Source Pravda.Ru

USD 85 Billion May Be Invested in Russian Oil and Gas Industry by 2015 under Production Sharing Agreement

USD 85 billion could be invested in the Russian oil and gas sector by 2015 under a production sharing agreement. As a Rosbalt correspondent reports, this was announced today by Deputy Russian Minister for Industry, Science and Technology Sergei Mitin at the fifth national conference of producers and consumers of oil and gas equipment. He also said that one of the main aims of this agreement is to bring together the producers and consumers of this equipment so that they can work together. Mr Mitin emphasised that the mechanisms of support of Russian contractors are not yet fully developed and for this reason the statutory quota of the agreement which limits Russian participation in supplying equipment to 70% has not yet come into force.

Ukrainian bloggers draw a parallel between the events in East Timor and the Crimea. Any comparison has a right to exist, but a detailed analysis of the situation does not give a promising forecast to Ukraine

Ukraine dreams of what it can do to Crimea after winning war with Russia
Comments
Russian woman killed when hanging out naked of moving car in Dominican Republic
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
Why Russia continues investing in US public debt
Russian woman killed when hanging out naked of moving car in Dominican Republic
The Sham called Democracy
The Sham called Democracy
The Sham called Democracy
The Sham called Democracy
Aretha Franklin: A colossus, a woman, a lady, a light and a soul
The Sham called Democracy
The insane idea in Germany: "pedophilia normal love"
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
The Sham called Democracy
The Sham called Democracy
The end of the theory of a Nobel Prize in chemistry?