EU discussing sanctions on Libyan oil companiesMarch 11, 2011 - 17:38 AMT PanARMENIAN.Net - The EU is already discussing possible sanctions on Libyan oil companies, an EU source said on March 11 after the EU's Hungarian presidency said additional future sanctions could include freezing the assets of Libya's oil and gas producing and exporting companies. Earlier the day, Hungarian Foreign Minister Janos Martonyi said in a radio interview that the EU could target the assets of Libya's oil companies. "It cannot be ruled out that, depending on further developments - which do not seem too favorable at the moment, additional sanctions may be imposed," Martonyi said. "If necessary, these may include freezing the assets of companies involved in oil and natural gas production and exports." A spokesman for Hungary's EU representation in Brussels would say only that there was discussion of further entities being placed on the sanctions list, declining to say whether these included Libyan oil companies, Platts reported. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. 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". Partner news | Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs. Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. Armenia, Turkey discuss restoration of historic bridge The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture. |