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.…
Transit of Russian natural gas through Ukraine’s gas transportation system (GTS) has fallen by 24.7% since July 11, according to live data from Ukrtransgaz. If on July 1-10 the average daily transit through the Ukrainian GTS amounted to 256.7 million cubic meters, on July 11 a drop to 193.4 million cubic meters was witnessed. At…
Ukrainian enterprises in June imported gas at an average price of UAH 5,566 or $213.7 per 1,000 cubic meters, according to the website of the Ministry of Economic Development and Trade. In January, according to the Ministry of Economic Development and Trade, the price of gas imports amounted to $229.51 per 1,000 cubic meters (UAH…
Ukraine has increased gas inventories in underground storage by 47.3% since the end of the heating season, according to operational data from Ukrtransgaz. The inventories amounted to 11.929 billion cubic meters on July 8, up from 8.1 billion cubic meters on March 22. The current inventories are up by 21.5% YoY (9.821 billion cubic meters),…