Yesterday in Brief for February 20, 2009 (Interfax)
February 21st, 2009
Digest of headline news from February 19 to 11:10 a.m. on February 20: BUSINESS & FINANCE *** DOLLAR GAINS, EURO DECLINES IN MICEX TRADE ON FRI The dollar gained against the ruble and the euro fell in the first minutes of trading on the MICEX exchange Friday.
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Russia goes from splash to crash as commodities tumble (MENAFN)
February 21st, 2009
Russia goes from splash to crash as commodities tumble
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Cabinet instructs Energy Ministry and Naftohaz Ukrainy to draft program for using electricity instead of gas to … (KYIV Post)
February 21st, 2009
The Cabinet of Ministers has instructed the Fuel and Energy Ministry and the Naftohaz Ukrainy national joint-stock company to draft a program for using electricity to operate Ukraine’s gas transport system instead of gas.
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Ukraine faces new Gazprom crisis as debts mount (Unian)
February 21st, 2009
A new gas crisis between Ukraine and Russia loomed yesterday after Naftogaz gave warning that a “catastrophic” increase in payment problems by its customers may leave it unable to pay Gazprom for further supplies, Times Online reported.
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Russia goes from splash to crash as commodities tumble – Middle East North Africa Financial Network
February 21st, 2009
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Russia goes from splash to crash as commodities tumble
Middle East North Africa Financial Network, Jordan This January, Europe got a chilly reminder of just how dependent it is on Russian gas, when state-controlled gas monopoly Gazprom OGZPY turned off the taps to most of Europe following a bitter dispute with Ukraine. Now, the Russian government is … |
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Russian stock market closes week on minor note – Onet.pl
February 20th, 2009
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Russian stock market closes week on minor note
Onet.pl, Poland Posting gains was Polyus Gold (RTS: PLZL), up 2.9% on the MICEX and Polymetal (RTS: PMTL), 10.1%. Classic RTS Trading came to $2.674 million while MICEX deals reached 22.42 billion rubles, led by Gazprom with 6.03 billion rubles in transactions. |
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Sibir Energy Suspends Share Trade In London – EasyBourse.com
February 20th, 2009
 Daily Mail |
Sibir Energy Suspends Share Trade In London
EasyBourse.com, France The bank said that Shell, Sibir's partner at its key Salym field, and Gazprom Neft (SIBN.RS), Sibir's partner in the Moscow refinery and Russia's fifth-biggest oil producer, are the most likely candidates. Both Shell and Gazprom Neft declined to … Sibir says investor's debt triple; shares suspended |
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Ukraine faces new Gazprom crisis as debts mount – Times Online
February 20th, 2009
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Ukraine faces new Gazprom crisis as debts mount
Times Online, UK The hryvna continued to fall yesterday, trading at 8.5 to the dollar at the foreign currency exchange, down from 4.9 in September. Ukraine's stock market rose yesterday by 2 per cent after falling 8.1per cent to its lowest point in more than four years … |
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Sibir Puts Chigirinsky Debt at $325M (The Moscow Times)
February 19th, 2009
20 February 2009 Oil firm Sibir Energy said Thursday that it is owed $325 million by co-owner Shalva Chigirinsky, almost triple the amount previously announced, from a series of controversial property deals.
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Rosatom Urges Nuclear Pact (The Moscow Times)
February 19th, 2009
Rosatom said Thursday that it hoped that U.S. Congress would reconsider a bilateral civilian nuclear pact potentially worth billions of dollars in trade.
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