90% of the work has been completed at the polyethylene and polypropylene production complex, which is being built in Turkmenistan’s Balkan region. A reservoir park for water, hydrocarbon storage tanks, most of the buildings and facilities have been built. Laying of electrical cable lines, grounding and cathodic protection system continues. About 1,300 employees, as well…
In 2016 Ukraine reduced imports of natural gas by 32.7% YoY (by 5.376 billion cubic meters), to 11.078 billion cubic meters, according to PJSC Ukrtransgaz. In December 2016 gas imports amounted to 1.659 billion cubic meters, up 3.7 times YoY (444 million cubic meters). Imports from Slovakia last month amounted to 1.303 billion cubic meters,…
Ukraine has entered 2017 with natural gas stocks in its underground storage facilities being 11.993 billion cubic meters, public joint-stock company Ukrtransgaz has reported. Gas stocks in Ukraine’s underground storage facilities have declined by 18.6% since October 13, 2016 when the current heating season began, through December 31, 2016. Current stocks are down by 14.3%…
Belarus expects to reach a compromise in an oil and gas dispute with Russia no later than in the first quarter of 2017, Belarusian Deputy Prime Minister Vladimir Semashko said. “There is a mutual understanding from both sides. We have all arguments and necessary instruments to fulfill a joint plan of action. We hope to…
China’s CNBM International Corporation is mulling the challenging of the decision of Ukraine’s Verkhovna Rada to cut the feed-in tariff for large solar power plants in an international arbitration court, CNBM International Corporation Board Chairman Jinsong Zhang reported. The company said that the payback period of CNBM’s solar power plants sharply increased over the decision…
Belarus is interested in processing Azerbaijani oil at its refineries, Gennady Ahramovich, Belarusian ambassador to Azerbaijan, said. He said that this year Azerbaijan very timely delivered 85,000 tons of oil, which made it possible not to interrupt the production cycle of the Mozyr refinery. “Belarus has two refineries – one in Mozyr city and one…
The Competition Authority of Estonia released a conclusion that the cost of electricity distribution services of electric grid operator Elektrilevi was not adjusted to their current costs and should be lowered by 6.7%. Because network charges make up 50-55% of the consumer price of electricity, the price of electricity for the average consumer should drop…