Mar 7 2014 - 10:25
Tbilisi will host the Strategy of Monetary Policy International Conference today, initiated by the National Bank, Trend reports.President of the National Bank Georgy Kadagidze will open the conference. It will be attended by Masoud Ahmed, Director of the Middle East and Central Asia Department of the IMF, Zdenek Tuma, ex-Governor of the Czech Central Bank.
Mar 7 2014 - 10:06
Aeroflot has started making flights to Kazakhstan again, starting with Moscow-Karaganda-Moscow flights on March 10, Gazeta.ru reports.Aeroflot plans to open more flights in Kazakhstan.
Mar 6 2014 - 20:58
Ukraine’s national oil and gas company Naftogaz Ukrainy said Thursday that it has fully paid for January deliveries of Russian natural gas.The company, which still owes Russia’s energy giant Gazprom about $1.43 billion for gas delivered last year, did not specify the amount of payment, but Gazprom said last month that Ukraine had received gas supplies worth over $658 million in January.Naftogaz bought about 13 billion cubic meters of gas from Russia in 2013 at the rate of $400 per thousand cubic meters, reports RIA Novosti.
Mar 6 2014 - 18:32
The First Deputy Prime Minister of Crimea, Rustam Temirgaliev, said that theleadership of the Crimea region is preparing for entry into the ruble zone,if the majority of residents of the Crimean Peninsula in the referendumsupport entry into Russia. "Naturally, as a part of Russia, we will be in the Russian economicconditions, and, accordingly, in the ruble zone. We are preparing forentry into the ruble zone in case of a positive decision by the overwhelming
Mar 6 2014 - 17:36
South Korea will make a first payment of $550 million to Iran for imports of crude oil under an interim nuclear deal that has provided limited relief from sanctions, sources with direct knowledge of the matter said on March 5, writes Trend. The payment on Friday will come after Japan made the first and second oil payment to Iran in February and earlier this week.
Mar 6 2014 - 11:40
The lawsuit of Turkey against Iran over gas prices will continue at the International Court of Arbitration throughout the year, said Turkish Minister for Energy and Natural Resources Taner Yildiz, Trend reports.Turkey pays Iran $490 per thousand cubic meters, according to Turkish mass media. Turkey pays $355 for the same volume of Azerbaijani gas delivered through the Baku-Tbilisi-Erzurum Pipeline.The lawsuit was filed in March 2012, based on the deal Turkey and Iran signed in 1996.