Hungarian MOL's oil-producing joint venture in Russia, ZMB, has gained a respite from the Russian authorities' threat to revoke its production license. ZMB (Zapadno-Malobalyk), a parity joint venture of MOL with Russneft in western Siberia's Khanty-Mansi district, had recently been warned by Russia's mineral resources... MORE

The Russian government began insisting in late July that gas from the Sakhalin-1 project must not be sold to China by its partners, including ExxonMobil, but instead diverted to meet the growing demand in Russia's Far East provinces. Many observers were shocked by what they... MORE

On July 31 the Russian Prime Minister, Vladimir Putin, formally launched the construction of the 1,800 kilometer Sakhalin-Khabarovsk-Vladivostok natural gas pipe-line (ITAR-TASS, July 31). This new strategic pipeline is designed to supply natural gas to the population of the Russian Far East, so far deprived... MORE

Russian Prime Minister Vladimir Putin wooed Turkey's AKP government with grandiose vistas of a bilateral partnership on energy during his visit to Ankara (EDM, August 7, 10). Along with his proposal to build Gazprom's South Stream pipeline to Europe via Turkey's Black Sea economic zone,... MORE

Following the signing of energy cooperation agreements between Turkey and Russia, Turkish Energy Minister Taner Yildiz continued his "energy diplomacy," by visiting Azerbaijan. Prior to departing for the Nakhchivan Autonomous Republic, the Azerbaijani enclave between Turkey and Armenia, on August 8 Yildiz stressed that his... MORE

Putin's visit and gas offer to Ankara is first and foremost intended as a counter-strike to the Nabucco project. The Nabucco inter-governmental agreement was signed, also in Ankara, on July 13 ("they barely had time to clean the red carpet" - Die Presse, August 7).... MORE

On August 6 in Ankara the Russian Prime Minister, Vladimir Putin, with a delegation of government ministers and state corporations' executives, announced vast plans for energy cooperation with Turkey (EDM, August 7). The Russian offers seem designed primarily for political effect in Europe, and secondarily... MORE

It appeared to be just another of ailing President Boris Yeltsin's oddities when on August 9, 1999 he appointed Vladimir Putin as prime minister and announced his support for this unknown bureaucrat as the next president of Russia. In a matter of a few weeks... MORE

Russian Prime Minister Vladimir Putin's August 6 visit to Ankara marked a new era for "enhanced multi-dimensional partnership," between Ankara and Moscow. Putin and Recep Tayyip Erdogan signed some twenty agreements covering energy, trade and other fields. Italian Prime Minister Silvio Berlusconi also attended part... MORE

While Moscow's decision to open another base in Kyrgyzstan received intense coverage in the international media, Russian President Dmitry Medvedev's recent visit to Tajikistan was largely overlooked. Along with the Presidents of Pakistan and Afghanistan, Asif Ali Zardari and Hamid Karzai, Medvedev visited Dushanbe last... MORE