Bulgaria has reportedly inked a deal on a new “gas corridor” with Romania and Greece which will be completed in 2018, and is expected to cut the country’s almost total dependency on Russian natural gas.
Poland has approved the purchase of US Patriot missiles, the country’s defense ministry confirmed on Tuesday. Warsaw also said it will buy helicopters from the European firm Airbus, which will cost the country $8.6 billion.
Chinese President Xi Jinping has arrived in Pakistan on Monday on his first visit to the country in nearly a decade. He is reportedly going to announce a $46 billion investment in energy and infrastructure.
Russia’s Rosneft is reporting it has finished drilling the world’s longest oil well at the Chayvo field, part of the Sakhalin-1 project. The use of unique ExxonMobil technology is one of the key factors behind the record.
If individual American states keep their own sanction against Iran it will certainly make things more complicated but is unlikely to become the determining fact in the fate of the nuclear deal with Tehran, Jim Jatras, a former US diplomat, told RT.
Iranians and Americans want peace, but a small but very wealthy and powerful group of oil corporations and military contractors in alliance with Israel want further hostilities throughout the Middle East, claims Caleb Maupin, International Action Center.
On Tuesday Russia officially becomes a founder of the China-led Asian Infrastructure Investment Bank (AIIB). It means Russian companies can take part in infrastructure projects in the Asia-Pacific region, and could attract foreign investment into Russia.
Russia and Greece are to sign a memorandum of cooperation on the construction of a new pipeline in the Turkish Stream project which will deliver Russian gas to Europe via Greece, according to the Greek energy minister.