Iran negotiating gas swap with Azerbaijan and Turkmenistan

An Iranian private company is negotiating gas swap with Azerbaijan and Turkmenistan, Azizollah Ramazani, director of the International Affairs Department at the National Iranian Gas Company (NIGC), said. He did not unveil further details. Iran has already announced readiness for natural gas swap projects with Russia, Turkmenistan and Azerbaijan. It was earlier announced that Iran…

Uzbekistan: first Boeing-787 Dreamliner undergoes painting stage

The first airplane Boeing-787 Dreamliner of Uzbekistan Havo Yollari (Uzbekistan Airways) underwent painting stage. Photos of the airplane Boeing-787 Dreamliner in the colors of the flag of Uzbekistan were published at microblogging network Twitter. The Boeing-787 Dreamliner will arrive in Uzbekistan in August during the celebrations of the Independence Day of Uzbekistan. The Boeing 787…

Uzbekistan: construction of Tashkent-4 terminal to cost $336 million

The cost of the project on construction of new international passenger terminal of Tashkent Airport (Tashkent-4) will make up $336 million. Investment project “Construction of new international passenger terminal of Tashkent Airport (Tashkent-4)” is implemented in cooperation with the Republic of Korea. Korea International Cooperation Agency (KOICA) provided a grant for development of the feasibility…

Belarusian and Kazakh forestry industries eager to advance cooperation

Forestry industries of Belarus and Kazakhstan intend to advance scientific, technical, trade and economic cooperation. The agreement was reached when a Belarusian delegation led by Forestry Minister Mikhail Amelyanovich met with Deputy Agriculture Minister of Kazakhstan Yerlan Nysanbayev, the press service of the Belarusian Ministry of Foreign Affairs reported. Representatives of forestry enterprises and organizations,…

Ukraine: AutoKrAZ reports stability

AutoKrAZ maintains production level achieved in the beginning of the second half year. Kremenchug Automobile Plant produced 75 vehicles in this July, the same amount as in June. Chassis cabs amount for 51% of the total output, platform trucks – for 44%, and truck tractors for 5%. 63% of vehicles have been built for sales…

Russia: Acron sells its stake in Hongri-Acron

Acron sold its subsidiary holding 50.5% shares in China’s Hongri-Acron, the Russian fertilizers company said. An investment and industrial company from Hong Kong acted as a buyer. “In line with Acron Group’s long-term development strategy, we decided to sell our stake in Hongri Acron plant in China and focus on further development of our Russian…

Russia: wheat harvest to exceed 70 million tons

Analysts of Rusagrotrans CJSC increased their estimations of the general grain harvest in Russia in the current year to 115.8 million tons, as opposed to 113 million tons of the previous forecast, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky declared. Rusagrotrans increased the forecast due to significantly improved estimations…

Russia: grain exports to go down

In the beginning of 2016/2017 MY, the export rates of Russian grains will be slightly lower compared with the same period last season, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky has said. In July the volumes of grain exports will total nearly 2 million tons (the forecast remained unchanged),…

Russia: Ural Airlines selects airRM as its revenue management system

Revenue management systems, a Mercator Company (RMS), a global leader in revenue management solutions, has been selected by Ural Airlines, one of Russia’s fastest growing airlines, to provide state-of-the-art revenue management, inventory control, and reporting tools to the airline. Leveraging the robust capabilities of airRM, the innovative revenue management software developed by RMS, the airline…

Ukraine: silos modernized and moving North-West

Despite difficult economic conditions in the grain market, in recent years Ukrainian farmers have increasingly focused attention on construction or modernization of their own storage facilities. Both rich harvests of previous years and deferred demand for construction of granaries due to unstable political and economic situation in the country contributed to this intense interest. (UkrAgroConsult/Business…