Eastern Europe / News

Lukashenko slams Russia for "making three times more money" from gas sales to Belarus than from Germany

bne IntelliNews January 10, 2020

Belarusian President says Russian natural gas monopoly Gazprom earns "three times as much in Belarus than in Germany" from gas sales amid the lack of agreement with Moscow on new oil and gas subsidies for Minsk.

US, Canada ‘confident Iran downed Ukraine flight PS752 with missile’

bne IntelliNews January 9, 2020

Iranian civil aviation chief insists: “Scientifically, it is impossible that a missile hit the Ukrainian plane, and such rumours are illogical.”

Iran’s refusal to hand over black boxes incites suspicions over fate of Ukraine flight PS752

bne IntelliNews January 8, 2020

Aircraft crashed hours after Iranian missile attack on Iraq airbases began. Ukrainian president cautions against "speculation or unchecked theories" but little has yet been ruled out.

Ukrainian commercial flight crashes after takeoff in Iran killing all on board

bne IntelliNews January 8, 2020

A Ukrainian commercial airliner carrying at least 170 passengers crashed shortly after taking off from Tehran's Imam Khomeini airport in the early hours of January 8 killing everyone on board.

Russia’s VTB files lawsuit against Mozambique to try and recover $535mn loan

Ben Aris in Berlin January 7, 2020

Russian state lender VTB has filed a lawsuit in Britain’s High Court against a Mozambican government company to try and recover a $535mn loan it made to the government for an ambitious project to develop the country’s natural resources.

Russia’s Sheremetyevo international airport named most punctual and best employer in Russia

Ben Aris in Berlin January 7, 2020

Once famous for its dark arrival halls and legendarily long immigration queues, Russia’s leading international airport Sheremetyevo has transformed itself into one of the world’s best airports.

Russian nuclear power plants produce a record 208bn kWh in 2019

bne IntelliNews January 6, 2020

Nuclear plans account for 19% of Russia’s aggregate electricity generation compared to the 40% European average.

Russia resumes oil deliveries to Belarus after new supply deal agreed

Ben Aris in Berlin January 5, 2020

Russia suspended oil deliveries in the first week of January as it failed to agree a new supply contract with Minsk, but supplies were resumed on January 4 after talks between the two countries' prime ministers.

Russia halts oil supplies to Belarus after talks on a new supply contract fail

Ben Aris in Berlin January 4, 2020

The previous supply contract expired on December 31, 2019 and the two sides had been trying to agree a new deal.