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…
The scheduled repair of Nord Stream for the period from August 9 through August 17 has resulted in a rise in Russian gas transit across the Ukrainian gas transport system to Europe by 20%, spokesman of public joint-stock company Ukrtransgaz Maksym Beliavsky has said. “Due to repair of Nord Stream gas pumping by Ukraine to…
Russian group of companies Solar Energy received the right to invest 12 billion rubles in construction of six solar power stations in several districts of southern Astrakhan Region, the regional government said in a statement on August 5. “Companies KompleksIndustriya and Energoholding, part of the Solar Energy group of companies, have received the rights for…
Ukraine’s Cabinet of Ministers has increased the cost of coal used for calculating subsidies by 30.5% or 467.1 UAH, to 2,000 UAH per ton. “If a household receives 2 tons of coal, it will receive 4,000 UAH (earlier around 3,000 UAH)”, Social Policy Minister Andriy Reva said. Along with the cost of coal, the government…
The Trans Adriatic Pipeline (TAP) AG has announced that the construction of the pipeline on the territory of Albania is progressing without delays. TAP AG tweeted that 87.5% of access roads and bridges in Albania had already been upgraded. TAP’s route through Albania is approximately 215 kilometers onshore and 37 km offshore in the Albanian…
Iran believes it is necessary to expand the energy cooperation with Azerbaijan’s state oil company SOCAR, said Iran’s Oil Minister Bijan Namdar Zanganeh. Zanganeh made the remarks during a meeting with SOCAR President Rovnag Abdullayev in Baku on August 8. During the meeting, Abdullayev pointed to the rapid and successful development of Azerbaijani-Iranian relations, which…
Electricity consumption in Kyrgyzstan decreased, the National Electric Network of the Kyrgyz Republic JSC reported. According to recent reports of the central dispatching service of the company, in July distribution companies consumed 555.11 million kilowatt-hours. Last year, consumption was 570,599 million kilowatts. It should be noted that according to the decision of the government on…