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Russia Says No Plans To Attack Tbilisi - Interfax

Δευ, 11 Αυγούστου 2008 - 22:37

MOSCOW (AFP)--Russia's defense ministry on Monday said Russia had no plans for its forces to advance on Georgia's capital, Tbilisi, Interfax news agency reported.

MARKET TALK: Russia-Georgia Fight's Oil Mkt Impact Minimal

Δευ, 11 Αυγούστου 2008 - 22:27

Oil Prices Fall Despite Russian-Georgia Showdown

Georgia's Batumi Oil Terminal Still Operating - Source

Δευ, 11 Αυγούστου 2008 - 22:22

MOSCOW (Dow Jones)--Georgia's largest oil port, Batumi, on the Black Sea coast is continuing to operate, despite the armed conflict between Georgia and Russia, a person familiar with the matter said Monday.

Russia-Georgia War Shows Risks Of Caucasus Oil Route

Δευ, 11 Αυγούστου 2008 - 22:21

While the impact on supply is unclear so far, the conflict between Georgia and Russia highlights the risks of the Caucasus route as a conduit for oil and gas to the West, analysts say. Since Friday, Russian troops have entered Georgia's breakaway Republic of South Ossetia and Georgia itself, occupying the city of Gori, about 47 miles from the Georgian capital, Tbilisi.

FOCUS: Turkish Energy Role Questioned Amid Instability

Δευ, 11 Αυγούστου 2008 - 22:16

A huge natural gas pipeline to Europe and new gasoline refineries are some of the plans in the works that could burnish Turkey's credentials as an energy "bridge" to Europe and the world, but last week's fire at a key pipeline has raised questions for both investors and global energy markets over Turkey's reliability as an energy provider.

Russia Says Operation Underway In West Georgia - Reports

Δευ, 11 Αυγούστου 2008 - 22:02

MOSCOW (AFP)--Russian forces carried out military operations Monday around the west Georgian city of Senaki to prevent Georgian troops from regrouping there, news agencies reported, quoting the Russian Defense Ministry.

Georgia Reduces Russian Gas Shipments To Armenia - Co

Δευ, 11 Αυγούστου 2008 - 21:55

YEREVAN, Armenia (AFP)--Georgia has abruptly reduced the volume of Russian natural gas shipped to neighboring Armenia via Georgian territory, a spokesman for the Armenian state gas monopoly told AFP on Monday

BP Says Fire On Baku-Ceyhan Oil Pipeline In Turkey Is Now Out

Δευ, 11 Αυγούστου 2008 - 21:51

LONDON (Dow Jones)--BP PLC (BP) said Monday a fire on the Turkish section of the Baku-Tbilisi-Ceyhan oil pipeline has now been put out and that the alternative routes it uses to replace BTC continue to operate despite the conflict in Georgia.

Rome Warns Against "Anti-Russian" Coalition In EU

Δευ, 11 Αυγούστου 2008 - 21:47

ROME (AFP)--Italian Foreign Minister Franco Frattini Monday warned against the formation of an "anti-Russian" coalition within the European Union over the conflict in South Ossetia.

Kazakh PM Halts Oil Exports Via Georgia - Govt

Δευ, 11 Αυγούστου 2008 - 21:42

ALMATY, Kazakhstan (Dow Jones)--Kazakh Prime Minister Karim Masimov Monday ordered Kazakh oil exports through Batumi, a Georgian Black Sea port, to be stopped and said the oil should be redirected to the local market because of the conflict between Russia and Georgia, according to the government.

Gov’t shortly to unveil new regulations on fuel trading

Δευ, 11 Αυγούστου 2008 - 16:28

The Competition Commission is shortly expected to issue two key documents on fuel trading. The first will be a ruling on what it has described as a “harmonized” discounting policy among the top two distributors, Shell and BP, for unleaded gasoline, while the second will contain recommendations for bolstering competition at all stages of fuel trading.

Power unit at Aliveri illustrates PPC delays

Δευ, 11 Αυγούστου 2008 - 16:11

The program for replacing the old electricity-producing plants of the Public Power Corporation (PPC) seems to be hanging by a thread. This is confirmed by the decision by the corporation’s administration last week to demote its general production director, Avraam Mizan, as well as the data it presented to the governing board to back its decision.