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  • BRUSSELS, Oct 9- NATO has plans in place to defend Turkey against attack from Syria, and will aim to provide assistance if Ankara asks for it, senior officials said on Tuesday. NATO ambassadors threw their support behind Turkey in an emergency meeting last week after Syrian shells struck a border town in Turkey killing five civilians.

  • Med Crude-Urals stronger in Baltic on arbitrage Tuesday, 9 Oct 2012 | 1:17 PM ET

    *Azeri Nov exports to rise, Iraq cuts OSP for Europe. In the Platts window, BP bid in the Baltic for an Oct 22-26 Urals cargo at dated Brent minus $1.30 a barrel, some 30 cents stronger than on Monday, and Exxon bid for an Oct 20-24 cargo at dated Brent minus $1.35, traders said.

  • IOC panel in Sochi for check on 2014 preparations Tuesday, 9 Oct 2012 | 11:50 AM ET

    SOCHI, Russia-- With the opening of the 2014 Winter Olympics less than 500 days away, IOC officials are back in Russia to check on preparations in Sochi. The IOC coordination commission began a three-day visit to the Black Sea resort Tuesday to inspect progress in construction, transportation, accommodation and other key areas.

  • UPDATE 2-TNK-BP oligarchs try to dodge Rosneft Tuesday, 9 Oct 2012 | 11:05 AM ET

    By Andrew Callus and Douglas Busvine. LONDON/ MOSCOW, Oct 9- The billionaires who co-own Russian oil venture TNK-BP and want to buy out partner BP have told the British company they would rather sell their half of the $50 billion business than end up in a devalued partnership with state-backed rival bidder Rosneft.

  • UPDATE 1-Russian assets buoyed by oil rally Tuesday, 9 Oct 2012 | 10:50 AM ET

    MOSCOW, Oct 9- Russian equities turned positive on Tuesday, supported by an upturn in oil prices, while telecoms stocks edged higher following a $2 billion IPO announcement by mobile operator Megafon.

  • Rosneft says discusses trading issues with Gunvor Tuesday, 9 Oct 2012 | 10:40 AM ET

    MOSCOW, Oct 9- Russia's top crude producer Rosneft said on Tuesday its powerful chief executive Igor Sechin met the co-owners of international oil trading house Gunvor to discuss "trading issues", amid reports of a rift between Sechin and Gunvor's co-owner Gennady Timchenko.

  • TEXT-Fitch rates Russian Railways' notes 'BBB' Tuesday, 9 Oct 2012 | 10:27 AM ET

    Oct 9- Fitch Ratings has assigned RZD Capital Limited's 8.30% RUB loan participation notes due 2019 and 5.70% USD LPNs due 2022 senior unsecured' BBB' ratings. The new LPNs are to be consolidated and form a single series with the outstanding RUB25bn 8.30% LPNs due 2019 and USD1bn 5.70% LPNs due 2022 respectively.

  • TEXT-S&P raises BANK ROSSIYA's ratings to 'BB-/ruAA-' Tuesday, 9 Oct 2012 | 10:09 AM ET

    Rating Action On Oct. 9, 2012, Standard& Poor's Ratings Services raised its long-term issuer credit rating on BANK ROSSIYA to' BB-' from' B+' and affirmed its short-term rating at' B'. We also raised the Russia national scale rating on BANK ROSSIYA to' ruAA-' from' ruA'.

  • Poland, which hopes tapping into previously inaccessible shale gas reserves will reduce its reliance on costly gas supplies from Russia, has postponed the publication of the law several times in the past few months.

  • BELGRADE, Oct 9- Serbia's central bank raised its benchmark interest, already the region's highest, by 25 basis points to 10.75 percent on Tuesday, reflecting rising inflation and debt concerns.

  • *Fifteen firms, consortium bid for Cyprus offshore blocks. NICOSIA, Oct 9- Cyprus is close to short-listing companies bidding for offshore oil and gas contracts in the energy-rich east Mediterranean, officials said on Tuesday.

  • MOSCOW, Oct 9- Russia's No.2 crude producer LUKOIL said on Tuesday the Iraqi government has approved the geologic exploration, development and production contract for Block 10 in the southern part of the country. LUKOIL already works at giant West Qurna-2 oilfield in Iraq.

  • *Gazprom already ships 1.6 million tonnes of LNG a year to KOGAS. MOSCOW, Oct 9- Gazprom said on Tuesday it has signed an agreement to sell liquefied natural gas to Korea Gas Corporation, as it strengthens its position in Asian markets.

  • Vitol, Glencore dominate Russian oil trading Tuesday, 9 Oct 2012 | 8:19 AM ET

    *Breakthrough for Glencore as it gets Rosneft invitation. LONDON, Oct 9- Swiss trading houses Vitol and Glencore have become the largest players in the Russian oil export market, dominating supplies from the world's biggest producer after a switch in Kremlin policy opened up the trade. "Everywhere you saw Gunvor before, Glencore is now written in capital letters.

  • UPDATE 2-MegaFon says to launch London share sale Tuesday, 9 Oct 2012 | 8:02 AM ET

    *MegaFon says Russia focus is key advantage. By Megan Davies and Maria Kiselyova.

  • TEXT-Fitch affirms Ventrelt at 'BB-' Tuesday, 9 Oct 2012 | 7:58 AM ET

    Oct 09- Fitch Ratings has affirmed Ventrelt Holdings Ltd's Long-term foreign currency Issuer Default Rating at' BB-' with Stable Outlook. Fitch has also affirmed the senior unsecured rating of RVK-Finance LLC's RUB3bn bonds at' BB-'.

  • Solvay sets up joint venture with SIBUR in Russia Tuesday, 9 Oct 2012 | 7:11 AM ET

    BRUSSELS, Oct 9- Belgian chemicals group Solvay. will create a joint venture for oilfield process chemicals with Russian petrochemicals group SIBUR, the company said on Tuesday. The unit, which will be owned in equal parts by both companies, will produce surfactants which are used in home and personal care products as well as the oil and gas industries, Solvay said.

  • BELGRADE, Oct 9- Serbia's central bank increased its benchmark interest rate, already the highest in the region, by 25 basis points to 10.75 percent on Tuesday, reflecting concerns over rising inflation and debt.

  • MOSCOW, Oct 9- Russia's former finance minister Alexei Kudrin, who has a reputation among investors for fiscal prudence, denied a news agency report that he had been offered the post of head of a proposed financial super-regulator.

  • TBILISI, Oct 9- Power in Georgia has peacefully changed hands after a tense parliamentary election but as the next government takes shape under billionaire Bidzina Ivanishvili, the likely prime minister, businesspeople face political uncertainty. "All businessmen have mixed feelings," said Fadi Asli, head of the International Chamber of Commerce in Georgia.