• Gazprom withdraws application for Nord Stream 2 route through Denmark

    Nord Stream 2 AG, the subsidiary of Russia’s oil giant Gazprom which owns the project, has withdrawn the application to lay the Nord Stream 2 gas pipeline in the territorial waters of Denmark, South of Bornholm island in the Baltic sea, that was submitted in 2017, RBC news agency reports. Two other applications with proposals to place a gas pipeline North-West or South-East of the island, outside Danish territorial waters, remain in force.

    "This step was necessary, because more than two years …

  • Kremlin: Russian Finance Minister and US Secretary of Treasury will meet to discuss trade increase

    The Press Secretary of the Russian President Dmitry Peskov said on Russia 24 TV channel that the Russian Finance Minister Anton Siluanov will meet with his American counterpart Steven Mnuchin.

    According to him, US President Donald Trump said that the volume of the current US trade with China and Russia, is "shameful," so it is necessary to resolve this issue.

    He added that both sides expressed their determination to take steps to bring trade and economic relations between the countries out of …

  • Kremlin: Putin and Trump discussed satiation with detained Ukrainian sailors

    The Press Secretary of Russian President Dmitry Peskov reported that, at a meeting with Russian President Vladimir Putin, the President of the United States, Donald Trump  raised the issue of the release of the Ukrainian sailors, reports Interfax news agency. "President Trump started a discussion on this subject. President Putin gave the necessary explanations," Peskov said.

    The meeting of the presidents during the G20 Summit was almost an hour and a half long. The American side reported that …

  • Kazakhstan’s economic growth 6 times faster than Russia’s

    Kazakhstan’s economy is reaffirming its status as one of the fastest growing economies not only among former Soviet states, but even in all of Central Asia, finanz.ru reports.

    Amid the launch of the country’s largest oil field, Kashagan, and a boom in uranium mining, in which Kazakhstan has been number one in the world for seven years, the country’s GDP has been growing nearly six times faster than Russia’s.

    At the end of January-May, government statistics placed the country’s economic growth …

  • Russia exporting Donbas coal to 19 countries

    Coal mined in the Donbas, the separatist-controlled region of eastern Ukraine, is being exported by Russia to 19 countries, LIGA.net reports, citing an investigation by a major Ukrainian energy company, whose name is not mentioned.

    The study notes that the primary consumers of Donbas anthracite are Europe and Turkey. In previous studies, only Poland and Turkey were mentioned.

    Between March 2017 and December 2018, Turkey bought more than 3 million tons of anthracite that had been mined in the …