The interconnecting gas corridor between Macedonia and Greece will use the Trans-Adriatic Pipeline (TAP) for supply of natural gas from Azerbaijan, CEO of Macedonian Energy Resources Skopje company Krste Miladinov reported. TAP project envisages transportation of gas from the Stage 2 of development of Azerbaijan’s Shah Deniz gas and condensate field to the EU countries.…
In the coming years, Kazakhstan plans to significantly increase the exports of grains to the market of China – to 1-1.5 million tons annually since 2017-2018 period, with up to 2-2.5 million tons by 2020, the Chairman of the Grain Union of Kazakhstan Nurlan Ospanov declared. According to him, Kazakhstan will increase grain exports to…
A need will emerge to transport oil from Kazakhstan’s Kashagan field through Azerbaijan when Phase 2 of the field’s development starts, the press service of the Kazakh Energy Ministry reported. Production at the Kashagan field started in October. Several years will be needed for it to enter the second phase of development, although the exact…
Inflation rate in Kazakhstan hit 6.2% in January-October, Statistics Committee of the Ministry of National Economy of Kazakhstan reported. Food prices have increased by 5.7%, non-food items’ prices have gone up by 7.6%, and paid services’ prices have increased by 5.4% since early 2016. Kazakhstan’s inflation rate over the 12 months ending in October amounted…
Ukrainian farmers are completing sunseed harvesting. As of October 31, sunseed was gathered from 5490.5 thousand ha or 93% of the intended area (5916.2 thousand ha), up by 11.8% YoY (4909 thousand ha). Farmers obtained 12023.3 KMT of sunseed with the average yields of 2.19 MT/ha, which is all-time high for Ukraine. In 2015 farmers…
Natural gas production in Ukraine in January-October increased by 0.9% (by 151.8 million cubic meters) YoY, to 16.661 billion cubic meters. According to PJSC Ukrtransgaz, in October gas production amounted to 1.713 billion cubic meters, up by 0.5% YoY. In October, in particular, gas extraction by PJSC Ukrgazvydobuvannia amounted to 1.23 billion cubic meters, PJSC…
This year ViOil company invested 100 million UAH in the capacity modernization of Vinnitsa oil and fat complex. Daily crushing capacity is now increased to 3 KMT of oilseeds, which will contribute 30% to crushing productivity. In 2013 ViOil industrial group launched its second oil extracting plant at Vinnitsa complex with the project capacity of…