Contents tagged with Russia
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Russian gas supplied to China is cheapest in the world
The Kremlin has been unable to fill its budget after redirecting its gas policy towards the east after the annexation of Crimea and the beginning of the sanctions war with the West.
While spot gas prices in Europe and Asia exceeded $ 1,000 per thousand cubic meters, and in the United States soared at a record speed in 10 years, China continues to buy gas from the Russian gas giant Gazprom at bargain prices.
In the third quarter of 2021, the average cost of gas, which flows through the $9 …
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Russia accuses American warship of violating its border
A US Navy destroyer attempted to cross Russia's border in the Sea of Japan, said the Russian Defense Ministry.
The incident occurred around 17.00 GMT in the area, which Moscow declared closed to international shipping due to joint exercises with China, reports Interfax citing a statement of the Russian Defense Ministry.
The drills were held the day before and are due to last until October 17. The American destroyer USS Chafee (DDG 90) has been in the area for several days.
According to the …
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Kremlin: Finland’s banks closing accounts of Russian companies
Banks in Finland are refusing to open and are also closing the existing accounts of Russian businesses, said the trade mission of the Russian Federation to Finland.
The problem arose in 2015 after a wave of Western sanctions in response to the annexation of Crimea and the war in the Donbas, and since then has not been resolved.
"Such cases are far from isolated, and this is of particular concern," said the head of the Russian trade mission Anton Loginov during a round table with Finnish …
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Number of scientists in Russia falls to a multi-year low
Russia continues to lose research scientists, reducing scientific personnel, contrary to the announced plans to make a technological "breakthrough".
At the end of 2020, the number of people employed in the field of scientific research and development fell by another 3.2 thousand and amounted to 679.3 thousand - about 1% of the average working population.
The number of scientists-researchers fell by 1.7 thousand people. And their total number - 346.5 thousand - was the lowest in at least the …
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Transneft’s subsidiary in Belarus on verge of bankruptcy
After a year of calm relations between Russia and Belarus in the oil sector are again beginning to deteriorate.
Russian oil giant Transneft is considering the possibility of terminating the operations of its Belarusian subsidiary due to a sharp increase in taxes and pressure from Belarusian law enforcement agencies.
Zapad-Transnefteprodukt, which supplies gasoline from Russian and Belarusian refineries to Hungary and Latvia, may suspend activities, Transneft President Nikolai Tokarev told …
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Putin: Russia has won nuclear arms race with the United States
For the first time in its history, Russia has been able to overtake the United States in high-tech weapons systems, President Vladimir Putin said at a plenary session of Russian Energy Week.
According to Putin, the United States is only developing hypersonic missiles with a speed of slightly more than Mach 3.
"And our systems are flying at speeds in excess of Mach 20. It's not just a hypersonic missile, it's an intercontinental missile. And they are on combat duty already in Russia," Interfax …
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Kremlin: Russians will remain without American visas for a long time
Negotiations with the United States on restoring the normal work of embassies after the mass expulsion of diplomats ended in vain, Russian Deputy Foreign Minister Sergei Ryabkov told Interfax.
Consultations with US Deputy Secretary of State Victoria Nuland, who visited Moscow on October 11, according to Ryabkov, were held "openly and quite frankly", but did not bring progress.
"Those subjects - visas, the conditions for the functioning of diplomatic missions, the rotation of diplomatic …
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Russia puts forth conditions for increasing gas supplies to EU
Russian authorities are pushing for new long-term contracts with Gazprom to boost gas supplies and cool the European market, where prices have soared above $1900 per thousand cubic meters and storage reserves are at historic lows.
Russia already supplies the maximum possible volumes as part of the existing contracts, said Russian presidential spokesman Dmitry Peskov.
Contractual obligations are fulfilled "impeccably" and "at the top level", he stressed, adding that the supply of additional …
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Kremlin: Russia does not accept American military presence in Central Asia
Russia does not accept the US military presence in the countries of Central Asia, said Russian Deputy Foreign Minister Sergei Ryabkov after a meeting with US Deputy Secretary of State Victoria Nuland, reports TASS.
"We emphasized the unacceptability of any form of American military presence in Central Asian countries," Ryabkov said.
He explained that he had discussed Afghanistan with Nuland. The US Under Secretary of State flew to Moscow the day before to discuss bilateral relations, as well …
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EU imposes sanctions on 8 more individuals responsible for annexation of Crimea
The European Council has imposed sanctions on 8 more people responsible for Russia's annexation of Crimea.
"The persons added to the EU sanctions list include law enforcement officials - judges, prosecutors and security officers - responsible for enforcing Russian law in the illegally-annexed Crimea and Sevastopol. Those individuals have taken biased decisions in politically-motivated cases, and prosecuted or oppressed opponents of the illegal annexation of Crimea and Sevastopol," reads the …