EU sanctions to target Russian oil companies, gas still untouchedSeptember 9, 2014 - 13:37 AMT PanARMENIAN.Net - New European Union sanctions against Russia are expected to be issued on Tuesday, Sept 9. The decision to add new penalties comes after a ceasefire was announced on Friday and then effectively broken on Sunday when pro-Russian activists attacked the Mariupol airport, killing a civilian, Wire reported. Specific targets will include Gazprom's petroleum subsidiary, the oil companies Rosneft and Transneft, as well as visa and asset freezing for both Russian and pro-Russian activist officials. Notably, the EU will once again avoid targeting Russia's natural gas sector. Europe relies heavily on Russia for natural gas, and as the colder months approach, this would be an extremely different sanction to maintain, both logistically and economically. It is also widely considered to be the most harsh economic sanction which could be used against Russia. A spokesperson for the European Union described Tuesday's sanctions as "reversible" in speaking with the BBC. Russia has indicated they would retaliate against any further sanctions, potentially by blocking foreign airlines from their airspace. In early August, Russian Prime Minister Dmitri Medvedev led the effort to block Ukrainian airlines from Russian air space. Medvedev believes an expanded airspace ban "could drive many struggling airlines into bankruptcy." Russian officials have not yet issued comment on increased sanctions. Rosneft has not yet replied to a request for comment. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |