Baku 12° C
Fitch: Turkish Stream and North Stream projects may be postponed
Energy
- 25 August, 2015
- 06:41
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 25 August. REPORT.AZ/ Steps taken by European Union (EU) can postpone "Turkish Stream" and "North Stream" projects. Report informs it was said by international rating agency "Fitch Ratings".
According to the agency, events in Ukraine is another reason for the postponement of projects: "Both projects are likely to be postponed due to the crisis in Ukraine and EU's steps to diversify energy sources".
In December 2014, the leaders of Turkey and Russia agreed that " Turkish Stream" pipeline with capacity of 63 billion cubic meters per year under the Black Sea will carry gas to Turkey and Europe.
Author
Latest News
16:15
European Commission starts negotiations on free-roaming regime with Western Balkans
Other countries
16:13
Zelenskyy: Ukraine to receive new aid packages from Spain, Germany
Other countries
15:58
Azerbaijan, China discuss expanding air connectivity
Tourism
15:51
TikTok's algorithms deemed dangerous to mental health of EU users
Other countries
15:34
Unsettled weather to persist in Azerbaijan until November 10, weather service warns
Ecology
15:21
Azerbaijan mulls expanding trade ties with Suriname
Business
15:10
MiniBoss Business School opens enrollment at its second Baku branch
Business
15:08
Lithuanian foreign minister meets Azerbaijani presidential adviser in Vilnius
Foreign policy
15:00
Fox News: US considers November 9 favorable day to resume strikes on Iran
Other countries