NATO Surpasses Russia in Ammunition Production, Rutte Says
NATO has regained the upper hand in ammunition production, surpassing Russia after a period during which Moscow outpaced the alliance
Moscow has sent two offers to Ankara relating to the Turkish Stream project, apparently showing readiness to decouple the construction of a pipeline for gas deliveries to Turkey from the proposed pipes for transit of Russian gas to Europe.
"We’ve sent two offers to Turkey, one - on one line and another - on four lines. Currently, the Turkish side is considering those offers," TASS news agency quoted a Russian Energy Ministry official as saying on Friday.
Russia’s Energy Minister Alexander Novak said last week that Moscow is ready to sign an intergovernmental agreement for the construction of one line of Turkish Stream that will supply gas for the Turkish market only within a week or two. Novak also said the Turkish side was studying that proposal.
A source at Russia’s Energy Ministry told TASS earlier that the presidents of Russia and Turkey had agreed on a phased implementation of the project.
A separate intergovernmental agreement will be concluded for the construction of pipes 2 to 4, which are projected to carry gas to the EU via Turkish territory, according to the source.
Moscow had initially proposed that the construction of pipelines for gas deliveries to Turkey and transit to the EU market should be included in one package. Ankara, however, insisted that the project was split in two, with one intergovernmental agreement covering the pipline for deliveries to Turkey and a second one covering the proposed pipelines for gas transit to the EU.
Turkish Stream, which was proposed as a substitute to the cancelled Gazprom-led South Stream pipeline project, is projected to carry Russian natural gas to Turkey and the EU across the Black Sea.
The proposed annual capacity of the four lines of the pipeline is 63 billion cubic metres, of which Turkey is to take about 14 billion cubic metres. The remainder is proposed to be transited to a gas hub, to be built on Turkey’s border with Greece, for exports to Europe.
Swiss commodities trader Gunvor has withdrawn its offer to acquire the foreign assets of Russian energy company Lukoil after the U.S. Treasury Department labeled it a “Kremlin puppet” and made clear that Washington opposed the deal
Russian Foreign Minister Sergei Lavrov is reportedly losing influence within the Kremlin following a failed exchange with US Secretary of State Marco Rubio
Iran has announced plans to build eight new nuclear power plants with Russian support as part of a major expansion of its clean energy sector
The planned summit between US President Donald Trump and Russian President Vladimir Putin in Budapest has been canceled
Russian Foreign Minister Sergey Lavrov has said that Moscow is ready to offer "security guarantees" to countries in the European Union and NATO
Hungarian Prime Minister Viktor Orban has confirmed that a planned summit in Budapest between US President Donald Trump and Russian President Vladimir Putin remains on the agenda
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence