Ukraine to Send Poland Gas from Iran?
Polish News Bulletin; Jul 28, 2005
Ukraine’s Fuel and Energy Ministry and Iran’s Petroleum Ministry have
signed a letter of intent concerning the construction of a gas
pipeline that would transport gas from Iran to Western Europe through
Armenia and Georgia, circumventing Russia by going under the Black
Sea. Iran’s gas deposits are the world’s second largest after
Russia’s, although extraction of the resource is low. Nonetheless,
Iran plans to raise its gas output to 290 billion cubic tons. Ukraine
and Iran want to form a group of experts that will work on the
project’s realisation by September. According to Siergiej Titenka,
Ukraine’s fuel and energy minister, the pipeline would have a flow
capacity of 60 billion cubic tons annually, one quarter of which would
go to Ukraine. These plans met with much displeasure from Russian gas
giant Gazprom, according to which the projects need Moscow’s
approval. – TPSA Still Losing Revenue But at Slower Rate
The TPSA telecom giant surprised the market with its second quarter
results, which were better than most analysts had expected. The
company had revenue of ZL4.59bn and posted a net profit of ZL455m,
while the average forecast among market experts was ZL4.49bn and
ZL439m respectively. TP has been witnessing a steady decline in
revenue that is still not compensated by rising revenue from mobile
services. In the second quarter, ground-based calls contributed
revenue of ZL2.48bn, compared to last year’s ZL2.79bn. Since Q2 2004,
the company has lost more than 100,000 customers, but still supplies
its services to just above 10 million. The situation in the mobile
segment is much better: revenue generated by Centertel, operator of
the Idea network, amounted to ZL1.43bn, against ZL1.2bn in the same
period of last year. TPSA’s president said yesterday that talks with
France Telecom concerning the purchase of a 34-percent stake in
Centertel have slowed down lately.
From: Emil Lazarian | Ararat NewsPress