Category: Energy

EU-Azerbaijan: “attempts of blackmail will not succeed”

At July Plenary in Strasbourg MEPs recommended a list of conditions for a new EU-Azerbaijan agreement, underlining that the future deal must be ambitious and deliver concrete benefits; it has also to ensure respect to fundamental rights and freedoms; and must guarantee defeating  corruption, money laundering and tax evasion. Press release: MEPs list conditions for…

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Goudkov: dictatorship is uneffective

Russian opposition politician Dmitry Goudkov (reads ‘Goutkoff’) comments on proposal of a Senior adviser of Russian government Alexey Kudrin advocating a reduction of the state’s share in Russian economy and even the privatization of the oil industry. “What kind of privatization in today’s Russia can we talk about? There is no combination of an effective…

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Rosneft lost case in European Court

The decision of the European Court of Justice approval of sanctions against Rosneft company will translate in heavy burden for Russian citizens – according to new legislation as the ‘victim’ of the Western sanctions the company will profit from considerable tax advantages. Europe’s top court upheld European Union sanctions on Russia over the Ukraine conflict,…

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Russia to invest in windmills

Gazprombank will provide a loan of 64.6 billion rubles ($1.1 billion) to the Rosatom state nuclear corporation for the wind farms construction in Russia, according to the Rosatom procurement website, Russian Radio Sputnik reports. VetroOGK, part of Rosatom, will attract 64.6 billion rubles from Gazprombank in two tranches. The amount of the first tranche is to stand at 57.4 billion rubles,…

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