In January-August Vostochny Port JSC handled 15.8 million tons of cargo, up by 2.4% YoY. According to the stevedore’s statistics, coal exports in August totaled 2.24 million tons. From the beginning of 2016, the company handled 349 bulk carriers including 49 vessels loaded in August. Vostochny Port JSC (Primorsky Territory) is Russia’s largest publicly available…Details
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Russia’s Energy Ministry favors stability in taxation of the oil and gas industry, Deputy Minister Kirill Molodtsov said. “In fact, the industry first of all needs stability. It is important for us to ensure the level of production in 2020, 2022, and 2027. In this sense, the energy strategy is already at the final stage…Details
Russia’s Federal Service for Veterinary and Phytosanitary Oversight has introduced a temporary ban on imports of vegetables and fruits of high phytosanitary risk from Egypt starting from September 16. The ban will be in effect until Egypt takes efficient measures to ensure phytosanitary safety of products supplied to Russia, the watchdog said. The regulator said…Details
Since the beginning of 2016/2017 MY, and as of September 14, the volume of grain exports from Russia totaled 7.453 million tons, down by 2.7% YoY (7.659 million tons), the Ministry of Agriculture of the Russian Federation declared. According to the announcement, the wheat volumes formed 6.316 million tons from the reporting export volumes, barley…Details
The Southern Gas Corridor (SGC) will bring tens of billions of net profit to Azerbaijan in 2018-2019, President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev said. “Shah Deniz 2 is one of our most promising projects. The development of the huge Shah Deniz field, which has around 1.2 trillion cubic meters of…Details
Head of the Turkish Calik Holding Ahmet Calik at a meeting with Turkmen President Gurbanguly Berdimuhamedov told about the process of construction of an international seaport in Turkmenbashi city, said the message of the Turkmen government. Calik received specific instructions of the Turkmen president in this regard, according to the message. The Turkish holding will…Details
Latvia’s meat processor Forevers is aiming to increase its revenues by up to 5% in 2016, the company announced following the release of its improved sales results for last year. To enable this, Forevers is currently implementing a number of investments to raise its output capacity. For 2015, Forevers reported sales of some 30.1 million…Details