Light life of Kyrgyzstan directly depends on the water level in Toktogul reservoir. If there is a lot of water, there will be an uninterrupted supply of electricity, little water will result in rolling blackouts. This year, forecasters gave a magnificent forecast: low-water period has ended in Kyrgyzstan. However, energy sector workers are not in…
Rosatom intends to develop the most cost-effective nuclear power plant (NPP) in the world by 2027, according to the corporation’s roadmap of innovative development until 2030. Russian state company Rosatom is actively working to improve the competitiveness of its nuclear projects proposed for construction abroad in order to fix its leadership on the global market.…
Kyrgyzstan owes Russia more than $42 million for the Upper Naryn HPP cascade and Kambarata-1, Director General of Electric Stations JSC Taalaibek Tolubaev reported. According to him, Kyrgyzstan is to return, according to various estimates, $37-38 million for Upper Naryn HPP and $5.2 million for the developed feasibility study for Kambarata-1. Currently, the power engineers…
Revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the project of development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields totaled $119.779 billion from 2001 to August 1, 2016. SOFAZ said its revenues from the project totaled $2.77 billion in January-July. Out of this, $465 million accounted for July. A contract…
Russian Prime Minister Dmitry Medvedev has decided to postpone privatization of the oil company Bashneft, and the decision was supported by the president Vladimir Putin, Medvedev’s press secretary Natalya Timakova reported. “Yes, the Prime Minister made a decision and the president approved of it – to delay privatization of Bashneft”, Timakova said. The Federal State…
A meeting on oil taxation issues chaired by Russian Prime Minister’s deputy Arkady Dvorkovich will take place in August, First Deputy Energy Minister Alexei Teksler said. “It has been already slated, it’s August”, Teksler said. The official said that the Energy and the Finance Ministries still had not agreed on a range of issues and…
Russia’s state-controlled gas company Gazprom announced in its quarterly report that it has given up licenses for exploration and development of the Sariqamish and Western Shohambari gas fields in Tajikistan. The report, in particular, notes that the central commission for mineral development and license movement management has decided to give up the licenses in connection…