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DateLine Wednesday, 1 October 2008

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Russia’s Prime Minister Vladimir Putin (L) greets South Korean President Lee Myung-bak in Moscow. South Korea agreed on Monday a $90 billion deal to import Siberian gas that should allow Russia to diversify away from Europe while bringing North Korea closer to its neighbour via pipeline diplomacy. Reuters


Russia, South Korea sign major oil and gas deals

Russia and South Korea signed major agreements Monday on deliveries of natural gas and on joint exploration of the huge west Kamachatka oil field.

 

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Bangladesh Gov’t increases power price by 16 pct at bulk level

The Bangladesh government Monday increased electricity tariffs at bulk level by 16 percent on average for distributing agencies, private news agency UNB reported.

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