shortfall of around 10 trillion rubles ($302.5 billion) in revenues needed to finance the government’s budget commitments in the period 2017-2020, according to a government strategy document, RIA Novosti reports.Growing pension liabilities, a likely fall in revenues from raw materials exports, shrinking tax revenues and a reduced contingency Reserve Fund of windfall energy revenues may drain the country’s budget even further, RIA Novosti reports citing the Russian edition of Reuters.
Dec 5 2013 - 16:32
The "South Stream" pipeline could set a precedent for the partial application of European legislation to the export activities of "Gazprom," the director of the Center for Global Energy Markets of the Energy Research Institute at the Russian Academy of Sciences, Vyacheslav Kulagin said commenting on the European Commission warning about the possibility of stopping the implementation of the gas project. Recently the energy department has stated that the "South Stream" will not operate on the territory of the European Union if it does not comply with EU laws.Kulagin explained that, despite the statement, the parties are conducting negotiations and are hoping to find a compromise. The expert reminded about negotiations between the North Stream and Germany as an example of finding a compromise between the EU and "Gazprom."According to Kulagin, finding a compromise is inevitable: both parties are interested in the "South Stream": "We see that certain exceptions in this legislation are necessary. The negotiations will not be easy, since too many countries will be affected by this pipeline... I think it is likely that uniform rules will not apply to tyre whole of the "South Stream" and that each of its segments will have its own rules of operation and access to it," the expert said.The "South Stream" pipeline could set a precedent for the partial application of European legislation to the export activities of "Gazprom"
Dec 5 2013 - 14:36