Two non-OPEC countries, Kazakhstan and Mexico, have announced that they will take part in OPEC’s meeting to be held in Vienna on December 10. Kazakhstan’s Energy Minister Kanat Bozumbayev has said he will participate in OPEC’s meeting. Regarding the possibility of reducing the oil production in Kazakhstan, Bozumbayev said that Kazakhstan was not the largest…
Belarus produced 664,600 peat briquettes in January-October, up by 19.5% YoY, the Energy Ministry of Belarus reported. Belarus’ peat output totaled 1.486 million tons in January-October, up by 29.4% YoY. Peat in Belarus is available at an extremely competitive price compared to the cost of natural gas, coal and wood chips. Peat is currently used…
Natural gas stocks in Ukraine’s underground storage facilities since the beginning of the 2016/2017 heating season started on October 13 and as of December 3, narrowed by 1.324 million cubic meters, or by 9%, to 13.408 billion cubic meters. According to public joint-stock company Ukrtransgaz, on December 3, Ukraine pumped 55.64 million cubic meters from…
Turkmenistan’s Foreign Minister Rashid Meredov held talks with the Iranian Deputy Foreign Minister for Asia-Pacific Affairs Ebrahim Rahimpour, the Turkmen ministry said. The parties exchanged views on cooperation in energy, transportation and trade. They mentioned substantial potential for expanding and diversifying trade turnover between the two countries. A number of major economic projects in energy…
Construction of a large refinery that will produce gasoline from natural gas continues at a fast pace in Ovadan-Depe town in Ahal province of Turkmenistan. The construction of the refinery started in 2015. The project’s customer is the country’s Turkmengas State Concern. The project’s contractors are Japan’s Kawasaki Heavy Industries Ltd and the Turkish Ronesans…
The representatives of the US government confirmed their unchanged interest to continue energy cooperation with Ukraine. At the meeting, the parties discussed further steps for reforming Ukraine’s energy sector and maintaining conditions for secure gas transit to Europe via Ukraine. Andriy Kobolyev, CEO of Naftogaz, and Oleg Prokhorenko, CEO of Ukrgazvydobuvannya, have met with Amos…
Ashgabat will host the next session of the Energy Charter Conference in 2017. The Turkmen capital is becoming an international discussion platform, which addresses the most important issues of development of the global energy resources market, development and introduction of the latest technologies, and the ways of development of oil and gas industry. Turkmenistan was…