Norway mulls supplying natural gas to UkraineJanuary 26, 2012 - 16:59 AMT PanARMENIAN.Net - Norway is considering supplying natural gas to Ukraine as an alternative to Russian natural gas supplies, a Norwegian Ministry of Petroleum and Energy expert said on Thursday, Jan 26. “If our potential partners from Ukraine turn to us for immediate aid, we’ll no doubt render it. Export prices of gas transported form Norway will be calculated on maximally privileged terms for Kiev,” Ingmar Sundstrom said in an interview with the Ukrainian news agency GolosUA. Norway currently holds hundreds of thousands of cubic metes of natural gas in its storage facilities, which Ukraine will be able to use day and night, Sundstrom said. Transit costs would be high however, he said, due to the absence of a direct pipeline between the two countries and relatively high costs for gas transportation by sea or land, RIA Novosti reported. Ukraine has been seeking a revision in the 2009 gas deal with Russia since last spring, saying that the contract's gas price formula is unfair. Russia has tied the price for gas to the international spot price for oil, which has been rising strongly recently due to the instability in the Middle East. Kyiv insists on reducing both the price and the volume of gas imports from Russia. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. 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. |