Ukraine in January-February increased electricity exports by 37.2% YoY (by 263.9 million kWh), to 972.5 million kWh, a source in the Ministry of Energy and Coal Industry has reported. Electricity supplies from the Burshtyn TPP energy island towards Hungary, Slovakia and Romania increased by 48.4% (by 257.3 million kWh), to 788.5 million kWh. Electricity deliveries…
The Ministry of Finance of Kyrgyzstan and the Eurasian Development Bank signed an agreement on granting an investment loan from the Eurasian Stabilization and Development Fund to finance the project “Commissioning of the second hydroelectric unit of Kambarata HPP-2” for $110 million. In addition to the construction and commissioning of the second hydrounit of the…
Tajikistan has raised electricity rates for four of eight categories of electricity consumers. By government’s decree issued on February 24, electricity rates have been raised for federally funded institutions, including public utilities and sports complexes, electric transport, pumping stations for mechanized irrigation and repair-and-production bases of the Agency for Land Reclamation and Irrigation under the…
Gazprom has postponed commissioning of the Baltic LNG liquefied natural gas (LNG) producing facility to 2022-2023 and may postpone the date further, it said in promo materials for its new bond issue on March 10. “We expect the Baltic LNG to be launched in 2022-2023 and may revise the inauguration date after the project documentation…
The US Energy Information Administration (EIA) in its March short-term energy outlook has raised the forecast for the 2017 and 2018 oil output in Kazakhstan. The forecast for 2017 was increased to 1.88 million barrels per day as compared to 1.86 million in the previous report published in February. The forecast for 2018 rose to…
Ukrainian Ecology and Natural Resources Minister Ostap Semerak says that the development of renewable energy companies is a way to the full energy independence of Ukraine. “Ukraine, along with traditional energy, is actively working on the development of renewable energy. The introduction of renewable energy production will give an opportunity for our state to receive…
Ukraine’s Cabinet of Ministers has increased the total estimated cost of construction of the 750 kV Rivne nuclear power plant (NPP)-Kyivska substation power line by 20% or by UAH 970.443 million, to UAH 5.818 billion. The decision is outlined in government resolution No. 132-r dated March 1. According to the document, the estimated cost of…