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Europe’s Gas Diversification Comes at a High Price: Analysis


Diversification is a key dimension of the current EU Energy Union policy, but diversification means different things: it can mean switching to other suppliers to take less – in this case – Russian gas, as well as limiting Russia’s dominant position in the market through the availability of alternative supplies …

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EBRD Pushes on With Azerbaijan Gas Loan After Transparency Rift

EBRD Pushes on With Azerbaijan Gas Loan After Transparency Rift

The European Bank for Reconstruction and Development is pushing ahead with plans to lend $500 million to Azerbaijan’s Southern Gas Corridor project after the nation was suspended from an international oil-wealth transparency watchdog. The development bank is “progressing” its financing to the $40 billion pipeline project with a final board decision expected …

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TAP AG Completes Trans Adriatic Pipeline’s First Hydrotest


TAP AG, the consortium building the Trans Adriatic Pipeline (TAP), has successfully completed its first hydrotest in Greece, reads a message on TAP’s website. “Also known as hydrostatic testing, this is a method for verifying a pipeline’s safety after it has been built,” said the message. “The pipeline is filled …

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Moscow Hosted Russia’s Largest Conference on blockchain and Cryptocurrencies


Moscow-based Digital October hosted an annual, Russia’s largest conference, dedicated to blockchain and cryptocurrencies, – Blockchain & Bitcoin Conference Russia. It gathered 750 visitors and 30 speakers – blockchain practitioners and theoreticians from Europe, America, and Africa. Blockchain & Bitcoin Conference has been held in Moscow for the fifth time. …

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Commercial Gas Output to Reach 40 bcm in Azerbaijan


The volume of commercial gas production in Azerbaijan will reach 40 billion cubic meters per year until 2025, said Nazim Samadzade, first deputy head of the Gas Export Department of Azerbaijan’s state oil company SOCAR. He made the remarks during the conference titled “The 2nd SOCAR International Caspian and Central …

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Ukraine to Launch Big Blockhain Deal with Tech Firm Bitfury


Ukraine has partnered with global technology company the Bitfury Group to put a sweeping range of government data on a blockchain platform, the firm’s chief executive officer told Reuters, in a project he described as probably the largest of its kind anywhere. Bitfury, a blockchain company with offices in the …

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Ukraine Ready to Join Creation of New Transport Corridors

Ukrainian Prime Minister Groysman attends government meeting in Kiev

Ukraine is ready to join creation of new transport corridors within the framework of developing its transit potential and connect to the existing routes, Ukrainian Prime Minister Volodymyr Groysman said, according to the website of the Ukrainian government. He said the routes include the South-Western direction from Central Asia via …

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Johannes Hahn: Eastern Partnership Success is Based On Our Shared Values

Johannes Hahn

Johannes Hahn, Commissioner for European Neighbourhood Policy and Enlargement Negotiations, will participate in the Ministerial Meeting on the Eastern Partnership in Warsaw on 12 April. The meeting will bring together Ministers of Foreign Affairs from EU countries, as well as from Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. The participants …

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