The China Machinery Engineering Corporation (CMEC) has built a 100kV substation named Technopark at the China-Belarus Industrial Park Great Stone. CMEC is the general contractor for electrifying the initial development area of the Great Stone Park. The Great Stone Industrial Park is based in Smolevichi district (Minsk region), where a special economic zone will be…
Liquefied gas exports by Belarus’ state oil and gas production monopoly Belorusneft edged down by 30.5% YoY in January-June to $73.7 million, a source in the profile ministry reported. Belorusneft runs a special facility, which produces liquefied gas. Belarus decreased liquefied gas export by 11.4% in January-June to 2,988,300 tons. Export proceeds decreased exclusively due…
The Ukrainian government has ordered the national energy holding Naftogaz Ukrainy to store 17 billion cubic meters of gas underground until November 1, in order to ensure uninterrupted supplies of Russian gas to the E.U. CEO Andrei Kobolev said earlier that Naftogaz Ukrainy planned to put 14.5 billion cubic meters of gas in storages, while…
Ukraine’s NNEGC Energoatom plans to hire South Korean nuclear plant operator Korea Hydro & Nuclear Power (KHNP) to complete construction of No. 3 and No. 4 blocks at the Khmelnytsky nuclear power plant and implement the Ukraine-EU Energy Bridge project, the Energy and Coal Industry Ministry said in a statement. Energoatom and KHNP signed a…
Belarus will take part in the EU’s new program of technical support for the countries of the Eastern Partnership EU4Energy, the press service of the Energy Ministry reported. “Last week the Energy Ministry played host to a meeting between Director of the Energy Community Secretariat Janez Kopac and expert on renewable energy and energy efficiency,…
Russian power holding Inter RAO has raised the forecast for earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2016 to 85 billion rubles from 79-80 billion rubles, Dmitry Palunin, a member of the management board, said. The forecast is under International Financial Reporting Standards (IFRS). In May, Inter RAO already raised its EBITDA outlook…
It is planned to produce first gas from the Absheron gas condensate field in 2019, First Vice-President of the Azerbaijani state oil company SOCAR Khoshbakht Yusifzade said. He said that the reserves of the Absheron gas condensate field were estimated at 350 billion cubic meters of gas and 45 million tons of condensate, according to…