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Greek Prime Minister George Papandreou said...

Greek Prime Minister George Papandreou said on Monday the construction of the Burgas-Alexandroupolis oil pipeline project could start in six months, dropping his doubts about the project.


MOSCOW, February 21 (RIA Novosti) - Gazprom...

MOSCOW, February 21 (RIA Novosti) - Gazprom, Total and StatoilHydro signed on Thursday a deal on a joint venture to develop the Shtokman gas field in the Barents Sea. The ambitious project to develop the Arctic gas field, with estimated gas reserves of 3.7 trillion cubic meters, is intended to supply the Nord Stream pipeline from Russia to Germany currently being built under the Baltic Sea. The Shtokman project cost is estimated at $30 billion. Gazprom has a 51% stake in the project, while France"s Total and Norway"s StatoilHydro have 25% and 24%, respectively. The newly created JV will own the infrastructure of the Shtokman first stage during 25 years after the deposit is put into operation, following which Total and StatoilHydro will cede their stakes to Gazprom. Investment in the Shtokman first stage will be determined in the second half of 2009, Gazprom CEO Alexei Miller said. "Work will start today to prepare technical documentation and this work will be completed in the second half of 2009 when an investment decision is made," Miller said. The first pipeline gas supplies from the Shtokman deposit will begin in late 2013 and liquefied gas supplies in 2014. The project"s first phase is expected to produce a total of 23.7 billion cubic meters of natural gas annually.


The Moscow District Military Court sentenced...

The Moscow District Military Court sentenced on Tuesday an aide to Russia"s Ground Forces commander to nine years in prison for real estate fraud.

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MOSCOW. (Nikita Petrov for RIA Novosti)...

Iran. This is ridiculous, because Iran does not have and for a long time will not have missiles capable of reaching Europe and America.

Other Russian officials, including General Yuri Baluyevsky, then chief of Russia's General Staff and now on the staff of the Russian Security Council, and Russian Ambassador to the U.S. Sergei Kislyak, former deputy foreign minister of Russia, have also expressed their opinions about threats to Russia's counterstrike potential.

Baluyevsky said at a briefing in the Russian Information and News Agency RIA Novosti last November that the United States would not be satisfied with the deployment of missile defense elements in Poland and the Czech Republic, and would press for more sites for its ballistic missile defense system.

He was proved right on the very day Lavrov visited Warsaw. The U.S. Senate ruled that $89 million be allocated to "the activation and deployment of the AN/TPY-2 forward-based X-band radar [the

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