A groundbreaking ceremony for construction of a joint Azerbaijani-Iranian car plant was held on August 6, in Azerbaijan’s Neftchala industrial quarter. The plant is a joint project of Azerbaijan’s AzEuroCar LLC and Iran’s giant automaker Iran Khodro. Azerbaijan’s Economy Minister Shahin Mustafayev and Iran’s Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh participated in…
Construction of two main blocks of the Shah Deniz Bravo (SDB) offshore platform, which is being built as part of the development of Azerbaijan’s Shah Deniz gas and condensate field, has been completed by more than 50%, a source on the country’s oil and gas market said. The source said that assembling of topside modules…
Ukraine has agreed on the increase in supplies of nuclear fuel with Westinghouse and building a nuclear fuel plant in Ukraine in the future to avoid dependence on Russia, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. “We agreed to diversify supplies for almost half of nuclear reactors and to build a nuclear…
The cost of the project on construction of new international passenger terminal of Tashkent Airport (Tashkent-4) will make up $336 million. Investment project “Construction of new international passenger terminal of Tashkent Airport (Tashkent-4)” is implemented in cooperation with the Republic of Korea. Korea International Cooperation Agency (KOICA) provided a grant for development of the feasibility…
Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has discussed cooperation in the energy sector with Iranian Oil Minister Bijan Zangeneh, the press service of the Energy and Coal Industry Ministry of Ukraine has reported. Nasalyk raised the issue of supplying Iranian energy resources to Ukraine for refining at Ukrainian petrochemical plants. The parties also…
Despite difficult economic conditions in the grain market, in recent years Ukrainian farmers have increasingly focused attention on construction or modernization of their own storage facilities. Both rich harvests of previous years and deferred demand for construction of granaries due to unstable political and economic situation in the country contributed to this intense interest. (UkrAgroConsult/Business…
The volume of gravel extraction increased by 3.7% YoY in May. In accordance with the State Committee of Statistics of Ukraine, the gravel extraction in the country went up by 3.7% YoY, to 5.6 million tons in May. The index increased by 3.1% MoM. The index seasonal growth was also fixed by 2.6% to 11,03…