North Korea will get $100 million annually if it becomes a transit country for Russian gas supplies to South Korea, the Russian president's envoy to the Far East said on Thursday.
In August, President Dmitry Medvedev said after talks with his North Korean counterpart Kim Jong-il that the parties had reached an agreement to draw up a project to build a gas pipeline to South Korea. The pipeline will cost an estimated $6 billion.
"It [$100 million] would be a huge sum for a country with annual gross product of $10 billion. Moreover, the country would have to make no big effort to get it," Presidential plenipotentiary envoy to the Russian Far East Victor Ishayev said.
Alexander Medvedev, Gazprom deputy board chairman, said the expected volume of Russian gas exports to South Korea was raised to 12 billion cubic meters from 10 bcm.
Supplies of Russian gas to South Korea are expected to be started in 2017. Gazprom currently supplies up to 1.5 million tons of liquefied natural gas to South Korea annually.
KYIV. Nov 17 (Interfax) - Ukrainian Prime Minister Mykola Azarov said he expected Ukraine would pay for Russian gas delivered in November at a new price.
"Let's say for November, I think, we will pay at a new price and under new terms," he said after a meeting of the economic press club on November 14, according to a video posted on Azarov's Facebook page.
The premier forecast that the gas negotiations between Russia and Ukraine would finish this month.
"I think that in November we will finish the negotiations, which we have been holding for a long time. To all appearances, I can see the finish, because issues not connected with the price and terms are being discussed. We've already gone through that," Azarov said.
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Sberbank of Russia will issue a $260 million loan to Pivdenne design bureau, the bank has reported. The bureau plans to use the funds to finance the Ukrainian-Brazilian project to create the Cyclone-4 space and rocket complex.
According to the company, loan funds were raised at a tender for 7 years at 6% per annum and are secured by the government of Ukraine.
The government of Ukraine in June provided state guarantees for the credit funds of $260 million attracted by Pivdenne design bureau to implement the project on the creation of the Cyclone-4 space and rocket complex at the Alcantara spaceport (Brazil).
Some $83 million of the sum will be used to create the Cyclone-4 carrier rocket and $177 million to ensure Ukraine’s participation in the creation of the complex ground infrastructure.
Alcantara Cyclone Space, a Ukrainian-Brazilian joint venture established in 2006, implements the project.
Azerbaijan, Russia hold consultations on Caspian Sea
17 November 2011, 02:36 (GMT+04:00)
Azerbaijan, Baku, Nov. 17 / Trend /
Azerbaijani Foreign Ministry has hosted bilateral Azerbaijani-Russian consultations on the Caspian Sea-related issues.
The meeting was attended by Azerbaijan's Deputy Foreign Minister Khalaf Khalafov and the Special Representative of Russian President on delimitation and demarcation of state border between Russia and neighboring CIS countries, Alexander Golovin with their delegations, Azerbaijani Foreign Ministry's press-service told Trend Wednesday.
The meeting discussed issues relating to implementation of the decisions of the Baku summit of Caspian littoral states, held on November 18, 2010. The sides also exchanged views on a number of provisions in the draft convention on the legal status of the Caspian Sea.
At the end of the meeting the parties stressed the significance and importance of conducting further bilateral consultations on the Caspian Sea.
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Poland grants parole to Russian jailed for espionage
A Russian citizen convicted of espionage in Poland and jailed for three years has been granted parole, Polish media say, citing sources in the court. In 2009, Polish intelligence services arrested Tadeush Yuhnevich on accusations of spying for Russia. The court hearings were held behind the closed doors and the press began to cover the case only in 2010. Yuhnevich was found guilty and sentenced to three years in prison. In May 2011 the lawyers filed an appeal, but it did not succeed. According to the verdict Yuhnevich was to be released in the beginning of 2012.
The Polish authorities on Thursday released on parole Russian national Tadeusz Juchniewicz, who was sentenced to three years for espionage in 2010, the Polish Press Agency said, quoting court officials.
Russian businessman Juchniewicz was arrested in February 2009 after he had lived in Poland for ten years. He pleaded not guilty to the charges against him. He was tried behind closed doors and was convicted as a Russian military sleeper agent.
Investigators said he had maintained regular contact with the Russian “center” with the help of spying gadgets camouflaged as house utensils since 2003.
The decision to grant him parole was made in a penitentiary court in the town of Wloclawek after he had already served more than two thirds of his prison term.