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…