Alternative and renewable energy sources won’t be able to completely replace the traditional ones, Azerbaijan’s Energy Minister Natig Aliyev said, according to the message of the country’s Ministry of Energy. “Despite the work done in this sphere, the share of renewable energy on Azerbaijan’s energy balance is not so high for now, and it’s necessary…Details
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As many as 62 projects by Azerbaijan’s entrepreneurs have received an investment promotion document worth 787 million manats since April, the country’s Economy Minister Shahin Mustafayev said. The minister said that currently nine projects worth 55 million manats were also being considered. “The implementation of these projects will make it possible to open over 5,000…Details
Ukraine: growth of soybean processing capacities to increase the competition for oilseed raw materials
In the season-2015/2016 the processing volumes of soybeans at oil in Ukraine increased to 1.15 million tons, as opposed to 1 million tons in 2014/2015 MY (up by 14%), due to modernization of the existing processing lines, and increasing of the production capacities through launching of a new large factory of LLC Katerynopilsky Elevator at…Details
Russian gas giant Gazprom has increased its transit request through Ukraine to 277 million cubic meters daily, Maxim Belyavsky, spokesman for gas pipeline system operator Ukrtransgaz, said in a Facebook post. “A daily order for transit of 277 million cubic meters has arrived from Gazprom today. As far as I remember, this is the highest…Details
The National Agency for Energy Regulation (ANRE) set new price ceilings for gasoline and diesel fuel. The new prices will be applied between October 19 and November 1. The price ceiling for a liter of gasoline coded 95 is 16.84 lei, up from 16.24 lei until now, while for a liter of diesel fuel is…Details
At an intergovernmental meeting between the Kyrgyz authorities and the Chinese authorities, the Minister of Economy said that the country could increase the volume of exports of agricultural products to other countries of the EEA (market of 170 million persons) and to China. Export of Kyrgyz products to China increased by 88.3% in 2016 and…Details
Belarus’ OAO Keramin (based in Minsk, sanitary stoneware manufacturer) earned a net profit of Br3.754 million ($1.95 million) in H1 2016, down by 46.4% YoY, according to the Q2 report of the Finance Ministry’s Department for bonds and securities. Keramin’s sales proceeds totaled 69.895 billion rubles ($36.307 million), down by 1% YoY. The statutory capital…Details