Ukraine: gas reserves up in mid-July 2017

Natural gas reserves in Ukrainian underground storage facilities (USFs) on July 15-22 increased by 2.9%, orby 355 million cubic meters, from 12.320 billion cubic meters to 12.675 billion cubic meters, according to the state-run gas transport system operator, Ukrtransgaz. The daily volume of gas injection into the USFs stood at about 58.7 million cubic meters,…

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Turkmenistan interested in foreign investors for its gas and chemical industry

Energy-rich Turkmenistan invites foreign investors to participate in the development of the gas and chemical industry. The country plans to build several large gas chemical complexes, a source in the fuel and energy complex of the country said. These large complexes will focus on the production of polyethylene, polypropylene, polyvinyl chloride, monoethylene glycol, dimethyl ether…

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Ukraine: Economy Ministry promulgates list of state enterprises to be privatized

The Ukrainian Ministry of Economic Development and Trade has published a list of state enterprises, organizations and institutions that will either remain in state ownership or will be transferred to concession, privatized or liquidated. The Cabinet of Ministers approved the relevant documents that together represented a strategic vision for the further management of state-owned enterprises,…

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Latvia: Norvik Banka and Rietumu Banka fined

Finance and Capital Market Commission in cooperation with Federal Bureau of Investigation’s Counterproliferation Center found out in a target inspection that Latvian banks – Norvik Banka and Rietumu Banka – had not followed requirements of regulations for the prevention of money laundering and terrorism funding. Violations are associated with client evaluation, which includes transaction monitoring…

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Ukraine: Finance Ministry and PrivatBank sign memorandum of cooperation

The Finance Ministry of Ukraine and PrivatBank signed a memorandum of cooperation, which would allow using unique achievements and technologies of the bank in the IT industry to create a unified system for verifying budgetary payments in Ukraine, the PrivatBank press service reports. According to Finance Minister Oleksandr Danyliuk, the national budget annually loses billions…

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Belarus: first berry harvester undergoing testing

The new berry harvester designed by the National Academy of Sciences of Belarus is intended for harvesting currant, raspberry, black chokeberry, and other varieties, Sergei Yakovchik, the director general of the research and practical center for agriculture mechanization at the National Academy of Sciences of Belarus, reported. Currently, the berries are harvested in Belarus with…

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Kazakhstan: PM surveys reconstruction of an airport in NKO

Prime Minister of Kazakhstan Bakytzhan Sagintayev visited North Kazakhstan region. While in the region, the premier surveyed the progress of reconstruction and familiarized with the prospects of development of transit potential of the Petropavlovsk International Airport. Vice governor of North Kazakhstan region Anton Fedyayev briefed Prime Minister Sagintayev on reconstruction of the terminal and landing…

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