Russia: oil joint venture granted subsoil license for the Tsentralnaya structure in the Caspian Sea

The Tsentralnoye oil, gas and gas condensate field was discovered in 2008 following the Tsentralnaya-1 prospecting drilling. According to the National Register, the field’s C1+2 recoverable reserves are estimated at 135 million tons of reference fuel (liquid hydrocarbons approximately 70%). LLC Neftegazovaya Kompaniya Tsentralnaya (Central Oil and Gas Company), a joint venture of PJSC LUKOIL,…

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Russia: RHH signs contract with Indonesia

Russian Helicopters Holding signed several contracts on the delivery of components to Southeastern Asia, the company informed. In particular, it concerns contract with Indonesia, Thailand, etc. Russian Helicopters is a subsidiary of Oboronprom included into Russian Technologies. It provides control over Moscow M. Mil’s Helicopter Plant, Kamov, Ulan Udinsky Aviation Plant, Kazansky Helicopter Plant, Rostvertol,…

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Russia: mass production of Korsar surveillance UAVs to start in 2017

Serial production of the Russian Korsar (Corsair) surveillance unmanned aerial vehicles (UAVs) will start in 2017, a manufacturing firm United Instrument Manufacturing Corporation (UIMC) spokesperson reported. “Russia’s newest tactical surveillance UAVs of the Korsar tactical family will go into production in 2017”, the spokesperson said. The spokesperson added that in the long term the Korsar…

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Russia: Krasnodar Krai seaports export 11.8 million tons of grains in January-August 2016

In January-August the seaports of Krasnodar Krai (Yeysk, Kavkaz, Novorossiysk, Temryuk, Taman and Tuapse) exported 722 vessels with grain and its by-products, at the volume of 11.807 million tons, the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) declared. In the reporting period the seaports of Krasnodar Krai shipped grain cargoes to 54 countries. In…

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Belarus: dump trucks and mining equipment to be exported to Armenia

Belarus plans to export dump trucks and mining equipment to Armenia. The issue was discussed during the trip of Belarusian Ambassador Igor Nazaruk to Armenia’s Syunik Province. The Ambassador visited a number of Armenian mining enterprises, in particular, Zangezur Copper and Molybdenum Plant, Agarak Copper and Molybdenum Plant, Kapan Mining and Processing Plant. The meeting…

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Azerbaijan: state securities market up

The total turnover of exchange transactions on all instruments at the Baku Stock Exchange exceeded 2.94 billion manat in January-August, down 2.5 times YoY. The volume of the state securities market totaled 350.6 million manat (up 18.3 times), while the turnover of corporate securities market reached 75.21 million manat (down 22.2 times). The volume of…

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