CEO of the national oil and gas company Naftogaz Andrei Kobolev has pledged the country will have enough gas in the coming winter. “As of now, the country’s underground gas storage facilities hold about 10.3 billion cubic meters of gas. We plan to have about 14.5 billion cubic meter by the end of the season”,…
Turkey is ready to initiate construction of the first line of the Turkish Stream gas pipeline project, Turkish Economy Minister Nihat Zeybekci said. “We are open for construction of the first line of the Turkish Stream from standpoint of Turkey’s need for natural gas”, the Minister said. “Political decisions are in place to settle the…
Taban Air CEO has announced the operation of a new flight path between Tehran and Russia’s Astrakhan. Founder and CEO of Taban Air Airline Company Asghar Abdollahpour made the announcement saying “the airline will operate flights once a week on a regular basis in order to facilitate commutes of Iranian and Russian businessmen”. The flight…
Sumy, city in northeastern Ukraine, has received 850 energy efficient street lighting system lamps from UNDP for modernization of street lighting. Deputy Director of the UN Development Program Blerta Cela gave a certificate for handing over these devices to the Mayor Oleksandr Lysenko on July 27 at Sumy city council. “Sumy authorities are focusing now…
After the high results of 2015, Moldavian farmers decreased sunflower sowing area for the new harvest of 2016/2017, but not because of the lowering interest in this crop. The reason for the lower area was essential increase in sowing material prices after high crop losses in 2015/2016, which also preconditioned the necessity to import expensive…
As of July 1, oilseed stocks totaled 260.5 KMT, down by 61.3 KMT YoY (321.8 KMT). Thus, availability of sunflower seeds grew by 10.7 KMT to 104.1 KMT. Soybean stocks were only slightly lower – 30.8 KMT against 31.9 KMT, and rapeseed stocks were two times as low – 28.9 KMT against 60.1 KMT last…
Private joint-stock company Darnitsa pharmaceutical firm (Kyiv) saw a 48.9% fall in net profit in January-June YoY, to 144.29 million UAH. Its net revenue grew by 19.6%, to 976.3 million UAH and gross profit grew by 3.23%, to 534.75 million UAH. In Q1 2016 the firm saw a 59.4% fall in net profit YoY, to…