Contents tagged with Europe

  • Putin says he was not invited to the Normandy Four meeting in June

     Russian President, Vladimir Putin, said that nobody discussed the possibility of holding Normandy Four format leaders meeting in June with the Russian side, and there are no such negotiations in his working schedule, reports TASS.

    “I don’t know anything about this. Nobody discussed it with us. There is no such meeting in my work schedule,” said Putin commenting on the Petro Poroshenko's statement about his plans to meet the leaders of the Norman Four in June.

    Putin’s press secretary, Dmitry …

  • Russian Gazprom ramps up gas transit through Ukraine by 25%

    The Russian company Gazprom has recently increased the volume of gas it is transporting to Europe through Ukraine by 25%, according to a Facebook post by Andriy Kobolyev, CEO of Naftogaz of Ukraine.

    “The reason for this is the renovation of the Yamal-Europe pipeline (which passes through Belarus)… annually this is the equivalent of around 110 billion cubic meters of gas per year,” he wrote.

    In a matter of days, the daily volume of gas pumped through the Ukrainian gas transport system rose by 6 …

  • Russia to dispute arbitration court verdict on Ukrnafta lawsuit

    Russia has not yet received the International Court of Arbitration’s ruling on the Ukrnafta lawsuit through the official diplomatic channels, but it plans to dispute the ruling at the Federal Supreme Court of Switzerland, RBC reported citing the Russian Justice Ministry.

    “The Russian Federation plans to dispute the current decision and to use all the available legal protection mechanisms provided by international law and Swiss legislation,” the ministry said in a statement.

    On 12 April, the …

  • Poroshenko: Normandy Format session possible in June

    A Normandy Format meeting may take place in June on the date commemorating the anti-Hitler coalition’s landing in Normandy, Ukrainian President Petro Poroshenko told the TV channel 112 Ukraine.

    “French President Emmanuel Macron… and German Chancellor Angela Merkel will contact Putin in May already, coordinate with the US and directly with US President Donald Trump, and, I consider it possible… that Russian President Vladimir Putin will be invited to the commemoration of the opening of the …

  • Germany's direct investments in Russia exceed 3 billion euros

    The German-Russian Chamber of Commerce is confident that companies that have knowledge of the Russian market are not afraid of "sanctions and political problems.

    On Monday, April 15, the press service of the German-Russian Chamber of Commerce, citing data from the German Federal Bank, announced that Germany’s direct investments in the Russian economy in 2018 amounted to 3.2 billion euros.

    They estimate that this is a record amount of investment since the financial crisis in 2008. Large-scale …

  • EU to spend €215 million to remove Poland's dependency on Russian gas

    The EU government has decided to allocate €215 million to the construction of the Baltic Pipe, a pipeline that will transport gas from Norwegian deposits through Denmark to Poland.

    The Polish gas operator Gaz-System will receive the funds for construction of the pipeline. The company announced on Monday that it had signed the relevant agreement with the EU’s Innovation and Networks Executive Agency (INEA).

    The financing will be used to build the underwater section of the pipe that will …

  • Turkmenistan resumes gas exports to Russia

    On Monday, April 15, Turkmenistan resumed natural gas exports to the Russian Federation, reported the publication ORIENT, citing a source in Turkmenistan’s Ministry of Oil and Gas.

    It is noted that deliveries resumed after a pause in commerce outlined in a 25-year contract signed in 2003 “was taken by Gazprom in early 2016.”

    In March 2016, the Russian gas monopoly terminated the contract with Türkmengaz. Gazprom cited a “serious breach of contract” by Turkmenistan and also requested a …

  • European Union adopts amendments to EU Gas Directive to control Nord Stream 2

    The European Union finalized a draft amendment to the European Union Gas Directive, which controls the use of gas pipelines in the territory of the alliance. The European Union plans to introduce all the technical procedures by the end of 2019. The head of the Directorate-General for Energy within the European Commission, Dominique Ristori, has previously stressed that the EU intends to bring the amendments into effect before the start of operation of the Russian Nord Stream-2 gas pipeline so …

  • Poroshenko claims to have sold all businesses there were buyers for

    Ukrainian President Petro Poroshenko said that over the last five years he has sold all of the businesses for which there were buyers.

    “Wherever there was a buyer, even if they didn’t have the money now or if it had to be paid off over many years, I sold my assets. This was the case with Kuznya na Rybalskomu. There is a new owner, the relevant decisions have been made,” Poroshenko told journalists in the press center of the Olimpiyskiy Stadium in Kyiv at an event that was supposed to be a …

  • Media: Russia behind cyberattack on the Spanish Defense Ministry

    The Russian cyber espionage group Fancy Bear is behind a cyber-attack on the internal network of the Spanish Ministry of Defense, which was reported in late March.

    According to the newspaper El Español, the Spanish authorities believe that Russia and hackers associated with it are the "foreign power" behind the attack.

    The investigators reached this conclusion by analyzing the cybercriminals’ methods and finding in them the “Russian trace”. In particular, similar attacks were carried out …