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POPSThe Energy War Begins: From Russia With Bombs
The U.S. and E.U. are also backing an associated project for a natural gas pipeline that would, again, traverse Georgia and Turkey and bypass Russia, thereby lessening Europe’s dependency on gas either sourced from Russia or sourced from Central Asia but controlled by Russia. Tale of Two Pipelines: Europe Seeks to Lower Dependency on Russian Gas Friday, March 07, 2008 By Patrick Goodenough, International Editor (CNSNews.com) - Russia's latest standoff with Ukraine over natural gas supplies has been resolved for now, but the dispute has reinforced the view in Europe that alternatives to Russian energy are sorely needed. Russia's state-owned Gazprom monopoly early this week cut supplies of gas to Ukraine by 50 percent over a longstanding financial dispute. Gazprom says Ukraine owes it $600 million. But after high-level negotiations the company said the restrictions had been lifted. http://www.cnsnews.com/public/content/article.aspx?RsrcID=18989
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POPSChavez Meets Russia's Medvedev For Trade Talks "We expect the signing of a range of contracts" in the arms sector, a member of the Venezuelan delegation was quoted by Interfax news agency as saying. He added that purchases could include Russian tanks and submarines. Chavez was also due to meet Sergei Chemezov, who oversees Russian arms export monopoly Rosoboronexport, a Kremin source said Tuesday. Rosoboronexport spokesman Vyacheslav Davidenko declined to comment about specific weapons deals, but he told AFP the two sides had drafted a document providing a "legal basis" for future arms deliveries. The Kommersant daily said Tuesday that a complicating factor in talks could be Venezuela's relationship with its neighbour Colombia, which accuses Chavez of aiding the Revolutionary Armed Forces of Colombia (FARC), a rebel group. If Russian weapons surface in the conflict zone, Moscow would be threatened not only with a significant worsening of relations with Bogota, but with Washington too,"
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POPSKremlin Charges Two Russian-Americans With Industrial Espionage RIA Novosti reports that the FSB specifically accused the Zaslavskys of "illegally gathering secret commercial information for the benefit of several foreign oil and gas companies, in order to give them advantages over Russian competitors." The Russian authorities' attention to the Zaslavskys' ties to the British Council has further soured relations between Britain and Russia. The Guardian reports that in January, Russia closed the regional offices of the British Council in St. Petersburg and Yekaterinburg as part of the ongoing diplomatic conflict between the two nations over the murder of former KGB agent and British resident Alexander Litvinenko in 2006. But Thompson Financial reports that the Russian government said the Zaslavskys' arrests were "not connected to the present state of Russian-British relations."
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POPSBP bends over for Putin Russia needed another bidder, so they brought in BP. Here’s what’s going to happen: BP bids, BP loses to Rosneft, BP magically gets a favorable contract soon after. The good news is that at least Putin is still putting up some form of facade to appear legitimate instead of just taking the assets outright. Ultimately he's just putting the final pieces in place for when he steps down from running Russia from the Kremlin to running Europe from Gazprom.
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