Tag Archives: russian

The European Union’s foreign ministers have not agreed on a ban on Russian oil and natural gas imports, Head Representative of the European Union for Foreign Affairs and Security Policy Josep Borrell said on Monday, adding that discussions on the issue will continue. The energy ban was expected to be …

Hungary is ready to accept the new ruble-based payment mechanism for Russian gas to secure the country’s energy supplies, Foreign Minister Peter Szijjarto told a news conference on Monday. “As for paying in rubles, we have a solution that does not violate any sanctions but at the same time it …

State-owned company Russian Railways has been ruled in default after failing to pay a bond coupon due on March 14. An attempted payment to shareholders was blocked last week by Western financial institutions. The International Swaps and Derivatives Association (ISDA) announced on Monday that “a Failure to Pay Credit Event …

Denmark is transferring some 400,000 gasified households to other energy sources in an effort to end its dependence on Russian gas, the country’s prime minister, Mette Frederiksen, said in an interview to Berlingske newspaper on Sunday. “We will switch [the households] to central heating or individual heat pumps, where it …

Rosatom, Russia’s state-owned nuclear company, has announced that four of its employees who had been held by the Ukrainian authorities since late February have been freed as part of a prisoner swap and returned to Russia. On Sunday, Tatyana Moskalkova, Russia’s top human rights official, was the first one to announce the …

The Latvian port city of Ventspils may soon encounter difficulty safely storing some 40,000 tons of liquid ammonia, city council chairman Janis Vitolins told LETA news agency on Sunday. The hazardous material is owned by Ventamonjak, the company that runs the liquid ammonia terminal located at the local port. The …

Russian Olympic Committee (ROC) medalists at the Beijing 2022 Winter Olympics won’t be able to be rewarded with foreign cars and will receive cash instead, as confirmed by the Olympians Support Fund. Match TV reported that the rare change of policy would have to be made due to complications arising from the …

A complete cessation of Russian gas supplies could damage Germany’s energy-intensive enterprises, especially glassmakers, German TV channel Das Erste reported, citing industry insiders. According to the publication, producing glass involves the raw materials at glass-producing factories being heated to 1,600 degrees Celsius, and then maintained at this temperature around the …

Fourteen Russian sailors seized by Ukrainians on a cargo vessel in February have now been rescued, according to Tatyana Moskalkova, Russia’s top human rights official. The crew of the cargo ship Azov Concord “has been freed and is being evacuated to safety by our troops,” Moskalkova wrote on social media …

On April 2, Lithuania became the first EU country to declare that it was completely abandoning Russian gas. The announcement was made amidst Moscow’s ongoing military assault in Ukraine and came after the Kremlin announced a new payment procedure for countries deemed “unfriendly.” Under the new rules, importers from the …