Ruhrgas will continue increasing its stake in Gazprom to about 8 to 10 percent, analysts say. According to the latest study of the Boston Consulting Group, gas demand in Europe will double over the next 30 years, due to the replacement of energy generating plants that work on coal by plants that use gas. Certainly, Gazprom will gain from this process and Ruhrgas's intention to become its large stockholder is logical and timely, analysts say.
On May 20 Ruhrgas announced that it would enlarge its stake in Gazprom by 0.8 percent to 6.5 percent. According to analysts, the market price of this block of shares is $180m.
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
Posters for the play "Adam and Eve. Life after Paradise" with pictures of dancers Arsen Aghamalyan and Oksana Vasilyeva were banned in the city of Tver, Central Russia