Georgia should settle energy issues in partnership with Azerbaijan, a country it has traditionally friendly relations with, Georgian expert, chairman of the Institute for the Study of Georgia’s Development Gia Khukhashvili said. He was commenting on the information, which appeared in the Iranian media outlets regarding signing of a contract for the supply of Iranian…
First Solar, Inc. announced that it had booked 160 mW DC of photovoltaic module sales in Turkey in the first half of 2016. The orders were placed by Basariarge Enerji A.S. and Zorlu Enerji. Zorlu Enerji, a subsidiary of Zorlu Holding has contracted First Solar to supply 100 mW DC of its high performance Series…
Argentina is considering the possibility of implementing nuclear power projects with Russia, the country’s Foreign Minister Susana Malcorra said. She also said that Russian investments in Argentinian projects could be implemented in the sphere of ports and logistics infrastructure. (Prime/Business World Magazine)
The Cabinet of Ministers has decided to create PJSC Trunk Gas Pipelines of Ukraine within the management of the Energy and Coal Industry Ministry of Ukraine by September 1. The relevant provision is contained in the plan of restructuring Naftogaz Ukrainy, approved by cabinet resolution No. 496 dated July 1. Under the resolution, a proper…
Azerbaijan’s state oil company SOCAR will additionally produce about 5,480 tons of oil per year thanks to the commissioning of three new wells, which are being drilled at offshore fields Pirallahi-deniz and Darwin Bank, as well as the Saadan onshore field, SOCAR said. The projected depth of the well #1155 at the Pirallahi-deniz field is…
Head of State Nursultan Nazarbayev held a meeting with Minister of Energy Kanat Bozumbayev. Bozumbayev informed the President of the key indicators of development of oil and gas, petrochemical and energy sectors and about the plans on the work for the nearest future. Besides, the interlocutors discussed the progress in implementation of big investment projects…
Azerbaijan’s GDP amounted to almost 32.12 billion manats in January-July 2016, down by 3% YoY, according to a report of the State Statistics Committee. The report says that the main reason of the Azerbaijani economy’s reduction is the 30.7% decline in volumes of production and services in the construction sector. Over the seven months of…