Turkmenistan: oil concern to oversee PSA

A number of new departments have been established under the Turkmennebit (Turkmen Oil) state concern to further improve the activity of the Turkmen oil and gas complex. Among them are the department of production sharing agreements (PSA) and department of foreign relations. The department on the current repair and overhaul of wells, the department on…

Ukraine: army gets over 10,000 samples of armament

Since the beginning of 2016, the Ukrainian Armed Forces have received over 10,000 samples of armament and military equipment, and over 58,000 samples of ammunition, including anti-tank missiles. Official representative of the Ukrainian Defense Ministry, Colonel Oleksandr Chornobay said this at a briefing. “In particular, the army received artillery systems, motor vehicles, thermal imaging cameras,…

Ukraine: Naftogaz asking EC to set up mission to monitor gas transit due to pressure drops by Russia

The National Joint-Stock Company Naftogaz Ukrainy has turned to the European Commission asking it to consider setting up a transit monitoring mission to examine significant pressure drops in the Russian gas transmission system at the entry to Ukraine’s gas transportation system. “Naftogaz believes that the current situation requires comprehensive discussion involving representatives of the European…

Tajikistan: external debt-GDP ratio up

Tajikistan’s external debt-to-GDP ratio has reached 35.9%, Tajik Finance Minister Abdusalom Qurboniyon announced at a news conference in Dushanbe. “As of June 30, Tajikistan’s external debt amounted to $2.27 billion, or 35.9% of the country’s gross domestic product (GDP)”, the minister said. Qurboniyon attributed increase in the external debt to implementation of a number of…