The European Investment Bank (EIB) is considering the issue of a EUR 130 million to Ukrenergo for modernization of substations, according to the website of the financial institution. The EIB said the project was aimed at improving energy efficiency, reliability of equipment, reducing operating costs. Its implementation will contribute to the integration of Ukraine’s energy…
Ukrainian nuclear power plants (NPPs) produced 210.36 million kWh of electricity on July 25, the press-service of Ukraine’s State Enterprise “National Nuclear Energy Generating Company Energoatom” reports. On July 26, 11 out of 15 power units were functioning at the Ukrainian power plants. It was the 161st day of the average planned repair at power…
Natural gas reserves in Ukrainian underground storage facilities (USFs) on July 15-22 increased by 2.9%, orby 355 million cubic meters, from 12.320 billion cubic meters to 12.675 billion cubic meters, according to the state-run gas transport system operator, Ukrtransgaz. The daily volume of gas injection into the USFs stood at about 58.7 million cubic meters,…
Energy-rich Turkmenistan invites foreign investors to participate in the development of the gas and chemical industry. The country plans to build several large gas chemical complexes, a source in the fuel and energy complex of the country said. These large complexes will focus on the production of polyethylene, polypropylene, polyvinyl chloride, monoethylene glycol, dimethyl ether…
The Belarusian nuclear power plant will be fully commissioned in the summer of 2020, Rosatom Director General Aleksei Likhachev said during a meeting with Belarus President Alexander Lukashenko on July 24. “We worked all the day at the plant and discussed the state of affairs. We are ready to make an extensive report,” Aleksei Likhachev…
Energy remains the basis of cooperation between Sophia and Baku, Azerbaijani ambassador to Bulgaria Nargiz Gurbanova said. “Azerbaijan regards Bulgaria not only as a country consuming Azerbaijani gas, but also as a transit country in the European area,” she said. The diplomat also stressed that Bulgaria fully supported the Southern Gas Corridor project, which envisaged…
A single electricity market will begin operating in Kazakhstan, starting from January 1, 2019. Electricity trading is planned on the basis of centralized site of the Committee for Regulation of the Natural Monopolies, Protection of Competition and Consumer Rights under the National Economy Ministry. This was stated by the head of the department Kanat Bozumbayev.…