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Merkel: Europe will completely abandon Russian gas in 25 years
EU countries will completely abandon gas imports from Russia within 25 years, said German Chancellor Angela Merkel after meeting with Ukrainian President Volodymyr Zelensky.
According to Merkel, moving away from gas is necessary for the implementation of the policy of climate neutrality adopted by the European Union.
"At the latest in 25 years, gas from Russia to Europe will not be exported at all or in much smaller volumes," Merkel warned. It is necessary that not only Moscow but also Kyiv …
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Ukrainian President: likelihood remains that Nord Stream 2 will not be launched
Ukraine should use the time required to launch the Nord Stream 2 gas pipeline to protect its interests and energy security, said Ukrainian President Volodymyr Zelensky in an interview with the journalists from Washington Post, Liberation, Funke Media, NV and Novaya Gazeta.
Zelensky noted that Nord Stream 2 is among the priorities on the agenda of his meeting with US President Joseph Biden in Washington.
"It still has a long way to go, even if 1% of the work remains until the full completion …
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Ukraine planning to build helicopter repair center in Turkey
The Ukrainian company Ukrspetsexport, which is a subsidiary of the Ukrainian national defense holding Ukroboronprom, signed a contract with the Turkish company THK Teknik A.Ş for building a center for the repair of Mi-17 helicopters, reports Ukroboronprom’s press service.
Director General of Ukrspetsexport Vadim Nozdrya stressed that “recently military-technical cooperation between Ukraine and Turkey has reached a qualitatively new level, being one of the main elements of the partnership …
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Russian gas giant Gazprom drastically reduces transit through Ukraine as gas prices in Europe reach record highs
Gas price in Europe continues to reach new highs and is rapidly approaching $600 per thousand cubic meters.
On Monday, October gas futures on the ICE exchange jumped by 8% and reached $588 per thousand cubic meters.
Contracts pegged to the quotes of the EU's largest gas hub, TTF, are trading at around $584.5 per thousand cubic meters, up 6.7% for the day, 12% since the beginning of August and 195% since the beginning of the year.
Amid the new rally, Ukraine put up for action additional …
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Turkish Bayraktar intends to start military drone production in Ukraine
The Turkish manufacturer of unmanned aerial vehicles (UAVs) Baykar is developing an investment plan for the construction in Ukraine of a research center for advanced aerospace technologies and a UAV production facility, said Baykar’s Deputy General Director for Investments, Natalia Ozden.
"Baykar intends to invest in Ukraine and is now developing an appropriate investment plan," she said during the International Defense Investment Forum in Kyiv.
According to her, the project provides for 100 …