Kazakhstan: oil production to go up by 2021

Kazakhstan plans to increase oil production to 79.5 million in 2017 and to 86.5 million tons in 2021, according to the 2017-2021 socio-economic development outlook, the Kazakh National Economy Ministry reported. In the baseline scenario, the oil price is expected at $35 per barrel in 2017-2019, with an increase to $45 per barrel by 2021.…

Kazakhstan: 86 thousand tons of grains supplied to Azerbaijan in 2015-2016

In 2015/2016 MY, Kazakhstan exported 86 thousand tons of grains to Azerbaijan, the Ministry of Agriculture of the Republic of Kazakhstan declared. According to the announcement, Azerbaijan remains one of the traditional export markets for Kazakh grains. But during several recent years Azerbaijan reduced purchases of Kazakh grains due to increase of domestic production volumes.…

Belarus: machine-tool equipment to be supplied to Cuba

Ambassador Extraordinary and Plenipotentiary of Belarus to Cuba Alexander Aleksandrov and Cuban Minister of Heavy Industries Salvador Pardo Cruz discussed the deliveries of Belarusian machine-tool equipment to Cuba, the press service of the Foreign Ministry of Belarus reported. “During the meeting, the parties discussed topical issues of cooperation between the two countries in the field…

Belarus: planting campaign of rapeseed almost done

As of September 15, agricultural organizations of Belarus harvested 306.1 thousand tons of rapeseed with the average yield of 1.57 ton/ha. The harvested areas reached almost 195 thousand ha of the oilseed (92.4% of the plan).

In addition, agrarians planted winter crops throughout 476.3 thousand ha, or 35.4% of the plan. (APK-Inform/Business World Magazine)

Azerbaijan and Lithuania to expand co-op in railway sector

Azerbaijan and Lithuania have reached an agreement to even more expand bilateral cooperation in railway sector, spokesperson for Azerbaijan Railways Nadir Azmammadov reported. The agreement was reached during a meeting between the head of Azerbaijan Railways CJSC Javid Gurbanov and Lithuania’s ambassador to Azerbaijan Valdas Lastauskas in Baku. During the meeting, the parties discussed the…