Ukraine: Kyivenergo shareholders decide to divide company in types of activities

Shareholders of the public joint-stock company Kyivenergo have decided to reorganize business via dividing the company into types of activities, the company’s press service has reported. After the reorganization of Kyivenergo two new companies will be created: one will distribute electricity and operate power lines, and the other will supply electricity. This division is required…

Ukraine: electricity exports up in January-October 2017

Ukraine in January-October exported electricity valued at $209.293 million, in particular in October at $19.685 million. According to the State Fiscal Service, in January-October electricity was supplied to Hungary for the amount of $118.529 million, Moldova for $48.655 million, Poland for $31.485 million and other countries for $10.624 million. Thus, in monetary terms exports of…

Estonia: VKG loses oil shale price dispute in court

Northeastern Estonia-based shale oil producer Viru Keemia Grupp (VKG) lost in court in an oil shale dispute against state-owned energy group Eesti Energia and the Estonian Competition Authority. Tallinn Administrative Court decided not to satisfy a claim filed by VKG AS and VKG Oil AS regarding the termination of a supervision proceeding. The Estonian Competition…

Turkmenistan: Ashgabat and Bucharest mull transport and energy issues

The next round of consultations between the foreign ministries of Turkmenistan and Romania has recently taken place in Bucharest, the Turkmen Foreign Ministry said in a message. At the meeting, the sides noted the development of relations in the political and diplomatic, trade-economic and cultural-humanitarian spheres. “Particular attention was paid to energy and transport issues,”…

Turkmenistan: diversification of gas supplies to world markets to be mulled in Ashgabat

The 22th international conference and exhibition Oil and Gas Turkmenistan 2017 (OGT) will be held in Ashgabat on November 2-4, the Turkmen government said in a message. “Special attention will be paid to the diversification of supplies of Turkmen natural gas to world markets. In particular, the progress of construction and prospects of the Turkmenistan-Afghanistan-Pakistan-India…

Tajikistan urges to launch CASA-1000 project

Tajikistan called upon the participants of CASA-1000 to speed up the project’s practical implementation. The United Arab Emirates hosted a meeting of the Intergovernmental Council of the CASA-1000 project with the participation of the energy ministers of Afghanistan, Kyrgyzstan, Pakistan and Tajikistan. The representatives of the World Bank, the European Bank for Development and Reconstruction,…