Latest Ministry of Energy Stories

2008-10-07 09:00:48

Text of report citing "Reporters' Club" headlined "Energy minister: 10 power plants to be privatized by year end" published by Iranian newspaper Resalat on 27 September Minister of Energy Parviz Fattah said: "The ministry plans to privatize 10 power plants by the end of the year [20 March 2009], either through auction or the stock market. According to Reporters' Club, Fattah said in Garmsar on Thursday that the Ministry of Energy is making good progress in implementing Article 44 of the...

2008-09-27 15:00:36

Russia and Venezuela say they intend to set up an oil and gas consortium between Gazprom and Petroleos de Venezuela. The proposed consortium would operate not only in Venezuela, but also in other Latin American nations such as Cuba and Bolivia, Russian Energy Minister Sergei Shmatko told ITAR-TASS Saturday. The announcement came as Venezuelan President Hugo Chavez visited Orenburg, Russia, this week to observe military exercises with Russian President Dmitry Medvedev. "This type of...

2008-09-22 21:00:27

MOSCOW. Sept 22 (Interfax) - A decision on building a Chinese extension of the East Siberia - Pacific Ocean (ESPO) oil pipeline may be made soon at negotiations with China, Russian Energy Minister Sergei Shmatko told the media after the Monday meeting of the federal government presidium. "No decision to build an extension to China has yet been made. However, that may be done in the near future," he said. Shmatko said that Russia and China have formed an energy group. Deputy Prime Minister...

2008-08-29 21:00:25

DUSHANBE. Aug 29 (Interfax) - Russia was and remains a reliable supplier of energy to Europe, regardless of the political relations between various nations, Russian Energy Minister Sergei Shmatko said on Friday. "I think we have worked for many years to create not even an image, but a status of a reliable supplier of energy to Europe, and under no circumstances, not even political ones, should we let this status suffer," Shmatko told journalists in Dushanbe on Friday after a press conference...

2008-07-04 21:00:19

ASHGABAT. July 4 (Interfax) - The new head of Russian hydrogenerating company OJSC GidroOGK or RusHydro will be appointed in the next two weeks, Russian Energy Minister Sergei Shmatko told Interfax. "Given the importance of this company to the power sector, we're currently looking at candidates for this post, and I think the issue will be resolved in the next two weeks," Shmatko said. "Corporate procedures, as per the company's charter, will take another 70 days, by the look of it," he...

2008-07-04 21:00:19

ASHGABAT. July 4 (Interfax) - Russia is drafting incentives for small and medium oil companies, including the opportunity to refine oil. "We're working on giving small and medium oil companies as much incentive as possible and we think they should have the opportunity to get into refining," Russian Energy Minister Sergei Shmatko told reporters in Ashgabat. The big oil companies own most of Russia's refining capacity, Shmatko said. He said the incentives "could include quotas, but there's...

2008-07-04 21:00:19

ASHGABAT. July 4 (Interfax) - Russia plans to take action in regard to rising domestic gasoline prices, Energy Minister Sergei Shmatko told Interfax. "The possible cancellation of import duties on high-octane gasoline has been discussed," he said. (c) 2008 Daily News Bulletin; Moscow - English. Provided by ProQuest Information and Learning. All rights Reserved.

Word of the Day
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.