Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Ukraine tried to attack TurkStream pipeline infrastructure in southern Russia, Moscow says

    Ukraine tried to attack TurkStream pipeline infrastructure in southern Russia, Moscow says

    Published by Global Banking and Finance Review

    Posted on January 13, 2025

    Featured image for article about Headlines

    MOSCOW (Reuters) - Russia said on Monday it had downed nine Ukrainian drones that tried to attack part of the infrastructure of the TurkStream gas pipeline, through which Russian gas flows to Turkey and Europe.

    The Russian defence ministry said the attack was aimed against a compressor station in the Krasnodar region of southern Russia, but the facility was working normally and there were no casualties.

    Reuters could not independently confirm the incident, and there was no immediate comment from Ukraine.

    TurkStream and Blue Stream, which run under the Black Sea to Turkey, are Russia's last routes for supplying pipeline gas to Europe, after Ukraine at the start of the year refused to renew a five-year transit deal that had allowed Russia to keep pumping gas across its territory despite the war between the two neighbours.

    The Russian statement said falling fragments from one drone had caused minor damage to the building and equipment of a gas metering station at the compressor, but emergency teams had quickly repaired it.

    The gas pipeline begins at the Russkaya (Russian) compressor station outside the city of Anapa and runs to Kıyıköy in Turkey, and then on to Europe. Compressor stations are used to stabilise the pressure and flow rate of gas.

    (Reporting by Volodya Soldatkin; Writing by Lucy Papachristou; Editing by Mark Trevelyan)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe