Ukraine: Ukrnafta to use UAH 360 million to intensify production in 2017

PJSC Ukrnafta plans in 2017 to invest UAH 360 million in intensification of hydrocarbon production, the press service of the company has said. According to its data, this year Ukrnafta plans to purchase 248 sections of electric submersible pumps, as well as submersible motors, gas separators, hydraulic protection, extension cables, submersible cables, submersible telemetry systems,…

Turkmenistan to develop market economy

Turkmen President Gurbanguly Berdimuhamedov during his inauguration ceremony held in Rukhiyet Palace in Ashgabat on February 17, named the support and development of entrepreneurship and market relations in different sectors of the country’s economy as one of the main objectives. A presidential election was held on February 12, in Turkmenistan. Gurbanguly Berdimuhamedov, who has been…

Ukraine: share of nuclear energy up

Ukraine has significantly increased the share of the nuclear energy in the overall energy balance of the country, president of Ukraine Petro Poroshenko stated at a meeting of the National Security and Defense Council (NSDC). “I am pleased to inform that we have increased the share of nuclear energy in the overall energy balance. From…

Uzbekistan: South Korea interested in textile industry

The Ministry of foreign economic relations, investments and trade held a meeting with representatives of the delegation of the Korean Federation of textile industries (KOFOTI) and the Korean Institute of Industrial Technology (KITECH). During the meeting, detailed information about the benefits and preferences created for foreign investors, particularly in the textile sector, as well as…