of gazprom believes however that the disparity between its prices and long term contract prices will soon be minimal. that's leadership in the next two years so we can expect sport prices to go significantly higher gas futures whole winter time to love and when did well when trying to the team if they're not already higher will be around four hundred dollars or a thousand cubic metres and this is equal to the price formula in our long term contract. despite the low european and asian markets the u.s. markets are trading in the black monday though speculation that they will fall throughout trading is high due to continuing concerns over the debt crisis in greece. and various sentiment dominated the russian markets on monday the us yes and the my stakes close more than one percent in the red looking at individual

and it seems the government is aware of the danger of overtaxing gazprom but gazprom deputy chairman says a compromise has been found that's acceptable so both sides. program we. go on the. region we. go. all in the budget for the. program. but you can watch the full version of our interview with gazprom steps the chairman on monday here on odyssey and of course and also be hosted on our web site let's take a look take a look at the markets now and they've gone into a speedy retreat after four u.s. jobs and manufacturing data undermined products for recovery looking at oil first light sweet has lost well over two dollars now with grains following suit but the street is also suffering with the dollar and nasdaq solidly lower after a four day winning streak bank stocks are among the worst performers with morgan chase off nearly three percent here in moscow the markets gave up early gains to close in the red but my sense almost one percent down looking at the individual share moves on the my sex energy majors end of the day among the top losers corporate four and a half percent after a

last question the russian energy companies which are gazprom gazprom the have to grasp from gaza and gas from whatever. russian energy companies they are complaining that they have a lot of barriers in the european union. the barriers there are not letting them access the markets is it true and is the e.u. really to compromise that but what if i don't think that this exact or correct i think that. precisely i know that this third package which is the last legislation that the e.u. has passed on the energy market has elements on eight that are not of the liking of russia and the russian companies but is strong in the heart of the reasons we have for our reasons but i think one one aspect is normally underestimated the third package geese precisely the right to foreign companies including the russian companies to accede to the e.u. market i think this is more than we can save your way around so i think that even if the third package is true that introduces some measures these measures are not meant for russian companies they are meant for all the companies they are also meant for evil

headquarters prime minister vladimir putin i represent gazprom currently trying to hammer out a deal with president hu jintao of china and representatives from the chinese energy provider now it just seems that whether you're buying a used car on the go she ating the finer points of a multi-billion dollar gas agreement both sides are always going to want the best deal for themselves of course russia the best price for the gas they are providing and china are wanting the gas they need so badly through fuel economy economic growth for the price they want to pay so whether a deal is done this evening gazprom headquarters or it's done the economic st petersburg which is coming up shortly it is about to get done now president hu jintao has said. he'll natural gas is an important component of russia china relations so there's no underestimating how important this is to both sides and say the price as always seems to be the final thing that needs to be ironed out as you say you know there are certainly some important issues to iron out for this big deal to go through. we're seeing a very fr

it seems the government is aware of the danger of overtaxing gazprom the gazprom deputy chairman says a compromise compromise has been found that's acceptable to both sides. program. promotion go to. war in the budget for the for. our investment program. you can watch the full version of that interview with gazprom deputy chairman on monday here on r.t. and of course it will also be posted on our website that's a look at the markets now gone into a speedy retreat up the poor u.s. jobs and manufacturing down undermined hopes of a tottering looking at oil first light sweet has lost well over two dollars brant following suit. wall street is also suffering the dow amnestic solid very solidly lower after a four day winning streak backstops are among the worst performers with j.p. morgan chase off the three percent and here in moscow the markets gave up the early going to close in the red with m i six almost zero percent down looking at some individual share moves on the my sex energy majors end of the day on the top losers who call plunge and four and a half percent after a jump five perce

gazprom executives are sure that they can sing and play a greater role in germany. >> thank you very much. a german report from the united nations. it says the number of people displaced by war and natural disasters has reached a 15-year high. there were half of the refugees last year that were children. the report does not include the new refugees fleeing the violence in northern africa this year. >> the tiny italian island has a witness the arrival of thousands of refugees, like these. -- has witnessed the arrival. %it wants more help for displacd people still trapped in their home countries. >> it is a matter of providing places for refugees from most countries most affected. for exame, from tunisia, where there are over 100,000 libyan refugees. >> of the 43.7 million people across the world up rooted in 2010, nearly 27.5 million have been displaced within their own country. only 800,000 have filed an application for asylum. germany has accepted 150 libyan refugees from malta, but the government does not intend to take in any more. >> as far as providing aid for north africa is co

coming up on business an exclusive interview with the deputy chairman of the russia's largest company gazprom about the government's plans to increase taxes on the industry join me for this story and photos in and around twenty minutes time. hello this is r.t. from moscow it's nine pm here now my name is kevin zero in our top story for you tonight seven a polish soldier standing trial for the killing of afghan civilians in two thousand and seven have been acquitted a court in warsaw dismissed the war crimes charges over a lack of evidence the soldiers were accused of opening mortar and gunfire on an afghan village they killed six people our european correspondent dana bushell has the story. on sixteenth of august two thousand and seven polish troops fired twenty six mortar shell and machine gun fire all in afghan village they killed reportedly a man getting ready ready for his wedding as well as the pregnant women and children other troops claim that they were ordered to do so by their commander and the firing on civilians was an accident now the judges ruled that there was not enough evidenc

i was one of the time set down by russia and its partners to bail out cash strapped by the roots gazprom is yet deciding whether the terms of the deal are acceptable. to brown's master will invest eighteen million dollars to build a car assembly plant in russia's far east plan will produce between twenty five and fifty thousand vehicles a year with thirty percent of the product being made here in russia mazda is one of the last of the big foreign manufacturers to be ruled by the special terms russia offers tonight because locally. and that's all the business for this hour we'll be back with more in just under an hour's time stay with us for headlines next.

that as far as i know gazprom is very keen on that. if it wants to lead it to court there is no problem whatsoever. with it up how will it work will there be a tender what. would you gas from along with the e.u. wants to take part in the modernization we would only welcome that says that of the ukrainian prime minister that the spotlight will be back off to take a short break so stay way or it. more than a month. in one of the most extreme environments on the planet this is and charge adults and people have to be aware that they are far away from civilization sean paul is discovers foot makes sense articles so special and interactive for many wildlife in antarctica is the place if you live and from the. expedition to the bottom of the earth artsy. it was created to serve public interests to inform and to entertain. these days there's nothing easier than opening a new media outlet but there is nothing harder then revoking its license in case of corruption. in san antonio and. nothing you can involve in a community where you have one lar

know gazprom is very keen on that. if it wants let it take court there is no problem whatsoever. how will it work will there be a tender what with this get out of the gas from along with the e.u. wants to take board in the modernization it would only welcome that says mikhail a has that of the ukrainian prime minister the spotlight will be bad cough to take a short break so stay way or it. wild teens go mad their people suffer. was how some take advantage of power that was given to them. secret some big dirty money. on our team. more than a month. in one of the most extreme environments on the planet this is and charge it up and people have to be aware that they are far away from civilization sean thomas discovers what makes sense arctic is so special and attractive for many a lot of life in antarctica is the closing and the flood zone. expedition to the bottom of the earth our team. is easy to get. to. see. the bird. the big. welcome back to spotlight i already know of and just to remind you that my guest on the show

specific like you're going to be friends you know doesn't sound like you know what you think about gazprom but rather he is a big company big big tower and do you think they do really agree that there are multiple ways they should because it is a monopoly it was itself a gas monopoly they say they say they are alike and reginald monopoly i mean they should be able to have that do you think that maybe monopolize it and it may be good for russia or for the russian partners abroad this is of course it is a matter of opinion it is that there is not one truth this is a matter of opinion and you can feel it one way or another. on the e.u. side we are not to be favorable to monopolies in general this is not talking about that's probably going to police in general because we believe that competition is a better way and a better instrument to. good vision see to get better prices to get a very quality for the consumers so this is our approach but of course it is one only specific situations a census has to take in some decisions we cannot enter into that. question the

gazprom is just one step away from getting full control over the guest transportation network in bella ruse become free says it'll sell fifty percent of network operator beltran's gas for two and a half billion dollars gazprom already owns the other half the deal would allow it to get direct access to the european market with links to such countries as poland and lithuania the asset sale is one of the term set down by russia and its partners to bail out cash strapped valorous gazprom though is yet to say whether the terms of the deal are acceptable. japan's master will invest eighteen million dollars to build a car assembly plant in russia's far east the club will produce between twenty five and fifty thousand vehicles a year with thirty percent of the parts being made here in russia mansour is one of the last of the big foreign manufacturers to be learned by the special thames russia office to make their cars luckily. and that's all the business for the south will be back in just under an hour's time stay with us for headline next. seventy six hours of intense fighting. six thousand d

are frozen in two thousand and twelve it could lose up to free billion dollars russia's gas giant gazprom has held its annual general meeting the company has announced an increase of its investment program to a record level million acosta as details. it's pretty clear that gas problem is trying to increase its share in the market they're looking for new opportunities in europe especially germany they said that their exports in the first half of this year increased by twenty six percent and that was the to higher demand in europe and the decline in production they're also looking to work with asian partners and in particular they're trying to strike of deals with south korea india and china and this could see them increase their exports by fifty percent and their overseas earnings could reach of record highs twenty terrorise also were quite positive they saw themselves revenues reach one hundred eighteen a billion dollars and of course they're expected their shareholders will be receiving just on the four roubles per share which is the biggest amount of money ever given by the company and

securing a multi-billion dollar energy deal between russia and china i'll bring you more from outside of gazprom a port is. no place for colonel gadhafi in libya's future the russian envoys message just officials in tripoli to broker peace in a rebel and nato assault. also reporting that the lawyers for alleged international vick to push for it had to challenge a new york court on the legality of these extradition to america. our top story in business st petersburg is hosting the international economic forum for the pedophile ross says as it begins to look east as well as west for investors joining me for a full business bulletin here the highlights of day one. international news in coming live from our studios here in central moscow this is. to the world's biggest emerging countries got a bit closer today as russia and china energized their relations to do much more business together negotiating a thirty eight gas deal is another reason why the chinese leader is in moscow peter oliver is outside gazprom headquarters in the russian capital where the talks took place. but this is a potentially mu

now russia's energy deals with foreign companies gazprom nafta and american shell have agreed to join to develop new coil resources and some of the hard to get areas of russia to russia in a broad this is a deal that could help gazprom the at least its presence in europe countries also planning to jointly develop in the arctic but the deal check that there's been a bunch of news of a major deal that could become the agreement of a decade the failed arctic tie up between the ross nafta and b.p. the other countries were planning to jointly develop the arctic but the deal collapsed as b.p. and other in his rather russian partner they are opposed to the agreement despite this b.p. says that it is often a mistake about prospects we were not successful in reaching the set of commercial conditions that were acceptable to all of the companies and i think the concept of a strategic partnership. is good for russia good for. the energy markets. good for all of the companies. that says it is still looking for a partner to help develop the arctic and assume is this as soon as this year possibly an

gazprom is just one step away from getting full control over the gas transportation network and better routes the country says it will sell fifty percent of network operator trans guys for two and a half billion dollars gazprom already owns the other half the deal would allow it to get direct access to the european market with links to such countries as poland and lithuania the asset sale is one of the terms set down by russia and its partners to bail out cash strapped by the roots gazprom is yet to say whether the terms of the deal are acceptable. japan's master will invest eighty million dollars to build a car assembly plant in russia's far east the plan will produce between twenty five and fifty thousand vehicles a year with thirty percent of the parts being made in russia as is one of the last of the big four ninety factories to include by the special terms russia offers to make because locally. and that's all a business for now that you can keep up so it was all about stories online out so you don't come forward slash business stay with us for headlines next. today children play w

gazprom is just one step away from getting full control of the gas transportation network and valerie's. the country says it'll sell fifty percent of the network operator bell france gets the two and a half billion dollars gazprom already owns the up one home the deal will allow it to get direct access to the european market with links to such countries as poland and lithuania he answered so it was one of the term set down by russia and its partners to bail out cash strapped valorous gazprom is yet deciding whether the terms of the deal are acceptable. japan's must or will invest eighteen million dollars to build a car assembly plant in russia's far east the plan will produce between twenty five and fifty thousand vehicles per year with thirty percent of the concert being made here in russia mazda is one of the last of the big foreign manufacturers to be moved by the special terms russia offers to make their cars locally. and that's all the business for this hour we'll be back with more in just under an hour's time stay with us for headlines next. eh. the sucks. to keep the tunisian clu

business bulletin gazprom is just one step away from getting full control of a gas transportation network in baton rouge the country says it will sell fifty percent of network operator belle trans guys for two and a half billion dollars gazprom already owns the other half the deal allow it to get direct access to the european market with links to such countries as poland and lithuania the asset sale is one of the term set down by russia and its partners to bail out cash balance gazprom is yet to say whether the terms of the deal are acceptable. no one is giving details of its investment plans for the next couple of years by autumn it will sign contracts with three billion dollars to develop the west qurna two oil fields in iraq it's one of the largest deposits in the world because also in talks to develop oil in the russian arctic with rosneft it says it is willing to take pot but wants to own the resources and not just be an investor. the european cucumbers will soon be back in russian supermarkets the government is a lifting its ban on vegetable imports from the e.u. imposed following t

index energy majors are suffering losses drank down by the oil price gazprom is in the red despite its announcement of a twenty six percent in. greece in its forecast for this year's european exports bank is also down point seven percent more like company in just a moment. the first russian insurance i.p.o. may happen as soon as this year the country's largest insurer ross got struck has taken a six hundred forty million dollars million dollar loan to prepare for the listing analysts say the company could be worth more than two billion dollars. retail lending in russia is to receive a facelift with a strong with the addition of a strong new play on the country's largest lender spur bank is teaming up with b. and p. paribus russian subsidiary the joint venture will install mon offices in many retail stores across russia but in about three years the company is expected to dominate with around a thirty percent market share analysts suggest that the company's key competitive advantage will be rooted in its lower interest rates spur bank is set to own seventy percent of the new firm with b.

gas deal is another reason why the chinese leader is in moscow all these peter oliver is outside gazprom headquarters in the russian capital where the talks took place. this is a potentially must if agreement which would see russia provide gas to china for thirty years prime minister vladimir putin and representatives from gazprom welcomed president hu jintao and a delegation from the chinese state energy provider his headquarters to try and iron out what's essentially the final wrinkle in the deal now that final wrinkle is the price just how much russia will charge china for providing them with tons of of natural gas over the period now russia saying that they want three hundred sixty dollars thousand cubic meters now that's the market rate such the rate that russia charges europe for their gas china are saying they're looking for a discount they want to they don't want to pay that much for this gas by no stretch of imagination is this deal going to be dead in the water over price is just too important to both sides this is a mutually beneficial deal russia wants to sell china the gas o

of gazprom believes however that the disparity between prices and long term contract prices will soon be minimal. in the next two years so we can expect prices to go significantly higher because futures where we do twenty love and twenty twelve and twenty thirteen if they're not already higher will be around four hundred dollars per thousand cubic meters this is equal to the price for you know long term contracts. despite the lower european and asian markets the u.s. markets are trading in the black monday though speculation that they will fall throughout trading is high due to continuing concerns over the debt crisis in greece. very sentiment dominated the russian markets on monday the r.t.s. and the my six close more than one percent in the red looking at individual share moves on the my six ross telecom lost almost eight percent after a rally early this morning when shares rose thirteen percent analysts attributed the rise to the inclusion of ross telecom shares in the r.t.s. index and on expectations that the stop will soon be included in the m.s.c.i. index energy may just suffere

russia's gazprom says it's boosting its investment program and raising dividends to record levels find out more block him out of the a.g.m. of the company in our business. just after ten pm in the russian capital you're watching r t thanks for joining us and now to our top story. greece has voted on a second bill and the final step towards implementing the next wave of hysteria measures it's the last hurdle that athens has to jump to qualify for a new stock of european bailout funds all the plans met with resistance with more than a three hundred people injured in two days of riots financial journalists and media is in the heart of athens where frustrated crowds continue to grow. they already started to gather around the parliament right now they're quickly starting to amass a number on the street in front of constitution square and on this on the streets perpendicular as the sun begins to set and the heat dissipates it becomes a lot easier for people to gather here and that's what we've seen in the past in this we're seen going tonight there are some economists in greece and other peo

of gazprom believes how about the disparity between spot prices and long term contracts prices will soon be minimal. but in the next two years we can expect prices to gain significantly higher futures and we've had time to love and when did well when trying to thirteen already will be wrong or hundred dollars thousand cubic meters is equal to the bronze from you know long term contracts. now let's have a look at how the markets are performing oil was sharply down early on monday but has since made a comeback brant is trading at one hundred eleven dollars a pop while light sweet is down around ninety two dollars despite the lower european and asian markets the u.s. has opened slightly in the black monday those are speculation that they will fall throughout trading as high continuing concerns over the debt crisis in greece and bearish sentiment dominated the russian markets monday yes and the mice exposed more than one percent in the red the last heading the market's toward the longest losing streak since two thousand and eight looking at some individual share moves on the my say it's now

gazprom is just one step away from getting full control over the gas transportation network and ballot. the country says it will sell fifty percent of network operator trans gets for two and a half billion dollars gazprom already owns the other half the deal will allow it to get direct access to the european market with links to such countries as. poland and lithuania the asset sale is one of the term set down by russia and its partners to bail out cash strapped belarus gazprom is yet to say whether the terms of the deal are acceptable. japan's mazda will invest eighty million dollars to build a car assembly plant in russia's far east the plant will produce between twenty five and fifty thousand vehicles per year with thirty percent of the parts being made here in russia mazur is one of the last of the big foreign manufacturers to be lured by the special terms russian offers to make their cars locally. the warning lights on europe's debt crisis are flashing red that's the verdict of the president of the european central bank lord tree say his analysis might be a little behind the curve

russia's largest company gas giant gazprom has announces boosting dividends on his investment program to record levels from the company's a.g.m. and all business proceedings wednesday. just after nine pm here in the russian capital you're watching r.t. thanks for joining us now to our top story greece has voted on a second a bill in the final step towards implementing the next wave of a sturdy measures was the last hurdle that athens hostage jumped to qualify for a new stock of european bailout funds but plans met with resistance more than three hundred people injured in two days of riots national journalist dimitri coffee mass is in the heart about this are frustrated crowds continue to grow. they already started to gather around the parliament right now they're quickly starting to amass a number on the street in front of constitution square and on the on the streets perpendicular as the sun begins to set and this abates it becomes a lot easier for people to gather here and that's what we've seen in the past as we're seeing in tonight there are some economists in greece and other peo

own a very warm welcome to the business bulletin gazprom c.e.o. alexei miller says the company would consider buying into a german energy giant eon now exact size of the stake has been mentioned gazprom sees it as a potential strategic investment and believe this could help relations with the e.u.'s negotiations on the price. it's not only a question european custom a social question to grasp from because i was to europe is not going to there's snow stranded there and i'm suffering and they're just going to turn to other sources and. speed up. probably the american. energy terminals experts on the ocean and stuff like that so st of shale gas potential so gas from probably all that we also be interested in not pushing the e.u. too much. maybe one gesture to make sure we indeed to buy into these. presumably suffering companies can suffer from this inexpensive gas and showing gas from a source actually willing to compromise. fries take a look at the stock markets now and in the us they are trading well margin in the low uk and that's off the five str

thanks but we're actually going to stay on that topic gazprom c.e.o. alexei miller says the company would consider buying into a german energy giant eon no exact size of the stake has been mentioned the gas problem sees it as a potential strategic investments however analysts say any accusation like this would only cause gazprom problems. see a potential conflict of interest in all this because it's there sir much and gas from his interest to. keep the. gas margin high enough from bush to squeeze the electricity monitoring out for us not business put a foot rise until recently central integrated companies from it will be also exposed to the tristram auction which is it's now trying to squeeze a profit. and at this point i don't quite see why it's so important unless of course gas from is preparing itself for a major revision of its. long term contracts with its key customers that will be on also by us probably even in our in there to. save it at the even a stock markets now in the us markets are trading with a minor decline that self to five straight w

with another summary for in about fifteen minutes from now the meantime russian gas giant gazprom is looking to cash in on the trend to wind down nuclear energy in the wake of the fukushima disaster in japan the company is now seeking a larger share of the german energy market after a girl invalid to shut down all of its nuclear power plants will not see caught up with a top gazprom official to get his vision of the future of gas that is next on r.t. . they were joined by mr i'm excited there he is the deputy chairman of the management committee of russian oil company gas promise well as the director general of the company's export arm i thank you very much sir for joining us today thirty three now the german germany's decision to abandon nuclear power altogether and switch to natural gas this is quite a big decision to say the least now is gas from looking to fill fill the gap in that market and how significant all about participation be really appreciate the usage of the german government because it opens for us additional. european market. of transportation system which were devel

is moving into positive territory now let's have a look at some of the individual share moves gazprom as low as investors are concerned about potential losses the company could suffer from an increase in tax burden banks so mostly in the red spur bank is flat to negative despite reports it's more than doubled net profit in the first five months of the year investors are concerned the growth of profits is slowing down and the electricity sector into round is on the rise on reports about the company's possible cooperation with chinese firms she knew of. russia is becoming more attractive to foreign companies with many expanding operations in the country. eton is one of those companies it's hoping to tap into the market through its know how in power management and electrical systems the company is aiming to reach two hundred fifty million in revenues by two thousand and fifteen but the expansion is not without challenges as the c.e.o. explains. it one of the large challenges right now obviously is the many people understand this is an expanding tract of marketplace so attracting highly q

this doesn't sound like you but what do you think about gazprom while it is a big company. big tower and do you think do you really agree that there are the polarization because it is a monopoly it calls itself a gas monopoly but they say they say they are alike and reginald monopoly i mean they should be available or do you think that maybe monopolize it and it may be good for russia or for russian partners abroad this is of course it is a matter of opinion so on it is that there is not one truth this is a matter of opinion and you can feel it one way or another. on the e.u. side we are not favorable to monopolies in general is not talking about that's probably talking about monopolies in general because we believe that competition is a better way and a better instrument to get to get better prices to get quality for the consumers so this is our approach but of course is one on is own a specific situation and circumstances has to take its own decisions we cannot enter into that. last question the russian energy companies which are gas problem gas from near to gasp from gaz

graco were not allowed in about fifteen minutes in the meantime russian gas giant gazprom is looking to cash in on the trend to wind down nuclear energy in the wake of the fukushima disaster in japan the company's now seeking a larger share of the german energy market after berlin vowed to shut down all of its nuclear power plants when r.t. is caught up with a top official to get his vision of the future of gas. today we're joined by mr alexander medvedev now he is the deputy chairman of the management committee of russian oil company gas promise of all as the director general of the company's export arm i thank you very much sir for joining us today administrator now the german germany's decision to about the nuclear power altogether and switch to natural gas this is quite a big decision of to say the least now is gas prom looking to fulfill a gap in that market and how significant will that participation be really. of the german government because. of the. produce from the european market. of. which were developing new projects. nor. did you were against. germany. but also the mark

the chinese leaders visit gazprom officials will be present and of course those discussions will be taking place we also know that china of course is a very lucrative market for russia not only for its natural resources but for various other things and right now the trade turnover the bilateral trade turnover with china is one of the biggest that russia currently has so a very strong partnership that has the potential to go even stronger and that is definitely something that both sides intel and to me the media different will be looking to achieve during this meeting most people do seem to think that the questions of both syria and libya will definitely be raised during. chinese leaders time here in moscow we know that in the. countries where the two leaders. decide that green meant of some sort was reached and both sides do seem to share the position that a military presence or a military intervention is definitely not the correct solution and will not bring peace to libya and that diplomatic ways to resolve the conflict should be sought after and now before i should be preferred over any

index energy majors suffered losses dragged down by the oil price gazprom ended in the red despite its announcement of a twenty. six percent increase in its forecast for this year's european exports banking stocks were also under pressure back last point six percent during the day getting cut your ass off at capital wraps up monday's trade. off the markets have close or rather lost really. we haven't seen a strong positive more swell of course the markets do try to find some ground but still that are said to much optimism what i think is connected to the uncertainty with greece on friday we had moderately positive news with. german and french officials the big term the common position regarding greece. nor single nor strong decision has been made so that section of the man problem for the markets which interferes with the. market should bond. and that's all the business for this hour will be back with more in just under an hour's time stay with us for headlines with tessa next. the official. from the. video. on. the palm of your. mission. in the czech republic is available in. central.