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Catching up with the global energy demand
According to the International Energy Agency (IEA), global demand for energy will increase more than 33 percent by 2035. And following Germany’s decision to abandon its nuclear industry by 2020, electricity costs will be 1.5 times higher in Europe than the U.S. by 2030.
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Georgia’s negations with Russian Inter RAO on electricity tariffs nearing completion
Negotiations on tariffs for electricity with the Russian company Inter RAO are underway and a statement will be made in the coming days, Georgian Energy Minister Kakha Kaladze said on Tuesday.
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Turkey to decide which country builds second nuclear power plant
By the end of this year, Turkey will determine the country that will build the second nuclear power plant in Sinop, Turkish Minister of Energy and Natural Resources Taner Yildiz said, the Hurriyet newspaper reported.
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Ukraine ready to contribute to development of Turkmen fields
Ukraine is ready to contribute to infrastructure development in the Turkmen economy, including the construction of energy and industry facilities and field development, Ukrainian President Viktor Yanukovych said in Ashgabat, Turkmen TV reported on Thursday.
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Russia, China Ink Deal to Build 2 New Nuclear Reactors
Russia will build two new reactors at China’s Tianwan nuclear power plant under an inter-governmental agreement signed on Thursday.
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Azerbaijan ready to provide its territory for transit of Central Asian gas
Today Azerbaijan has a powerful infrastructure system, thanks to which it plays an important role in ensuring Europe's energy security and acts as a reliable partner for it, Azerbaijani Deputy Foreign Minister Khalaf Khalafov said during his speech at the Caspian Forum in Istanbul on Thursday.
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Russia starts investing in nuclear power plant construction in Turkey
Russian company Rosatom has started investing in the Turkish Akkuyu nuclear power plant project, Turkish Prime Minister Recep Tayyip Erdogan was quoted as saying today by the newspaper Sabah.
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Russia-China Gas Talks Resume In Moscow
Russia's gas monopoly Gazprom is resuming on Wednesday negotiations for the supply of 68 billion cubic meters of natural gas to China annually for 30 years, and the talks expected to gain momentum when a high-level Chinese delegation led by Prime Minister Wen Jiabao arrives in Moscow later in the day, Russian media reported.
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