Ukraine: Indonesia interested in turbines for generating electricity

Indonesian President Joko Widodo says his country is interested in cooperation with Ukraine, namely in the manufacture of turbines that generate electricity

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Russia: RZHD to participate in Rasht-Astara railway project implementation

Russian Railways is interested in taking part in implementation of the Rasht-Astara railway project of Azerbaijan and Iran, First Vice President of Russian Railways Alexander Misharin said

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Russia: government seeing risk of no Rosneft privatization in 2016

The Russian government may have no time to privatize a 19.5% stake in oil major Rosneft in 2016, Economic Development Minister Alexei Ulyukayev said

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Russia: gas export revenue down in H1 2016

Russia’s revenue from natural gas exports decreased by 31.6% YoY, $14.97 billion in January-June, the Federal Customs Service said. Russia exported 95

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Kazakhstan: Zhambyl region industrial output up in H1 2016

Zhambyl region increased its industrial output in H1 2016. In January-June the industrial output in Zhambyl region rose by 3.2% which puts it on the fourth position in the country ranking

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Russia: Uralkali announces senior management change

Uralkali announces the appointment of Alexander Terletsky as Uralkali Trading CEO. Prior to joining the company, Alexander Terletsky held the position of General Director of Lukoil Eurasia Petrol A

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Belarus: Tajikistan interested in buying more agricultural machines

Economy Ambassador Extraordinary and Plenipotentiary of Belarus to Tajikistan Oleg Ivanov met with the Chairman of the Board of the Eurasian Development Bank (EDB) Dmitry Pankin and Deputy Agriculture Minister of Tajikistan Zevarsho Zevarshoyev, the press service of the Belarusian Ministry of Foreign Affairs reported

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Iran: Azerbaijan to link Europe and Russia to Persian Gulf

The North-South international transport corridor is one of the main issues between Iran and Azerbaijan as well as regional countries, Iranian President Hassan Rouhani said

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Kazakhstan: working group on coal industry to be established

Prime Minister Karim Massimov held a republican meeting on the development of coal industry in Pavlodar Region. “The main purpose of our meeting is to review the current situation and prospects of development of the coal mining industry in the country

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Turkmenistan: new gasoline production facility to be commissioned at refinery

The installation of the facility for production of Euro 5 gasoline is nearing completion at the refinery in Turkmenistan’s Seidi city, said the message from the country’s oil and gas complex

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Uzbekistan: MTS sells its stake in UMS

SUE “Center of radio communication, broadcasting and television” and MTS signed an agreement to acquire shares of MTS in the authorized fund of JV LLC “Universal Mobile Systems” in the amount of 50

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Kazakhstan: Massimov familiarizes with modernization of Pavlodar Petrochemical Plant

During his working trip to Pavlodar region, Prime Minister Karim Massimov visited Pavlodar Petrochemical Plant. The Prime Minister was informed of the course of the plant’s modernization program and a unique complex for deep processing of oil

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Kazakhstan: Massimov checks bridge construction across Irtysh River

Prime Minister Karim Massimov has familiarized with the progress of construction of a bridge across the Irtysh River during his working trip to Pavlodar region

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Azerbaijan: Iran’s investments reach $2.5 billion

Relations between Azerbaijan and Iran have never been at such a high level as now, said Azerbaijan’s Economy Minister Shahin Mustafayev

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Uzbekistan: GM starts supplying Ravon R2 to Kazakhstan

GM Uzbekistan, an Uzbek-US automobile maker, shipped the first batch of Ravon R2 automobiles to Kazakhstan, the press service of the company said

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Ukriane: ERU Trading and PGNiG start gas supplies from Poland

ERU Trading (a subsidiary of Energy Resources of Ukraine) jointly with Poland’s national oil and gas company PGNiG have started natural gas supplies from Poland to Ukraine, ERU Trading has said

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Uzbekistan: delegation of Korea Telecom visits FIEZ Navoi

A delegation of Korea Telecom led by Vice President Mr. Baek-hee Lee paid a visit to the free industrial zone Navoi. During the meeting the current state and prospects of cooperation in investment spheres were discussed

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Azerbaijan: car plant groundbreaking ceremony held

A groundbreaking ceremony for construction of a joint Azerbaijani-Iranian car plant was held on August 6, in Azerbaijan’s Neftchala industrial quarter

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Belarus: BelOil redirecting export flows

Belarus Petroleum Company (BelOil) has redirected part of its export routes from Ukrainian ports to Lithuania’s Klaipeda, a source in the profile ministry said

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Belarus: China-Europe container transportation up in H1 2016

In January-June Belarusian Railways increased the volume of container transportation in the Chinese direction 2.5 times YoY, Alexander Yevsyuk, First Deputy Head of the Freight Operations and Foreign Economic Operations Service of Belarusian Railways, reported

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Belarus: Grodno-Warsaw-Krakow rail service to be launched in September 2016

Belarusian Railways jointly with the Polish operator is planning to launch the Grodno-Warsaw-Krakow rail service in September, first deputy head of passenger service of Belarusian Railways Andrei Kashko said

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Belarus: Foreign Ministry to set up council of exporters

A council of exporters will be set up under the aegis of the Belarusian Ministry of Foreign Affairs, representatives of the Ministry’s Foreign Economic Affairs Department said

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Belarus to continue WTO accession talks

Belarus will continue negotiating its accession to the World Trade Organization (WTO), representatives of the Foreign Economic Affairs Department of the Belarusian Ministry of Foreign Affairs reported

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Belarus: exports to go up by 2020

Belarus’ Council of Ministers approved of the national export promotion program for 2016-2020 and a roadmap for its implementation. The plan is outlined in Decree No

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Belarus: electrical power output down H1 2016

Electrical power output of Belarus’ power generating companies reduced by 2.8% YoY in January-June, to 16.6 billion kilowatt-hours (kWh), an official with the National Statistics Committee of Belarus (Belstat) reported

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Belarus: gold and forex reserves up in July 2016

In July Belarus’ gold and foreign exchange reserves rose by $315.4 million if calculated in accordance with methods of the International Monetary Fund

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Azerbaijan: biggest gas project moving forward

Construction of two main blocks of the Shah Deniz Bravo (SDB) offshore platform, which is being built as part of the development of Azerbaijan’s Shah Deniz gas and condensate field, has been completed by more than 50%, a source on the country’s oil and gas market said

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Azerbaijan: export & investment opportunities with China expand

The Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and the China Council for the Promotion of International Trade (CCPIT) signed a memorandum of understanding

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Tajikistan: Annual Pamir Invest Forum to take place in Khorog

Khorog, the capital of the Gorno Badakhshan Autonomous Region (GBAO), will host an annual Pamir Invest Forum to promote investment and regional trade

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Ukraine: Ukroboronprom to supply 60mm caliber mortars meeting NATO standards

Public joint-stock company Plant Mayak (Kyiv), part of Ukroboronprom State Concern, is preparing for batch production of new 60mm caliber mortars "Kamerton" designed to meet NATO technical standards AQAP-2000

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