There is no need to increase the limit of electricity consumption. This was announced at the meeting in the government on the preparation of the population and sectors of the economy for the heating season 2017-2018 by the director of the State Agency for Regulation of the Fuel and Energy Complex Taalaibek Nurbashev. According to…
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…
Kazakhstan plans to hold the first green energy auction in 2018 to purchase energy generated from Renewable Energy Sources (RES), said Kazakh Energy Minister Kanat Bozumbayev during a government meeting on environmental issues. “In 2018, we plan to hold the first auction on RES. I think ensuring attractive conditions for the winner of the auction…
The loss of the public joint-stock company Kyivenergo from supply of heat and hot water to budget-sustained institutions is around UAH 1.2 million a day, the company’s press service has reported. “Due to a lack of conformance in the prices (the price of gas sold by Naftogaz Ukrainy for these purposes (UAH 7,907) and the…
President of Turkmenistan Gurbanguly Berdimuhamedov met with the Chairman of the Union of Oil and Gas Producers of Russia Yuri Shafranik. During the meeting, it was noted that Russia intended to expand its presence in the promising Turkmen market by actively participating in new joint projects. “In particular, this concerns the exploration, production and processing…
As of October 24, 5.4 million cubic meters of natural gas were extracted from the Ukrainian underground gas storage facilities, and 1.3 million cubic meters of natural gas were pumped into the storage facilities, the press service of PJSC Ukrtransgaz reports. Thus, Ukraine’s natural gas stocks decreased from 16.973 billion cubic meters to 16.969 billion…
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,”…