Center for coordinating and developing securities market registered 119 emission of shares with total volume of 13.9 trillion soums on par value. Last year Uzbek companies registered 173 emission of shares for 4.8 trillion soums. The Center said that the volume of IPO issues made up 1.04 trillion soums, additional emission – 12.08 trillion soums…
Azerbaijan has made significant progress in financial transparency, said the report of the US Department of State. “Azerbaijan made significant progress during the review period by publishing more detail on planned expenditures, including allocations to state-owned enterprises”, said the 2016 Fiscal Transparency Report. Fiscal Transparency Report describes the minimum requirements of fiscal transparency developed, updated,…
In January-June LLC “Multipurpose Reloading Complex” (MRC) in port of Ust-Luga (Leningrad region) handled 1.98 million tons of cargo, down by 3% YoY. The result was caused by the decrease of coal exports by the company’s key clients amid the foreign market situation. In the reported period, coal transshipment fell by 6% to 1.83 million…
Reconstruction of overpass, passing Tarraqiyot street, will be completed soon in Tashkent, Uzbekistan Temir Yollari (Uzbekistan Railways) said in a statement. The company said that soon new overpass would be commissioned for exploitation. Uzbek company underlined that reconstruction of the road overpass, passing Taraqqiyot street, would be completed soon and the movement would be opened…
Azerbaijan’s state oil company SOCAR continues to pump oil via the Baku-Novorossiysk pipeline as scheduled. “Pumping of August volumes of oil started this morning (August 1), and we haven’t received any information on its suspension so far”, the company said. “Maybe at some stage the transportation will stop for a while, but the pumping is…
Azerbaijan’s state oil company SOCAR doesn’t see progress in the project for construction of an underground gas storage facility in Georgia for the present, a source in SOCAR said. Currently, Georgia is waiting for completion of the project’s feasibility study by the French Geostock company, the contractor of the project. “The full and comprehensive feasibility…
Azerbaijani state oil company SOCAR and French Total have activated work on the development project of the Absheron gas field in the Caspian Sea, a source on the oil and gas market of Azerbaijan said. “The parties are completely satisfied with the negotiations”, the source said. “The signing of a large number of contracts is…