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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Ukraine: airlines see 25.5% rise in passenger transportation in January-August 2016

Ukrainian airlines saw a 25.5% rise in passenger transportation in January-August YoY, to 5.284 million people, according to the State Aviation Service of Ukraine. International routes usage grew by 25.4%, to 4.771 million people. Passenger flow via Ukrainian airports rose by 16.2%, reaching 8.288 million. Passenger flow on international flights grew by 14.8%, to 7.244…

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Ukraine: Ukroboronprom prepared to transfer 3 Mi-24PU-1 modernized helicopters to army

The state-run enterprise Konotop Aircraft Repair Plant Aviakon (Sumy region), part of Ukroboronprom Concern, has modernized three attack helicopters Mi-24PU-1 for the Armed Forces of Ukraine. The helicopters are ready to be handed over to the Land Forces, the concern’s press service reported. During Mi-24PU-1 development special attention was paid to attack helicopters’ security enhancing.…

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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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