Archive for 'Russia'

Moscow does not want a military base in Cyprus

Moscow does not want a military base in Cyprus

Moscow does not want a military base in Cyprus but only services and facilities because Russia plans to make its presence felt in the turbulent Mediterranean region. This is what new Russian ambassador Stanislav V. Osadchiy [...]

Talks on interim gas supply fall through

Talks on interim gas supply fall through

By Elias Hazou TALKS with preferred bidder Itera on interim supplies of natural gas are officially at an end, the Natural Gas Public Company DEFA said yesterday. In a brief statement, DEFA said it had received [...]

Damascus agrees to cede chemical weapons to intl control – Syria FM

Damascus agrees to cede chemical weapons to intl control – Syria FM

The Syrian government agrees to Russia’s proposal to hand its chemical arsenal over to international control in a bid to avert a possible strike by the US-led coalition, Interfax reported citing the Syrian Foreign Minister. “Yesterday [...]

Syria divisions deliver a fractious G20 summit in St Petersburg

Syria divisions deliver a fractious G20 summit in St Petersburg

Divisions over Syria top the menu at a fractious G20 summit in St Petersburg. A spokesperson for the Russian presidency said any US attack on Syria was “another nail in the coffin of international law”, while [...]

ITERA proposal rejected

ITERA proposal rejected

NICOSIA – The government on Monday rejected an interim energy solution for the supply of natural gas to Cyprus from Russian firm ITERA. Energy Minister George Lakkotrypis said after a ministerial committee meeting headed by President [...]

Putin: US should present Syria evidence to Security Council

Putin: US should present Syria evidence to Security Council

Russian President Vladimir Putin has declared ‘utter nonsense’ the idea that the Syrian government has used chemical weapons on its own people and called on the US to present its supposed evidence to the UN Security [...]

Russia sends ships

Russia sends ships

MOSCOW Russia is sending two warships to the eastern Mediterranean, Interfax news agency said Thursday, as Western powers prepare for military action over last week’s alleged chemical weapons attack in Syria. Interfax news agency quoted a [...]

U.N. inspectors in new Syria mission as West prepares to strike

U.N. inspectors in new Syria mission as West prepares to strike

(Reuters) – U.N. chemical weapons investigators crossed Syria’s front line into rebel-held territory on Wednesday for a second visit to the scene of a poison gas attack that has triggered Western plans for war. U.S. President [...]

DEFA wraps up talks with Russia’s Itera

DEFA wraps up talks with Russia’s Itera

By Elias Hazou THE Natural Gas Public Company (DEFA) has wrapped up talks with Russia’s Itera on the potential interim supply to Cyprus of natural gas, and is now set to deliver a report to the [...]

Still important

Still important

NICOSIA – The competitiveness of Cyprus as an international business center and prospects for Russian companies and investors in the light of recent developments in Cyprus’ economy, will be discussed during a conference organized by the [...]

Moscow reiterates interest for Cyprus natural gas reserves

Moscow reiterates interest for Cyprus natural gas reserves

Moscow has reiterated its vivid interest for Cyprus’ natural gas by expressing once again its interest for the exploitation of the reserves in the island’s exclusive economic zone (EEZ). The interest was expressed during a meeting [...]

Military agreement

Military agreement

Moscow and Nicosia have reached an agreement over the use of the “Papandreou” air base in Paphos, in a similar arrangement that was agreed with France and Germany. According to a report in Phileleftheros the issue [...]

Gazprom making strong contribution to meeting growing demand for gas in Europe

Gazprom making strong contribution to meeting growing demand for gas in Europe

The Gazprom headquarters hosted today the Press Conference “Gas Export and Enhancing Reliability of Gas Supply to Europe” organized within the series of meetings among Gazprom’s top executives and media representatives on the threshold of the Company’s annual General Shareholders Meeting. Taking part in the Press [...]

DEPA: Gazprom Emerges as Likely Winner

DEPA: Gazprom Emerges as Likely Winner

As the privatization of Greece’s DEPA comes to a close, it appears Gazprom’s bid may be most successful, particularly after Alexei Miller made his third visit in less than two months for high-level negotiations with local political leaders. The process [...]

Defence Minister to visit Moscow

Defence Minister to visit Moscow

Defence Minister Photos Photiou will meet with Russian government and Duma officials, during his visit to the Russian capital, to discuss issues of mutual concern and bilateral relations.. According to an official announcement, Photiou departs for [...]

Alexey Miller and Antonis Samaras highly praise Russian–Greek cooperation in gas sector

Alexey Miller and Antonis Samaras highly praise Russian–Greek cooperation in gas sector

Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation paid a visit today to the Greek Republic. A working meeting between Alexey Miller and Antonis Samaras, Greek Republic Prime Minister took place as part of the visit. The parties [...]

Gazprom to develop Russia-wide Unified Gas Supply System

Gazprom to develop Russia-wide Unified Gas Supply System

Gazprom to develop Russia-wide Unified Gas Supply System by creating new GTS in East and connecting it to existing GTS in European part Saint Petersburg keeps hosting the III St. Petersburg International Gas Forum attended by Gazprom’s delegation. Alexey Miller Chairman of the Company’s Management Committee delivered a welcoming [...]

Israel, Turkey and gas

Israel, Turkey and gas

It is becoming evident that a veiled agenda underpinned the recent Turkish willingness to consider a rapprochement with Israel.   Word is that both Israel and Turkey are seriously entertaining the notion of constructing an undersea [...]

Cypriot bailout undermines confidence in the financial system, Putin says

Cypriot bailout undermines confidence in the financial system, Putin says

Cypriot bailout undermines confidence in the financial system, Putin says Nicosia, Apr 23 (CNA) — The Cypriot bailout undermines confidence in the financial system, Russian President Vladimir Putin has said. On April l2 the Euro area [...]

Russia not to ‘risk’ Turkey for Cyprus

Russia not to ‘risk’ Turkey for Cyprus

Russia will not put its relations with Turkey at risk by getting involved in big energy companies’ activities in oil and gas drilling off the coast of Greek Cyprus, Russian Energy Minister Alexander Novak has said. “There are still unsolved [...]

Cyprus and the emerging Mediterranean gas wars

Cyprus and the emerging Mediterranean gas wars

The bizarre drama currently playing out over a Cyprus “bailout/bail-in” has another entire dimension. That is a behind-the-scenes battle for control of the expanding EU natural gas market over the coming decades. For more than a [...]

Eurogroup throws the ball back at Cyprus

Eurogroup throws the ball back at Cyprus

EUROZONE FINANCE ministers last night urged Cyprus to protect small savers’ deposits while still coming up with €5.8 billion from a deposit levy so the island’s €10 billion bailout could go ahead. The Eurogroup appeared to [...]

Putin: Cyprus bailout deposit grab unprofessional & dangerous

Putin: Cyprus bailout deposit grab unprofessional & dangerous

The Russian leadership has lashed out at Cyprus’ plan to tax bank deposits. President Vladimir Putin called the initiative ‘unfair’, while Prime Minister Dmitry Medvedev drew comparisons with illegal forfeit. If Cypriot authorities go ahead with [...]

Cyprus people ‘shocked’ with bailout terms

Cyprus people ‘shocked’ with bailout terms

Cypriot President Nicos Anastasiadis is holding consultations with Ministers and lawmakers about the terms of the 10bln-euro bailout offered by the European Union, the European Central Bank and the International Monetary Fund. According to European papers, [...]

EU, IMF want Cypriot natural gas, but will get nothing – Archbishop

EU, IMF want Cypriot natural gas, but will get nothing – Archbishop

Cypriot’s moneylenders, namely the European Union and the International Monetary Fund, seek to get hold of the natural gas deposits that have recently been discovered south of Cyprus in the Mediterranean, but they will get nothing, [...]