http://www.fin-rus.com/newtopics/news/default.asp Financial-Analyst Russian Brokerage Company: Russian Stock Market, Investment in Russia, Russian Stocks en-us http://www.fin-rus.com/newtopics/news04961/default.asp Russian financial markets will be closed from January 1 to January 10, because of 2009 New Year holidays. January 11, Sunday, will be the first business day in Russia in 2009. 2008-12-31 11:51:00 http://www.fin-rus.com/newtopics/news04960/default.asp Dec 31. In global petroleum market news, oil prices pulled back Tuesday as consumer confidence in the US hit an all-time low in December and home prices dropped sharply, with few signs that the real estate market has hit bottom. Light, sweet crude for February delivery fell 99 cents to USD... 2008-12-31 09:06:00 http://www.fin-rus.com/newtopics/news04958/default.asp Dec 30. Gas prices for Ukraine could equal USD 418 per 1,000 cu m as of January 1, 2009. As the gas holding's press service reported, a statement to this effect was made by Gazprom CEO Alexey Miller at the negotiations with a delegation from Naftogaz of Ukraine Monday. "If we switch to... 2008-12-30 10:09:00 http://www.fin-rus.com/newtopics/news04959/default.asp Dec 30. Moscow United Power Grid Company (MUPGC) could receive RUB 10 bn in 2009 as state support as a contribution to its capital, MRSK Holding deputy general director Alexander Chistyakov said. "We requested and the government supports in principle the allocation of some RUB 10 bn to ramp... 2008-12-30 10:08:00 http://www.fin-rus.com/newtopics/news0495A/default.asp Dec 30. Vnesheconombank (VEB) has issued to borrowers loans worth USD 9.1 bn to refinance external debts, according to the list of anti-crisis measures posted on the Russian government's website. VEB has approved loans for a total of USD 13.3 bn. In order to provide assistance to Russian... 2008-12-30 10:07:00 http://www.fin-rus.com/newtopics/news0495B/default.asp Dec 30. MRSK Holding is to repay RUB 116 bn loans in 2009, the company's first deputy CEO Alexander Chistyakov said. "We have some RUB 116 bn due from MRSK Holding in 2009 and the lion's share falls to Moscow, St. Petersburg, and many other cities. We either have to restructure the amount... 2008-12-30 10:06:00 http://www.fin-rus.com/newtopics/news0495C/default.asp Dec 30. Distribution grid companies intend to sign direct contracts on electricity transmission with consumers and are conducting a respective campaign, said first deputy CEO of MRSK Holding Alexander Chistyakov. The agreements of energy retail companies with consumers currently consist of... 2008-12-30 10:05:00 http://www.fin-rus.com/newtopics/news0495D/default.asp Dec 30. Lenenergo could switch to the new tariff regulation model (RAB) effective February, said first deputy CEO of MRSK Holding Alexander Chistyakov. "We intended to switch the Leningrad region effective January 1. Unfortunately, we saw feet-dragging on the preparation of documents but... 2008-12-30 10:04:00 http://www.fin-rus.com/newtopics/news0495E/default.asp Dec 30. The investment program of Federal Grid Company for 2009-2011 should amount to some RUB 600 bn, said first deputy CEO of MRSK Holding Alexander Chistyakov. The company needs government support, estimated at RUB 50 bn for three years. FGC would like to attract these funds as... 2008-12-30 10:03:00 http://www.fin-rus.com/newtopics/news0495F/default.asp Dec 30. Polyus Gold has revised the terms of a potential acquisition of a controlling interest in KazakhGold and now offers 0.423 of its own shares per 1 share in the Kazakh company, according to KazakhGold's press release. This offer valued KazakhGold at USD 11.59 per share (based on Polyus... 2008-12-30 10:02:00 http://www.fin-rus.com/newtopics/news04956/default.asp Dec 30. In global petroleum market news, oil prices rose above USD 40 on Monday as military activity escalated between Israel and Palestine. Light, sweet crude for February delivery rose USD 2.31 cents to settle at USD 40.02 a barrel on NYMEX, the first time crude has ended the day above... 2008-12-30 09:01:00 http://www.fin-rus.com/newtopics/news04950/default.asp Dec 29. Gazprom CEO Alexey Miller confirmed that the gas giant intends to do its best to prevent disruptions in gas deliveries to Europe because of unsettled problems with Ukraine's debts. Gazprom has always been and will be a reliable gas supplier for all its consumers" - Miller said in his... 2008-12-29 10:17:00 http://www.fin-rus.com/newtopics/news04951/default.asp Dec 29. The supervisory board at non-commercial partnership Market Council failed to approve TGK-1's application seeking funds for new generating facilities, the partnership's representative said. The Market Council's spokesman declined to disclose the price indicated in the genco's... 2008-12-29 10:16:00 http://www.fin-rus.com/newtopics/news04952/default.asp Dec 29. Gas prices for Belarus in early 2009 will be higher than in 2008, but lower than envisaged by the price formula set forth in the agreement, Gazprom's official representative Sergey Kupriyanov said. "The price for Belarus will be slightly lower than that under the initial agreement"... 2008-12-29 10:15:00 http://www.fin-rus.com/newtopics/news04953/default.asp Dec 29. Vice PM and Finance Minister Alexei Kudrin expects the budget deficit to reach RUB 1.5-2.5 tn in 2009. According to Kudrin's forecast, the budget will be short of revenue precisely for this amount and it "should be compensated from the Reserve Fund". In addition, he specified that... 2008-12-29 10:14:00