Suppliers of pipes for Nord Stream will be selected from six applicants Suppliers of pipes for the first line of the underwater part of the Nord Stream gas pipeline construction project will be determined by the end of March. At the same time, the project operator, the Swiss company Nord Stream, intends to distribute the order among at least three companies that will be selected during the tender.

The Ministry of Justice yesterday registered the order of Russian Transport Minister Igor Levitin dated November 8, 2006, authorizing the use of electronic tickets (e-tickets) in air transport. The contents of the order are slightly absurd. In accordance with it, an electronic (that is, paperless in nature) ticket can serve as evidence of financial transactions only if it is accompanied by a paper document: a ticket on a strict reporting form or a cash register receipt.

The most important task of the George W. Bush administration is to reduce US dependence on energy imports, primarily from countries with unstable political regimes. “Our nation has been dependent on foreign oil for too long, and that dependence leaves us more vulnerable to hostile regimes and terrorists who could cause huge disruptions in oil supplies, raise oil prices and cause great damage to our economy,” he said in a statement. address by the head of the White House.

The Bank of Russia will conduct a money issue to buy Sberbank shares The Bank of Russia intends to conduct a money issue in order to buy back Sberbank shares as part of their upcoming placement. First Deputy Chairman of the Central Bank Alexey Ulyukaev spoke about this yesterday. “Sberbank shares will be purchased not at the expense of the Central Bank’s profits, but through the issue of money,” he said.

They will try to switch gas trading to a new mode The Ministry of Industry and Energy yesterday summed up the first results of the “5+5” government experiment on gas trading on the Mezhregiongaz electronic platform. Since November 2006, gas trading between Gazprom and independent producers has been held three times at free prices. During this time, about 1 billion cubic meters of gas were sold.

Brussels calls for energy revolution European Commissioner for Energy Andris Piebalgs yesterday, from the rostrum of the annual energy conference held in Berlin under the auspices of the Handelsblatt newspaper, convinced its participants of the advantages of a future common European energy policy. He called for viewing the energy and environmental challenges common to Germany and the 26 other EU states from a European rather than a “purely national” perspective. Mr.

Finam Management brings an unusual tool to the market The management company "Finam Management" will provide its clients with the opportunity to independently manage their own collective investments. Shareholders of the new fund will be able to determine the structure of its assets and market strategy via the Internet. Market participants considered this method rather dubious, since the concept of forming a mutual fund is based on trust management and the professionalism of portfolio managers.