As this year's Asia-Pacific Economic Cooperation (APEC) summit is paying particular attention to the energy cooperation given the changing structure of the world energy market, the member countries are considering an increase in liquefied natural gas (LNG) trade in the region.
Ukrainian society is sufficiently well informed about the situation with gas, coal. But the theme options and stocks of nuclear fuel - at the periphery of public attention, although it is well known that the main suppliers for Ukrainian NPPs is Russia. Ukraine annually buys fuel for approximately $ 600 million. The scale in monetary terms, of course, be compared with the gas, which until recently was purchased for the sum of an average of more than $ 12 billion. Per year. But potential problems with nuclear power are no less palpable than gas or coal.
In the near future Poland may get financing from the European Union for the purpose of construction of a new gas pipeline between Poland and Lithuania. Yet the EU authorities are holding required consultations, and provided the decision is positive, Poland shall get three hundred million EURO to accomplish the project.
Stratfor analyst Eugene Chausovsky reflects on the Baltic states' recent announcement of a joint venture company for Rail Baltica and examines the project's regional context and implications.
President Rakhmon should revise country’s foreign policy and economic course in order to preserve stability in Tajikistan. Presence in the area of Russia’s influence bears fundamental risks both for political regime in Tajikistan and general security system of the country.
Over 9 years the countries of the European Union have invested in Kazakhstan $95 billion, this has been announced today at a briefing themed "The implementation of the investment policy as part of industrialization".
Net contribution of immigrants from Poland and other new EU members to Britain amounted to £5 billion, finds a new report by the University of London.
Turkey The events in Afghanistan should not affect stability in Central Asia, President of Turkey Recep Tayyip Erdogan said at the joint press conference following the bilateral talks with President of Turkmenistan Gurbanguly Berdymuhamedov on November 7 in Ashgabat.
President Dalia Grybauskaitė met with the President of the Federal Republic of Germany, Joachim Gauck. Taking part in the meeting on the eve of the 25th anniversary of the fall of the Berlin Wall were also Latvian President Andris Bērziņš and Estonian President Toomas Hendrik Ilves. The presidents discussed the security situation in the region and ways to counter newly emerging threats.
The Hungarian parliament has approved a law on Monday which allows building the South Stream gas pipeline without approval of the European Union. The European Commission has already demanded an explanation from Hungarian authorities.