Russian LNG Aims Face Big Challenges in Arctic Regions Russia, the world's biggest gas producer, has invited international energy majors to help it realize its ambitions to conquer one-fifth of the global market for liquified natural gas by 2020, but experts say it could be more than a decade before new production comes onstream. Russia says it wants to beef up shipments of liquified natural gas, or LNG, to Asian and U.S. markets at the expense of pipeline deliveries to Europe, which are th

Posted 21st October, 2009 in Škoda | Leave a commentSkoda Auto is putting the Octavia model into complete production in the Russian Federation despite the current crisis, supporting the positive trend for the Skoda brand in Russia. Complete production is being started 11 months before the originally planned date.Skoda’s market share in Russia has risen to 2.5%. Skoda Auto’s sales in Russia are falling more slowly than the total domestic automobile market. In the first three quarters, it fell by

The electric car race will be on in Tokyo this week at the Tokyo Motor Show. Expect production and concept debuts from Nissan, Honda and Toyota, according to wire service AFP. But there will be some automakers missing from the show. Several, including General Motors and Hyundai, dropped out. Nissan plans to start building vehicles in Russia by the end of 2012, using a plant that belongs to its Russian partner Avtovaz. Annually, Nissan plans to make 70,000 Bluebird Sylphly small sedan ? curren

Rumors abound that Russian oligarch Mikhail Prokhorov (of Onexim and Norilsk Nickel fame) is planning to buy a large stake in America's National Basketball Association. But with the hazy state of Russian bank records, coupled with the NBA's stringent vetting process, chance would be a fine thing. From the New York Times : [...] experts in the oligarchy and corporate risk-management said it would not be easy because public records from Prokhorov's world are scarce or incomplete, Russian

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