Ukraine: two seaports renamed

The Cabinet of Ministers of Ukraine decided to rename two geographical objects – SE Sea Commercial Port of Illichivsk and Specialized Sea Port Oktyabrsk. The decree #46 dd. January 25, is published on the government web-portal. According to the document, the officials named the seaport of Illichivsk Chernomorsk Commearicla Sea Port, and the specialized sea…

Ukraine: electricity consumption up in January 2017

Electricity consumption in Ukraine in January, taking into account losses in electricity transmission, grew by 1.8% YoY, or by 263.4 million kilowatt-hours (kWh), to 14.913 billion kWh, the Energy and Coal Industry Ministry has reported. Electricity consumption, not including losses, over the period rose by 6.7% or 738.2 million kWh, to 11.793 billion kWh. Industry…

Ukraine: oil transit to Europe up in January 2017

Oil transit through Ukraine to Europe increased to 1.326 million tons in January, by 13.5% or 157.3 million tons YoY, Ukrtransnafta has reported. Oil shipment to refineries in Ukraine in January totaled 117,400 tons. In other words, transit shipments accounted for 91.9% of all crude oil transportation and refinery supplies accounted for 8.1%. Oil transit…

Kyrgyzstan: 7 companies to help sell Kara-Keche and Min-Kush fields

7 consulting companies are ready to help sell Kara-Keche and Min-Kush fields (Ak-Ulak section), the Chairman of the State Committee for Industry, Energy and Mining Duyshenbek Zilaliev declared. Applications for consulting services were received from “Beyond Investment Group” LLC, “Deloitte & Touche”, “Marka Audit Bishkek”, “Industrial electric maden”, “Standard Develop Consult”, “KPMG Tax and Advisory”…

Ukraine: Finance Ministry finishing talks with IMF

Ukraine’s Finance Ministry is finishing talks with the International Monetary Fund (IMF) regarding the next credit tranche, Finance Minister Oleksandr Danyliuk said. “We are at the final stages. Technical moments for receiving the next tranche are being discussed,” he said. The minister said that the negotiations with the IMF on the tranche could be finished…

Ukraine: to resume exports of eggs to Israel

Ukrainian poultry products could return to the Israeli market by the end of this spring, Ukraine’s Agricultural Policy and Food Ministry has reported. The ministry said that the talks between Ukraine’s State Service for Food Safety and Consumer Rights Protection and Israel’s Veterinary Service were being held. “The resumption of poultry products exports to Israel…

Ukraine: PrivatBank redirects claims of creditors in bail-in to NBU and DGF

PrivatBank (Dnipro) denies claims of creditors, liabilities of which were exchanged to additionally issued shares during the nationalization of the bank. “It is no secret that temporary administration (the Individuals Deposit Guarantee Fund) jointly with the National Bank of Ukraine (NBU) conducted the bail-in transaction when some passives affiliated with former shareholders as the NBU…

Belarus: export of dairy horse breeding technologies under consideration

OOO BelKumysProm in Logoisk district, Minsk region is considering the possibility of exporting dairy horse breeding technologies, the company’s director Oleg Sivchenko said. The BelKumysProm director said: “We intend to seriously start selling dairy horse breeding technologies abroad. In particular, negotiations are in progress with several regions of Russia, with Kazakhstan and Lithuania. The company…

Uzbekistan: pensions to be paid in cash starting February 2017

President Shavkat Mirziyoyev signed the Resolution “On Additional Measures for Improvement of Wage, Pensions, Welfare Benefits and Stipend Payment Mechanisms.” The resolution outlines unprecedented steps to secure the rights and interests of pensioners, students and other socially vulnerable groups, who will now have fewer hurdles in paying for goods and services across Uzbekistan. The resolution…

Ukraine: sunoil production sets new record

Ukrainian crushers continue picking up the pace of sunseed processing in the current season of 2016/2017. Sunoil output has been hitting new monthly highs for a fourth month in a row. Ukraine’s large and medium-sized crushers produced an unprecedented 558 KMT of sunoil in December 2016 compared with 529 KMT in November 2016 and 363…

Kyrgyzstan: foreign trade turnover with the EAEU member-states down

In January-November of 2016 Kyrgyzstan decreased foreign trade turnover with the member-states of the Eurasian Economic Union (EAEU) by 16.7%, the Prime Minister of Kyrgyzstan Sooronbay Jeenbekov declared. The foreign trade turnover with the EAEU totaled $1.744 billion. In January-November 2016 the import supplies reached $3.62 billion, down by 0.1%. Imports reduced, due to lowering…

Ukraine: throughput of seaports up in January 2017

In January seaports of Ukraine handled 10.03 million tons of cargo, up by 14.6% YoY, preliminary statistics of Ukrainian Sea Ports Authority shows. Transshipment of export cargo totaled 8.094 million tons (+30.3%), imports – 1.423 million tons (-9%), transit – 475,000 tons (-50%), inland traffic – 39,300 tons. State stevedores under the Ministry of Infrastructure…