Tajikistan: revenue from electricity exports up in January-July 2019

The creation of a unified energy system in Tajikistan, connecting the country’s southern and northern energy systems, has significantly increased the accessibility of the population of Tajikistan to the generated electricity as well as simplified electricity exports procedure. In January-July Tajikistan gained over $58 million from electricity supplies to neighboring countries. The amount of electricity…

Kazakhstan: Saryarka gas pipeline to reach Nur-Sultan in October 2019

CEO of JSC Samruk-Kazyna Sovereign Wealth Fund Akhmetzhan Yessimov has visited construction site of the 820th km of Saryarka main gas pipeline. Akhmetzhan Yessimov positively assessed the course of construction works and stressed the importance of on-time completion of the construction and pre-commissioning activities. The construction of the gas pipeline will be completed as scheduled…

Latvia: power production down in July 2019

Energy companies in Latvia produced 357,655 megawatt-hours of power in July, the lowest level of national power output since July 2018. This allowed to cover 64% of the Latvian electricity consumption, according to AS Augstsprieguma tikls (AST). The independent transmission system operator AST stated in its review of the power market on August 22 that…

Lithuania: 5-fold increase of solar energy producers expected

Over 10,000 residents in Lithuania will produce solar energy by the end of next year, according to state-controlled holding company, Lietuvos Energija (Lithuanian Energy). The 5-fold increase is influenced by law changes, allowing remote solar power plants. Energy produced off-site can then be “virtually” transferred to be used in private apartments. Residents and multiple stakeholders…

Latvia: Belarus’ nuclear energy not to be bought

Viktoras Pranckietis, the speaker of the Lithuanian Seimas, says Latvian Prime Minister Krisjanis Karins has reassured him that his country does not intend to purchase electricity from Belarus’ Astravyets nuclear plant under construction close to the Lithuanian border. “I met with the Latvian president, the chairwoman of the Saeima and the prime minister in Aglona…

Ukraine: Zelensky’s team preparing draft decision to reduce electricity prices

The team of Ukrainian President Volodymyr Zelensky, together with the Government and the National Commission for State Regulation of Energy and Public Utilities, is developing a draft resolution to reduce electricity prices for water utilities by 10%, Presidential representative in the Cabinet of Ministers of Ukraine Andriy Herus said. “The introduction of the electricity market…

Azerbaijan: electricity exports up in July 2019

In recent years Azerbaijan has turned from an electricity importing country into a country exporting electricity. Azerbaijan, which has been exporting electricity to neighboring countries for a long time, has already begun exporting energy to European countries. In early May Azerenergy started supplying electricity to Greece, Romania, Bulgaria and Hungary through Georgia and Turkey. In…

Azerbaijan: electricity exports up in H1 2019

Azerbaijan exported 1.2 billion kilowatt-hour of electricity in January-June in comparison with 1.1 billion kilowatt-hour in the same period of 2018, the State Customs Committee reported. The cost of electricity exported during the mentioned period amounted to $51.9 million compared to $54.6 million. The main producer of electricity in Azerbaijan is Azerenergy. The capacity of…

Kazakhstan: gas-turbine station to be built

ERG Company is set to fund construction of the gas-turbine station in the country’s south. “The company is expected to invest $500 million in installing the gas-turbine station to provide the south of Kazakhstan with electricity and heat energy in the winter,” Shymkent mayor Gabidulla Abdrakhimov said. The government has approved the 2023 Shymkent complex…

Uzbekistan: new contract for electricity supply to be signed with Afghanistan

Mutually beneficial cooperation between Uzbekistan and Afghanistan in electricity supply plays an important role in the development of bilateral relations. Uzbekistan and Afghanistan plan to have signed a 10-year contract for the electricity supply on “take-or-pay” terms by the end of October. A take-or-pay contract is a rule structuring negotiations between companies and their suppliers.…

Azerbaijan: gas exports up in January-May 2019

Azerbaijan, which is an important supplier of natural gas in the Caspian Sea region, particularly to European markets, keeps increasing its gas exports. In the period from January to May Azerbaijan exported 4.9 billion cubic meters of gas, up 1.8-fold YoY, according to the Azerbaijani State Customs Committee. In monetary terms, the export volume amounted…