Ukraine: gas stocks down

Gas stocks in Ukraine’s underground storage facilities have declined by 22.2% or 3.272 billion cubic meters to 11.460 billion cubic meters since October 13, 2016 when the current heating season began, through January 8. Ukraine withdrew 86.33 million cubic meters from underground storage on January 8, and a total of 533.38 million cubic meters in…

Georgia: international arrivals up in 2016

Visits to Georgia by foreign citizens reached 6,350,825 in 2016, up by 7.6% YoY, according to the data released by the Interior Ministry. The Interior Ministry compiles statistics based on border crossing data. Travelers entering Georgia and staying in the country for more than 24 hours are classified as “tourists”. Of the total 6.35 million…

Belarus: Bellesbumprom enterprises branch out into 12 new markets in 2016

Bellesbumprom enterprises branched out into 12 new markets in 2016, Bellesbumprom spokesperson Ruzhena Novitskaya said. “The export geography of Bellesbumprom enterprises included such new destinations as Bangladesh, Bahrain, Cameroon, Kenya, South Africa, Sri Lanka, Morocco, the UAE, Albania, Iraq, Israel, and Luxembourg. In January-November 2016, the enterprises of Bellesbumprom exported $268.5 million worth of products…

Ukraine: application for gas transit via GTS up

Russia’s Gazprom increased an application for Russian gas transit via the Ukrainian gas transport system (GTS) by 10% compared to first days of January, to 278.9 million cubic meters, spokesman for the pubic joint-stock company Ukrtransgaz Maksym Beliavsky has said. “By the way, Gazprom sent the expanded application for transit to Europe – 278.9 million…

Azerbaijan to create joint drug plants with Turkey and Ukraine

Azerbaijan is holding negotiations to create pharmaceutical plants jointly with Turkish and Ukrainian companies, Shahin Mustafayev, Azerbaijani economy minister and chairman of the country’s Tariff (price) Council, said. Mustafayev noted that currently those Turkish and Ukrainian companies were preparing business plans and documents on technical justification of their projects. “Meanwhile, work is being carried out…

Ukraine: electricity exports in 2016

In 2016 Ukraine exported $152.063 million worth of electricity, in particular $14.278 million in December 2016. According to the State Fiscal Service, electricity delivered to Hungary amounted to $119.317 million last year, to Poland to $32.392 million, Moldova to $347,000, and other countries to $7,000. Thus, in money terms exports of Ukrainian electricity last year…

Kazakhstan: inflation hits 8.5% in 2016

Inflation rate in Kazakhstan hit 8.5% in January-December 2016, Statistics Committee of the Ministry of National Economy of Kazakhstan reported. Food prices have increased by 9.7%, non-food items’ prices have gone up by 9.5%, and paid services’ prices have increased by 6.1% since early 2016. In December 2016 the inflation rate was 0.9%. Food prices…