RUSSIA
* Admiral Vladimir Masorin, Russian Navy commander said:
- The Russian government allocated over 40 billion rubles (over $1.5 billion) to build a navy base in the Black Sea port of Novorossiisk
- Russia must restore its permanent naval presence in the Mediterranean
* Russian Foreign Minister Sergei Lavrov said:
- Russia's is committed to its natural gas contracts after a temporary deal was made to solve a gas debt dispute with Belarus
- Russia is guided by international law in its polar shelf probes
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BUSINESS