Russia: High-Voltage Transformers to deliver transformers to ZapSybNeftekhim

The joint venture of Power Machines and Toshiba will deliver transformer equipment for a 500 kV substation of ZapSybNeftekhim, a fuel and petrochemical refinery under construction in Tobolsk (part of SIBUR Holding PJSC) – Russia’s most ambitious petrochemical project. Power Machines – Toshiba. High-Voltage Transformers (PMTT), a Russian company established in 2011, with operational assets…

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Azerbaijan: IFC considers funding Southern Gas Corridor project

International Finance Corporation (IFC) is considering the possibility of financing the Southern Gas Corridor project, IFC representative in Azerbaijan Aliya Azimova said. She pointed out that this project was of great importance for the entire region. “We constantly follow the ongoing processes in this project and systematically connect with its main participants. However, for the…

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Azerbaijan: GCCA to help expand agribusiness potential

The Global Cold Chain Alliance (GCCA) is prepared to help Azerbaijan expand the potential of agribusiness and make Azerbaijani agricultural products reach domestic and foreign markets, GCCA Vice President of International Programs Richard Tracy said. Tracy said he was impressed by some enterprises in Azerbaijan, adding that they fully met international standards, however, some businesses…

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Russia: Ferryboat Baltijsk to resume operations at Ust-Luga-Baltijsk line in September 2016

Ferryboat Baltijsk is planned to be returned to Ust-Luga-Baltijsk line in September, Andrei Moshkov, Deputy Director General of Rosmorport’s North-West Basin Branch referring to ferryboat operator Trans-Exim Ltd., said. Andrei Moshkov says the ferryboat’s engine is under repair. Ust-Luga – Baltijsk line was earlier serviced by three ferryboats: Baltijsk and Peterburg operated by Trans-Exim Ltd.…

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Ukraine: Antonov halts production due to broken ties with Russia

Ukrainian aircraft producer Antonov has suspended jet production due to halted cooperation with Russia, Andrei Khaustov, deputy director of the company’s department for advanced development, said. After relations with Russia worsened due to the conflict in Southeastern Ukraine Antonov decided to break production ties with Russian companies and switched to import substitution of components. “Now,…

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Ukraine: corn yields up

As of September 7, grains and pulses had been harvested from 9885 thousand ha (69% of the intended area) compared with 10419 thousand ha on September 7, 2015. Farmers obtained 38.525 MMT with average yields at 3.9 MT/ha (on the same date in 2015 – 37.404 MMT with the average productivity of 3.59 MT/ha). Buckwheat…

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Ukraine: electricity exports at $109.5 million in January-August 2016

In January-August Ukraine exported $109.49 million worth of electricity, in particular $11.122 million in August. According to the State Fiscal Service, electricity delivered to Hungary amounted to $82.897 million, $26.238 million to Poland, $347,000 to Moldova and $7,000 to other countries. In January-August Ukraine imported $2.759 million worth of power from Russia and $46,000 from…

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