• Russia says new US sanctions illegal, demands explanations

    New US sanctions imposed earlier against Deputy Minister of Energy of Russia Andrey Cherezov and Head of department of this Ministry Evgeniy Grabchak are illegal, said Russian Minister of Energy Alexander Novak, adding that the Ministry would wait for clarifications from the US, TASS reports.

    According to Novak, no arguments about the introduction of sanctions were provided. “People are working, performing their functions, government functions, they continue working and such prohibitions only …

  • Russian liquefied gas delivered to the United States despite sanctions

    Despite the new sanctions against Russian energy companies, which the US Treasury announced on Friday, the first batch of Russian-made liquefied natural has been delivered to the United States this weekend.

    As confirmed by Luke Pinneo, the representative of the US Coast Guard, the Gazelys tanker belonging to the French company Engie entered the territorial waters of the United States on Wednesday and is currently anchored in the Gulf of Massachusetts, the Voice of America reports.

    "They plan …

  • Kremlin: illegal capital outflow from Russia reaches $35 billion

    The illegal outflow of capital from Russia continues to accelerate, said Central Bank Deputy Chairperson Dmitry Skobelkin at a session of the State Duma Financial Market Committee.

    One of the most popular ways to do this is to give a loan which will never be repaid to an offshore company. The Russian legal entity which has transferred the money then declares itself bankrupt, and the offshore recipient can transfer the funds to a third company, allowing it to disappear virtually without a trace. …

  • US State Department Secretary: Nord Stream 2 undermines European security

    Washington and Warsaw share the common view that the Nord Stream 2 gas pipeline project undermines Europe's security and energy stability and gives Russia an instrument of political pressure, stated Secretary of State Rex Tillerson during a joint press conference with the Polish Foreign Minister Jacek Czaputowicz held on Saturday, January 27 in Warsaw.

    "Like Poland, the United States opposes the Nord Stream 2 pipeline. We see it as undermining Europe’s overall energy security and stability, …

  • Russia to reinforce security of military bases in Syria

    Russia plans to intensify the security of the Khmeimim and Tartus bases in Syria, Deputy Defense Minister Yuriy Borisov announced on Saturday.

    “Today we have prospective designs which may work effectively against drones. It is necessary to take into account the fact that it is not only developed countries, but terrorists too, who are making use of modern technologies,” he remarked.

    In January, militants attacked the Russian Khmeimim airbase in Syria using drones. The Russian military …