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US Lawmaker Seeks Pentagon Checks on Russia Energy, Military RIA Novosti, PUBLISHED June 17, 2013 A conservative US lawmaker has introduced legislation requiring the Pentagon to keep closer tabs on Russia’s military might and energy resources, arguing that both pose a threat to the United States and its NATO allies. “Given that Moscow is spending $750 billion over a decade to modernize its military, and they occupy areas of Georgia and they’re supporting the Assad regime in Syria, and they’re certainly not helpful, in fact problematic when it comes to Iran… it’s time to keep a closer eye on Russia,” Rep. Jim Bridenstine of Oklahoma said at a congressional hearing this week. According to the US Energy Information Administration, Russia holds the world's largest natural gas reserves, and, even though it does not have the largest oil reserves, it was the biggest producer of crude oil in 2011, pumping about 9.8 million barrels a day. Repeated rows with former Soviet Republic Ukraine over the price Russia asks for natural gas have led to Moscow shutting the spigots of pipelines linking Siberian gas fields to consumer markets in Europe, halting the flow of fuel on several occasions in the dead of winter. Other news: China Offers Russia Floating Nuke Plant Joint Project It was proposed that a joint venture should be established with investments from both sides. Russia Eyes Nuclear Power Project in Finland – Source A government source told RIA Novosti. The transaction on consolidation of a 100% stake in Uranium One Inc. by ARMZ Uranium Holding Co. has been approved both by the Ontario Superior Court of Justice in Canada, and regulators in Russia, Australia and the USA. |
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