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Ukraine unlocks gas imports from Romania
Ukraine and Romania have signed an interconnection agreement which will come into effect on January 1, 2020, the Operator of the Gas Transportation System of Ukraine (OGTSU), one of the signatories, announced on its website. Romania was represented by the company Transgaz.
The negotiations lasted more than three years, with mediation from the European Commission and the involvement of the operators of Bulgaria, Greece and Moldova.
The agreement will make it possible to freely transport gas to …
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EU extends sanctions against Russia for another six months
The Council of the European Union extended economic sanctions against particular sectors of the Russian economy for another six months. The sanctions will be in effect until July 31, 2020. The decision was made after French President Emmanuel Macron and German Chancellor Angela Merkel on December 12 informed the European Council on the progress in implementing the Minsk agreements by Russia, to which the extension of sanctions is related.
“Given that the Minsk agreements are not fully …
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Kremlin: NATO is preparing for large-scale conflict with Russia
NATO is preparing for a large-scale military conflict on its eastern borders, said Valery Gerasimov, Chief of Russia’s General Staff.
According to the Russian general, this is indicated by the military exercises in Europe and the redeployment of alliance troops in the east.
Russia is designated an enemy in NATO countries’ military doctrine, Gerasimov noted at a briefing for foreign military attachés.
During the NATO summit in December, the bloc confirmed that it is trying to learn how to …
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Belarus hikes tariff on Russian oil transit
The Belarusian company GomelTransNeft Druzhba plans to hike its tariff for transporting Russian oil through pipelines in Belarus by 16.6%, TASS news agency reports, citing the press service of Russia’s Federal Anti-Monopoly Service (FAS).
“If there is no agreement on the size of the tariffs between the pipeline transport organizations of Russia and the Republic of Belarus, the mentioned issue must be dealt with by the tariff regulation authorities of Russia (FAS) and the Republic of Belarus ( …
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Swiss Federal Supreme Court rejects Russia's appeal to cancel arbitration court ruling on Ukraine’s Crimean assets
Swiss Federal Supreme Court rejected Russia's appeal to cancel the decision of the International Court of Arbitration in favor of Ukrnafta, reports the press service of the Ukrainian company.
On April 12, 2019, the International Court of Arbitration ordered that Russia must pay Ukrnafta more than $44 million as compensation for the expropriation of Ukrnafta's assets in the Crimea.
In May, Russia appealed to Swiss Federal Supreme Court requesting to overturn the decision of the international …