« Today in Russian Business - Oct 8, 2008 | Main | Russia's Rescue of Iceland »

Energy Blast - Oct 8, 2008

LUKoil, Rosneft, Gazprom and TNK-BP have asked the government to lend state money on market terms to help them expand their businesses abroad. Gazprom says it expects OPEC members to prevent another ‘substantial’ drop in the oil price. Lithuania may renege on a promise to shut down its Ignalina nuclear plant, saying the risks of relying on Russian energy are too high. LUKoil has urged Iraq's oil minister to remove obstacles to its investment program for the West Qurna oilfield, which was outlined whilst Saddam Hussein was still in power. Surgutneftegaz is to pour $3.75 billion into an oilfield in Yakutia by 2011.

TrackBack

TrackBack URL for this entry:
http://www.robertamsterdam.com/cgi-bin/mt/mt-t.cgi/7178

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

About

This page contains a single entry from the blog posted on October 8, 2008 5:46 AM.

The previous post in this blog was Today in Russian Business - Oct 8, 2008.

The next post in this blog is Russia's Rescue of Iceland.

Many more can be found on the main index page or by looking through the archives.

Powered by Movable Type 3.31
Hosted by LivingDot