The council of the Latvian state energy giant AS Latvenergo has been removed by Economy Minister over lack of productivity. Yet its members have stated they are satisfied with the achievements of their work. Latvian Economy Minister Ralfs Nemiro (KPV LV) removed the council of the state capital company on June 19. Nemiro thanked council…
The International Bank for Reconstruction and Development (IBRD) is offering a $62-million loan to help increase the reliability of the electricity supply and prevent outages across the regions of the western Georgia. The loan will ensure the financial viability of the Georgia State Electrosystem (GSE), and help the GSE access long-term commercial financing. The money…
The National Electric Network of Kyrgyzstan OJSC conducts scheduled repair work on 500 kV high-voltage line Toktogulskaya HES – Frunzenskaya, press service of the company reported. With the help of seven brigades of Jalal-Abad, Talas and Chui enterprises of high-voltage electrical networks, work is being carried out to replace insulators, line accessories and fix other…
At the end of last year, the total amount of electricity supplied to Uzbekistan reached 752.2 million kilowatt-hours valued at $16,244,000. This year, the republic will not export electricity. The issue of import of electricity from Kazakhstan or Tajikistan is being considered due to the low water level in Toktogul water reservoir. (24.kg/Business World Magazine)…
In January-May, Ukrainian gas enterprises produced 8.8 billion cubic meters of natural gas, the press service of Ukrtransgaz JSC reports. “Since the beginning of the year and as of May, Ukrainian gas enterprises produced 8.8 billion cubic meters of natural gas, up by 3.5% YoY,” reads the report. Ukrainian consumers of all categories from the…
Transit shipments of natural gas via the Ukrainian gas transmission system (GTS) in January-May grew by 7.8% YoY, to 37.6 billion cubic meters. In particular, gas transit supplies from Russia via Ukraine in May alone stood at 8.37 billion cubic meters, up by 16.4% YoY, the state-run gas transmission system operator Ukrtransgaz said. (UNIAN/Business World…
The Centre Party announced that a quick solution and government intervention was required to help mitigate the effects of proposed layoffs by state-owned energy provider Eesti Energia. The decision was made at a crisis meeting held by the coalition majority party’s parliamentary group, with group chair Kadri Simson stating the two key issues were preserving…