Russia: Transneft halts oil supplies to Ukraine

Russian oil pipeline monopoly Transneft has received instructions of the Central Energy Customs to suspend oil product supplies to Ukraine, Igor Dyomin, advisor to the company’s president, said. “To ensure the Russian legislation in the sphere of export control we were asked to stop transportation of oil products to Ukraine”, he said. In early 2016…

Turkey: SOCAR suspends cogeneration plant project

Azerbaijan’s state oil company SOCAR has suspended the project for construction of a cogeneration plant – Petkojen – in Turkey due to technical reasons, Anar Mammadov, head of Turkish petrochemical complex Petkim, reported. The plant was meant to provide Petkim and Star refinery with electricity as well as ensure the sale of electricity to Izmir’s…

Belarus: car tire market to shrink in 2016

The capacity of Belarus’ automobile tire market is likely to reduce slightly in 2016, Belarus’ tire manufacturer Belshina said in a statement. Belarus’ tire market grew to 1.4 million units in H1 2016, including passenger car tires – 67.3% (down by 2,7% since early 2016), truck tires – 16.5% (up by 1.5%), farming machinery tires…