Belarus’ chemical company OAO Grodno Azot said its nitrogen fertilizer exports reduced by 16.2% YoY in January-August 2016 to 215,700 tons (in terms of 100% nitrogen), a source in the profile ministry reported. In money terms exports shrank by 38.6% YoY to $94.934 million. The expert attributes shrinking proceeds to the decline in fertilizer prices.…Details
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The National Bank of Ukraine (NBU) still hopes by the end of the year to get the fourth tranche from the International Monetary Fund (IMF) under the EFF program in the amount of $1.3 billion, NBU Deputy Head Dmytro Solohub has said at a briefing in Kyiv. “This sum will be used to replenish international…Details
Belarus’ cargo traffic by all means of transport reduced by 4.3% YoY in January-September to 323.312 million tons, the National Statistics Committee of Belarus (Belstat) said in a report. Cargo transportation by railways in January-September stood at 93.221 million tons (down by 4.1% YoY), including transit cargo traffic at 22.6 million tons (down by 20.7%).…Details
Since the start of the grain sowing and till October 20, the amount of the accumulated effective warmth was 20-40% lower than last year. Due to this winter crops were developing rather slowly and now development pace lags behind last year. Despite low amount of rains in the second half of October, soil moisture stocks…Details
Azerbaijan’s Energy Minister Natig Aliyev will participate in the OPEC High Level Committee Meeting on implementation of Algerian agreements of OPEC and non-OPEC states, to be held in Vienna in late November, the Azerbaijani Energy Ministry said in a message. Along with Azerbaijan, invitations for the meeting were sent to such non-OPEC states as Russia,…Details
Azerbaijan is ready to share its experience in the field of energy with the Republic of South Africa and to assist it in development of a massive energy-producing potential, Azerbaijan’s Energy Minister Natig Aliyev said. The minister welcomed the newly appointed Ambassador of the Republic of South Africa Pule Isaac Malefane. The parties discussed the…Details
Residents of the Sumgait Chemical Industrial Park (SCIP) will start production in 2017-2018, Azerbaijan’s Deputy Economy Minister Niyazi Safarov reported. Safarov said that one of SCIP’s biggest residents SOCAR Polymer would begin test production in the second half of 2017 and would reach its full production capacity in 2018. The creation of industrial zones is…Details