The sum of a transaction on the acquisition of a controlling stake in Naftogazvydobuvannia significantly exceeds a figure of $180 million voiced by the ex-chairman of the company Oleh Seminsky, the press service of DTEK reported. At the same time, the energy holding said they did not have the right to operate exact figures, because,…
The Cabinet of Ministers endorsed the concept of the Energy Efficiency Fund to be created. “Setting up the Energy Efficiency Fund will allow making very simple things, first of all, improve the efficiency of energy consumption. We have about 100,000 multi-apartment buildings, 7.5 million private households. We don’t need to do pilot projects but broad…
As of the end of June, Rosneft drilled 1,010,684 meters of geological material. More than half of that amount was drilled by company’s in-house service subsidiaries. On June 28, the record daily meterage rate at all producing projects of the company was renewed and reached 40,339 meters. About half of that amount also accounted for…
Tajik Finance Minister Abdusalom Qurboniyon welcomed the delegation of the World Bank, led by Ranjit Lamech, World Bank Practice Manager, Energy and Extractive Global Practice in the Europe and Central Asia Region. Patricia Veevers-Carter, the World Bank Country Manager for Tajikistan, also attended the meeting. According to the Ministry of Finance Secretariat, the meeting participants…
About 20 billion cubic meters of gas have been annually produced in Ukraine, though only 12.5 billion cubic meters are of state production, Ukrainian Prime Minister Volodymyr Groysman said. “We extracted 60 and more billion cubic meters of gas back in 1970-1980s. Today, the state hardly produces 12.5 billion. And when I hear that Ukraine…
Prospective routes are becoming much more certain for the Turkmen electricity export, in particular to Pakistan and Tajikistan, says the Turkmen government. The message also said export opportunities could be expanded thanks to the commissioning of the gas-turbine power plant with annual capacity of 254 megawatts in the Beyik Turkmenbashy district of Turkmenistan’s Lebap region.…
Slovakia’s Nafta with facilities able to store 2.74 billion cubic meters of natural gas and developing gas fields near the border with Ukraine has acquired 50% of the Uzhgorod gas field for 1.5 million euro from U.S. Cub Energy Inc. with assets in Ukraine. Cub Energy said in a report that Nafta International B.V. (the…