Construction of a power line of 500 kilovolts is under consideration for ensuring the electricity supply from Turkmenistan to Pakistan. The route of the new electricity grid will run in parallel to the route of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline. Moreover, work is underway on constructing Mary – Sarakhs – Mashhad (Turkmenistan-Iran) overhead power transmission line…
International Finance Corporation (IFC) is considering the possibility of financing the Southern Gas Corridor project, IFC representative in Azerbaijan Aliya Azimova said. She pointed out that this project was of great importance for the entire region. “We constantly follow the ongoing processes in this project and systematically connect with its main participants. However, for the…
Construction of a pipeline through Greece for supplies of Russian gas to Europe is a purely economic project and Athens is determined to implement it as soon as possible, Special Adviser to the Greek Prime Minister Dimitris Velanis said. “We will certainly go for implementation of the project. And Europe knows it”, he said. The…
In January-August Ukraine exported $109.49 million worth of electricity, in particular $11.122 million in August. According to the State Fiscal Service, electricity delivered to Hungary amounted to $82.897 million, $26.238 million to Poland, $347,000 to Moldova and $7,000 to other countries. In January-August Ukraine imported $2.759 million worth of power from Russia and $46,000 from…
In January-August Ukraine imported $902.221 million worth of coal and anthracite, in particular $104.331 million in August. According to the State Fiscal Service, Russia supplied coal for $594.937 million, the United States for $132.658 million, Australia for $49.461 million, other countries for $125.165 million. The total volume of coal delivered to the country for the…
Azerbaijani state oil company SOCAR expects compromise proposals from the Greek government for the successful completion of the deal on acquisition of a stake in Greece’s gas transmission system operator DESFA, Director General of SOCAR Energy Greece Anar Mammadov reported. He said that the new rules for calculating tariffs for gas in Greece would have…
An out-of-court settlement of a gas price revision dispute between Poland’s oil and gas company PGNIG and Russian gas giant Gazprom is improbable, CEO Piotr Wozniak said. “Like us, Gazprom is waiting for an arbitration ruling, which will be made in July or August next year in accordance with the procedures, this is why the…