The Russian government will introduce amended bills on Production Sharing Agreement to the State Duma before April 3, 2003, Deputy Prime Minister Viktor Khristenko told journalists today after a meeting of the government's commission on Production Sharing Agreement. The Deputy Prime Minister explained that these amendments would concern the related part of the Tax Code and the law on Production Sharing Agreement. In the event the parliament approves these amendments, only five fields developed under the Production Sharing Agreement will remain out of a total of thirty three. The five projects had undergone all necessary procedures while state authorities still have questions on the other twenty eight fields. The development of these fields under the Production Sharing Agreement can be halted, Khristenko said.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year