Azerbaijan: wheat imports down in H1 2016

In January-June the import volumes of wheat to Azerbaijan totaled 682.8 thousand tons, down by 14.7% YoY, the State Statistical Committee of the Republic of Azerbaijan reported. According to the statistics figures, the total cost of imported wheat to the country reached $129.13 (down by 31.1%). In the reporting period Azerbaijan imported 71.4 thousand tons…

Ukraine: flour output down in January-July 2016

In January-July Ukrainian flour-milling enterprises produced 1.036 million tons of flour, down by 7% YoY, the State Statistics Service of Ukraine declared. At the same time, the production volumes in July totaled 149 thousand tons, up by 12.5% MoM and down by 7.2% YoY. In January-July the production volumes of crude sunflower oil in Ukraine…

Latvia: high-level officials meet to discuss Rail Baltica Intergovernmental Agreement

High-level officials from Estonia, Latvia and Lithuania on August 11, met in Riga to discuss the Intergovernmental Agreement between the states on Rail Baltica railway project implementation. According to Lithuania’s Ministry of Transport and Communications, it was the second round of consultations, after the first on held at the beginning of June. Representatives covered a…

Germany: Bundeskartellamt approves of Rosneeft- BP JV

Germany’s antimonopoly authority Bundeskartellamt has approved of establishment of a joint venture between Russian oil major Rosneft and British BP called Yermak Neftegaz. Rosneft and BP signed legally binding documents to establish Yermak Neftegaz for geological exploration of fields in West Siberia and the Yenisei-Khatanga Basin in June. Under the agreement, Rosneft will own a…