Monthly Archives: June 2009

Russia Warms to the Supermajors

Upstream Online reports of a new development in the Russian oil and gas sector under the headline “Putin offers surprise deal to Shell”: Russian Prime Minister Vladimir Putin moved again to ease his government’s clasp over the energy sector at … Continue reading

Posted in Oil & Gas, Russia | 7 Comments

China and Russia Do Business

This is interesting, and will almost certainly get more so: China has agreed to lend Russian oil companies $25 billion in return for supplies from huge new East Siberian oilfields that will power its economy for the next two decades, … Continue reading

Posted in Oil & Gas, Russia | 3 Comments

Speaking Too Soon?

From Upstream Online:  Russian gas giant Gazprom expects liquefied natural gas exports from Sakhalin-2 to exceed 5 million tonnes this year, up from the initial plan of 3 million, export boss Alexander Medvedev said. Reuters quoted Medvedev telling a news … Continue reading

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Russia Feels the Pinch

There is a particularly self-destructive aspect to Russia as a nation, albeit no means unique to Russia, whereby outside forces are always to blame for their own predicament and no responsibility whatsoever lies at home.  Even today Russians speak about the Soviet … Continue reading

Posted in Oil & Gas, Russia | 1 Comment

Russia Does Irony

This amused: Sechin, who is considered one of Russia’s most powerful officials, called for oil markets to find a way to insulate themselves from the decline of the US dollar, which has led to a rise in the nominal US … Continue reading

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Camping in Sakhalin

The weather in Sakhalin is warming up nicely, the evenings are still getting longer, the bears are hungry and out in force…which means only one thing: camping season. Camping in Sakhalin is worthwhile for several reasons.  Firstly, there is the … Continue reading

Posted in Photos, Sakhalin | 16 Comments

Doing Business in Russia – Part 2

A colleague forwarded this to me, sourced from here.  It describes the procedures, time, and cost to build a warehouse in Russia. Data as of: January 2008 Estimated Warehouse Value: RUB 26,120,000 City: Moscow No: Procedure Time to complete: Cost … Continue reading

Posted in Business, Russia | 18 Comments

Doing Business in Russia – Part 1

Some of my long-time readers will remember the tale of my first ever visit to Russia back in February 2004, which involved a 3-day train journey from Moscow to Nizhnekamsk (or a town nearby, at least) in the Republic of Tatarstan.  … Continue reading

Posted in Business, Russia | 10 Comments