Prices for natural gas should not depend on any political figures or factors, Naftogaz Ukrainy Head Andriy Kobolev believes. “We can talk about different mechanisms of pricing, we can talk about hubs, the domestic market or other principles, but we need to clearly understand the main requirement of Western partners, with which we completely agree…
Prime Minister Juri Ratas (Center) met with Vice-President of the European Commission Maros Sefcovic to discuss energy infrastructure projects, the Clean Energy package and other energy sector-related matters. Ratas and Sefcovic opened the meeting by discussing the synchronization of Baltic power systems with Poland and Europe. “The synchronization of Baltic power systems needs to meet…
Once commissioned the nuclear power plant in Ostrovets will generate about 25% of electrical energy Belarus needs, Belarus’ Deputy Energy Minister Mikhail Mikhadyuk said at a plenary meeting of the 61st session of the IAEA General Conference in Vienna on September 19. He stressed that today many states pinned their hopes on nuclear energy as…
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,…