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posted by The Prophecy @ 8:57 PM
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Friday, January 13, 2006
Monday, January 09, 2006
Saturday, January 07, 2006
"Bulgaria in Russia gas supply row"
Article written by BBC NEWS
Summarized by Cool Walrus
On January 6, 2006, BBC NEWS published an article on a dispute between the Russian state-run energy firm Gazprom1 and Bulgaria, about the price of Russian gas. “The Russian side demanded that we renegotiate the scheme of payment for transiting Russian gas through Bulgaria to Turkey, Greece, and Macedonia,” said Bulgarian Energy Minister, Rumen Ovcharov, to the Bulgarian TV station bTV. Currently, Bulgaria is getting a discount on the Russian gas imports, in exchange for letting Russia use some of its land for delivering Russian gas to other nations. In one current contract between a Bulgarian state-owned energy firm, Bulgargaz, and Gazprom, Bulgaria pays $258 per 1,000 cubic meters of gas delivered straight to their country. But Russia also pays transit fees for its gas directed to other nations by reducing the price of Russian gas from $258 to $83 per 1,000 cubic meters for only some of its gas. Mr. Ovcharov said that Gazprom offered to pay in cash for the delivery of its gas over Bulgaria, but raise the price of the second contract from $83 to $258. Mr. Ovcharov said, “We will answer this offer is unacceptable. There are no review possibility clauses in our contract signed in 1998 to run until 2010.” This happened after, January 1, 2006, when Russia stopped its gas supplies to Ukraine after Kiev refused a price increase that would have gone up from $50 to $230. Bulgaria is very dependent on Russia for oil, but it also uses nuclear and coal-fired power stations for energy.
This impacts the Bulgarian government and people because the government might have to pay more money or let Russia use some of its territory for transiting gas to other countries, and the people maybe will have to pay for higher priced Russian gas. This issue also impacts Gazprom and Russia because Gazprom might not agree to what the Bulgarians want, which will affect the amount of money they make. It impacts Russia because the amount Gazprom makes will affect their national GDP and GDP per capita.The outcome of this dispute can also affect the countries that Gazprom delivers to through Bulgaria. I think a possible compromise would be to make one contract that takes into account the real price of the gas with the dicount for letting the Russians use some of their
territory.♣
1. Gazprom supplies almost all the gas needs of Central Europe, Eastern Europe, and the former Soviet Union. (Wikipedia)
Summarized by Cool Walrus
On January 6, 2006, BBC NEWS published an article on a dispute between the Russian state-run energy firm Gazprom1 and Bulgaria, about the price of Russian gas. “The Russian side demanded that we renegotiate the scheme of payment for transiting Russian gas through Bulgaria to Turkey, Greece, and Macedonia,” said Bulgarian Energy Minister, Rumen Ovcharov, to the Bulgarian TV station bTV. Currently, Bulgaria is getting a discount on the Russian gas imports, in exchange for letting Russia use some of its land for delivering Russian gas to other nations. In one current contract between a Bulgarian state-owned energy firm, Bulgargaz, and Gazprom, Bulgaria pays $258 per 1,000 cubic meters of gas delivered straight to their country. But Russia also pays transit fees for its gas directed to other nations by reducing the price of Russian gas from $258 to $83 per 1,000 cubic meters for only some of its gas. Mr. Ovcharov said that Gazprom offered to pay in cash for the delivery of its gas over Bulgaria, but raise the price of the second contract from $83 to $258. Mr. Ovcharov said, “We will answer this offer is unacceptable. There are no review possibility clauses in our contract signed in 1998 to run until 2010.” This happened after, January 1, 2006, when Russia stopped its gas supplies to Ukraine after Kiev refused a price increase that would have gone up from $50 to $230. Bulgaria is very dependent on Russia for oil, but it also uses nuclear and coal-fired power stations for energy.
This impacts the Bulgarian government and people because the government might have to pay more money or let Russia use some of its territory for transiting gas to other countries, and the people maybe will have to pay for higher priced Russian gas. This issue also impacts Gazprom and Russia because Gazprom might not agree to what the Bulgarians want, which will affect the amount of money they make. It impacts Russia because the amount Gazprom makes will affect their national GDP and GDP per capita.The outcome of this dispute can also affect the countries that Gazprom delivers to through Bulgaria. I think a possible compromise would be to make one contract that takes into account the real price of the gas with the dicount for letting the Russians use some of their
territory.♣
1. Gazprom supplies almost all the gas needs of Central Europe, Eastern Europe, and the former Soviet Union. (Wikipedia)
posted by The Prophecy @ 3:13 PM
0 comments
Thursday, January 05, 2006
Become a Cool Walrus Walrus!
Cool Walrus is now giving free Cool Walrus memberships; as a Cool Walrus Walrus, you can receive a free subscription to this blog, plus you will be able to take fun qlogs (quiz blogs).
Just make a username then in a comment type your username and email.
I will have Comment Moderation on
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The Cool Walrus Team
Just make a username then in a comment type your username and email.
I will have Comment Moderation on
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The Cool Walrus Team
posted by The Prophecy @ 4:11 PM
0 comments
Tuesday, January 03, 2006
Cool Walrus Movie Reveiw
Getting this idea from Rotten Tomatoes' Rotten or Fresh way of movie reveiwing, but on Cool Walrus we twisted it to instead of Rotten and Fresh, to Uncool and Supercool.
posted by The Prophecy @ 11:00 AM
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2005 Cool Walrus Person of the Year
The time has come, the time for the 2005 Cool Walrus Person of the Year. Our blog has only running for only three days, and I have only been a member of Blogger since this October, but it has been a year of hardwork, "sobs". Ah, but such a folly to weep our effort. Now, we must get down to business.
The winner is...
Lance Armstrong
It was very hard to pick the Cool Walrus Person of the Year of 2005 because of the hugely wide range of people. We picked Lance Armstrong for 2 reasons, one of his large amount of charity work towards his Lance Armstrong Foundation and two, winning the record 7th straight Tour de France.
congratulations to all!
The winner is...
Lance Armstrong
It was very hard to pick the Cool Walrus Person of the Year of 2005 because of the hugely wide range of people. We picked Lance Armstrong for 2 reasons, one of his large amount of charity work towards his Lance Armstrong Foundation and two, winning the record 7th straight Tour de France.
congratulations to all!
posted by The Prophecy @ 10:23 AM
0 comments
Sunday, January 01, 2006
Wordpress's Edit Comments Feature
On Wordpress I found a Edit Comments feature, which lets the admin of the blog edit another persons comment. I think this is intruding upon the commenter's thoughts. Also when you do this it does not say the admin edited it.
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Cool Walrus
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Cool Walrus
posted by The Prophecy @ 6:17 PM
0 comments
Saturday, December 31, 2005
Happy New Year!
In honor of the new year of 2006 we will list a few events that happened on this day:
1. Andreas Vesaluis, Flemish anatomist, born 1514
2. Guru Gobind Singh, tenth and final Sikh guru, born 1666
3. Henri Matisse, French painter, born 1869
4. New Years Eve
5. NZ Enterprises creates the famous wlog, Cool Walrus.
6. For many more visit SCOPE SYSTEMS
1-3 from Software MacKiev
4 from me
5 from me
6 not from me
1. Andreas Vesaluis, Flemish anatomist, born 1514
2. Guru Gobind Singh, tenth and final Sikh guru, born 1666
3. Henri Matisse, French painter, born 1869
4. New Years Eve
5. NZ Enterprises creates the famous wlog, Cool Walrus.
6. For many more visit SCOPE SYSTEMS
1-3 from Software MacKiev
4 from me
5 from me
6 not from me
posted by The Prophecy @ 6:10 PM
0 comments
