Turkmenistan is ready to use the East-West internal gas pipeline to supply its energy resources to international markets through the Caspian region. After the commissioning of the East-West gas pipeline in December 2015, great prospects were opened for further expansion of multilateral mutually beneficial partnership in the energy sector, says the report. Construction of various…
Ukrenergo in January-September saw net profit fall by 11.3% (by UAH 196.131 million) compared to the same period last year, to UAH 1.545 billion. According to the financial report of the company, posted on the website of the Ministry of Energy and Coal Industry, its net income for the nine months increased by 27.7%, to…
Ukraine has a huge potential to attract alternative energy sources but still does not use it, Vice Prime Minister – Minister for Regional Development, Construction, Housing and Utilities Hennadiy Zubko stated at the ninth international business forum Renewable Energy and Energy Efficiency Industry Modernization in Kyiv on November 23. “Solar energy, wind power, energy production…
Debts to the PJSC Kyivenergo for electricity consumed in October grew by UAH 300 million and reached UAH 2.9 billion, the company’s press service reports. Kyivenergo informed that utility enterprises and population remained the main debtors – UAH 1.52 billion and UAH 674 million of debts, respectively. “As of November 1 the arrears of enterprises,…
Ukraine in January-October increased electricity exports by 38.9% (by 1.245 billion kWh) YoY, to 4.449 billion kWh, the Ministry of Energy and Coal Industry has reported. Energy supplies from the Burshtyn TPP energy island towards Hungary, Slovakia and Romania increased by 13.5% (by 318.3 million kWh), to 2.683 billion kWh. Electricity deliveries to Poland decreased…
Investors are interested in solar energy today with a view of a quick entry into the market, according to an expert. “At present, we see the greatest activity in the solar energy sector. Across Ukraine, it is the most popular sort of energy. I think this is because it is the fastest way to enter…
The Asian Development Bank’s (ADB) Board of Directors has endorsed a 5-year Country Partnership Strategy for Turkmenistan to support regional cooperation and economic diversification during 2017-2021. The Bank announced that the document was ADB’s first full Country Partnership Strategy (CPS) with Turkmenistan since the country joined ADB in 2000. Turkmenistan has made important progress in…