Russia: Taimyrgas constructs development gas wells at Pelyatka Gas Condensate Field

The project “Construction of Development Gas Wells at Pelyatka Gas Condensate Field” envisages construction of twelve wells by the end of 2016. The aim of the project is to ensure gas production in the amount sufficient for uninterruptable power supply to Norilsk Nickel production facilities and housing sector of surrounding area. Integra-Burenie Company from Nizhnevartovsk…

Azerbaijan: lubricating oil plant to be built

Alco Lubricant Company has become the ninth resident of Azerbaijan’s Sumgait Chemical Industrial Park (SCIP). The relevant certificate was given to the representatives of the new SCIP resident during an event organized by Azerbaijan’s Economy Ministry. The company will produce lubricating oil in the territory of SCIP. The project’s cost is $10 million. A plant…

Ukraine: Shepetovka Repair Plant output up in 2016

UkrOboronProm SE “Shepetovka Repair Plant” increased production volume almost 4 times – compared to 2013 – due to the program “Ukrainian shield”, initiated by “UkrOboronProm” in 2015. “For the first half of 2016 the enterprise manufactured products and services for Ukrainian military valued at nearly 92 million UAH, exceeding last year’s index of 79 million…

Ukraine: corn conditions in August 2016

Lowering of air temperatures to optimal values and improved soil moisture stocks were beneficial for vegetation of all late spring crops. Better yields can be expected in later sown plants of corn due to cease of leaves withering and yellowing during the daytime. August rains were beneficial for moisture accumulation before the upcoming winter crop…

Ukraine: seaports grain exports down in August 2016

On August 8-14, Ukraine exported 660.1 thousand tons of grains from the seaports against 759.8 thousand tons in the previous week.

In particular, wheat shipments reached 413.1 thousand tons, corn – 14.9 thousand tons, and barley – 232.1 thousand tons. (APK-Inform/Business World Magazine)

Ukraine: grain production reaches 31.5 million tons in August 2016

As of August 1, the production of grains and pulses totaled 31.525 million tons in bunker weight, up by 7.4% YoY, the State Statistics Service of Ukraine declared.

In particular, Odessa, Kharkiv and Vinnytsia regions harvested the largest volumes of grains. (APK-Inform/Business World Magazine)

Russia: car output down in July 2016

Russia’s car output plunged by 19.8% YoY and by 28.3% MoM in July, the Federal State Statistics Service said in a statement.

In January-July car output fell by 18% YoY to 611,000 units and bus output went down by 0.8% to 19,100 vehicles, but truck production increased by 6.2% to 70,400 units. (Prime/Business World Magazine)

Russia: grain exports from seaports up

On August 8-14, the export volumes of grains from the Russian seaports reached 715.6 thousand tons up from 411.2 thousand tons shipped in the previous week.

In particular, the wheat shipments totaled 634.4 thousand tons, barley – 65.9 thousand tons, and peas – 15.3 thousand tons. (APK-Inform/Business World Magazine)

Russia: 33.7 million tons of grains harvested

As of August 1, the general production of spring grains and pulses in Russian agricultural organizations reached 33.7 million tons in bunker weight, up by 17.1% YoY, the Federal State Statistics Service of the Russian Federation (Rosstat) announced. According to the announcement, agrarians harvested grains throughout the areas of 8.8 million ha, or 29.3% of…

Argentina mulling nuclear power projects with Russia

Argentina is considering the possibility of implementing nuclear power projects with Russia, the country’s Foreign Minister Susana Malcorra said.

She also said that Russian investments in Argentinian projects could be implemented in the sphere of ports and logistics infrastructure. (Prime/Business World Magazine)

Russia: Aeroflot expands fleet with 4 A321 and B737-800 aircraft

Aeroflot has received four new A321s equipped with aerodynamic wing-tips known as Sharklets.

All A321 aircraft are named in honor of outstanding Russian people who contributed a lot to artistic, cultural and scientific development.

VP-BAE bears the name of Sergei Bondarchuk, a Russian film director, screenwriter and actor. (Russian Aviation/Business World Magazine)