Since the beginning of 2016/2017 MY, and as of September 14, the volume of grain exports from Russia totaled 7.453 million tons, down by 2.7% YoY (7.659 million tons), the Ministry of Agriculture of the Russian Federation declared. According to the announcement, the wheat volumes formed 6.316 million tons from the reporting export volumes, barley…
The Southern Gas Corridor (SGC) will bring tens of billions of net profit to Azerbaijan in 2018-2019, President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev said. “Shah Deniz 2 is one of our most promising projects. The development of the huge Shah Deniz field, which has around 1.2 trillion cubic meters of…
Head of the Turkish Calik Holding Ahmet Calik at a meeting with Turkmen President Gurbanguly Berdimuhamedov told about the process of construction of an international seaport in Turkmenbashi city, said the message of the Turkmen government. Calik received specific instructions of the Turkmen president in this regard, according to the message. The Turkish holding will…
Latvia’s meat processor Forevers is aiming to increase its revenues by up to 5% in 2016, the company announced following the release of its improved sales results for last year. To enable this, Forevers is currently implementing a number of investments to raise its output capacity. For 2015, Forevers reported sales of some 30.1 million…
On September 10, after being fueled up and supplied with all the necessary stuff the Kapitan Dranitsyn icebreaker left for the Kara Sea area to make unique researches, the press center of FSUE Rosmorport announced. During a month Kapitan Dranitsyn will make a propulsion of icebergs for the first time with the scientific assistance of…
Iranian companies have invested $2.6 billion in Azerbaijan’s economy, Azerbaijan’s Deputy Economy Minister Sahil Babayev said. The deputy minister said that only $145 million of this amount was invested in the non-oil sector. Around 450 companies with Iranian share operate in Azerbaijan, Babayev added. “The relations between Azerbaijan and Iran have entered a new phase.…
On September 12-18, the export volumes of grains from the Russian seaports reached 229.4 thousand tons, against 429.8 thousand tons shipped in the previous week. In particular, the wheat shipments totaled 112.9 thousand tons, barley – 77.5 thousand tons, corn – 32.5 thousand tons, and peas – 6.5 thousand tons. (APK-Inform/Business World Magazine)