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Yearly Archives: 2016

Turkmenistan: Ukraine completing railway bridge construction

Turkmenistan, UkraineBy admin2016-07-08Leave a comment

Ukraine’s Altcom Financial-Industrial Group is completing the construction of a railway bridge over Amudarya River with a length of 1750 meters. This is the largest engineering structure in Turkmenistan’s Lebap region. Cars will transport freight and passengers via this transportation corridor in the near future. Altcom Group said in early June that the cost of…

Ukraine: barley harvested from 16% of intended area

UkraineBy admin2016-07-08Leave a comment

As of July 4, early grains and pulses were harvested from 576 thousand ha (6% of the intended area) compared with 502 thousand ha as of July 6, 2015. Farmers obtained 2040 KMT with average yields of 3.54 MT/ha. By July 6, 2015 grain harvest had reached 1530 KMT with average productivity of 3.05 MT/ha.…

Ukraine: Tesla Zet introduces new illumination standard

UkraineBy admin2016-07-08Leave a comment

Tesla Zet company introduces the next generation LEDs with the luminous efficiency of 160 lm/W. It is the most energy-saving form of LEDs for both commercial and domestic use. The competitive advantage of these LEDs is the best in price/quality ratio in the world. LEDs reliability and energy efficiency from the Ukrainian manufacturer Tesla Zet…

Tajikistan: Central bank promoting financial inclusion

TajikistanBy admin2016-07-08Leave a comment

The executive director at the Alliance for Financial Inclusion (AFI) Alfred Hannig visited Tajikistan on June 28-29. According to AFI’s website, Hannig held talks with Umed Latifov, deputy chairman of the National Bank of Tajikistan (NBT), and Lola Salimova, deputy chairwoman of the NBT. Salimova reportedly stressed how important it was for the countries in…

Georgia: SOCAR building new tank farm at oil terminal

GeorgiaBy admin2016-07-08Leave a comment

Azerbaijani state oil company SOCAR has completed construction of a new tank farm on the company’s Black Sea oil terminal in Kulevi (Georgia), said the terminal’s message posted on its website. The project envisages construction of six tanks with a total capacity of 60 thousand cubic meters and a two-line railway overpass for simultaneous unloading…

Ukraine: Rada writes off fines of heating and water companies for late payment for gas and electricity

UkraineBy admin2016-07-08Leave a comment

The Verkhovna Rada has adopted law No. 2706 on writing off fines imposed on heating and water supply companies due to late payments for gas and electricity. Some 253 deputies voted for the law. The document also suggests the introduction of a moratorium on imposing new fines on heating and water supply companies in the…

Ukraine: Naftogaz holding talks with EBRD on loan increase

UkraineBy admin2016-07-08Leave a comment

National joint-stock company Naftogaz Ukrainy is discussing with the European Bank for Reconstruction and Development (EBRD) the possibility of expanding a credit line with the limit of $300 million raised at the end of 2015 from the bank to buy natural gas in Europe, Naftogaz Ukrainy commercial director Yuriy Vitrenko said. The current credit line…

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