Andrey Areshev: EU can hardly finance NabuccoJanuary 17, 2011 - 09:28 AMT PanARMENIAN.Net - EU policy regarding Nabucco gas pipeline project is not a novelty, a Russian expert said. “We can presume that the visit of European Commission President to Baku and Ashgabat will signify a new stage in political lobbying of this economically insufficient project,” Andrey Areshev, senior fellow at the Institute of Oriental Studies at the RF Academy of Sciences, told PanARMENIAN.Net “There are too many issues to be settled, including construction of Transcaspian gas pipeline. Even if we presume that the status of the Caspian Sea will be determined within the coming several years, Brussels will have a huge amount of money to implement the project. Taking into account financial problems, it will not be an easy job,” he said. “We should not forget either that the existing oil and gas pipelines meant to diversify the Europe’s energy supply are unloaded. At the same time, EU’s interest in energy projects in South Caucasus will even more discredit the policy of this organization,” Areshev said. 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 | Second round of Armenia-Azerbaijan talks set for May 11 The second round of negotiations between the foreign ministers of Armenia and Azerbaijan will take place on May 11. About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. |