The two groups are clearly vying for a dominant position in energy. The only thing we are sure of is that ultimately a state company will be dominant.

We are about to move into a new phase when Russian state-controlled energy companies are opened for investment with cooperative foreign firms. It makes sense to have someone with international experience ? either corporate or political ? leading that process at the head of those companies.

Russia is risking losing credibility as a reliable energy supplier by cutting off supplies to an external customer on the same day it takes over as leader of the G-8.

I think I'm in a really nice position, where I'm sure I could do another show if I wanted to do one, but right now the main thing in my mind is writing songs.

They have a vested interest.

When they make that adjustment, it should lead to one-off demand of around $8 billion from [large mutual] funds. That's one of the drivers of the share price.