On August 9, Vice President of business development, global business projects of the company KT Corp. Lee Baek-hee held negotiations at the Ministry of foreign economic relations, investments and trade of Uzbekistan. During the meeting, the sides discussed issues on creation of joint venture and start of production of electronic meters under the project “Implementation…
Idle water discharge was made at the Toktogul and Uch-Kurgan reservoirs, the expert Rasul Umbetaliev said. According to him, Electric Stations JSC intentionally publish hydropower data of Toktogul HPP intermittently. Since August 1, consumption was 229 cubic meters per second, on August 3 – 211 cubic meters, and on August 8-9 it increased to 331…
Daily oil production in Azerbaijan will be 0.85 million barrels in 2016 and 0.81 million barrels in 2017, according to the forecasts of the US Energy Information Administration (EIA), included in the Short-term Energy Outlook for August 2016. The forecast remained unchanged compared to the EIA Short-term Energy Outlook published in July. The country’s oil…
Liquefied gas exports to Ukraine by Belarus’ state oil and gas production monopoly Belorusneft edged down by 7.5% YoY in January-May 2016 to $26.776 million, a source in the profile ministry said. Belorusneft runs a special facility, which produces liquefied gas. Belarus increased liquefied gas export to Ukraine by 27.1% in January-May 2016 to 120,400…
Turkey’s Foreign Minister Mevlut Cavusoglu has offered to connect the Turkish Stream pipeline, which is being developed by Russia, to the Trans-Anatolian Natural Gas Pipeline (TANAP), via which Azerbaijani gas will be delivered to Europe in 2020. Cavusoglu said Ankara would buy only 16 billion cubic meters of Russian gas per year via the Turkish…
Discounts for Russia’s gas supplies to Turkey may become one of the issues discussed during the official visit of Turkish President to St. Petersburg. “During the visit of Turkish President Recep Tayyip Erdogan to Russia, Moscow and Ankara may discuss the discount for Russian gas delivered to the country”, a source in the ministry said,…
The Russian Natural Resources and Environment Ministry plans to auction the Erginskoye oilfield in the Khanty-Mansi Autonomous District until the end of 2016, an official said. Media reported earlier that the auction had been suspended as foreign investors had not decided on their participation in the auction. The ministry earlier offered to set a requirement…