• Russia's gas export revenues fell by 31 percent

    Revenue from Russian gas exports in January-June 2016 amounted to 14.975 billion dollars, which is 31.6% less than in the same period of 2015 as indicated in the data from the Russian Federal Customs Service, reports Prime business news outlet.

    In January-June of 2016, Russia exported 95.4 billion cubic meters of gas (a 6.95% growth in comparison with January-June 2015), including the far abroad countries - 78.3 billion cubic meters (14.6% growth) and the CIS (former Soviet Union) countries - 1 …

  • Ukrainian Intelligence: Russia deployed naval ship carrying cruise missiles to the Crimea

    On the 5th of August, the Main Directorate of Intelligence of the Ministry of Defense of Ukraine released data indicating the strengthening of the naval component of the Russian Armed Forces in the annexed Crimea. In particular, the Agency reported on the addition of ships with powerful missile complexes.

    According to the press service of the Main Directorate of Intelligence of the Ministry of Defense of Ukraine, the inclusion of the Admiral Makarov frigate, which is armed with a Caliber-NK …

  • Ukrainian Ambassador to the US criticizes Trump for his stance towards Russia

    The Ukrainian Ambassador to the United States, Valeriy Chaly, said that the statements of the Republican Party nominee for President of the United States, Donald Trump, regarding Ukraine and the Crimea have caused considerable concern in Kyiv.

    In the article in The Hill newspaper, Chaly emphasized that Trump sends the wrong signal to the world by his statements which call for the violation of international law. The Ambassador also noted that Trump’s statements run counter to the platform of …

  • US company to build nuclear fuel plant in Ukraine

    Ukraine has reached agreements with Westinghouse with regard to the increase of supply, and the future construction of a nuclear plant in the country. Interfax-Ukraine reported that this was said by the Minister of Energy and Coal Mining of Ukraine, Ihor Nasalik.

    “We have agreed on the diversification of supplies to nearly half of the nuclear units. We have also agreed to build a nuclear fuel plant in Ukraine,” Nasalik said.

    He said that they reached these agreements during his recent trip to …

  • Latvia to spend one sixth of its defense budget on radio systems

    The Latvian Ministry of Defense plans to modernize their tactical radio systems in the coming years. To accomplish this, the ministry plans to purchase equipment made by American manufacturer Harris Corporation for €67.4 million. As noted by BaltNews, this purchase represents more than one sixth of Latvia’s entire defense budget.

    Latvian military experts say this is good equipment, and the intention is to make the purchase by 2019. The equipment to be purchased includes Falcon-II and Falcon- …

  • Russia destroyed 7,500 tons of banned food imports

    Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) announced that over 7,500 tons of banned food products, mostly fruit and vegetables, were destroyed over the last year, Russian TASS news agency reported.

    "Overall, 7,282 tons of vegetable products under sanctions have been destroyed from August 6, 2015 to date," Rosselkhoznadzor’s spokeperson Yulia Melano stated.

    The representative added that fruits and animal products were also destroyed.

    In July of …

  • Naftogaz believes their chances of beating Gazprom in Stockholm court are high

    Director for Business Development at the national joint-stock company Naftogaz of Ukraine Yuriy Vitrenko stated that Ukraine has a good chance of obtaining a positive decision for their claim against Gazprom in the Stockholm Arbitration Court.

    “In short, we are in the home stretch. Trials will start in the next few months. Our position is very firm, as demonstrated by the fact that, in particular, even Putin had to change his favorite statement about Gazprom: that since 2020 they will not need …

  • Despite ban, Russian airliners frequently fly through Ukrainian airspace

    Russian passenger airliners, flying from southern Europe, occasionally cross the Ukrainian border, despite the ban, Ukrainian TSN news channel reported.

    In the last few days of July, Ukrainian airspace has been violated, in particular, by Aeroflot aircraft. Ukrainian air traffic services confirmed that the Russian airliners do fly over Ukraine.

    "All of these cases are related to the avoidance of hazardous weather conditions, all allowable by protocol. They are allowed to pass through the …

  • Poland seeks to become mediator in pursuing closer relations between the EU and Belarus

    Ryszard Terlecki, the Vice Speaker of the lower house of the Polish Parliament, said that Warsaw, to a certain extent, would like to be a mediator in pursuing closer relations between Belarus and the European Union, Radio Polsha reported.

    Terlecki explained that due to the historical and cultural ties between Poland and Belarus, Warsaw would be able to fit the role of mediator quite naturally.

    According to the Vice Speaker, Belarus is in an important geopolitical position, and the EU is …

  • Polish state-owned company begins delivering gas to Ukraine

    Polish State gas company PGNiG announced on Thursday, August 4, 2016 that it will begin to deliver gas to industrial consumers as part of an agreement with a private Ukrainian gas supplier, Eru Trading. Details about volumes and terms of the agreement have not been disclosed.

    According to Reuters, Poland and Ukraine, which depend on natural gas supplies from Russia, intend to expand the exchange between the gas transportation systems to 5-8 billion cubic meters of gas from the current 1.5 …