Electrical power output of Belarus’ power generating companies reduced by 2.8% YoY in January-June, to 16.6 billion kilowatt-hours (kWh), an official with the National Statistics Committee of Belarus (Belstat) reported. Thermal energy output in H1 2016 went up by 0.9% YoY, to 32.8 million gigacalories. (Prime-TASS/Business World Magazine)Details
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In July Belarus’ gold and foreign exchange reserves rose by $315.4 million if calculated in accordance with methods of the International Monetary Fund. According to preliminary data, the reserves totaled $4,629.6 million as of August 1, according to the Information and PR Department of the National Bank of the Republic of Belarus. In national terms…Details
Construction of two main blocks of the Shah Deniz Bravo (SDB) offshore platform, which is being built as part of the development of Azerbaijan’s Shah Deniz gas and condensate field, has been completed by more than 50%, a source on the country’s oil and gas market said. The source said that assembling of topside modules…Details
The Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and the China Council for the Promotion of International Trade (CCPIT) signed a memorandum of understanding. The memorandum was signed during the meeting of representatives of AZPROMO and CCPIT in Baku. The memorandum stipulates expanding joint export and investment opportunities between Azerbaijan and China, as well as…Details
Khorog, the capital of the Gorno Badakhshan Autonomous Region (GBAO), will host an annual Pamir Invest Forum to promote investment and regional trade. The Forum Pamir Invest-2016 that will take place in Khorog from August 23-24 is expected to bring together domestic and foreign investors, heads and representatives of international organizations active in Tajikistan. Local…Details
Public joint-stock company Plant Mayak (Kyiv), part of Ukroboronprom State Concern, is preparing for batch production of new 60mm caliber mortars “Kamerton” designed to meet NATO technical standards AQAP-2000. At the presentation of a sample Mayak Director Oleksandr Perehudov said that batch production of new Kamerton mortars was scheduled for August after finishing tests by…Details
A new coal price of 1,370 UAH per ton will enable Ukraine to diversify the sources of anthracite coal supply, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. “We’re actively working to diversify the supplies of anthracite coal from the ATO zone. The first ship from another source of coal supply will arrive…Details