Latvia: heating tariff in Riga to increase

From March 2022 onward the heating tariff of JSC Rigas siltums may increase by another 6.7%, according to the official entry in the Latvian Herald. From November 1 clients of JSC Rigas siltums pay 66.76 EUR/MWh for heating energy. From March 2022 the price will be 71.22 EUR/MWh. According to JSC Rigas siltums, tariff changes…

Lithuania: EUR 6 million earmarked for firms affected by China restrictions

The government earmarked 6 million euros for Lithuanian businesses affected by China’s restrictions. Finance Minister Gintare Skaiste said the money would help businesses boost their competitiveness and diversify markets. “Given the geopolitical tensions and the problems businesses are facing in China today, especially exporting businesses, we propose to provide 6 million euros from the European…

Uzbekistan: SOCAR and Uzbekneftegaz mull opportunities for joint projects

Uzbekistan’s Uzbekneftegaz JSC and the Oil and Gas Research and Design Institute of Azerbaijan’s state oil company SOCAR discussed the possibilities of joint implementation of projects in Uzbekistan. Reportedly, Chairman of the Board of Uzbekneftegaz Mehriddin Abdullayev and Director General of SOCAR’s Oil and Gas Research and Design Institute Fakhraddin Ismayilov held a meeting to…

Ukraine: almost $2.5 billion from international partners received

In 2021, Ukraine has received almost $2.5 billion from international financial organizations. “In 2021, we have continued to actively cooperate with international financial organizations and this year Ukraine received significant support from international partners, which shows confidence in Ukrainian institutions. In total, Ukraine has received almost $2.5 billion from the IMF, European Union, World Bank,…

Ukraine: gas deal signed with Hungary

Ukraine: gas deal signed with Hungary Gas TSO of Ukraine and FGSZ, Hungary’s gas transmission system operator, have concluded an agreement for the supply of a guaranteed volume of natural gas from Hungary to Ukraine starting from January 1, 2022, Sergiy Makogon, CEO Gas TSO of Ukraine, LLC, has announced. “I have good news on…