RUSSIA & TURKEY STREAM: CAN AGREE
Russia may sign an intergovernmental agreement on the Turkish Stream gas pipeline in the 2nd quarter of 2015, Energy Minister Alexander Novak said on Friday in an interview with the Rossiya'24 news channel.
He said the major Russian producer and exporter of natural gas, OAO Gazprom, had coordinated the route of the new pipeline with the Turkish side.
The Turkish Stream is a new pipeline project that was emerged on the table of negotiations after Russia had cancelled the South Stream project last year. The latter presupposed construction of a pipeline across the floor of the Black Sea to the Balkans and farther on to southern and central Europe.
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WNN - Rusatom International Network - a subsidiary of Russian state nuclear corporation Rosatom - has signed a memorandum of understanding and cooperation with the Eurasian Development Bank (EDB). The memorandum provides for establishing common principles of bilateral cooperation with Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and other countries.
BLOOMBERG - The Norwegian government in June made its first deposit into its wealth fund since the end of 2015. Now that the economy is in full recovery and the labor market is tightening, winding down fiscal stimulus is a key priority in next year’s budget, the prime minister said in an interview in Arendal, on Norway’s southern coast.
PLATTS - A deal between Chinese companies and Alaska's state gas corporation to build the $43 billion Alaska LNG Project appears to be on scheduled despite the trade war brewing between the US and China.
REUTERS - Benchmark Brent crude oil LCOc1 was up 10 cents at $72.91 a barrel by 0930 GMT. U.S. light crude CLc1 was unchanged at $67.63 a barrel.