The first technical expert meeting related to developing relations between Ukraine and the Hellenic Republic in the marine industry has been held in Athens, where the parties defined the specific areas of cooperation, the Ukrainian Sea Ports Authority (USPA) reports. “On September 13-14, the meeting was held in the Greek Shipping and Island Policy Ministry…
DetailsAs of September 20, Ukrainian agrarians harvested 40.812 million tons of grains throughout the areas of 10.392 million ha, or 72% of the plan. The average yield totaled 3.93 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 39.3…
DetailsAgroliga – group of agricultural companies begins the construction of a new sunseed oil extracting plant with project capacity of 170 KMT of oilseeds per year. After the launch of the first production line, planned for September-October 2017, the crushing capacity will equal 100 KMT per year. Financing will be mixed and will be done…
DetailsThe State Unitary Enterprise (SUE) Dushanbevodokanal (DVK, municipal waterworks) plans to raise water prices by 20% beginning on October 1. The Antimonopoly Agency has partially complied with the DVK proposal to raise water prices for residential customers. “Starting from October 1, the price of one cubic meter of water for residential customers will be raised…
DetailsOrganized by the World Bank, the Central Asia Water Future Forum and Expo is being held in the Kazakh city of Almaty on September 19-22. The event has reportedly brought together over 200 policy makers and practitioners from governments of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, and Afghanistan, the international community of water practitioners, as well…
DetailsTrans Adriatic Pipeline (TAP) AG hired Ulrike Andres as its new Commercial & External Affairs Director. Andres has held a number of management roles at a senior level in the oil and gas industry and joins TAP from the Transalpine Pipeline Group – Europe’s largest pipeline company transporting crude oil from Trieste to eight central…
DetailsThe construction of the Trans Adriatic Pipeline (TAP), which is designed to transport Azerbaijani gas to Europe, is progressing in Greece. TAP AG tweeted that over 17 km line pipes have been strung and 5 km welded along the pipeline route in Greece. On August 24, TAP AG tweeted that it started welding pipes in…
DetailsTajikistan has begun supplying surplus electricity to the neighboring Kyrgyzstan after all. According to Barqi Tojik (Tajikistan’s national integrated power company), about 14% of electricity generated in Tajikistan last month was exported to the neighboring countries, including Kyrgyzstan. Last month, Tajikistan reportedly supplied 10.2 million kWh of surplus electricity to Kyrgyzstan, down by 32.2 million…
Details24 state property units were sold as part of another auction held by the Azerbaijani State Committee on Property Issues on September 20, within the new privatization program in the country. As a result, some 1.1 million manats will be transferred to the country’s state budget. The third stage of privatization started as part of…
DetailsThe work within the Shah Deniz Stage 2 project has been completed by 80%, Rovnag Abdullayev, president of Azerbaijan’s state oil company SOCAR, said. “The work on Shah Deniz 2 successfully continued in the first half of 2016”, he said. “For the present, the four-fifths of the planned works, including engineering, construction and other works…
DetailsA committee for the organization of the 2017 Belarusian Industrial Forum, that will take place in Minsk on May 23-26, 2017, has been set up in Belarus in line with the executive order No.388p signed by the Prime Minister Andrei Kobyakov, the press service of the Belarusian government reported. The committee will be chaired by…
DetailsOmani businessmen show interest in establishing cooperation with Belarusian mechanical engineering companies, Chairman of the Belarusian Chamber of Commerce and Industry (BCCI) Vladimir Ulakhovich said. “Omani businessmen show interest in the flagship companies of our mechanical engineering industry. First economy class MAZ buses have already been shipped to this country. An agreement has also been…
DetailsThe National Bank of Ukraine is interested in further development of high-tech financial market in Ukraine, as it will positively influence the implementation of Cashless Economy project. That was reported by Serhii Shatskyi, Director of Payment Systems and Innovative Development Department. “NBU is committed to assist the Ukrainian payment market to become mainly cashless; for…
DetailsNational Bureau of Statistics (NBS) announced economic growth. According to statistics, in the second quarter of 2016, the gross domestic product (GDP) amounted to 31 million 434 000 lei. Thus, the real economic growth was 1.8% YoY. However, the share of exports was down against 2015. In January-July Moldovan economic agents exported goods worth over…
DetailsHaving successfully implemented the first stage of the Rail Baltica project, Lithuania has been the first of the Baltic States to embark on the second stage of the project – the construction of a European standard gauge railway from Kaunas to the Lithuania-Latvia border, the press center of Lithuania’s Ministry of Transport and Communications reports.…
DetailsBy the end of 2016 Kazakhstan plans to export 30 KMT of soybean to China. This became possible due to the Protocol on phytosanitary requirements in terms of soybean supplies which was signed on September 2, in the framework of Kazakhstan’s visit to G20 in Hangzhou. Presently, export geography of Kazakh soybean consists of 5…
DetailsAccording to the official statistics figures, in 2015/2016 MY (September-August) Ukraine exported nearly 42 thousand tons of flaxseed, up by 65% YoY (25.4 thousand tons), which became the maximum index for nine recent seasons. In 2015/2016 MY, Vietnam (51%), Egypt (13%) and Turkey (9%) became the largest importers of Ukrainian flaxseed. In 2014/2015 MY the…
DetailsPresident of Azerbaijan’s State Oil Company (SOCAR) Rovnag Abdullayev has revealed the volume of production at Azeri-Chirag-Gunashli (ACG) block of oil and gas fields. Abdullayev said that 407 million tons of oil and 124.3 billion cubic meters of associated gas had been produced at Azeri-Chirag-Gunashli block of oil and gas fields in the Azerbaijani sector…
DetailsOver $68.2 billion has been invested in Azerbaijan’s oil and gas sector from 1995 till 2016 as part of the production sharing agreements, Rovnag Abdullayev, president of Azerbaijan’s state oil company SOCAR, said. “Currently, SOCAR successfully represents Azerbaijan in 17 production sharing agreements signed with 23 companies from 15 countries”, he said. At the same…
DetailsFinnish companies are eager to buy timber products via Belarusian Universal Commodity Exchange (BUCE), the BUCE press service reported. The possibility of such cooperation was discussed during the Belarus-Finland Economic Forum held in Gomel on September 13-14. Finnish businessmen were informed about BUCE’s key activities, the advantages of trading on the exchange, and also about…
DetailsCrews of the Caspian Flotilla ships and radiotechnical service held joint exercise on detecting surface and aerial targets, says press center of RF Defence Ministry. Podsolnukh, over-the-horizon radar, was operated during the exercise. Podsolnukh is capable of detecting naval surface and aerial targets at different altitudes within line-of-sight distance and beyond the horizon. Dagestan and…
DetailsThe Belarus-Russian joint venture Brestgazoapparat plans to start building a transport and logistics hub worth Br4.784 million ($2.446 million) in October and is currently seeking a general contractor for the project. The closing date for applications is September 30. Brestgazoapparat is to launch the new logistics hub in May 2018. Brestgazoapparat is a group of…
DetailsThe Belarusian industrial group Belorusneft has signed an engineering and advisory services contract with Oil India, the press service of the Belarusian company reported. Under the contract, Belorusneft will provide comprehensive technology-intensive services to rehabilitate the Digboi oil field, India’s oldest oil field. Industrial reserves of oil were discovered there back in 1889. As of…
DetailsBelarus’ investment potential was presented at the fifth China-Eurasia Expo in Urumqi, the capital city of China’s Xinjiang Uygur Autonomous Region. The opening ceremony of the expo was held on September 20. This year, Belarus participates in the expo as a guest of honor. This means that Belarusian exhibitors will enjoy the best locations and…
DetailsBelarus’ proceeds from exports of petroleum products to Poland grew 3.36 times YoY in January-July to $129 million, a source in the profile ministry reported. Belarus exported 367,216 tons of petroleum products to Poland in January-July, up 5.43 times YoY. Belarus exported 151,080 tons of petroleum products to Poland in 2015 (up 2.57 times YoY)…
DetailsEnergy systems of Belarus and Ukraine on October 1, are due to change over to the practice of keeping hourly records of electric power exchange, Belarus’ energy industries concern Belenergo said in a release. Energy authorities of Belarus and Ukraine earlier signed a corresponding agreement, Belenergo explained. In 2016 Belarus plans to import electric energy…
DetailsBelarus’ retail turnover, including the public catering sector, went down by 2.9% YoY in January-August to 23.715 billion Belarusian rubles ($12.146 billion) in comparable prices, an official with the National Statistics Committee (Belstat) reported. Trade organizations accounted for 85.2%, and individual entrepreneurs and newly formed unitary companies accounted for the rest (14.8%). The trade turnover…
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