Ukraine: government approves of 1.21 billion UAH project for upgrading another section of Urengoy-Pomary-Uzhgorod gas pipeline

Ukraine’s Cabinet of Ministers has approved of the project on modernization and overhaul of the section 3,364.5-3,391.2 km of the Urengoy-Pomary-Uzhgorod gas pipeline

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Tajikistan seeking investors to resume operations at the loss-making fertilizer plant

Tajikistan is seeking investors for resumption of operations at the debt-ridden and loss-making fertilizer plant, which is located in the southern province of Khatlon

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Uzbekistan claims 61st place in the world on GDP based on PPP

The World Bank issued a rating of countries on the volume of gross domestic product (GDP) based on purchasing power parity (PPP) for 2015. The rating includes 188 states

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Uzbekistan: 6 million square meters of habitations commissioned in H1 2016

Uzbekistan commissioned 6 million square meters of habitations in January-June, a publication of the Ministry of Economy and the State Statistics Committee of Uzbekistan said

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Uzbekistan keeps the 43rd place in the world on population

The World Bank published the rating of countries on number of populations in 2015. The rating includes 217 countries. According to the World Bank’s data, number of population of Uzbekistan made up 31

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Uzbekistan: localized goods output up in H1 2016

Uzbekistan produced 2.3 trillion soums worth of goods within the program of localization of production of ready goods, spare parts and materials in the first half of 2016, a publication of the Ministry of Economy and State Statistics Committee of Uzbekistan said

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Turkey completing construction of its BTK railway section

87% of the Baku-Tbilisi-Kars (BTK) railway has been constructed in Turkey, Ahmet Arslan, Turkish minister of transport, shipping and communications, said

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Uzbekistan: $1.8 billion of foreign investments used in H1 2016

Uzbekistan used foreign investments and loans for $1.8 billion in the first half of 2016, up by 17.2% YoY, a publication of the Ministry of Economy and the State Statistics Committee of Uzbekistan said

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Uzbekistan: share of small businesses in GDP up in H1 2016

Share of small businesses in the gross domestic product of Uzbekistan grew from 44.7% in the first half of 2015 to 46% in the first half of 2016, a publication of the Ministry of Economy and the State Statistics Committee of Uzbekistan said

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Uzbekistan: Qishloq Qurilish Bank’s assets reach 4.861 trillion soums in H1 2016

Total sum of net assets of Qishloq Qurilish Bank reached 4.861 trillion soums as of June 30. In the result of the second quarter of 2016, total size of the bank’s capital reached 462

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Azerbaijan: Qatar Airways flight from Tbilisi to Baku delayed for 8 hours

The Qatar Airways plane operating the flight from Tbilisi to Baku has been delayed for almost eight hours due to technical reasons, the Baku Heydar Aliyev International Airport said

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Tajikistan: Pakrut Gold Project production to start in August 2016

Production of gold at the Pakrut Gold Project is expected to start next month, according to the Ministry of Industry and New Technologies (MoINT)

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Azerbaijan: Shah Deniz field output up in H1 2016

The consortium of Azerbaijani Shah Deniz gas and condensate field development produced 5.4 billion cubic meters in the first half of the year, Natural Gas Europe reported citing Azerbaijani top energy official

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Tajikistan: gold output up in H1 2016

Over the first six months of this year, gold mining companies operating in Tajikistan have produced 2,096 kilograms of gold, up by 2% YoY, Tajik Minister of Industry and New Technologies Shavkat Bobozoda said

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Kyrgyzstan: 5.9 billion soms in the form of tax duties received from EEU countries

Kyrgyzstan has received 5.9 billion soms in the form of tax duties from the EEU countries, Deputy Director of the Central Treasury of the Ministry of Finance Marlen Amandykov said

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Kyrgyzstan: economic growth down

Kyrgyzstan’s economic growth has decreased since the beginning of the year, Deputy Director of the Central Treasury of the Ministry of Finance Marlen Amandykov said

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Kazakhstan: KMG EP oil output down

Kazakh oil company KazMunaiGas Exploration Production (KMG EP) produced 6.08 million tons of oil in H1 of 2016 including its stakes in subsidiaries and joint ventures, up by 0

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Kazakhstan: Kaznex Invest opens representative office in Turkey

JSC National Agency for Export and Investments Kaznex Invest which is a part of the Kazakh Investments and Development Ministry has accredited its representative office in Istanbul

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Kazakhstan: oil output to drop

Many oil producing companies working in Kazakhstan observed negative financial result in 2015, according to Vice Minister of Energy Asset Magauov

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Uzbekistan: JV MAN Auto Uzbekistan to launch production of cabs for trucks in September 2016

JV MAN Auto Uzbekistan, an Uzbek-German joint venture, will launch production of cabs for supersize MAN trucks in Samarkand region in September

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Uzbekistan: Jizzakh cement plant expands production capacities

Jizzakh cement plant completed implementation of the project on expansion of its production capacities up to 1 million tons a year. The project cost is $35

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Azerbaijan: trade with Iran to hit 80% growth

The volume of trade turnover between Iran and Azerbaijan is estimated to surge by at least 80% over the current Iranian year (to end March 21), an Iranian trade official said

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Azerbaijan: European Commission to financially support TANAP project

The European Commission will allocate 3.5 million euros of financial aid for the project for construction of TANAP via which Azerbaijani gas will be delivered to Turkey and then to Europe, said the message from TANAP

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Uzbekistan: Bravo Pharma and IUT to establish mutually beneficial cooperation

The Indian company Bravo Pharma expressed the intention of cooperation with Inha University in Tashkent (IUT) in the introduction of innovative solutions in healthcare

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Belarus calling for more active development of Eurasian transport corridors

More effort should be made to develop the international transport corridors in Eurasia, Ambassador Extraordinary and Plenipotentiary of Belarus to Tajikistan Oleg Ivanov said in his speech at a conference on the role of transport and transit corridors in ensuring sustainable development, the press service of the Belarusian Ministry of Foreign Affairs reported

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Uzbekistan: 600 enterprises start exporting their products

About 600 enterprises, which earlier did not export their goods, started to ship their products to foreign states in the first half of 2016, a publication of the Ministry of Economy and the State Statistics Committee of Uzbekistan said

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Ukraine: gas transit down

Transit of natural gas via Ukrainian gas transport system fell to 136 million cubic meters on July 26, and this is 30% less than average daily transit on July 1 through July 22 (around 190 million cubic meters a day), according to Ukrtransgaz’s data

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