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Russia warns of full-scale gas crisis in Ukraine

Russia warns of full-scale gas crisis in Ukraine

🕔11:21, 3.Jul 2014

Moscow, July 3  A full-scale gas crisis is looming in Ukraine unless Kiev settles its multi-billion-dollar debt to Moscow, Russian Prime Minister Dmitry Medvedev said Wednesday. “Ukraine does not pay for gas. Their debt is enormous. They are taking gas

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Russian navy launches new electric submarine

Russian navy launches new electric submarine

🕔11:37, 27.Jun 2014

Moscow, June 27  The Russian navy launched a new diesel-electric submarine, a latest addition to its Black Sea Fleet, media reported. The submarine was launched Thursday in a ceremony held in St. Petersburg, Xinhua reported. A navy official said that

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Russia seeks to make nuclear power cost-effective

Russia seeks to make nuclear power cost-effective

🕔14:41, 26.Jun 2014

Moscow, June 26 Making the case for nuclear power over coal or gas-based plants that hasten climate change, Russia’s atomic energy corporation has unveiled the “atomic kilowatt hour” as a new cost-effective product of immense importance to energy-hungry emerging economies.

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Russia eyes new strategic vision of cooperation with India

Russia eyes new strategic vision of cooperation with India

🕔10:38, 20.Jun 2014

New Delhi, June 20  Russia is eyeing a new “strategic vision” of bilateral cooperation with India in areas like nuclear energy and hopes this will be taken forward during President Vladimir Putin’s visit to India later this year for the

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Russia demands pre-payment for gas from Ukraine

Russia demands pre-payment for gas from Ukraine

🕔13:56, 16.Jun 2014

Moscow, June 16  Russian energy giant Gazprom Monday decided to introduce pre-payment regime with Ukraine’s Naftogaz company, as the latter failed to pay its multi-billion gas debt. “The decision was made because of the chronic nonpayment by Ukraine’s Naftogaz. Debt

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Russia to hit back at Western sanctions: Minister

Russia to hit back at Western sanctions: Minister

🕔10:39, 15.May 2014

Moscow, May 15  Foreign Minister Sergei Lavrov said Moscow may retaliate against Western sanctions if those countries continue confrontation, indicating possible blow to such payment systems as Visa and MasterCard. “We don’t want confrontation. But if the West continues its

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