The Asian Development Bank (ADB) has allocated more than half of the funds’ volume within the framework of a grant worth $800,000 for operational preparation of an investment program of electricity distribution development in Azerbaijan, the ADB said in a statement posted on its website. ADB has provided Azerbaijan with $455,280 since the beginning of…
Belarus’ proceeds from exports of petroleum products to Poland grew 2.19 times YoY in January-June to $111.3 million, a source in the profile ministry reported. Belarus exported to Poland 326,339 tons of petroleum products in January-June, up 4.26 times YoY. Belarus exported 151,080 tons of petroleum products in 2015 (up 2.57 times YoY) worth $76.4…
The project “Construction of Development Gas Wells at Pelyatka Gas Condensate Field” envisages construction of twelve wells by the end of 2016. The aim of the project is to ensure gas production in the amount sufficient for uninterruptable power supply to Norilsk Nickel production facilities and housing sector of surrounding area. Integra-Burenie Company from Nizhnevartovsk…
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…