SI
SI
discoversearch

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 : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (13495)11/28/2005 4:13:52 PM
From: ACAN  Read Replies (1) | Respond to of 23958
 
Sergio; [IAIC] we should have put it in the folio. Here's some fundamental oil news of significance. Possible payback time for the sattelites who wanted out of the fold;


The Moscow Times
Monday, November 28, 2005. Page 6.
No More Cheap Gas, Russia Tells Neighbors

By Maria Danilova
The Associated Press

AP

Georgian Prime Minister Zurab Nogaideli

Russia said Friday that it would stop supplying subsidized energy to some former Soviet republics and charge them at world rates, putting further strain on the Commonwealth of Independent States.

Russia -- whose role as the region's main energy provider gives it considerable clout -- has hinted it is trying to devise a new model for dealing with ex-Soviet republics following mass upheavals that swept new pro-Western leaders into power in some countries.

"We need to move away from gray, unclear barter payments and switch to civilized payments, to world prices," Prime Minister Mikhail Fradkov said in response to a question about Russia's energy supplies to Ukraine, speaking after a top-level CIS meeting.