Archive for the ‘natural gas’ Category

2013: The Year of the Snake   Leave a comment


RADA conducts due diligence and business intelligence investigations in Russia, Ukraine, Belarus, Poland, Romania, Moldova, Latvia, Lithuania, Estonia, Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.


Azerbaijan to Build World’s Tallest Building   Leave a comment

Azerbaijan plans to build what is expected to be the tallest skyscraper in the world. The proposed site is a man-made island in the Caspian Sea.

The 1050-meter tall ‘Azerbaijan Tower’ will be 220 meters taller than the world’s current tallest building, Burj Khalifa, located in the United Arab Emirates.

The construction of the Azerbaijan Tower is scheduled to begin in 2015.


RADA conducts due diligence and business intelligence investigations in Russia, Ukraine, Belarus, Poland, Romania, Moldova, Latvia, Lithuania, Estonia, Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.

Highlights of Interview with Gazprom CFO Kruglov   Leave a comment

Russian natural-gas giant OAO Gazprom’s net profit in 2011 will probably rise 25% to $40 billion, Chief Financial Officer Andrei Kruglov said in an interview with Gazprom’s corporate magazine.

Earnings before interest, taxes, depreciation and amortization are expected to rise more than 30% to $60 billion, Kruglov said in the interview.

“The favorable external environment and a strict control of operations will bring the company increased profitability,” Kruglov said.

Gazprom expects higher prices for its gas sales in Europe, as well as higher export volumes, he said.

“Despite the increased tax burden on the gas industry, the company’s finances will continue to improve,” Kruglov said.

RADA LLC: Offering Due Diligence in Azerbaijan   Leave a comment

RADA LLC is well established in Baku, and offers a complete range of investigative, due diligence, and background check services throughout Azerbaijan.

Russia and Ukraine Agree on Natural Gas and Port of Sevastopol   Leave a comment

Russian President Dmitry Medvedev and Ukrainian President Viktor Yanukovych announced an agreement ending years of animosity between the two former Soviet republics at the end of a one-day summit in the eastern Ukrainian border city of Kharkiv.

Russia agreed to a 30 percent drop in the price of natural gas sold to Ukraine, in exchange for permission to extend Russia’s lease of a major naval base in the Black Sea port of Sevastopol, Ukraine, for 25 years.

The agreement may bring an end to years of disputes over natural gas prices, which culminated in Russia turning off the pipeline to Ukraine.

Ukraine and Russia had been at odds ever since the “Orange Revolution” swept Yanukovych’s anti-Russian predecessor Viktor Yushchenko to power in 2005.

Throughout his time in office, Yushchenko repeatedly threatened to expel Russia’s Black Sea Fleet from Sevastopol. The Russian military lease there was scheduled to expire in 2017.

The Kremlin-friendly Yanukovych, who hails from predominantly Russian-speaking eastern Ukraine, trounced Yushchenko in national elections in January.

The Russian president said the new deal added a “concrete and pragmatic dimension,” to centuries of relations between Ukrainians and Russians.

Yanukovich Inaugurated as Ukrainian President   Leave a comment

KIEV, UKRAINE: 25.FEB.2010: Viktor Yanukovich vowed to steer Ukraine on a course between Russia and the west as he was sworn in as Ukraine’s president today.

”Ukraine will choose such a foreign policy that will allow the state to get the maximum results from the development of equal and mutually advantageous relations with Russia, the European Union, the US and other governments,” he said at his inauguration ceremony in the country’s parliament.

He went on to describe his vision of Ukraine as a “neutral European state”.

Relations with Moscow soured under his predecessor Viktor Yushchenko, who pushed for Kiev to join Nato. To the satisfaction of Moscow, which strongly opposes Nato’s eastward expansion, Mr. Yanukovich has pledged to keep Ukraine out of any military bloc.

Despite a controversial background, which includes two stints in jail for petty crimes during his youth, Mr. Yanukovich’s victory, in an election dubbed largely democratic, has been well received by both Russia and the west. His inauguration was attended by senior officials from Brussels, Russia and former Soviet republics.

Mr. Yanukovich’s political career seemed doomed after he lost the 2004 presidential contest as the Moscow-backed candidate. This time round he capitalized on bitter rivalries between the Orange Revolution leaders and narrowly beat Prime Minister Yulia Tymoshenko in a February 7 run-off vote.

Despite winning the presidency, Mr Yanukovich has yet to consolidate enough political power in Kiev to push through his agenda.  In the near term, he will seek to remove Tymoshenko from her post as as prime minister, a position that holds more authority over domestic affairs than the presidency.

The most controversial of Mr. Yanukovich’s alleged plans include prolonging the stay of Russia’s Black Sea fleet at a Ukrainian port. Another controversial plan could give Russia, Europe and Ukrainian businessmen loyal to him a management stake in Ukraine’s strategic natural gas pipeline via a consortium. Granting Russian official state language status would be welcome in the heartland of his support in eastern Ukraine, but it would alienate western Ukraine, which speaks Ukrainian.

Russia’s Arctic Treasures   Leave a comment

The seabed of the arctic, especially the continental shelf north of Russia, is believed to be a fresh treasure trove of oil, natural gas and precious minerals. They were atu_160ll inaccessible throughout history because the severe cold weather and the great ice cap made geological prospecting, let alone extraction, virtually impossible. But thanks to global warming, that is changing fast.

The Russian government takes the prospect of an energy and mineral bonanza beneath the melting arctic ice extremely seriously.

Former Russian President Vladimir Putin authorized the resumption of long-range strategic bomber patrols over the Arctic Ocean after a long hiatus.

The slow-flying but long-endurance Tupolev Tu-95 Bear turboprop-powered bombers have exceptional range, and their relatively low fuel consumption allows them to stay aloft for unusually extended periods of time.

The Russian air force also has sent its most formidable, prestigious and expensive aircraft, the incomparable Tupolev Tu-160 White Swan (NATO designation Blackjack) on these arctic patrols as a further demonstration of how serious it is about enforcing its rights in the region.