Ukraine: Belorusneft starts hydraulic fracturing operations for Ukrgazvydobuvannia

Belorusneft specialists have started performing hydraulic fracturing operations under the contract with Ukrgazvydobuvannia, a statement on the website of the oil company reads. “In accordance with the contracts, the specialists will conduct 50 hydraulic fracturing operations in Poltava region. This is the first large-scale oil service project in Ukraine for the Belarusian oil company”, the…

Azerbaijan: economy to grow in 2017

Slowdown of the global economy’s development, deterioration of the macroeconomic indicators affected Azerbaijani economy as well, the country’s parliament speaker Ogtay Asadov said. He made the remarks at a plenary session of Azerbaijani Parliament during the discussion of the country’s draft state budget and the concept of socio-economic development for 2017 and the next three…

Ukraine to conclude revised Agreement on Mutual Promotion and Protection of Investments with Turkey

The government of Ukraine plans to conclude a revised Agreement on Mutual Promotion and Protection of Investments with the government of Turkey, the Economic Development and Trade Ministry of Ukraine reports. “We’ve agreed with the Turkish side on the main provisions of the draft agreement, which foresees the most-favored procedure for investors of both countries…

Kazakhstan to create the agricultural export center

Kazakhstan plans to found the agribusiness export center, which will realize the promotion of domestic agricultural products on foreign markets, the press-service of the Ministry of Agriculture declared. The center will be formed on the basis of JSC National Company Food Contract Corporation within frames of the State program for development of the agro-industrial complex…

Kazakhstan: grain crop net weight up

Kazakhstan’s total crop of grain after conditioning reached 21.5 MMT, agriculture vice-minister Gulmira Isayeva said. In addition, she said, the nation was going to export 9 MMT of grain. With regard to the outlet markets, according to her, they are the traditional ones: Uzbekistan, Tajikistan, Russia, Iran and China. “Together with the Kazakh Railways we…