The Hellenic Navy (HN) (Greek: Πολεμικό Ναυτικό, Polemikó Naftikó, abbreviated ΠΝ) is the naval force of Greece, part of the Greek Armed Forces. The modern Greek navy has its roots in the naval forces of various Aegean Islands, which fought in the Greek War of Independence. During the periods of monarchy (1833–1924 and 1936–1973) it was known as the Royal Navy (Βασιλικόν Ναυτικόν, Vasilikón Naftikón, abbreviated ΒΝ).The total displacement of all the navy's vessels is approximately 150,000 tons.The motto of the Hellenic Navy is "Μέγα το της Θαλάσσης Κράτος" from Thucydides' account of Pericles' oration on the eve of the Peloponnesian War. This has been roughly translated as "Great is the country that controls the sea". The Hellenic Navy's emblem consists of an anchor in front of a crossed Christian cross and trident, with the cross symbolizing Greek Orthodoxy, and the trident symbolizing Poseidon, the god of the sea in Greek mythology. Pericles' words are written across the top of the emblem. "The navy, as it represents a necessary weapon for Greece, should only be created for war and aim to victory."...............The Hellenic Merchant Marine refers to the Merchant Marine of Greece, engaged in commerce and transportation of goods and services universally. It consists of the merchant vessels owned by Greek civilians, flying either the Greek flag or a flag of convenience. Greece is a maritime nation by tradition, as shipping is arguably the oldest form of occupation of the Greeks and a key element of Greek economic activity since the ancient times. Nowadays, Greece has the largest merchant fleet in the world, which is the second largest contributor to the national economy after tourism and forms the backbone of world shipping. The Greek fleet flies a variety of flags, however some Greek shipowners gradually return to Greece following the changes to the legislative framework governing their operations and the improvement of infrastructure.

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This is a bilingual blog in English and / or Greek and you can translate any post to any language by pressing on the appropriate flag....Note that there is provided below a scrolling text with the 30 recent posts...Αυτό είναι ένα δίγλωσσο blog στα Αγγλικά η/και στα Ελληνικά και μπορείτε να μεταφράσετε οποιοδήποτε ποστ σε οποιαδήποτε γλώσσα κάνοντας κλικ στη σχετική σημαία. Σημειωτέον ότι παρακάτω παρέχεται και ένα κινούμενο κείμενο με τα 30 πρόσφατα ποστς....This is a bilingual blog in English and / or Greek and you can translate any post to any language by pressing on the appropriate flag....Note that there is provided below a scrolling text with the 30 recent posts...Αυτό είναι ένα δίγλωσσο blog στα Αγγλικά η/και στα Ελληνικά και μπορείτε να μεταφράσετε οποιοδήποτε ποστ σε οποιαδήποτε γλώσσα κάνοντας κλικ στη σχετική σημαία. Σημειωτέον ότι παρακάτω παρέχεται και ένα κινούμενο κείμενο με τα 30 πρόσφατα ποστς.........

Friday, July 23, 2010

Russia, oil deposits in the north of the country ..[ 1514 ]

Russian govt to hold tender for Trebs, Titov oil deposits this year

Russian govt
to hold tender for Trebs, Titov oil deposits in H410

Russian govt to hold tender for Trebs, Titov oil deposits in H410

10:38 23/07/2010

© AFP/ Osman Karimov

MOSCOW, July 23 (RIA Novosti)
The Russian government will hold a tender for the Trebs and Titov oil deposits in the north of the country in the fourth quarter of 2010, the government's website said on Thursday.

"The Federal Agency for Subsoil Use must approve the agenda of the tender committee and requirements for the content of the tender documents, send out notices on the tender before August 1, 2010, ... and conduct the tender in the fourth quarter," the statement said.

The Trebs and Titov oil deposits are among the most promising in the Timan-Pechora oil province, with reserves estimated at 78.9 million tons and 63.4 million tons of oil respectively to C1 category.
The government earlier approved tender terms for the Trebs and Titov oil deposits.

A source in a company interested in participation in the tender said that the government had proposed including a clause on the obligatory refining of oil from the deposits at local refineries in tender terms.
Natural Resources Minister Yuri Trutnev has said that an initial payment at the tender would amount to $500 million.

Rosneft, LUKOIL, Gazprom Neft, Bashneft and Zarubezhneft are interested in obtaining licenses for the deposits.

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