The EU countries reached the first position in the imports of Ukrainian sunflower oil, and even outranked India, due to rather significant import volumes in June. Since the beginning of 2015/2016 MY European countries purchased 1.23 million tons of sunflower oil, while India – 1.19 million tons. Also, in the current season the European Union…Details
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The Cabinet of Ministers has decided to create PJSC Trunk Gas Pipelines of Ukraine within the management of the Energy and Coal Industry Ministry of Ukraine by September 1. The relevant provision is contained in the plan of restructuring Naftogaz Ukrainy, approved by cabinet resolution No. 496 dated July 1. Under the resolution, a proper…Details
Azerbaijan’s state oil company SOCAR will additionally produce about 5,480 tons of oil per year thanks to the commissioning of three new wells, which are being drilled at offshore fields Pirallahi-deniz and Darwin Bank, as well as the Saadan onshore field, SOCAR said. The projected depth of the well #1155 at the Pirallahi-deniz field is…Details
It is necessary to create holding companies out of major light industry enterprises. Deputy Prime Minister of Belarus Vladimir Semashko gave the relevant instructions to top officials of the Belarusian light industry concern Bellegprom, the concern’s press service reported. Vladimir Semashko took part in a session of the Bellegprom management board. In his speech he…Details
Head of State Nursultan Nazarbayev held a meeting with Minister of Energy Kanat Bozumbayev. Bozumbayev informed the President of the key indicators of development of oil and gas, petrochemical and energy sectors and about the plans on the work for the nearest future. Besides, the interlocutors discussed the progress in implementation of big investment projects…Details
Plans have been made to set up a Belarusian-Turkish joint venture to make soft furniture at premises of the Molodechno-based furniture maker ZAO Molodechnomebel, Ruzhena Novitskaya, Press Secretary of the Belarusian timber, woodworking, pulp and paper industry concern Bellesbumprom, reported. A delegation of the Chamber of Commerce and Industry of the Turkish city of Inegol…Details
Nationals of Iran and Azerbaijan will be able to use their bank cards in the two countries’ territories once Iranian banks connect to the national card payments network created by Azerbaijan’s Central Bank. “Since Iran has not yet connected to any international payment system (Visa or MasterCard), the integration of the two countries’ card systems…Details