Natural gas reserves at the Ukrainian underground storage facilities (USFs) after the completion of the heating season (April 5) increased by 48.5%, to 13.002 billion cubic meters. That’s according to the data provided by Ukrtransgaz, the state-owned operator of the gas transmission system of Ukraine. As of June 22, gas reserves at USFs are 21%…
The Georgian wine company Shilda was awarded the EU Sustainable Energy Award for the Eastern Partnership countries at an award ceremony in Brussels. Founded in 2014, the Shilda winery is located in Kakheti, the main area of wine growing in Georgia. Taking part in the Caucasus Energy Efficiency Program (Energycredit Georgia), supported by the European…
Lithuania’s government in principle backed plans to make intermediaries declare cars’ sale-purchase agreements as early as next year and to also introduce centralized systems of car owners and marketplaces. The government-approved document sets the goal to reduce shadow economy in the construction sector as well as in the areas of sale of cars and their…
In April the total value of deposits in Azerbaijan amounted to 22.13 billion manats, up by 9.6% YoY, the Central Bank of Azerbaijan (CBA) reported. In particular, the value of deposits of non-financial organizations increased by 11.7% (10.561 billion manats), reaching 11.8 billion manats. The total value of deposits of legal entities in April reached…
The annual exchange rate of the national currency is expected to have reached UAH 27.4 per U.S. dollar by the end of 2019, UAH 28.2 per U.S. dollar in 2020, and UAH 29.4 per U.S. dollar in 2021, according to the latest Finance Ministry’s macroeconomic report. The hryvnia exchange rate against the U.S. dollar (on…
The small-scale privatization has already brought over UAH 1.06 billion to the state budget of Ukraine, First Vice Prime Minister – Minister of Economic Development and Trade of Ukraine Stepan Kubiv has said. “In 10 months, small privatization brought the state more than UAH 1.06 billion,” Kubiv said during an hour of questions to the…
Air Astana, the flag carrier of Kazakhstan, has been recognized for 4 Star service excellence, retaining the accolade of “Best Airline in Central Asia and India” in the Skytrax World Airline Awards for the eighth consecutive year. The prestigious awards ceremony took place at the 53rd edition of the Paris Air Show at Le Bourget…