Ukraine’s program to stop importing gas envisages the increase in electricity generation, thanks to completion of two reactors of Khmelnitsky nuclear power plant (NPP) and construction of hydroelectric power plants (HPP), Ukrainian Energy and Coal Industry Minister Ihor Nasalyk said. “Agreements to complete two reactors of Khmelnitsky NPP have been reached. In addition, last week…
Tesla Zet company introduces the next generation LEDs with the luminous efficiency of 160 lm/W. It is the most energy-saving form of LEDs for both commercial and domestic use. The competitive advantage of these LEDs is the best in price/quality ratio in the world. LEDs reliability and energy efficiency from the Ukrainian manufacturer Tesla Zet…
Azerbaijani state oil company SOCAR has completed construction of a new tank farm on the company’s Black Sea oil terminal in Kulevi (Georgia), said the terminal’s message posted on its website. The project envisages construction of six tanks with a total capacity of 60 thousand cubic meters and a two-line railway overpass for simultaneous unloading…
The Verkhovna Rada has adopted law No. 2706 on writing off fines imposed on heating and water supply companies due to late payments for gas and electricity. Some 253 deputies voted for the law. The document also suggests the introduction of a moratorium on imposing new fines on heating and water supply companies in the…
National joint-stock company Naftogaz Ukrainy is discussing with the European Bank for Reconstruction and Development (EBRD) the possibility of expanding a credit line with the limit of $300 million raised at the end of 2015 from the bank to buy natural gas in Europe, Naftogaz Ukrainy commercial director Yuriy Vitrenko said. The current credit line…
Russia’s gas producer Gazprom offers a lower price for natural gas supplies to Ukraine than European countries, chief executive officer of Ukraine’s state gas company Naftogaz Ukrainy Andrey Kobolev said. “The price Gazprom is offering ($167.57 per 1 thousand cubic meters) is slightly lower than that of European suppliers”, he said, adding that the gas…
Kyrgyzstan is again considering the issue of electricity supply from Tajikistan in summer, the department of information support of the government reported. The deputy prime minister Oleg Pankratov held a meeting on preparations for the autumn-winter of 2016/2017 and discussed the accumulation of water in the Toktogul reservoir. He instructed the National Energy holding of…