American company Frontera Resources has found a 5 trillion cubic meter reserve of gas in Georgia, Georgian media reported. The media quoted the President of Frontera Resources, Steve Nicandros, who said that it can take up to 5 years for Georgia to begin exporting gas.

Steve Nicandros stated that this gas will flow to Turkey and the countries of Eastern Europe. Last year, Frontera Resources, which has been working in Georgia since the mid-1990s, came to an agreement with Ukrainian Naftogaz, …

In 2016 and 2017, the Russian Defense Ministry plans to replace 330 military bases and warehouses with 24 transshipment and logistics complexes.  One of these complexes will be located in Crimea, and five will be situated near the border with Ukraine.

The Russian newspaper, Kommersant, published a map showing the planned complexes.

The Ministry of Defense has said that these plans will reduce the spending of the military department by almost half, which would be 14.8 billion rubles.  They …

At a conference to review the results of the second meeting of the Advisory Board of the Southern Gas Corridor in Baku, the Minister of Energy and Natural Resources of Turkey, Berat Albayrak, stated that “the Southern Gas Corridor is an essential project in ensuring energy security.”  

According to him, Turkey strongly supports the implementation of the Southern Gas Corridor project, as reported by Trend.

He also thanked Azerbaijan for arranging the meetings for the Advisory Board of the …

Today, at a UN Security Council session, the British Ambassador, Matthew Rycroft, stated that sanctions against Russia would remain in effect until Moscow removes their weapons and personnel from the Donbas and influences local militias to cease hostilities.

“Now we need a sustained ceasefire in The Donbas,” he said. According to him, the Russian Federation should “show political will” in order to restore Ukraine’s sovereignty and fulfill its international obligations, UNIAN reported.

“Russia …

Political and social conflicts are increasing around the world and as conflict escalates, the influence of religion on politics is growing and authoritarian tendencies are intensifying.  This is evidenced by the publication of the Bertelsmann Transformation Index (BTI) for 2014-2016 on Monday, February, 29th. The BTI is a survey of political and economic developments in 129 developing and transitional countries.

Russia is currently at 81st place in the BTI ranking, dropping four positions …