diversifying your business not only you people from gazprom in general but as far as i remember gazprom has been ignoring talk about shale gas you've been in the studio more than once and you called it a bubble i mean and your boss mr miller compared to for example i think you shale gas you still have the same point of view and share gas or is it changing you know but we should. look at this this topic in a very comprehensive way because it's a lot of still a lot of myths in this topic it's not occasionally that mr president the facts on toll that it will continue the legs are. not weeds able staves are trousers and my gears atrocitus are next on the expensive so it means that the current situation and the price of gas in the american market is very low to put dollars of millions of b.t.u. and it's not supported. production in the. wrong or won't ground actually supported ways erlich hydrocarbon say whaleboat currently in the majority of the shell gas reserves but. still the structure of pure gas reserves will not allow to deal with prices that's why many companies are selling as a set

russia's gazprom has recently secured a landmark deal with. the last one needed to start building the south stream part it's saying to the russian gas directly to european consumers just like it's no more than two in the north. the deal was signed amid accusations from the european union on fair pricing and the other hand the middle. so how is the company going to face all those who discuss it with one of the cop creations main decision makers head of gazprom alexander that. gazprom has recently put a final signature to the agreement to start construction of the south stream project the pipeline will transport russian natural gas to europe bypassing ukraine doing so the company wants to transit with ukraine which happens almost every winter now after five years of negotiations gazprom is in a hurry just ask construction worker.

team may actually start taking part in a whole new tournament between all the post republics now gazprom is already given birth to an enormous project in another sport hasn't it tell us about well definitely gazprom is known to be a quite a supporter of a sports specific we were talking about the continental hockey league which was basically founded by the company and it's now the second largest in the world after any. and one of the senior officials of gas from is the head of shell so the company definitely has the resources to found another serious and large competition but in football which could include you know the whole sort of publics or whatever but will really have to see how it works out and if it really will be as interesting to watch as say the world cup your thanks very much indeed for that live there in moscow this is r.t. with you twenty four hours a day i'll be back with more news for in about half an hour meantime it's all these latest technology update that's coming your way after this short break. in this remote siberians in which people still sing the sounds which rus

is negotiating with gazprom to supply russia's gaz to grid by twenty sixteen that's according to the british press british prime minister david cameron reportedly discussed the idea with president flood doomer putin when they met during the london olympics under the plan b pm gazprom would jointly build a pipeline from russia to the u.k. to discuss this and more details let's cross over to the business desk point katie pilbeam is on top of the story so t.v. camera. are seeming to be playing their own game of ping pong aren't they exactly we know that who said he went over to london for the olympics and apparently it's then is where these talks took place between cameron and putin to do with the north train going to britain we know that gas from fifty one percent of that house was a choice because that is all a legit at the moment who got inside information on the head of b.p. russia david p.t. has apparently said that the talks already in early stages to do is going to be done and dusted by the middle of next year and hussein has also expressed a desire for gas from to have twenty pe

and the boss of russian energy giant gazprom says the company would support the creation of a brand new football league such an arrangement would see former soviet republics compete alongside russian clubs this comes hot on the heels of the russian football association punishing a team owned by gas prom for fan violence or cheesy good piece going off takes a look at whether the grandiose plans are likely to become reality. xevious currently the champion of the russian recently found itself in the center of a scandal when during a match with the team one of the needs found through a flare right on the field seriously injuring the. bring his eyes for the match was stopped and his unit was punished with a technical defeat later with heard from the team's management who protested the penalties saying that me stop taking part in a russian football championship all together analysing it is sponsored by gas problem and the energy giants c.e.o. aleksey miller has met with the team's management and he's now saying that if you need me start taking part in a whole new other tournament between stat

is negotiating with gazprom to supply of russia's dals to britain by two thousand and sixteen that's according to the british press british prime minister david cameron reportedly discussed the idea with president vladimir putin when they met during the london olympics this summer under the plan b p m gal's problem would jointly build a pipeline from russia to the u.k. to discuss this and details let's cross over to the business desk where to be a as on top of the story so can you while watching the olympics it seems like our as it turns out we're playing their own the role of gas they. think they will have in their own games their own gas gains getting on a bit of business and pleasure are happening as you say really david cameron saying my thumbs are rob i will stream to come to britain i want to do business and it will be gas from the un's fifty one percent of the knowledge stream involved with the pain of david p.t. who is the head of b.p. russia has said allegedly that the talks are in full swing they are early stages but that they do could be done and dusted by the middle of ne

says that if somebody started working on the idea then gas plant would definitely support it now gazprom is known to be quite a supporter of sports its deputy c.e.o. alexander may be the is the chief ideologist of the kontinental hockey league which is currently the second largest in the wall you know it's probably the strongest hockey teams in the whole course area so the energy giant definitely has the financial resources to help create a new football tournament as well say between the former soviet republics but again this is all now being talked about not actually being worked on and it's also a question how successful such a project would be how interesting it would be to watch and how competitive would be compared to other football leagues in the world. and you're watching r t coming up after a short break we have a technology update stay with us. i . lewis that takes your breath away a few tourists travel to these parts no prepackaged confort but they joy is the wildest guarantee. if gagne's a zoology professor he works in the u.s. and travels to these remote areas in washington e

russia's gazprom has recently secured a landmark deal with bulgaria the last one needed to start building the south stream arclight it's aim to do about the russian gas directly to european consumers just like its northern two in the north. the deal was signed amid accusations from the european union of unfair pricing and the other hand the middle lowering demand for gas and europe in general so how is the company going to face all those and those who discuss it with one of the cooperations main decision makers head of gazprom export alexander in madrid.

says that if somebody started working on the idea then gas plant would definitely support it now gazprom is known to be quite a supporter of sports deputy c.e.o. alexander movie there is the chief ideologist of the kontinental hockey league which is currently the second largest in the wall you know it's probably the strongest hockey teams in the all port area so the energy giant definitely has the financial resources to help create new football tournament as well say between the former soviet republics but again this is all in now being talked about not actually being worked on and it's also a question how successful such a project would be how interesting it would be to watch and how competitive would it be compared to other football leagues in the world. capital account with lauren lister is coming your way from washington that will be after the short break more news in thirty five minutes from now this is r.t. . if you're passing through rushes to be a regent you really can walk on the wild side thousands of kilometers of unspoilt countryside make up an area where it's still possible

the boss of russian energy giant gazprom says the company would support the creation of a united football league the move could see former soviet republics compete alongside russian clubs. takes a look at one of the grandiose plans are likely to become reality. zinni is currently the champion of russia and recently found itself in the center of a scandal when during a match with the team one of the needs found through a four year old on the field seriously injuring the. burning his eyes with the match was stopped and his unit was punished with a technical defeat later with heard from the team's management who protested the penalties saying that me stop taking part in a russian football championship all together analysing it is sponsored by gas problem and the energy giants c.e.o. aleksey miller has met with the team's management and he's now saying that they need to start taking part in a whole new other tournament between states which currently doesn't exist but miller says that if somebody started working on the idea then gas plant would definitely support it now gazprom is known to be

kyushu power company bought the lng from gazprom, a firm related to russia's gas company. the arctic route is considered promising as a new shipping lane connecting europe and japan. that's because the arctic ice is reduced due to global warming. the route can be used only between spring and fall when the amount of ice is small. once the route is proven safe, japan can increase its lng imports from europe and russia. this will also cut japan's energy dependence on the middle east as well as import costs. european countries are hoping to boost their exports of natural gas to japan and other asian nations by using this new route. >>> japan is not the only asian country that seeks greater potential in the arctic sea. china is another. a research institute in sweden says china will steadily increase efforts to secure natural resources in the arctic region. the stockholm international peace research institute issued a report on china's activities in the region on tuesday. it says the country is showing a strong interest in exploring natural resources in the area and using the a

production in mid december as it will have completed by that time its annual production plant and gazprom shares were also a bit better than the market as a gas giant agreed to a twenty percent discount to bulgaria for ten years so far as the biggest european discount for the company. now the news ukraine has said it considers buying twenty percent less gas from russia next year the country plans to substitute that amount with germany's gas which is claimed to be around a quarter cheaper however analysts say the current low price is the term by a lack of demand in that stricken year and that could change ukraine tries to get a discount from gas from have that has been trying to do that for the past two years while the gas monopoly says that could be possible only on certain conditions like access to the country's pipeline system. by that's all for now coming up next it's the truth seeker with daniel bushell. resistance is not of politics but a culture. is couldn't. get some. cultures of resistance on our team. culture is that so much different each musician has the power to try new mark o

compensating for a slowing demand in the developed countries so perhaps they'll be room for everyone and gazprom is certainly set to benefit from that growth when it comes to china it house already sealed a number of agreements so it looks like it might just really direct its priorities and given the exports right now half of them account for europe and in europe all these projects so far put on hold and apparently it's not really under threat all right now thank you very much for that. it's really is seeking trial for current and former employees of two top ratings agencies paving the way for the first european court case over sovereign rating cuts prosecutors probe to five analysts from s. and p. and two from fitch for alleged market manipulation and abuse of privileged information now if the italian case goes to trial it may reshape the long running debate over liability of rating agencies for their credit opinions and earlier i discussed the issue with the sharks siddiqi market strategist at e.t.f. capital and i started by asking him whether this lawsuit was justified. but it is just a word

china india and the middle east accounting for about sixty percent of that growth and russia namely gazprom are certainly set to benefit from that increase if they shift their priorities and time oh right that passion show nancy thank you very much for that we're over to another topic now it's in the seeking trial for current and former employees of two top ratings agencies paving the way for a first european court case over a sovereign rating cuts now prosecutors have probe five analysts from sun and tours and two from fitch for alleged market manipulation and abuse of privileged information if the italian case goes to trial it may reshape the long running debate over the liability of rating agencies for their credit opinions now earlier i discussed this issue with the sharks a d.q. for me here so i started with a question whether it's a lease lawsuit is justified. i think it's just. considering that we've had so many cases against rating agencies over the past few years i think it's time they're under some sort of scrutiny and this may just be the the one that actually opens the doors for

same with energy gazprom has completed the last stage of negotiations to build the south stream which is a direct natural gas pipeline to central and southern europe the gas major c.e.o. aleksey miller are sealed the twenty billion dollars deal with bulgaria today katie goes from headquarters with the details well gary was the last prodigy to sign the south stream pipeline contract and now all is set for construction to commence on december the seventh a bit about the pipeline itself that is the second one of the north stream to actually send to read not true russian gas to europe and it ok about after the price of gas was which the last of which happened in two thousand and nine was when the european consumers are actually dealt with. as well as a rather bitter cold winter as a result as well not the time russia ukraine of siphoning off the gas which was meant for the continent and the south stream pipeline is meant to avoid potential conflicts in the future in the south stream pipeline will go from russia to bog area via the black sea to serbia hungary slovenia and the first to live

fifteen with a planned annual capacity of around sixty three billion cubic meters of gas meanwhile gazprom said alexei miller revealed the project time plan for the nearest future. city of the students this wednesday will approve the investment project of the subsea part of the pipeline then on thursday will make an investment decision on bulgaria's stretch and will start the actual construction of the project on the seventh of december all those pictures now coming back to that topic the u.k. regulators have indeed launched an investigation into alleged wholesale gas price manipulation financial services authority pledged to carefully examine any instances of potential market abuse but the stories are raising a lot of questions about the fairness of consumer prices in general and the trustworthiness of industry watchdogs now discuss this in more did so now joined by my colleague the business about the sun and sky you're following that story that's why it has this story been brought to the public eye and who did that well it was first brought to the public eye by this former city trader na

of eight percent with gazprom being one of the big losers is down one and a half percent at the close and staying with great uncertainty with with this situation despite the new potential deal with the i.m.f. is very much reflected in the euro dollar rate i mean it was gaining yesterday now it's shedding value russian ruble is actually gaining against both currencies however russia will keep most of its international currency reserves in the euro that's according to prime minister medvedev he also said russia remains hopeful the next tranche of the greek debt settlement would be fine or and that europe would stay united meanwhile u.k. said trade minister lord green is in moscow he told r.t. only a united ruble united you're of rather can be strong as a shining explains. this state of the global economy largely depends on the health of the eurozone in particular the so-called single market where the u.k. plays a key role i had an opportunity to sit down with green the u.k. minister for trade and investment and a former c.e.o. of the h.s.b.c. group he believes that united europe is the

partners however gazprom shares finished better than the market and also pharmaceuticals were in the spotlight pharmacy chain thirty six point six rocketed on the news the company will sell controlling stake in drug maker verify arm which also advanced a lot more than ten percent of these of course very thinly traded stocks. writes russia's e.s.p. oil blend could join breads and west texas crude as the global benchmark for the oil market there is however one major problem russia needs to pump more e.s.p. to make it a viable candidate writes artie's tom barton has been looking at the story for us he's just back from his trip to the oil rich region of the amount russia's far north for good to see it's almost you've enjoyed that trip not to call them so what needs to be done exactly for e.s.p.n. to become on par with w t o and brant. hi there dimitri it was a bit chilly but hopefully the russians oil for fortunes might be quite a bit more hotting up than the cold temperatures up in the north yes if we're looking at e.s.p.n. east siberian pacific ocean so we're looking at asia pacific ma

plus russia's gas giant gazprom and its partners push plans for a pipeline on the black sea a step closer to reality by signing off on the final investment for this project details on our website. now she's an international business guru and a mother of eight children find out how the business managers and all of our special report that's after a short. wealthy british style. sometimes. markets why not. find out what's really happening to the global economy with max conjure for a no holds barred look at the global financial headlines tune into a report. which brightened. from funds to impressions. from stunts on t.v. dot com. i presides over one of the most successful companies in the market it's a consulting company giving advice on legal and financial matters i can't imagine anything more efficient or useful. before making millions of dollars a career began at the very big. some of the latter this old woman is well traveled speaks four languages and is an excellent. at first glance she might seem just another unmarried careerist with no children but is far from it throughout her career

plus rushes and gas giant gazprom and its partners push plans for a pipeline under the black sea a step closer to reality by signing off on the final investment for those project details also on our web site. now the economic downturn is not only refuse to greek wallets but has also shaken up the country's political scene greece saw some unexpected names turn up on the parliament's poll winners list in june including the ultra nationalist golden dawn party parties could roll over investigates the side effects of the crisis. hunger joblessness the feeling is ripping their country apart greeks are seeking answers today crisis in increasingly extreme news the main form but this has been expressed is the rise of the greek left but also a warning development in the. past months has been the rise of the neo fascists and actually me or not to be more precise than go. the numbers don't lie at the last election in june the golden dawn entered parliament with seventy percent of the votes current opinion polls suggest an election today would see them take around thirteen percent they can offer som

>> gazprom >> that is a strong statement nick kristoff is wrong crib helpful. i asked our friends on stage with they did with their hobbies. paul's is hockey. jim is tennis prevent severe and cricket. -- jims is tennis. there's also crickets and skiing. iran will be the u.s. because iran plays chess and america plays baseball. i remember during the gulf for one said, americans play tennis and we play golf. i think it was. to some degree when you think about these kinds of questions about strategy and how you're thinking, i do think those i know that think -- with this question about where ton is going, how it is thinking about this world -- my sense is the chinese strategists are very smart, have a plan, began looking at assets. i don't know the chinese name for "go," the black chips and white chips, but i think about u.s. strategy cannot speak for canadians, but with the exception of jim miller, we tend to be more reactive right now, in my view, then we are strategic. i do since there is a strategic game that china is playing with -- in closing, beyond respond