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Ukraine: electricity exports up in 2018

UkraineBy admin2019-01-22Leave a comment

Ukraine boosted electricity exports by 19.36% in 2018 from 2017, to 6.166 billion kWh. Over the period under review, Ukraine exported about 3.59 billion kWh of electricity to Hungary, which accounted for 58% of electricity sales abroad, 1.4 billion kWh to Poland (23%), and 960 million kWh to Moldova (16%), according to the website of…

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Ukraine: Centrenergo to switch to gas coal in 2019

UkraineBy admin2019-01-21Leave a comment

PJSC Centrenergo will be transferred to gas coal in 2019, Energy and Coal Industry Minister Ihor Nasalyk has said. “PJSC Centrenergo consumed 2.2 million tons of anthracite in 2016, 800 thousand tons in 2017, and 400 thousand tons in 2018. The balance forecast and fuel structure for 2019 envisage no anthracite consumption at all,” Nasalyk…

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Uzbekistan: trade with Russia up in 2018

UzbekistanBy admin2019-01-21Leave a comment

The trade turnover between Russia and Uzbekistan in 2018 increased by 21% YoY, to $5.7 billion, said the Ambassador of Uzbekistan to the Russia, Bortizhon Asadov. “Russia remains the largest trading partner of Uzbekistan. Mutual trade grew by 21% and reached $5.7 billion at the end of 2018,” the ambassador said. President of Uzbekistan Shavkat…

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Kyrgzystan: Air Manas airline repeatedly cancels all flights to Osh

KyrgyzstanBy admin2019-01-21Leave a comment

Air Manas airline canceled Bishkek – Osh – Bishkek flights due to production reasons. Flights ZM 193EUR 194 and ZM 197EUR 198 were cancelled on January 18. Technical service immediately began troubleshooting. Passengers of canceled flights can exchange tickets for other flights or get a full refund. Previously, the company has already canceled flights until…

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Kazakhstan: Sky Service airline’s flights suspended

KazakhstanBy admin2019-01-21Leave a comment

Kazakhstan’s Civil Aviation Committee suspends all the flights operated by Sky Service airline. “Due to the recent crash of Eurocopter ES130 T2 in Almaty, the Civil Aviation Committee decided to suspend flights of Sky Service airline,” a press release reads. Besides, the Committee notified all air carriers and operators to strictly observe flight operations regulations…

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Ukraine: inflation not to exceed 7% in 2019

UkraineBy admin2019-01-21Leave a comment

The National Bank of Ukraine (NBU) forecasts that inflation rate in Ukraine will not exceed 7% at the end of the year. NBU Governor Yakiv Smolii said this during his speech in the Verkhovna Rada. “Inflation is expected to be not more than 7% at the end of the year, namely 6.9%,” said Smolii. As…

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Ukraine: GDP growth in 2018 estimated at over 3%

UkraineBy admin2019-01-18Leave a comment

First Deputy Prime Minister of Ukraine and Minister of Economic Development and Trade Stepan Kubiv said the growth of the country’s gross domestic product (GDP) in 2018 was estimated at more than 3%. “The beginning of 2019 is positive: estimates suggest GDP growth in 2018 exceeded 3%, inflation was less than 10%, and the average…

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Armenia: construction of new power station in Yerevan to launch soon

ArmeniaBy admin2019-01-18Leave a comment

The government has approved the direct contract in accordance with the framework agreement signed between the government, ArmPower CJSC and RENCO S.p.A. (Italy). The contract will allow the constructer to launch the process of building and operating a new 250 MW gas-fueled combined cycle electricity station in Yerevan. The construction of the station is expected…

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