• Naftogaz offers to make gas transit through Ukraine cheaper than Nord Stream 2

    On July 13, Naftogaz Ukraine sent a proposal to the relevant national commission proposing changes to the method for calculating natural gas transit tariffs which has been in place since 2015, reported the company’s press service.

    The price envisaged by the new proposal is $2.17 to transit 1000 cubic meters 100 km (with VAT and the fuel component). This is 20% less than the transit rate in the existing contract with Gazprom, and also 2.3 times smaller than the average cost of transit according …

  • President Poroshenko: cooperation between Ukraine and NATO has been increasing over the past four years

    Ukrainian President Petro Poroshenko stated that he recently met with US Army General Curtis Scaparrotti, the Supreme Allied Commander Europe of NATO Allied Command Operations and commander of the United States European Command.    The President noted the bilateral cooperation and stated that cooperation between Ukraine and NATO has been increasing over the last four years. He stressed that Ukraine is strengthening its defense capabilities and reforming the security sector because accession to …

  • Putin speaks about Trump’s position on Crimea

    President of the United States Donald Trump believes that it was unlawful for Russia to annex the peninsula of Crimea, Russian President Vladimir Putin stated in his press conference following talks with Trump in Helsinki.

    “The position of President Trump regarding the Crimea is known, he stands by it. He talks about the illegality of the annexation of Crimea to the Russian Federation. We have a different point of view. We believe that we held a referendum in strict accordance with …

  • Unidentified drones attack Russian Khmeimim airbase in Syria

    Unidentified drones attacked the Russian airbase Khmeimim in Syria, reported Telegram channel Directorate 4, which is monitoring the situation in the Middle East.

    Local residents said that they hear the sound of the air defense systems in the area of the air base.

    Russian air defense systems have repeatedly destroyed several drones which tried to attack airbase. The last drone attack took place in the Syrian province of Latakia on July 1. According to the Russian Ministry of Defense, the …

  • Putin assures Trump that Russia will continue gas transit through Ukraine

    At a joint press conference with US President Donald Trump in Helsinki, Russian President Vladimir Putin assured the US President that Russia will keep the transit of Russian gas through Ukraine after the construction of the Nord Stream-2 gas pipeline.

    Putin noted that during the meeting, Trump "expressed concern that the gas transit through Ukraine may stop."

    "I assured the president that Russia is ready to maintain this transit, moreover, we are ready to extend the transit contract, which …

  • Prime Minister of Hungary complains to Putin about EU’s anti-Russian sanctions

    The European Union’s anti-Russian sanctions have jeopardized Moscow-Budapest relations, said Hungarian Prime Minister Viktor Orban at a meeting with Russian President Vladimir Putin, the Kremlin press service reported. “I must say that we could develop even more [relations] if not for the harmful sanctions. Because of these measures, we are losing opportunities,” said the Hungarian Prime Minister. Moreover, Orban assured Putin that Hungary stands for the normalization of relations between …

  • Russia forced to make record loan repayments

    According to statistics published by the Central Bank of Russia on Thursday, after the April round of US sanctions, Russian banks and corporations have had difficulties with foreign debt.

    In the second quarter, repayment of loans from the West took a record $34 billion out of the Russian economy. Banks which, at the start of the year, had the opportunity to partially extend loans, have this time been unable to refinance a cent: over the last quarter they paid off $9.8 billion, which is even …

  • Media: EU imports record number of illegal Ukrainian timber

    Ukraine exports more illegal lumber to the EU than any other country – more than Latin America, Africa and South East Asia combined, Zerkalo Nedeli (the Mirror Weekly) reports, citing an investigation by the British ecological organization Earthsight.

    Despite the moratorium on deforestation, over the last four years the export volume of Ukrainian wood to EU countries has grown by 75%, exceeding €1 billion last year.The investigators estimate that 40% of this lumber was felled or sold illegally. …

  • Israel launches missile attack against Syria

    Israel launched missiles at a Syrian military base near Nayrab airport in the north of the country, SANA reports. According to the news agency, no one was injured by the attack. Only material damage was caused.

    On July 12, the Israeli Air Force launched air strikes on several facilities near the border city of al-Quneitra in response to the infiltration of the Syrian surveillance drone into Israel.

  • Media: Drone downed by Israel belonged to Russian military

    On July 11, Israel shot down a Russian Forpost drone which was supposedly engaged in reconnaissance of militant positions, reported the Directorate 4 Telegram channel, which also notes that the drone was a licensed copy of the Israeli Searcher drone.

    The drone was shot down by an MIM 104 Patriot anti-missile defense system stationed on the buffer zone of the Syria-Israel border.Military Informant says that the drone belonged to the Russian Aerospace Forces, and was downed several dozens of …