Belarus Petroleum Company (BelOil) has redirected part of its export routes from Ukrainian ports to Lithuania’s Klaipeda, a source in the profile ministry said. The redirection is connected with more favorable logistic conditions. Belarus Petroleum Company (BelOil) was founded in May 2007. The main shareholder is Belorusneft (52% of shares), with Naftan and Mozyr refineries…
Electrical power output of Belarus’ power generating companies reduced by 2.8% YoY in January-June, to 16.6 billion kilowatt-hours (kWh), an official with the National Statistics Committee of Belarus (Belstat) reported. Thermal energy output in H1 2016 went up by 0.9% YoY, to 32.8 million gigacalories. (Prime-TASS/Business World Magazine)
Construction of two main blocks of the Shah Deniz Bravo (SDB) offshore platform, which is being built as part of the development of Azerbaijan’s Shah Deniz gas and condensate field, has been completed by more than 50%, a source on the country’s oil and gas market said. The source said that assembling of topside modules…
A new coal price of 1,370 UAH per ton will enable Ukraine to diversify the sources of anthracite coal supply, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. “We’re actively working to diversify the supplies of anthracite coal from the ATO zone. The first ship from another source of coal supply will arrive…
Ukraine has agreed on the increase in supplies of nuclear fuel with Westinghouse and building a nuclear fuel plant in Ukraine in the future to avoid dependence on Russia, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. “We agreed to diversify supplies for almost half of nuclear reactors and to build a nuclear…
National joint-stock company Naftogaz Ukrainy expects that the Arbitration Institute of the Stockholm Chamber of Commerce would issue a verdict in litigations with Russia’s Gazprom by the end of the first half of 2017, Naftogaz Commercial Director Yuriy Vitrenko wrote on his Facebook page. “We are on the homestretch, hearings will start next month. The…
An Iranian private company is negotiating gas swap with Azerbaijan and Turkmenistan, Azizollah Ramazani, director of the International Affairs Department at the National Iranian Gas Company (NIGC), said. He did not unveil further details. Iran has already announced readiness for natural gas swap projects with Russia, Turkmenistan and Azerbaijan. It was earlier announced that Iran…