Three companies have submitted applications to store natural gas in Ukrainian underground gas storage (USG) facilities in the customs warehouse regime, a source in the Energy and Coal Industry of Ukraine has reported. The source said that in coming days first pumping could start and first documents would be signed. Until recently, the customs clearance…
Ornex, a company operated by SCM Group, has bought a 25% stake in DTEK Dniproenergo and DTEK Dniprooblenergo from the State Property Fund of Ukraine. The deal has taken place at PFTS Stock Exchange. The company paid UAH 728.236 million for a 25% stake in DTEK Dniproenergo, and UAH 1,004.676 billion for a 25% stake…
The combined power plant in Paide now has a new liquid natural gas (LNG) boiler unit to cover peak-time demand. The plant usually burns wood chips, but so far depended on an old fuel oil boiler for peak-time production. Eesti Energia’s renewable energy subsidiary, Enefit Taastuvenergia, announced that the change would allow them to finally…
Kyrgyzstan exported to Uzbekistan 1.2 billion kilowatt-hours of electricity. This was said at the meeting of the republican headquarters for the preparation for the autumn-winter period-2017/2018 by the chairman of the National Energy Holding Company Aibek Kaliev. According to him, exports to a neighboring country began on June 16, and as of today amounted to…
Turkmenistan is developing a project for construction of a new gas chemical complex near the Kiyanly village of the country’s Balkan region. The complex is designed for processing 2 billion cubic meters of natural gas and 117,000 tons of sodium chloride. It will produce 390,000 tons of polypropylene, 200,000 tons of linear low-density polyethylene, 100,000…
The modernization of the Bishkek thermal power plant in Kyrgyzstan is completed. President Almazbek Atambayev will open the renewed heat and power plant. It is noted that after the works, the installed capacity of the TPP reached 812 megawatts. It increased by 300 megawatts due to commissioning of two new power units. Another difference is…
National Energy Company Ukrenergo intends to draw on international financial organizations (IFOs) as the source for its investment projects, Ukrenergo chief Vsevolod Kovalchuk said at a presentation in Kyiv while briefing on the company’s plans for 2018. “We will complete current large investment projects with the use of funds from tariffs, but we will not…