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Nalchik runway to be repaired at Nalchik airport

The repair of a runway began today at the Nalchik airport, the administration of the airport reports. ”Everything is fine, the repair has already begun," TASS quotes the representative of the airport. Earlier, the …

Natural Gas Europe: efficient oil strategy of Azerbaijan

When the Soviet Union (USSR) collapsed in the early 90s, Azerbaijan like other post-soviet countries faced the economic crisis. Due to isolationist economic policy of USSR, the economic relations of Azerbaijan with other countries outside the …

Russia freezes gas production

Russia does not plan to increase gas production in 2018, freezing it at the level of 2017, Russian Minister of Energy Alexander Novak said, adding that everything will depend on the weather conditions. "As for …

Putin stresses importance of competition in Russia

Russia's President Vladimir Putin called on all levels of the government to take measures to increase competition. "You know how formidable the challenges are our country is facing now. Their solutions require …

Finland approves Nord Stream 2 laying

The Government of Finland issued a conditional permit to use its exclusive economic zone for construction of the Nord Stream 2 gas pipeline, the government’s office said. "The decision [was made] in respect of using the …

Trump: US lost trade war with China years ago

US President Donald Trump said the United States lost its trade war with China many years ago. "We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who …