• Ukraine unveils warhead of Crimean Bridge ‘destroyer’ missile

    Ukraine has unveiled the warhead of the self-guided “Neptune” missile, the Ukrainian publication Defense Express reports.

    The Neptune missile is anti-ship, subsonic and low-altitude, with a maximum range no greater than 300 km. Neptunes are designed to destroy land targets and ships with a displacement of less than 5,000 tons.

    The missile was developed on the basis of the Soviet-era X-35 missile by the Luch Design Bureau. It was first demonstrated in 2015 and first tested in 2016. In 2018 …

  • Russia urges Ukraine to extend Donbas special status law

    The Russian delegation to the Trilateral Contact Group (TCG) has urged Kyiv to enter into direct negotiations with the so-called Luhansk and Donetsk Peoples Republics about enshrining the special status of the Donbas in Ukraine’s Constitution, said Russian representative to the TCG Boris Gryzlov, as cited by Interfax-Ukraine.

    The Russians are concerned that the Ukrainian law on the special status of the Donbas expires on December 31.

    “The Russian delegation urged Kyiv to ensure that this law …

  • Ukrainian Foreign Minster: Zelensky and Putin unlikely to meet in Kazakhstan

    Nursultan Nazarbayev did in fact offer to help Ukrainian President Volodymyr Zelensky arrange a meeting with Vladimir Putin, but it was an offer without specifics, Ukrainian Foreign Minister Vadym Prystaiko told BBC in a comment.

    Prystaiko explained that he was present at the meeting between Nazarbayev and Zelensky in Japan, where the matter was discussed. According to the foreign minister, the former president of Kazakhstan made a “general offer to help organize such a meeting”, which was …

  • Ukraine’s Naftogaz strikes again at Gazprom

    Naftogaz of Ukraine has managed to have the accounts of GazAsia Capital S.A., the company that placed Gazprom’s yen-denominated eurobonds, frozen, Interfax reports, citing a memorandum on the Russian company’s new eurobond placements.

    GazAsia Capital S.A. is an SPV company, created for a specific purpose. Through it, Gazprom placed 10-year bonds for 65 billion yen (approximately $595 million) in December last year. Now, GazAsia does not have the right to make payments to Gazprom, Lenta.ru …

  • Russia’s Gazprom sues EU for loss of Nord Stream 2 capacity

    Nord Stream 2 AG, the Swiss subsidiary of the Russian company Gazprom, has taken the EU government to court regarding the gas legislation amendments that prohibit the Russian company from using more than 50% of the capacity of the Nord Stream 2 gas pipeline.

    As reported by Interfax, Gazprom informed potential investors about the start of the litigation through a memorandum on the placement of Swiss franc-denominated eurobonds that is scheduled to take place in mid November.

    Gazprom believes …