regional news

Regional News Roundup - May 23, 2008

Azerbaijan and Turkmenistan improve relations

(UPI) - As Azerbaijan and Turkmenistan improve their relations after a long hiatus, Western hopes are revived for an undersea trans-Caspian natural gas pipeline.

Kiev seeks $2.5Bln gas pipe upgrade

(Bloomberg/The Moscow Times) - Ukraine is looking for $2.5 billion from the European Union to upgrade its natural gas pipeline system and increase the volume of fuel that can be shipped to the region, President Viktor Yushchenko said Thursday.

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