RUSSIA - Oct. 2 - US To Take Delivery Of Russian Oil.
Moscow and Washington officials say Washington will for the first time take delivery of Russian Russian
associated in some way with Russia.
a breed of cats with short, dense, silver-tipped blue-colored coat and vivid green eyes. oil for its Strategic Petroleum Reserve
The Strategic Petroleum Reserve . A shipment of about 300,000 barrels from Tyumen Oil is to arrive next week. The delivery symbolises growing energy ties between Moscow and Washington. The ties are being strengthened this week at the first US-Russia Commercial Energy Summit in Houston, where Moscow and Washington cabinet ministers are meeting executives of more than 100 oil companies. In Houston on Oct. 2 Keith Rowden, an energy official at PwC, the professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firm, said the announcement "demonstrates the mutual interest in the two countries in improving the level of partnership". The meeting, he said, was "useful in letting both sides see their commonality com·mon·al·i·ty
n. pl. com·mon·al·i·ties
a. The possession, along with another or others, of a certain attribute or set of attributes: a political movement's commonality of purpose. of interests".
(The US administration is pushing hard to fill the strategic reserve to capacity. Volatile oil volatile oil
A rapidly evaporating oil of plant derivation, especially an essential oil, that is capable of distillation and that does not leave a stain. Also called ethereal oil. prices, which could soar SOAR - 1. State, Operator And Result. A general problem-solving production system architecture, intended as a model of human intelligence. Developed by A. Newell in the early 1980s. SOAR was originally implemented in Lisp and OPS5 and is currently implemented in Common Lisp. with an attack on Iraq, already threaten to sink any economic recovery. In Nov. 2001, US Pres. Bush ordered the Department of Energy to fill the reserve to its 700m barrel capacity by 2005. It now stands at more than 586m barrels, the highest it has been since 1994. Most of the oil in the US reserve has been acquired from abroad. The first delivery was 412,000 barrels of Saudi Arabian light crude in 1977. Mexico accounts for about 40% of the supply. In August Kansas City-based Koch Supply and Trading won a bid to supply oil to the petroleum reserve. It will provide 8m barrels, of which the Russian oil is a part).