The expected price for oil is up and down? Outlook - Kyrgystan Energy Security US & Russian troops both rely on the same jet fuel supply line  Bishkek will help ensure security of energy infrastructure of Kyrgyzstan.  Security control systems are of great importance not only for Kyrgyzstan, but also for the whole Central Asia. “It will allow to enhance quality of security of strategically locations of energy infrastructure of Kyrgyzstan,” Commandant of internal troops Sovet Arbaev underlined.  Kyrgystan also houses the US Manas Air Base from which the Afghan operations are supported.  Americans use Russian made TS-1 jet fuel for operations. Bishkek’s Andrew Tesoriere emphasized that the recent disorders in Kyrgyzstan force to pay attention to importance of protection of key national energy infrastructure from diversion or attack.  1900 Campus Commons Drive Suite 100 Reston, Virginia USA 20191 (703) 766-5790 voice   -   (703) 880-7018 eFax   -   Skype: sovgrp Sovereign Group Establishes Supply Agreement with Mielke Oil Company, Inc. Mielke Oil Company, Inc., of Minneapolis, MN will now be able to take advantage of lower cost, higher quality fuel in the International Market.  Through their international office in Chicago, they have established initial supply reassignment contracts of minimum 100k mt of diesel and 100k mt of high grade jet fuels per month.  These contracts are available for reassignment in the national and international market. Russia Stocks Fall for Third Day on Oil; Gazprom, Tatneft Drop July 06, 2009 - Bloomberg by William Mauldin - Russian shares fell for a third day as oil retreated below $65 a barrel and a report showed the country’s economic slump deepened. OAO Gazprom, the world’s biggest natural-gas producer, and OAO Tatneft, the oil company in Russia’s republic of Tatarstan, dropped more than 4 percent. The 30-stock Micex Index retreated 3.7 percent to 938.38 at 1:59 p.m. in Moscow as all 28 members declined. The ruble weakened to the lowest against the dollar in a month. Crude fell to a five-week low in New York as a stronger dollar limited investor appetite as an inflation hedge and concern deepened the global economic recovery will falter. Russia is the world’s largest energy supplier, and oil and gas producers make up 57 percent of the Micex Index. “The downtick in oil prices will doubtlessly put pressure on stocks,” said Ron Smith, head of research at Alfa Bank in Moscow. Russian stocks entered a bear market last month after the Micex fell more than 20 percent in three weeks from this year’s high on June 1. The index is up 51 percent this year. The equity market “downside” is protected since oil and gas stocks are currently trading as if oil had fallen to about $50 a barrel, Smith said. The Russian economy contracted at an annual 6.4 percent in the second quarter after a 5.4 percent drop in the first quarter, according to VTB Capital’s gross domestic product indicator released today. Fuel Export Duty for July 2011 On July 1, 2011 the Russian Federation set export duties for crude oil at $445.10 per metric ton, $298.20 per mt for light refined products, $172.90 per mt for heavy products, and $0 for coal and bitumen products. - Russian Federation. 1900 Campus Commons Drive Suite 100 Reston, Virginia USA 20191 (703) 766-5790 voice   -   (703) 880-7018 eFax   -   Skype: sovgrp