As much as 750 million Russian rubles (RUB) will be poured into the Russian-Belarusian machine-building cluster based in Russia’s Cherepovets in the next decade, reads a message posted on the official web site of the governor of Russia’s Vologda Region. The regional government of Russia’s Vologda Region, Cherepovets Mayor’s Office, Cherepovets Castings Factory, Minsk Automobile…
Belarus’ exports of oil products dropped by 1% YoY in January-June to 8.86 million tons, Belstat said in a report. In value terms, Belarus’ exports of petroleum products decreased by 35%, to $2.45 billion. Belarus blames the drop in proceeds on the decline in oil prices on the global market. The largest volume of Belarusian…
Belarus’ chemical company OAO Grodno Azot has earmarked $9.6 million in the upgrade of air separation facilities at the methanol plant, a source in the profile ministry reported. The total value of the upgrade project is estimated at $42.4 million, including $9.6 million of own resources and $32.8 million worth of credits. The company plans…
In January-June Belarus exported 2.25 million tons of oil products to Ukraine, up by 64% YoY, a source in the relevant ministry reported. Belarus’ proceeds from exports of petroleum products to Ukraine grew by only 4% YoY, to $823.4 million, due to the global decline in oil prices. Belarusian petroleum products are shipped to Ukraine…
Azneft production association of Azerbaijan’s state oil company SOCAR plans to drill 11 new wells by the year end at the Gunashli and Chilov offshore fields, said a SOCAR message posted on its website. SOCAR plans to drill seven wells at shallow-water part of the Gunashli field and four wells at the Chilov field, which…
National air carriers of Azerbaijan and Turkey are satisfied with the level of the current cooperation and intend to further expand it, said the Vice President of Azerbaijan Airlines CJSC (AZAL) Eldar Hajiyev. AZAL and Turkish Airlines have been carrying out flights under a code-sharing agreement for two years, said Hajiyev. “This allowed for further…
At least 50,000 tons of Tash-Kumyr coal valued at 137.5 million soms will be purchased for Bishkek HPP, Electric Stations JSC reported. The company announced another tender for the purchase of fuel. The previous tender was canceled due to the fact that the committee members had questions as to coal caloric value. The procuring entity…