The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (59639)	4/27/2006 6:50:35 AM
From: sciAticA errAticA	Read Replies (1) of 110194

Putin Talks of Sending Oil to Asia, Not Europe Published: April 27, 2006 nytimes.com <snip> MOSCOW, April 26 — President Vladimir V. Putin said Wednesday that Russia should direct future oil and natural gas exports to Asia because "unprincipled competition" had blocked its energy companies from expanding elsewhere. With the bold warning that Russia has other export options, Mr. Putin waded into a debate in Europe over the plans of Gazprom, the natural gas monopoly, which is trying to enter the retail gas market. Mr. Putin couched his words in a discussion of a new Siberian pipeline to ship oil to China, Japan and other Pacific Rim markets. He spoke before a meeting on energy issues with Chancellor Angela Merkel of Germany in the Siberian city of Tomsk. This week, the Russian oil pipeline operator Transneft said that it would break ground on Friday on a 1,400-mile pipeline from eastern Siberia to the Pacific Ocean. The pipeline, which will be able to carry 1.5 million barrels a day, could divert exports to Asia that now go to Europe. The swagger in Mr. Putin's remark suggests his government believes it now has a strong negotiating hand with Europe on energy issues. <snap> ---------- whack whack whack

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next