In 2017 PJSC Ukrgazvydobuvannia plans to invest 30 billion UAH in drilling and purchase of new equipment, head of the company Oleh Prokhorenko has said at a press conference in Kyiv. According to him, next year the company intends to drill about 100 new wells, overhaul 500 existing wells, as well as carry out operations…Details
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Lower-than-usual temperatures (down by 2-4 degrees C from their long-term average) were registered in the west and north-west of Romania. Temperatures above the long-term normal occurred in the south of the country and in its northeastern region named Moldova (2 C). Air temperatures averaged within –8 and +10 C, peaked at +12 C in the…Details
The weather was colder-than-usual and featured precipitation. Diverse temperatures and precipitation shortages were reported in the country. The average weekly air temperature was +0.1 to +2.5 degrees C, mostly 1-2.4 C above normal. Air temperatures peaked at +14 C – this occurs on average once per seven years at the time – and bottomed out…Details
The leader in the sphere of trading in agricultural products and sunflower oil production in the Republic of Moldova – the company Trans-Oil Group – invested $6 million in increasing capacities of the grain terminal in the Giurgiulesti International Free Port, the press-service of the company declared. According to the announcement, the funds from the…Details
In the first five months of the current season pea exports from Ukraine have managed to exceed last season’s potential. 252 KMT of peas were shipped for export from July through November, up by 4.5% YoY (242 KMT). Traditionally, the key importer remains India with its export share reaching 43%. Ukrainian exporters supplied roughly 108…Details
In January-November the grain terminal JSC Ak Biday Terminal, the subsidiary company of the National Company Food Contract Corporation JSC, exported over 452 thousand tons of grains through its grain terminal in the Aktau port, the press-service of Food Contract Corporation declared. According to the announcement, in the same period of 2015 the shipped volumes…Details
Purchase prices for grains on Bulgaria’s domestic market somewhat sank last week. They were pressured primarily by volatility of the national currency against the U.S. dollar. Overall, the pace of grain market purchases is estimated as stable. Purchase prices for wheat are being pressured by its sufficient supply on the domestic market despite quick sales.…Details