The Kazakh capital hosted the Finnish Energy Forum. According to Director of the Finnish Business Hub Mukhtar Mankeyev, the Finnish model implies efficient energy use in which the country is the world’s leader. He noted that in order to enter the world’s top 30 developed countries, Kazakhstan intended to use Finland’s experience, adding that in…
Turkmenistan and Azerbaijan, as leading powers in energy production, advocate the transformation of the Caspian Sea basin into a territory of stability, progress and broad international partnership in Eurasia, said Turkmen President Gurbanguly Berdimuhamedov. He made the remark at the government meeting, the agenda of which was dedicated to the results of Berdimuhamedov’s official visit…
Tajikistan switches to electricity supply on prepayment basis. An automated system for monitoring and recording electricity consumption will be launched in Dushanbe in the near future and the electricity will be supplied to the citizens only on prepayment. The government of Tajikistan issued a resolution on the introduction of a billing (automated) system to monitor…
Ukraine’s Energy and Coal Industry Ministry did not see grounds to increase prices of electricity and it had designed a scheme foreseeing no increase in the prices of gas, minister Ihor Nasalyk has said. “If you speak about the further growth of electricity, I do not see the grounds to increase the price of electricity…
Electricity consumption increased in Kyrgyzstan in July, the National Electric Networks of Kyrgyzstan JSC reported. According to it, the electricity consumption in the country’s power system for July amounted to 813.03 million kilowatt-hours, and the daily maximum power consumption reached 1,521 megawatts. For comparison, in July 2016, this figure was 751.96 million kilowatt-hours, the daily…
Natural gas production in Ukraine rose by 3.2% YoY in January-July, to 12.044 billion cubic meters, Ukrtransgaz has said. Ukrgazvydobuvannia increased gas production by 3%, to 8.777 billion cubic meters, Ukrnafta reduced production by 9.2%, to 0.694 billion cubic meters and other companies increased production by 7.9%, to 2.573 billion cubic meters. In July alone,…
The construction of a gas trunk line, called Line D, via Tajikistan to China is definitely positive for Turkmenistan, even if it makes the country that much more reliant on China, Andrew Neff, a principal analyst with the IHS Petroleum Sector Risk team, reported. Neff says that Turkmenistan is solely reliant on China in gas…