Fire at airport cargo complex disrupts Bangladesh’s garment exports
A large fire at the import cargo complex of Dhaka airport has caused significant damage to goods and materials belonging to key garment exporters, wit...
Ukrainian state-owned oil and gas company Naftogaz has signed its first agreement with SOCAR Energy Ukraine, a subsidiary of Azerbaijan’s SOCAR, to import a small volume of natural gas via the Trans-Balkan pipeline.
For the first time, a test shipment of gas is being delivered through the Trans-Balkan route along the Bulgaria–Romania–Ukraine corridor, Naftogaz said in a statement.
"This is a small step in terms in volume, but a strategically important one that paves the way for long-term cooperation. It is also another example of diversifying supply sources and strengthening Ukraine's energy security," Naftogaz CEO Sergei Koretsky was quoted as saying.
This strategic south–north corridor spans Greece, Bulgaria, Romania, Moldova, and Ukraine, and can bring LNG from Greek terminals, Caspian, and hub-based volumes from the Eastern Mediterranean into Central and Eastern Europe.
"This is another clear example of successful diversification of energy sources — a key factor in ensuring reliable preparations for the heating season and its smooth running," new Ukrainian energy minister Svitlana Grynchuk said in a statement.
She added that the route is "extremely important" for Ukraine, as it provides access to liquefied gas at Greek and Turkish LNG terminals, Azerbaijani and Romanian pipeline gas as well as to potentially Bulgarian offshore gas.
A Ukrainian industry source told Reuters that Ukraine is carefully tracking the origin of gas to prevent Russian fuel from being delivered.
"This is Azerbaijani gas, it is controlled. We will continue to develop (the cooperation)," the source said.
Historically, the Trans-Balkan Pipeline (TBP) has served as a major route for transporting Russian gas to Southeast Europe (SEE) and Türkiye. However, its role has gradually diminished over the past decade due to the commissioning of new import infrastructure in SEE, such as TurkStream, and, more recently, the impact of Russia’s invasion of Ukraine. Flows from north to south came to a complete halt with the cessation of Russian transit through Ukraine on January 1, 2025.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Israel launched air strikes and artillery fire on Gaza on Sunday, in what officials called a response to militant attacks, as the U.S.-mediated ceasefire came under renewed strain.
Israeli Prime Minister Benjamin Netanyahu said the Rafah border crossing between Gaza and Egypt will remain closed until Hamas returns the bodies of deceased hostages, as both sides traded blame over alleged ceasefire violations.
On Friday, a delegation from the Turkish National Defence Ministry paid an official visit to Damascus, the capital of Syria.
Africa’s trade corridors are opening up major opportunities for investors, serving as strategic routes that unite investment, human resources, expertise, and digital transformation across the continent.
A new multimodal transport corridor linking China, Kyrgyzstan, Uzbekistan and Turkmenistan has officially opened, marking the completion of the long-planned China–Kyrgyzstan–Uzbekistan railway project, which began construction on 27 December 2024.
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