Nabucco project in doubtNovember 29, 2008 - 14:32 AMT PanARMENIAN.Net - The recent political and economic developments in the region have diminished the chances for Nabucco project, lobbied by the EU and U.S."Tajikistan, one of the key participants of the project along with Azerbaijan, doesn't seem interested in it. Furthermore, Russia's offer to buy Tajik gas at commercial price has alienated Ashkhabad from the western brainchild. At that, Tajikistan has already launched gas expert to Iran, China and Russia," said Chingiz Ismaylov, head of Baku-based regional development center. The major political factor against Nabucco is the strengthening of Russia's positions in the South Caucasus, according to him, 1news.az reports. 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 | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |