Turkmenistan, a hydrocarbon-rich Central Asian country, is still hopeful to see its gas reach the European markets, while Brussels counties talks in this regard. The EU is negotiating with Azerbaijan and Turkmenistan over a Trans Caspian Pipeline System, said Anca Paduraru, EU Spokesperson for Energy Union projects. “Negotiations are on-going,” Paduraru said, when answering on…
Natural gas reserves in Ukrainian underground storage facilities (USFs) on September 23-30 rose by 2.2%, or by 347 million cubic meters, from 16.048 billion cubic meters to 16.395 billion cubic meters, according to the state-run gas transport system operator Ukrtransgaz. The daily volume of gas injection into the USFs as of September 30 was estimated…
Latvenergo’s energy trading company in Estonia – Elektrum Eesti – has commenced selling natural gas to business clients, as confirmed by the company. Elektrum Eesti is the second largest electrical energy trader in Estonia. Now it will also start selling natural gas in addition to electricity, expanding the company’s services. The company will offer gas…
TIU (Canada) plans to invest EUR 94 million in the construction of five solar power plants in Ukraine, the company’s press service has reported. The company intends in autumn this year to complete the construction of the first station worth EUR 14 million with a capacity of 10.5 MW in the territory of Nikopol Ferroalloys…
564 fuel bases and coal sales points were opened in Kyrgyzstan, the State Committee of Industry, Energy and Subsoil Use reported. 30 coal sales points were opened in Chui region. Fuel is sold at 3,400-4,100 soms. It should be noted that last year the cost of coal was much lower – 2,700-2,800 soms per ton.…
The supervisory board and owner of the Estonian state-owned energy group Eesti Energia have given their approval for expanding the company’s electricity retail business to the Finnish and Swedish markets. The company plans to launch retail sales in both countries in the first half of next year. According to Eesti Energia CEO Hando Sutter, a…
Small hydropower plants are not built in Kyrgyzstan because it is unprofitable for the state to purchase electricity from them, Prime Minister of Kyrgyzstan Sapar Isakov said on September 21 at a meeting of the Council for Business Development and Investment. Chairman of the Investment Council Taalaibek Koichumanov said that the recommendation of the council…