The 2015/2016 marketing year was quite successful for Ukraine in markets of sunflower seed and its processed products. All-time high sunseed production at 11760 KMT was the key to such a success. Favorable agro-meteorological conditions allowed obtaining the best results on close to record planted area, owing to minimal losses and high productivity. High sunflower…
Ukraine has extended for a year and has expanded the sanctions imposed in September 2015 against the Russian enterprises and companies, which are operating in the interests of the Russian security and defense sector. According to Ukrainian President Petro Poroshenko’s decree dated October 17, which enacted the Ukrainian National Security and Defense Council’s decision of…
As of October 18, Ukrainian agrarians harvested 48.73 million tons of grains throughout the areas of 11.741 million ha, or 82% of the plan. The average yield totaled 4.15 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported t. At the same time, on the same date last year the production volumes reached…
As of October 17, Ukrainian farmers threshed 4738.1 thousand ha of sunflower or 80% of the planned area (5916.2 thousand ha), down by 0.4% YoY (4755 thousand ha). 10375.3 KMT had been obtained with the average productivity of 2.19 MT/ha. In 2015, 10087 KMT had been obtained with the productivity of 2.12 MT/ha. Soybean had…
Ukraine for the first time has included several offshore companies posing threat to the national interest in its sanctions list, namely Judson Trading Limited (Cyprus), Rock Ranch Properties S.A. (Panama), Powerful Choice Tech Ltd (the British Virgin Islands), Global Games Ltd (Belize), Novastar Group Ltd (Belize) and Gordon Solution Ltd (the British Virgin Islands). The…
Investment potential of the new storing capacities with possibility of water transport handling is estimated at $250 million. This is what the director of Hermes-Trading Yuri Skichko believes. According to him, total handling capacities may reach 5-7 MMT by 2019/2020. Additional storing facilities for river logistics can reach 2.8 MMT, including the new ones –…
In January-August the foreign trade deficit in goods in Ukraine totaled $1.465 billion against $548.5 million of the proficit in the same period last year, the State Statistics Service of Ukraine reported. In particular, in January-August the exports of commodities from Ukraine totaled $22.719 billion, down by 9% YoY. The import volumes of goods to…
Since October 2015, National energy company Ukrenergo has saved 5.3 billion UAH during procurement, acting director of Ukrenergo Vsevolod Kovalchuk said. “We have saved 5.3 billion UAH on procurement during a year of my work”, he said, adding that over 3 billion UAH was saved at tenders held at the end of September. The top…
On October 10-16, Ukraine exported 506 thousand tons of grains from the seaports against 545.9 thousand tons on the previous week.
In particular, wheat shipments reached 244.1 thousand tons, barley – 135.4 thousand tons, and corn – 126.5 thousand tons. (APK-Inform/Business World Magazine)
TAP will be able to proceed with the replanting of the olive trees along the route in Italy, starting from the micro tunneling area, from November, Lisa Givert, TAP Head of Communications, reported. She was commenting on protests in Italy’s Puglia region demanding the pipeline re-routed away from the prized grove, which included olive trees…
When the Russian wheat aphid first arrived in Australia in May, Australia’s grain industry went into a panic because the insect was potentially devastating for cereal crops. But no one could have predicted the record rainfall that hit parts of South-Eastern Australia, which has virtually wiped out the exotic pest. South Australian Government principal entomologist…
Russian car producer AvtoVAZ has partially reintroduced a four-day workweek on its facilities because of a continuing decline of the car market, a spokesman for the company reported. “AvtoVAZ has again shifted to a four-day workweek. The B0 platform assembling Lada Largus, XRay and the Renault-Nissan class cars still works under a five-day schedule. The…
StroyCazMontazh has completed the first start-up phase at the Punginskoye underground gas storage facility (UGS). Works for Punginskoye underground gas storage facility expansion have included installation of two 16MW GPUs and gas-collection system, consisting of 12 wells within three well groups, as well as construction of three administration buildings, a measuring point and a control…
Azerbaijan’s oil supply is anticipated to average 0.87 million barrels per day, unchanged from the previous report, indicating minor growth of 10,000 barrels in 2016, OPEC said in its monthly oil market report. Azerbaijan’s crude oil output in August decreased by 30,000 barrels per day to average 0.86 million barrels per day, said the report.…
The Turkish Stream natural gas pipeline project is synchronized with expiration of Russia’s gas transit contract with Ukraine in December 2019, Energy Minister Alexander Novak reported. “Speaking of the Turkish Stream, the project’s implementation deadline is December 2019, which means that the infrastructure will be built until the end of 2019. It is in full…
Manned US missions to the International Space Station (ISS) aboard the Atlas V launch system and Boeing’s newly developing capsule will be carried out using Russia’s RD-180 engines, the Energomash space and rocket engine director Igor Arbuzov said. The first unmanned test launch of the heavy-lift Atlas V vehicle with Boeing’s Crew Transportation System (CTS)…
International Launch Services (ILS) and Eutelsat have announced the signing of two launch contracts for the 2018-2020 period. ILS is a Khrunichev Space Center subsidiary, which provides Proton-based launch services for global international commercial satellite operators, and Eutelsat Communications is one of the world’s leading operators of satellite communications, headquartered in Paris, France. The first…
Three potential investors are ready to invest money in the development of Kherson International Airport, Kherson Regional State Administration Chairman Andriy Hordeyev has said. “Our airport has been included in the airport development program in Ukraine. It is our airport that is the most prepared and that already has a project of reconstruction. As of…
As of October 1, the registered carry-over stocks of grains and pulses in Kazakhstan totaled 14.594 million tons (up by nearly 10 million tons MoM), the Statistics Committee of the Ministry of National Economy of the Republic of Kazakhstan reported. In particular, peasant and farming households stored 2.899 million tons of grains. Wheat formed the…
On October 15, Russia and India signed a deal on the deliveries of S-400 Triumph air defense systems and other equipment to India. Delivery of Russia’s most advanced anti-aircraft defense system, the S-400 Triumph, to India could begin in 2020 according to an agreement signed by Indian Prime Minister Narendra Modi and Russian President Vladimir…
On October 10-16, the export volumes of grains from the Russian seaports reached 637.4 thousand tons against 325.9 thousand tons shipped on the previous week.
In particular, the wheat shipments totaled 526.8 thousand tons, barley – 3 thousand tons, corn – 101.5 thousand tons, and peas – 6.1 thousand tons. (APK-Inform/Business World Magazine)
During the first nine months of 2016, the export volumes of agricultural products from Ukraine to the European Union countries increased by 15% YoY, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovoy declared. Ukraine managed to take up most of the annual quotas for supplying to the EU in the first quarter…
International rating agency Fitch has improved its outlook on Russia’s BBB- long-term issuer default ratings in local and foreign currencies to stable from negative, the agency said in a statement. “Russia has implemented a coherent and credible policy response to the sharp fall in oil prices. A flexible exchange rate, inflation targeting, fiscal consolidation and…
The European Union published a proposal to increase the quotas for duty-free supplying of Ukrainian products, including food products, products of the chemical industry, etc., the Official Journal of the European Union informed. In particular, the document proposed to provide additional quotas to Ukrainian agricultural producers for the supply of corn and flour (650 thousand…
The EU Special Representative for the South Caucasus Herbert Salber will visit Azerbaijan in late October, Salber’s press service reported. Salber will hold a number of official meetings, at which the sides will discuss bilateral relations. It is also expected to discuss the situation around the Nagorno-Karabakh conflict. The conflict between the two South Caucasus…