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.
Malaysia needs Russia's assistance in maintaining and repairing Su-30MKM fighter jets
Japanese Prime Minister Shinzo Abe said that US army bases will not appear on the southern Kuril Islands in the even Russia delivers them to Japan