Starting from the date of Ukrainian-Russian conflict it is not secret for anyone, that the Russian Federation leverages every opportunity to wage its trade and economic war against Ukraine. Russia continues to use financial pressure, energy blackmail, transit and transport blockade, ousting Ukrainian producers from traditional markets, discrediting our companies on international markets, investment penetration into Ukrainian markets via front firms. There is data that the Russian Federation has developed a “register” of Ukraine’s so-called “pressure points”, the main purpose of which is to inflict the greatest possible damage to the economy of our country. The central place in the lists is occupied by the flagships of domestic industry, Ukrainian ports and transport infrastructure, fuel and energy companies, the defense industry. Continue reading “Russian destructive impact on the economy of Ukraine” »
Capable Logistician 2019 took place from 3- 13 June at Drawsko Pomorskie Training Area (DPTA) in Poland. The live field exercise was conducted by 12 units, “Multinational Integrated Logistic Units” (MILUs), and focused on command logistics and optimization of energy sources. It was an intensive multidisciplinary activity conducted according to NATO policies and standards. Smart Energy Unit is the most innovative between the units of this programme. Continue reading “NATO Smart Energy Capable Logistician 2019: the Italian Air Force at the forefront” »
Macedonia is highly ranked in terms of energy reforms implemented by the Government and the Ministry of Economy. In the Report on Sustainable Development of the Energy Community, dedicated to the countries of the Western Balkans, the Republic of Macedonia is ranked first in the region in terms of progress in the implementation of energy reforms. Macedonia has the highest ratings on the list of six Western Balkan countries, in the area of energy efficiency, renewable energy, environmental protection, transparency and investment conditions in the field of energy.
Thanks to the dynamics of the energy reforms, Macedonia this year ranks first, and in the Report for Sustainable Development of the European Energy Community for June 2017, it was ranked in the group of countries with significant stagnation in relation to sustainable energy reforms. By the end of March, the Macedonian government approved the new Energy Law, proposed by the Ministry of Economy, and the adoption of this law mainly has an economic impact, since it marks the end of the monopoly and the granting of the right to choose consumers, which means that small and medium enterprises, as well as households, will have the right to choose a supplier of electricity and natural gas.
Head of the Atomic Energy Organization of Iran Ali Akbar Salehi warned of a “special surprise” if the Trump administration goes ahead with its threat to scuttle the Joint Comprehensive Plan of Action (JCPOA). “The enemies should know that in case of a JCPOA rollback – even though we are never looking for such a situation – special conditions will arise, and when the high-ranking officials decide, there will be a special surprise for those who scuttle the agreement,” he said Thursday, Press TV reported. “We are seriously looking to preserve our national interests and sovereignty, but if the United States withdraws and Europe and other great powers retreat from this agreement, we will definitely do something different,” he added.
16 projects with a total investment estimated at over $25 billion are being planned to be implemented in the Mediterranean over the coming four years. Egypt continues to work on increasing Zohr gas production. Furthermore, the second stage of the West Nile Delta fields will start production at the end of the year. According to the minister of Petroleum and Mineral resources, al-Mulla, Egypt will achieve self-sufficiency in gas production by the end of 2018 and will stop importing liquefied gas.
During a ceremony in the capital Ankara on April 3, Turkey and Russia launched construction of Turkey’s first nuclear power plant in the province of Mersin. Erdoğan said that the Akkuyu plant will become the 56th nuclear plant under construction in the world and the first reactor of the Akkuyu plant will put into operation in 2023. Erdogan added that the relationship with Russia is very important, referring to an agreement for Ankara to purchase long-range S-400 missile defense systems from Russia and the Turkstream natural gas pipeline project to transport Russian gas. Putin said that they are founding Turkey’s nuclear sector and they aim to produce the first energy unit in 2023, on the 100th anniversary of the Republic of Turkey. He added that the nuclear plant will supply 10 percent of Turkey’s electricity demand. The plant will have a capacity of 4,800 megawatts in four units and a working life of 8,000 hours per year. In the first phase of the construction, two units with a capacity of 2,400 megawatts are planned.
Turkey’s TAEK atomic energy authority on April 2 granted Russian builder Rosatom a construction license to start work on the first unit of the Akkuyu nuclear power plant. Meanwhile, Turkey’s approval for Gazprom’s onshore portion of the TurkStream gas pipeline’s second line is still pending, Russian Energy Minister Alexander Novak said on April 3. All permissions for the offshore part have been received and it is under construction, he added. Akkuyu nuclear plant will be built by Russia’s Rosatom on the Mediterranean coast for a price tag of $20 billion. Rosatom holds a majority share in the plant with 51 percent, while 49 percent was originally planned to be divided between a Turkish consortium of three contracting conglomerates under the name Cengiz-Kolin-Kalyon (CKK), but Kolin and Kalyon decided to pull out of the project because of an inability to agree on commercial terms. Rosatom has said it is talking to Turkish state electricity producer EÜAŞ as a new shareholder in the project.
In November of last year delegations from Egypt, Sudan and Ethiopia met in Cairo to approve a study by a French firm tasked with assessing the environmental and economic impact of the dam on downstream countries. But negotiations stalled. Now FM Shoukry will fly to Khartoum for talks with Sudanese and Ethiopian officials aimed at resolving the impasse over the hydroelectric dam Addis Ababa is building on a Nile tributary. Cairo fears that the dam will reduce the supply of Nile water. Ethiopia, which is the only one financing the dam, affirms that the project will not harm Egypt, while Sudan underlined that it will provide the country with energy and irrigation.
Finance Minister Abderrahmane Raouia said on Saturday that the government could end gas price subsidies from 2019 and other subsidies from 2020.Mr. Raouia’s announcement was made in Dubai on the sidelines of the meeting between the Arab Finance Ministers and the International Monetary Fund (IMF). The minister did not specify which subsidies could be cut in 2020, simply recalling that the state subsidizes a wide variety of goods and services such as electricity, bread and oil. Abderrahmane Raouia justified the announcement by the fact that the state aims to eliminate its budget deficit in three to four years.
The Defence Ministry said China carried out a successful test of its anti-missile intercept system on Monday, adding that the test was not targeted at any particular country. The exercise involved ground-based mid-course interception missile technology and is used to knock out incoming ballistic missiles during the middle phase of their flight. The exercise took place amid simmering tensions over North Korea and rising concerns about India’s growing missile capabilities.
Economic talks between the United States and Japan, tackling topics from persimmons and potatoes to energy and infrastructure, have helped keep Tokyo clear of protectionist moves such as those that recently hit Chinese solar panels and South Korean washers. Japan hopes that “let’s talk” approach – plus warm personal ties between Prime Minister Shinzo Abe and President Donald Trump – will keep friction in check. But officials and lawmakers say the outlook could change if the unpredictable U.S. leader turns his attention to Tokyo’s 7 trillion yen ($63.62 billion)trade surplus ahead of U.S. congressional elections in November. Also efforts to showcase the U.S.-Japan security alliance in the face of North Korea’s nuclear and missile threats will probably take precedence over trade when U.S. Vice President Mike Pence visits Japan from Tuesday, officials on both sides said.