Ukraine would like to pump gas from Turkmenistan and Azerbaijan via the Russian pipelines. Nikolai Azarov, chief of the Ukrainian Cabinet of Ministers, said that the agreement on free trade zone in the CIS offers such an opportunity.
Ukraine hopes that by the end of 2014 it will conclude an agreement on deliveries of gas from Azerbaijan, Ukrainian Premier Nikolai Azarov said in his interview to MIR 24 TV channel.
“If we get gas from Azerbaijan, we will have to pump it either via Russian gas pipeline, or build the gas liquefaction plant and buy the tankers for transportation. These are huge costs and it is clear that this plan can hardly be implemented. But I would like to remind that when we signed and ratified the agreement on free trade zone in the CIS, we have agreed that the countries will have no access to the unified transport system, including the pipeline one,” said Ukrainian official.
“We are going to start negotiations on the direct purchase of gas not only in Azerbaijan, but also in Turkmenistan and may be in other CIS member-states,” concluded Nikolai Azarov.
Ukraine is looking for the possibilities to diversify the gas deliveries to the country. Russia offered to reduce gas price in exchange for Ukraine’s joining the Customs Union.—0—
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review