Turkmenistan remains a key natural gas holder in the center of Eurasia, an area, which has long failed to realize its huge potential due to geopolitical developments and economic changes. The total natural gas reserves of Turkmenistan are estimated at 50.4 trillion cubic meters. As many as 19 oil and gas-oil and 65 gas fields…
Fuel and energy complex of Turkmenistan has completed preparations to ensure the smooth provision of natural gas to consumers in the autumn-winter season, Turkmen Deputy Prime Minister for Energy Maksat Babayev said at a government meeting. In total, 930,210 households as well as 5,424 industrial and social enterprises are supplied with natural gas on a…
Large energy consumers will have to adopt energy management or energy audit by April 2018, Economy Ministry declared. Economy Ministry has sent letters to more than 1,000 businesses, asking them to perform energy audits and perform appropriate energy efficiency measures in the next four years to reduce general energy costs and thereby increase their competitiveness,…
DTEK Energo has increased investments in the development and upgrade of its thermal power plants and mines. Over eight months of 2017, the company invested UAH 3.6 billion in its enterprises, up by 80% YoY. Investments in DTEK Pavlogradvuhillia and DTEK Dobropilliavuhillia made UAH 2.9 billion in the past eight months, up by 80%. This…
The railway electrification project in development by LDz is potentially lethal for Latvia’s national economy, says former head of Corruption Prevention and Combating Bureau’s Operative Investigations Office Juris Jurass, adding that it may be one of the biggest crimes currently being planned in the country. Jurass asked Aivars Lembergs if talks similar to those that…
In 2016 gross consumption of renewable energy resources in Latvia constituted 68.7 petajoules (PJ). Compared to 2015, the consumption of renewables has risen by 5.7%, whereas over the past ten years – by 14.1%. As the gross consumption of renewable resources (mainly formed by domestic energy resources) increased, Latvian dependence upon imported energy resources reduced…