World Energy Monthly Review asks, Will Transneft's Proposed Pipeline Stimulate the Timan-Pechora Basin.

HOUSTON -- While the Baku-Tbilisi-Ceyhan pipeline starts pumping amidst fears of terrorist actions and the world continues to follow the Yuganskneftegas money trail, Russia gears up to continue expanding its oil production infrastructure; World Energy Monthly Review connects politics, the economy and hard energy facts.

"Transneft will spend about $30 million this year...to study a proposed oil pipeline that will terminate in the Barents Sea," says the Russia editor. "The project would have an annual capacity of 24 million tons and link the Kharyaga fields in the Komi Republic with an Indiga native settlement on the coast." This new pipeline "could stimulate further development in the Timan-Pechora," he says, and "is of utmost importance to Lukoil and Rosneft... (who) are bottlenecked in transportation." For more on this developing story, visit www.WorldEnergySource.com/WEMR.

"The May 25 blackout that paralyzed Moscow continues to reverberate through Russia's messy political system," the Russia editor says, "and questions about the cause of the blackout... are still unanswered." While Russian officials contend that "an electricity transmission station broke down as demand increased, causing a chain reaction of overload at other substations," he says, their easy explanations were "clouded after Shamil Basayev, the leader of the Chechen insurgency, took credit for the blackout."

World Energy Monthly Review "is the country's most hard-hitting, myth-shattering energy news and analysis publication," said Professor Michael J. Economides.

To get your copy of World Energy Monthly Review, visit www.WorldEnergySource.com/WEMR

This highly anticipated newsletter features timely, in-depth analysis by Professor Economides, one of the most recognizable names in the energy industry, and articles by his team of analysts on the Americas, Russia, China and the rest of the world.

Coming in July, the new issue of World Energy Monthly Review asks:

--What are the barriers to Palestinian energy growth?

--Are we witnessing the decline of America's supermajors?

--Should Russia Soviet slide worry the oil business?

--Where does the Yuganskneftegas money trail lead?

--Where are PDVSA's missing billions going?

--Is Xinjiang China's Texas?

World Energy Monthly Review joins World Energy magazine, Television, Educational Programs, and the World Energy Source in providing unparalleled news, editorials and analysis. Find out more about World Energy products at www.WorldEnergySource.com.