Ukraine: 10.2 million tons of coal imported in January-August 2016

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

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Russia: banks’ net profit at 537 billion rubes in January-August 2016

The combined net profit of Russian banks amounted to 537 billion rubles in January-August and it is expected to exceed 700 billion rubles overall in 2016, Deputy Central Bank Chairman Mikhail Sukhov said

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Greece: SOCAR expecting compromise on DESFA deal

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

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Turkey: SOCAR suspends cogeneration plant project

Azerbaijan’s state oil company SOCAR has suspended the project for construction of a cogeneration plant – Petkojen – in Turkey due to technical reasons, Anar Mammadov, head of Turkish petrochemical complex Petkim, reported

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Azerbaijan: state securities market up

The total turnover of exchange transactions on all instruments at the Baku Stock Exchange exceeded 2.94 billion manat in January-August, down 2

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Latvia: Stena Line opens Bordershop in Ventspils

Stena Line opens a new Bordershop in Ventspils. It is another step in Stena Line strategy to offer its customers value for money products. Bordershops, selling cheap alcohol products, is a very attractive concept for Swedish travelers and the aim is to increase the interest for them to visit Latvia

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Kyrgyzstan: sugar imports to drop

Import of sugar in Kyrgyzstan could be greatly reduced, the press service of the Kyrgyz Ministry of Economy reported. At least 183,200 tons of sugar beet have been harvested in Chui region in 2015

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Tajikistan: “Tajik Railways” buys locomotive in Kazakhstan and diesel train in Estonia

State unitary enterprise “Tajik Railways” has acquired a modern long-haul locomotive from Kazakhstan. It is the fifth locomotive to be purchased in Kazakhstan by the railroad of Tajikistan in recent years

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Tajikistan to get 368 thousand tons of cotton in 2016

A mass campaign for the collection of raw cotton started on the sidelines of Tajikistan these days. Farmers of the country have sent all existing opportunities for a timely harvest, the Ministry of agriculture reports

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Russia: throughput of Vladivostok Port up in January-July 2016

In January-July Vladivostok Sea Fishing Port (Vladmorrybport OJSC) handled 2,180,100 tons of cargo (up by 38.6% YoY), the stevedoring company reported

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Kazakhstan: plant to repair Russian helicopters

An Aircraft Repair Plant No. 405 JSC has passed examination procedure by the Helicopters of Russia joint stock company and is currently recognized as an authorized aircraft repair enterprise in Kazakhstan, according to the Defense Ministry’s Press Service

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Lithuania: Belarus and China to make tractors in Vilnius

Negotiations on setting up a Belarusian-Chinese joint venture to make tractors at premises of ZAO Amkodor Baltic in Vilnius took place on September 1-2

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Poland: PGNIG sees peaceful Gazprom dispute solution improbable

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

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Russia: no short list of contenders for Rosneft yet

The Russian government has not made a short list of contenders in privatization of oil major Rosneft so far, Deputy Prime Minister Arkady Dvorkovich reported

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Lithuania: Emerson becomes the first international partner of the LNG cluster

A new member has joined the liquefied natural gas (LNG) cluster – the Emerson (USA) company became the first international partner of the cluster, Klaipedos Nafta says in a press release

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Russia: Kaliningrad region to compensate costs for sea cargo transportation to/from mainland

Kaliningrad region is looking into a possibility of compensating shipping costs when it comes to cargoes delivered by sea to the region from the mainland Russia and back, Vladimir Zhovtun, head of the Transport Development Department at the regional Ministry of Infrastructure Development, said

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Russia: Ikea to invest 100 billion rubles by 2023

Swedish furniture maker Ikea plans to invest 100 billion rubles in Russia over the next five to seven years, CEO of the Russian division Milen Genchev said

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Belarus: Egypt interested in setting up manufacturing enterprises

Egypt is interested in setting up manufacturing enterprises together with Belarus. The relevant possibilities were discussed during the latest meeting of Ambassador Extraordinary and Plenipotentiary of Belarus to Egypt Sergei Rachkov and Egyptian Assistant Foreign Minister for European Affairs Ihab Nasr, the press service of the Belarusian Ministry of Foreign Affairs reported

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Belarus: China to invest 700 million RMB in housing construction in 2016-2017

China’s investments into the construction of multi-storied apartment buildings in Belarus in 2016-2017 will total 700 million yuan (RMB), Belarus’ Vice Minister of Architecture and Construction Alexander Kruchanov said in a statement

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Russia: Caspian flotilla ships perform artillery firing missions within the “Caucasus-2016” exercise

The Caspian flotilla ships Volgodonsk and Makhachkala within the strike grouping have performed artillery firings in the assigned zones of the Caspian Sea at the strategic command-and-staff exercise “Caucasus-2016”, the press center of RF Defense Ministry reported

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Latvia: cargo traffic at Liepaja port down in January-August 2016

Freight volume handled in the Port of Liepaja in January-August declined by 0.4% YoY, to 3,353,000 tons, the Port Authority reported. In the reporting period grain shipments rose by 5

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Belarus: BPC exports 1.1 million tons of potash in August 2016

The Belarusian Potash Company (BPC) shipped 1.1 million tons of potash fertilizers to foreign customers in August, a BPC representative reported

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Azerbaijan: BP talks delivery of gas to Europe

77% of the preparatory work for starting the delivery of Azerbaijani gas in 2018 as part of the Stage 2 of the Shah Deniz field’s development has been completed, BP Regional President for Azerbaijan, Georgia and Turkey Gordon Birrell said

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Belarus: car tire market to shrink in 2016

The capacity of Belarus’ automobile tire market is likely to reduce slightly in 2016, Belarus’ tire manufacturer Belshina said in a statement

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Belarus: cement manufacturer starts burning dried peat to save $2.5-3 million

Belarus’ largest cement producer OAO Krasnoselskstroymaterialy has implemented a new cement drying technology based on burning dried, cut and separated peat, the Energy Ministry of Belarus reported

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Azerbaijan: Baku railway station to open soon

In December Azerbaijan will open the Baku railway station, Javid Gurbanov, chairman of Azerbijan Railways CJSC, said. Gurbanov added that ASAN service would be engaged in the sale of tickets at the station

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Pakistan: Azerbaijan interested in LNG tender

Azerbaijan is among the countries that are interested in tenders for LNG supplies, Adnan Gilani, head of Pakistan LNG, a new state-owned company set up to manage procurement and supply of gas, informed

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Russia: Balakin appointed Managing Director of port Posiet

Mechel says Anatoly Balakin has been appointed Managing Director of commercial port Posiet (part of Mechel Groip’s transport division administered by Mecheltrans Management Company LLC)

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Azerbaijan: cargo transportation to bring $2.5 billion annually

Azerbaijan can annually earn nearly $2.5 billion on cargo transportation, Chairman of Azerbaijan Railways CJSC Javid Gurbanov said. “If we can make 50 million tons of cargo annually pass through the territory of Azerbaijan we will annually receive $2

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Ukraine: government seeks to sell Artyomsol, Ukrspyrt and Bilshovyk R&D companies in 2017

Ukraine’s Cabinet of Ministers has expanded the list of facilities to be put up for sale in 2016-2017 after they have been removed by the Verkhovna Rada from the list of companies ineligible for privatization

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