The government of Georgia signed an agreement that grants the Anaklia Development Consortium (ADC) the exclusive right to construct, develop and operate the $2.5 billion Anaklia deep seaport, which would help establish a new maritime corridor from China to Europe. As part of the agreement, the government will invest $100 million in the construction and…
The construction of the Trans Adriatic Pipeline (TAP), which is aimed at transporting Azerbaijani gas to Europe, is underway. TAP tweeted on September 28, that over 30 kilometers of steel pipes had already been strung along TAP’s route in Greece and Albania. TAP project envisages transportation of gas from the Stage 2 of development of…
Ireland is implementing alternative energy sources construction projects in Belarus, Belarusian Minister of Foreign Affairs Vladimir Makei said. “We are currently busy with the development of alternative energy sources. We have been closely cooperating with the countries that possess rich experience in the matter, for example, with Ireland and Germany. I am responsible for one…
Construction of a gas compressor station in Mary province of Turkmenistan has started, the message of the “Oil and Gas Complex” of Turkmenistan said. The gas compressor station is being built for the East-West internal pipeline launched in December 2015, and its potential is designed for export deliveries in the western direction as well. In…
In Bashkiria the new vegoil extracting plant is being built with crushing capacity of 1.2 KMT of sunseed per day. Currently the first construction stage has been completed with vegoil press section having the capacity of 350 tons of raw material. The section will be able to produce 47.5 KMT of non-refined vegoil and 50…
The Belarus-China car assembly company BelGee JV (based in Borisov, Minsk region) plans to launch its own car factory in the first half of 2017, Belarusian First Deputy Industry Minister Gennady Svidersky reported. The construction of a factory by the Belarusian-Chinese car assembly company BelGee is in the final stage, the new premises are ready,…
The European Commission (EC) will cease investigation into Hungary’s Paks nuclear power plant project with Russia’s participation as Budapest has provided all necessary explanations regarding construction of two new nuclear reactors at the facility, Bloomberg reported citing Benedek Javor, a Hungarian deputy at the European parliament. Hungary has provided sufficient justification why the construction contract…