Date: 6 months ago   Category: Energy

Novak expects expansion of cooperation in energy industry of the countries which have signed the Convention on the Caspian Sea — Rambler News Service


The convention on legal status of the Caspian Sea will allow the countries which have signed it - to Russia, Kazakhstan, Iran, Azerbaijan and Turkmenistan - to expand cooperation in the energy industry sphere, the Minister of Energy of the Russian Federation Alexander Novak "If to consider the convention through a prism of power cooperation of the Caspian states considers, it is possible to note that she offers big prospects for expansion and deepening of mutually beneficial cooperation in the energy industry sphere" — Novak whose words are cited by the press service of the Ministry of Energy of the Russian Federation has told. Novak has explained that the main conditions of construction of power infrastructure facilities are defined by article 14 of the document. "The convention provides that projects have to conform to the ecological requirements and standards enshrined in international treaties which participants are the Caspian countries, including the framework convention on protection of the marine environment of the Caspian Sea and the relevant protocols to her", - the minister has noted. "The convention is the basic document for coordination of still not resolved issues. It belongs, in particular, to differentiation of a bottom and a subsoil of the Caspian Sea on sectors which has to be carried out by agreement of the adjacent and opposite states", - Novak has emphasized. As it was reported earlier, on August 12, 2018 heads of the countries of "The Caspian five" at the summit in Aktau have signed the Convention on legal status of the Caspian Sea. Work on the document was conducted 22 years. According to him, the main area of a surface of the water of the Caspian Sea will remain in general use of the parties. And the bottom and a subsoil will share neighboring states according to arrangements. The convention doesn't allow presence on the Caspian Sea of armed forces of extraregional powers. She confers responsibility for safety on five Caspian states which also have to operate resources of the sea. According to the document, navigation, fishery, scientific research and laying of the main pipelines it has to be carried out by the agreed rules.

URL:

Gazprom energoholding predicts growth of net profit under the Russian accounting standards (RAS) in 2018 for 17.1% in comparison with an indicator of the previous year — to 53.2 billion rubles, it is said in the statement of the company. At the same time the company following the results of 2018 expects total revenue of 585.3 billion rubles that is...


The Stockholm arbitration will make the decision on the claim of Gazprom to the Turkish private importer of gas — the Bat company ı Hatt ı — till March 31, 2019. It is said in materials of the Russian gas holding. "Hearings took place from July 28 to August 1, 2018. The decision on business has to be made till March 31, 2019" — Gazprom notes. The d...


Photo: ALEXEY BYCHKOV/Global Look Press the Ministry of Transport of the Russian Federation developed new rules of payment of trips at change from the local train in the subway, the press service of department reports. Overall cost of such trip will be written off at the exit from transport. "Now, if the route has the stopping points allowing to ca...


The Ministry of Finance can decide on bank organizer of issue of eurobonds until the end of a month, the director of the department of a public debt and the state financial assets of the Ministry of Finance Konstantin Vyshkovsky told journalists. "I think and" — he answered a question whether until the end of a month the bank organizer of issue of...


The Moscow department of FAS recognized the Russian division of Google broken the law "About Advertising" in a part distribution of advertizing of microfinance institution which had no necessary license, the press service of management reported. "The Moscow OFAS found LLC Google guilty in violation of the law about advertizing. The GoogleAdwords se...


Photo: MIT Russia via globallookpress.com the Fund of defense, safety and development of Tawazun from the United Arab Emirates redeemed 36% of a share of the Russian car maker Aurus, the press service of Minpromtorg reports. "According to the signed agreement, the Tawazun fund will receive a share of 36% in LLC Aurus and will invest in the company...