OPEC, non-OPEC reach conformity level of 106%
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Baku, Azerbaijan, June 22
By Leman Zeynalova – Trend:
OPEC and participating non-OPEC producing countries recorded the highest conformity ever with their voluntary adjustments in production, achieving a level of 106 percent, said the the Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) based on the report of the Joint OPEC-Non-OPEC Technical Committee (JTC) for May 2017.
The JMMC expressed great satisfaction that overall conformity levels by OPEC and participating non-OPEC producing countries have steadily increased from January to May 2017, exceeding 100 percent in both April and May to reach its highest level since January 2017, said the message posted on OPEC’s website.
The JMMC expressed great satisfaction that overall conformity levels by OPEC and participating non-OPEC producing countries have steadily increased from January to May 2017, exceeding 100 percent in both April and May to reach its highest level since January 2017, said the message posted on OPEC’s website.
“In May 2017, the OPEC and participating non-OPEC producing countries achieved a conformity level of 106 percent, an increase of 4 percentage points over the April 2017 performance. This is a convincing demonstration of the willingness of all participating countries to continue their cooperation until the set goal is achieved,” said the message.
The JMMC took note of the recent market development and expressed confidence that the oil market is moving in the right direction towards the achievement of the objectives of the Declaration of Cooperation, and further encouraged all participating countries to press on towards full conformity and maintain this level for the benefit of producers and consumers alike, as has been consistently advocated.
The next JMMC Meeting is scheduled to be held in St. Petersburg, Russia, on 24 July 2017.
The JMMC took note of the recent market development and expressed confidence that the oil market is moving in the right direction towards the achievement of the objectives of the Declaration of Cooperation, and further encouraged all participating countries to press on towards full conformity and maintain this level for the benefit of producers and consumers alike, as has been consistently advocated.
The next JMMC Meeting is scheduled to be held in St. Petersburg, Russia, on 24 July 2017.
On May 25, OPEC member countries and non-OPEC parties, Azerbaijan, Kingdom of Bahrain, Brunei Darussalam, Kazakhstan, Malaysia, Mexico, Sultanate of Oman, the Russian Federation, Republic of Sudan, and the Republic of South Sudan agreed to extend the production adjustments for a further period of nine months, with effect from July 1, 2017.
The reductions will be on the same terms as those agreed in November.
S. Korean president says 'original' agreement was to deploy one THAAD launcher in 2017
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SEOUL, June 22 (Yonhap) -- South Korean President Moon Jae-in said Thursday that only one rocket launcher was originally scheduled to be deployed in 2017 under the country's agreement with the United States to host its THAAD missile defense system. He noted the deployment had "mysteriously" accelerated.
In an interview with Reuters, the new South Korean leader said an additional five THAAD launchers were set to be deployed next year under what the British news agency called the "original agreement."
"But for some reason that I do not know, this entire THAAD process was accelerated," he was quoted as saying.
"But for some reason that I do not know, this entire THAAD process was accelerated," he was quoted as saying.
So far, two THAAD launchers have been deployed, with the remaining four launchers already delivered and stored here.
Moon's remarks revealed the details of the so-called original THAAD agreement for the first time, while apparently shedding more light on his new administration's earlier decision to temporarily suspend the deployment of the U.S. missile shield.
Following a special probe, the presidential office Cheong Wa Dae earlier concluded the country's own defense ministry may have sought to speed up the deployment, partly by reducing its size and scope in an attempt to exempt the deployment from an environmental impact assessment, which Cheong Wa Dae said could take months, if not years.
The South Korean leader has said the decision to temporarily suspend the deployment pending an environmental study did not mean a change in the country's decision to host the U.S. missile shield.
Still, the issue is widely expected to top the agenda in Moon's upcoming talks with his U.S. counterpart Donald Trump in Washington next week.
EU agrees to extend sanctions against Russia
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REUTERS/John Thys/Pool
BRUSSELS, June 22. /TASS/. The 28 member states of the European Union have agreed to extend sanctions against Russia for another six months, European Council President Donald Tusk said on Thursday.
"Agreed. EU will extend economic sanctions against Russia for their lack of implementing the Minsk Agreement," Tusk tweeted.
A diplomatic source earlier told TASS on the sidelines of the European Union summit that sanctions would be prolonged for six months. "After the political decision is made, Tusk will launch an official procedure. The European Council will approve the decision at the ambassadorial level after which it will be published in the Official Journal of the European Union and come into force," the source said.
He stressed that some EU members had spoken out against the automatic extension of sanctions on Russia. "There are some countries who believe that an automatic procedure is inappropriate. They think that the leaders of France and Germany should give clear recommendations, as they are members of the Normandy Quartet," he pointed out.
The EU’s economic sanctions on Russia will expire on July 31.
In 2014, the European Union and the United States imposed sanctions on Moscow over the situation in Ukraine and Crimea’s reunification with Russia. Some of the Russian officials were barred from entering EU counties and the US, their assets were frozen. Besides that, trade, financial and military restrictions were also introduced. Sanctions have been repeatedly extended and expanded.
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Czech president supports idea of referendum on country’s withdrawal from EU
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Czech Republic’s President Milos Zeman
AP Photo/Petr David Josek
PRAGUE, June 22. /TASS/. The Czech Republic’s President Milos Zeman has spoken out in favor of holding a referendum on the country’s withdrawal from the European Union.
"It’s up to citizens to decide," he said on Thursday speaking at a conference on the Czech national priorities. "The Czech Republic’s withdrawal from the EU is possible theoretically and practically, if a law on the referendum submitted to the parliament is passed," Zeman noted. "I am a proponent of direct democracy, a proponent of a referendum. I would support this referendum (on withdrawal from the European Union), but would vote against it myself."
Poor governance
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Zeman expressed concern over the low "quality of EU governance." "The European Union needs strong leaders, the way it was in the past," he said.
Europeans have no respect for the union’s current leaders. Their policy with regard to the EU member-countries is reminiscent of the "limited sovereignty" doctrine that used to be implemented by the Soviet Union in relation to the Soviet bloc countries.
According to the president, the Czech Republic’s main national interest is "the existence of a sovereign country."
Merkel’s mistake
The Czech president noted that German Chancellor Angela Merkel’s decision to invite Syrian refugees to Germany was her tragic mistake, which was detrimental to the entire European Union. "They keep talking about their solidarity with someone, but not with their own citizens," Zeman emphasized.
He noted that after the elections to the lower house of the Czech parliament scheduled for October, the politicians who will win them could reconsider their negative attitude towards the compulsory distribution of quotas within the EU . According to Zeman, their only wish could be that the quotas should be offered in the form of recommendations from the EU governing bodies rather than assigned by decree.
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Poland passes law on demolishing Red Army monuments
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Monument of Soviet troops at the Soviet Military Cemetery in Warsaw
AP Photo/Czarek Sokolowski
WARSAW, June 22. /TASS/.The lower house of Poland’s parliament, the Sejm, voted on Thursday to introduce amendments to the country’s de-communization law, envisaging the demolition of Soviet-era monuments, including memorials in honor of the Red Army.
"The law has been passed," the press service of the Sejm confirmed to TASS.
The majority of parties of the Polish parliament endorsed the amendments in the first and second readings. A total of 408 MPs voted yes, seven said no, and another 15 abstained.
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The amendments say that monuments and other similar sites "cannot pay tribute to persons, organizations, events or dates symbolizing communism or other totalitarian systems." These memorials do not include monuments at cemeteries and other burial places, facilities not located at public areas and those erected for scientific goals as pieces of art and also monuments included in the registry of pieces of architecture.
The Polish lawmakers suggest demolishing other memorials not included in these categories within 12 months after the amendments enter into force. Experts say there are at least 469 such monuments, and around 250 of them are dedicated to the Red Army.
Authors of the bill say "keeping the names of institutions and monuments in honor of events and people who exerted their criminal influence on Poland’s history enables supporters of totalitarian systems to advance their views, what negatively affects the society."
They called to revise the law by creating "legal tools for eliminating the demoralizing monuments and names from the public sites." "This gives the public a clear signal that the state implements the constitutional principle banning the totalitarian regime, condemning and unmasking all steps related to promoting totalitarian views," an explanatory note to the amendments said.
Last year, after the initiative on dismantling the Red Army monuments was declared, Zakharova said Moscow would not leave this step unanswered. The diplomat stressed that the war against monuments is aimed at effacing from the Polish people’s memory the fact that the Red Army saved them from the total elimination by Hitler’s Nazis.
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Russian war memorial in Poland reopens after renovation
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The Kursk civic society
WARSAW, June 22. /TASS/. The opening ceremony of the renewed memorial to Soviet soldiers who crossed the Oder River in 1945, has taken place in the Mikolin village in western Poland on Thursday, when Russia marks the Day of Remembrance and Sorrow. The memorial was renovated by members of the Kursk Polish society which restores monuments of gratitude to the Red Army.
"This is a very nice initiative put forward by the Kursk society," Andrei Omelchenko, a member of the Civic Chamber of Russia’s Kaliningrad region, told TASS. "We would like the initiative to serve as an example for a large number of Polish citizens," said Omelchenko who participated in the ceremony of laying flowers to the memorial.
"The situation surrounding the Red Army memorials in Poland has not been improving in the recent years," he went on to say. "However, history does not forgive such attitude. Attempts to overwrite your own history are useless and dangerous," he added expressing hope that "reason will prevail." "Most Polish people do not support the barbaric attitude towards memorials that the country’s elites have been showing," Omelchenko pointed out.
The Mikolin memorial was installed in the place where the battle to cross the Oder River took place 72 years ago - a battle in which more than 40,000 Soviet soldiers and officers fell. According to Jerzy Tyc, the head of the Kursk society, the renovation of the memorial became possible thanks to the financial support of such Russian foundations as the Kronstadt Naval Cathedral and the Revival (based in the city of Kursk), as well as one Polish foundation and activists from the Russian city of Kaliningrad who ran fundraising campaigns in the internet. "The notable thing is that locals helped in every way they could, particularly providing construction supplies," Tyc noted. "We can say that the memorial was renovated through the joint efforts of the Russian and Polish people," he added.
Nearly 600,000 Soviet troops fell in the battles to liberate Poland. In the recent years, memorials are often defaced by vandals, moreover, some of them have been illegally demolished. In 2016, Poland’s Institute of National Remembrance came up with an initiative to pull down more than 200 such war memorials across the country as reminders of its communist past. On Thursday, the lower house of the Polish parliament adopted a bill on amending the decommunization law.
The Kursk society is the only Polish organization engaged in the renovation of Soviet war memorials. Its members have already restored and renovated dozens memorials across the country.
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BRICS states to sign memorandum on environmental protection
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TIANJIN /Northern China/, June 22. /TASS/. Members of the BRICS Group (Brazil, Russia, India, China and South Africa) will sign an inter-agency memorandum of understanding in the field of environmental protection at the third meeting of the member states’ ecology ministers, which is being held in China’s northern city of Tianjin on June 22-23, the organizers said.
The memorandum will concern several spheres of cooperation, particularly aimed at improving the quality of air and water, preserving biological diversity, combating climate change, managing waste, implementing the 2030 sustainable development program and working on other issues of mutual interest.
The memorandum will clarify ways to exchange experience in improving methodological documents regulating the environmental protection, hold scientific consultations, conduct joint research activities and experiments, arrange campaigns to enhance the environmental capacity, develop ecology tourism, hold multilateral conferences and exhibitions, implement various programs and projects.
"During the ministerial meeting, all the decisions will be made by consensus, so in the future, every party will act without damaging the interests of other parties," the organizing committee said.
"Each of the participants should ensure intellectual property rights protection while drawing up the text of the memorandum," the committee added.
According to the Russian embassy in Beijing, Russian Ecology Minister Sergey Donskoy was expected to take part in the meeting. However, "because of his heavy agenda, he won’t be able to participate, so Director of the International Cooperation Department at the Ministry of Natural Resources Nuritdin Inamov will head the Russian delegation," the embassy said.
The main goal of the third meeting of the BRICS ecology ministers is to step up the universal fight against global climate change and ensure continuity in implementing multilateral environmental accords, such as the Kyoto Protocol and the Paris Agreement.
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Putin to watch joining of Turkish Stream gas pipeline sections
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EPA/Jens Buettner
MOSCOW, June 22. /TASS. Russian President Vladimir Putin will watch in the Black Sea resort city of Anapa on June 23 the ceremony of joining the Turkish Stream gas pipeline’s shallow water and deep-sea sections, the Kremlin press office reported on Thursday.
"In Anapa, the head of state will watch the joining of the Turkish Stream gas pipeline’s shallow and deep sections from aboard the Pioneering Spirit pipe-laying vessel," the press office said in a statement.
This ship is the world’s largest construction vessel, which will be laying the Turkish Stream gas pipeline’s offshore stretch. The vessel is capable of daily laying from 3.5 to 5 kilometers of the pipeline, which will stretch over a distance of 937 kilometers, the Kremlin press office said.
The Turkish Stream gas pipeline construction will ensure direct natural gas supplies both to Turkey and consumers in South and Southeast Europe," the Kremlin press office said.
The Turkish Stream gas pipeline is designed to annually pump 31.5 billion cubic meters of natural gas.
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