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Latest developments from the EU.

The European Union (EU) is refusing to give up on Russia and its neighbours as stable energy partners for the future, despite the largely inconclusive summit between member states and Moscow last month (October) in Mafra, Portugal, writes Keith Nuthall. It failed to make progress on the demands from the European Commission (EC) for reciprocal liberalisation in Russian energy markets, should the EU allow Russian companies — notably Gazprom — a free hand in member states' gas sectors. However, the two sides agreed a new 'early-warning mechanism' funnelling improved information between Brussels and Moscow on looming potential energy supply and demand problems.

 

31  December  2007      Êîììåíòàðèè: 1

China Removes Export Rebate on Grains, Soy Beans and Flour Products 2007

In an effort to slow down rising retail food prices, the Chinese government announced the removal of the export rebate on grains, soy beans and flour products. This measure will discourage exports in order to stabilize domestic grain supplies and will ideally help curb further price hikes in retail food prices. The removal list, effective from December 20, 2007, covers 84 products with HS codes in the 100110 to 120810 range.

 

25  December  2007      Êîììåíòàðèè: 1

Russia's First Biobutanol Plant to Start Work by September 2008 on the Base of Tulun Hydrolytic Plant

Russia's first production of biobutanol (second generation biofuel) is to be launched by September 2008 on the base of Tulun Hydrolytic Plant, as stipulated by the MOU between the Irkutsk region's administration and the non-profit organization 'Fuel and Energy Union'.

 

25  December  2007      Êîììåíòàðèè: 1

Russian Pava to Build $292 Mln Bioethanol Plant in Altay

Russian company Pava will build a plant for the production of bioethanol from wheat worth between 150 mln euro ($219.3 mln) and 200 mln euro ($292.4 mln) in Altay region, southern Siberia, the company's vice president, Sergey Stolbov, said.

 

25  December  2007

PricewaterhouseCoopers Opens Office in Kazan

PricewaterhouseCoopers (PwC) officially opened its office in Kazan, capital of Tatarstan. PricewaterhouseCoopers is the first of the Big Four international accounting firms to open an office in the republic, reported the press-centre of PricewaterhouseCoopers.

 

21  December  2007

Wheat Prices Surge to Record High

Wheat prices surged above $10 a bushel for the first time ever Monday amid concerns that strong demand globally could result in a grain shortage in the United States next year—worsening food price inflation.Other commodities markets mostly declined, with energy, other agricultural futures and metals moving lower.

 

17  December  2007      Êîììåíòàðèè: 1

Ukrainian Bio Fuel Producers Are Promised Considerable Benefits

Deputies of the Yulia Timoshenko Block faction (ruling «orange» coalition) have submitted a bill to Ukrainian parliament, offering tax benefits to the producers of biological types of fuel.

 

8  December  2007

Minselkhoz of Rostov region launches biofuel program

The Scientific-Technical Council of Rostov region Ministry of Agriculture approved the regional biofuel production program.

 

7  December  2007      Êîììåíòàðèè: 1

PAVA Grain Company Will Spend Millions on Bio Fuel

Russia's PAVA agri-industrial company will begin producing bio ethanol in 2011 at an annual rate of 200,000 tonnes.

 

7  December  2007      Êîììåíòàðèè: 1

Omsk region to construct factory on bioethanol production

Alexey Gordeyev has informed the President of Russia Vladimir Putin on building of a factory on bioethanol production in Omsk region.

 

6  December  2007

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