Over the first ten days of 2017 Ukrainian consumers of all categories used 1.609 billion cubic meters of natural gas, down by 12.2% YoY, the press and public relations department at PJSC Ukrtransgaz reports. In particular, Ukrainian consumers used 0.6 billion cubic meters of natural gas of domestic production, 0.4 billion cubic meters of natural…Details
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The first five tractors Belarus-320.4 by Bobruisk Plant of Tractor Parts and Units (BZTDiA trademark) have been shipped to Russia’s Sakhalin region within the framework of the Far East Hectare program, the marketing department of the plant reported. The tractors were sent under the state support program. The recipients are five residents of Tymovsky district…Details
Gas pumping from Ukraine’s underground gas storage facilities this heating season is 3.27 billion cubic meters, down by 19% YoY (4.07 billion cubic meters), the press service of Naftogaz Ukrainy has reported. “Gas pumping from underground gas storage facilities this winter is 19% less than last winter (and 45% less than in 2014/2015 season). This…Details
Belarus President Alexander Lukashenko has approved a draft agreement between the government of Belarus and the government of the Hong Kong Special Administrative Region of the People’s Republic of China on the avoidance of double taxation and prevention of income and capital tax evasion as a basis for further talks. Corresponding decree No. 6 dated…Details
The World Bank (WB) has increased its forecast for Kazakhstan’s GDP growth for 2017. According to the WB January 2017 Global Economic Prospects report, real GDP growth in Kazakhstan will amount to 2.2% in 2017. The WB also forecasts Kazakhstan’s GDP growth to recover to 3.7% in 2018 and to 4% in 2019. The forecast…Details
Real GDP growth of Uzbekistan will amount to 7.4% in 2017, according to the January 2017 Global Economic Prospects report of the World Bank (WB) published on its website. The WB expects that Uzbekistan will keep economic growth at 7.4% also in 2018 and in 2019 given stabilization of commodity prices. In June last year…Details
Holders of eurobonds of the nationalized PrivatBank (Dnipro) seek to challenge the forced exchange of their securities to the additionally issued shares in the London Court of International Arbitration (LCIA). Dechert law firm acts as advisor to the bondholders. The holders of the bonds, including First Geneva Capital Partners, Pala Assets and Pioneer Investment Management,…Details