Construction of Russia-led Turkish Stream gas pipeline will start in 2018, gas giant Gazprom CEO Alexei Miller reported. “A start to the project implementation has been given. Under our plan, construction will begin in 2018”, he said. Russia and Turkey signed an agreement to build the pipeline, which would consist of two branches with a…
Turkmenistan’s President Gurbanguly Berdimuhamedov held a meeting dedicated to the upcoming commissioning of the first phase of the transnational railway trunk: Asia international railway transportation corridor, the Turkmen government said in a message. This is the construction of the Atamyrat-Imamnazar (Turkmenistan) – Akina (Afghanistan) section. The completion of the construction and installation work is scheduled…
Russian airport operator Basel Aero has signed an agreement with Gelendzhik authorities to construct a new terminal at Gelendzhik Airport, which is scheduled to open at the end of 2018. It was originally planned to be ready at the end of 2017. Basel Aero will invest up to 520 million rubles ($8.3 million) in the…
Azerbaijani investors aim to build a petrochemical plant in Turkey’s eastern province of Van province’s governor Rahmi Dogan reported. Dogan said that the new plant would use modern technologies and help open more than 100 new jobs. He also noted that liquefied natural gas (LNG) and other raw materials for the plant would be delivered…
Wholesale distribution center constructor RosAgroMarket plans to build a 19.2 billion ruble vegetable storage center in the Rostov region in Russia’s south, a spokesman for the region’s Governor Vasily Golubev reported. RosAgroMarket will start construction of the facility’s first stage in January-June 2017, and will construct 125,000 square meters of shopping and storage area with…
The State Statistics Service of Ukraine reports that production of cement in August increased by 15.5% YoY and now is 1’03 million tons (excluding Crimea, city of Sevastopol, part of Donetsk and Lugansk regions). Moreover, the monthly amount of production in August is the record-breaking since September 2013. If compared to July the output went…
Russian state-owned oil major Rosneft and Indonesia’s Pertamina have signed an agreement to establish a joint venture to build a refining and petrochemical facility Tuban on the Java Island, Rosneft said in a statement. Rosneft and Pertamina signed a framework agreement to cooperate in construction of an oil refinery in the town of Tuban in…