Ukraine: UIA launches Lviv-Vilnius flight

On September 16, Ukraine International Airlines (UIA, Kyiv) serviced its first direct regular flight between Vilnius and Lviv. The press service of the airline reported that new flights connecting Lviv and Vilnius would be serviced twice a week using Boeing-737 and Embraer-190 planes with business and economy classes

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Ukraine: 8.5 million tons of grains exported

Since the beginning of 2016/2017 MY, Ukraine exported 8.51 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared

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Ukraine: 2017 draft budget tabled in parliament

Respective bill No. 5000 was posted on the parliament’s website. At the same time, there is neither text of the document nor addenda available on the website

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Azerbaijan: SOCAR to diversify its financial channels

Azerbaijan’s state oil company SOCAR intends to diversify its financial channels, the company’s president Rovnag Abdullayev reported

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Russia: to restore air travel with Egypt by 2017

Russia hopes to restore air travel with Egypt by the end of 2016, Deputy Foreign Minister Mikhail Bogdanov, special presidential representative for the Middle East and Africa, reported

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Azerbaijan: SOCAR to sign new contract on large gas block

The Azerbaijani state oil company SOCAR plans to sign a new contract on the development of the Umid-Babek block of gas fields in the Caspian Sea by late 2016 to raise funds from international institutions and companies, Rovnag Abdullayev, SOCAR head, reported

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Russia: over 103 million tons of grains harvested

As of September 15, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 38

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Russia: sunflower exports up in July 2016

In July 2015/2016 MY Russia exported 0.8 KMT of sunflower against 11.5 KMT in the previous month and 1.3 KMT in July 2015. Since the beginning of 2015/2016 (September-July) Russian exporters shipped 60

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Azerbaijan: SOCAR to ink contract on prospective structure in Caspian

Azerbaijan’s state oil company SOCAR and Malaysia’s Petronas signed a memorandum of understanding on exploration, development and production of hydrocarbons at a block in the prospective offshore structure Goshadash, SOCAR said in a message

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Russia: Lukoil to invest $7.5-8 billion in 2017

Russian oil major Lukoil may invest approximately $7.5-8 billion in 2017 and around $100 billion over the next 10 years, the company’s president Vagit Alekperov said

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Azerbaijan: Total to start drilling at Absheron field in mid-2017

French company Total may start drilling the first well at the Azerbaijani gas field Absheron in mid-2017, Rovnag Abdullayev, head of the Azerbaijani state oil company SOCAR, reported

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Russia: wheat flour production down

In January-August the production volumes of crude sunflower oil and its fractions in Russia totaled 2.4 million tons, up by 10.6% YoY, the Federal State Statistics Service (Rosstat) declared

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Azerbaijan: new head of EBRD’s Baku office begins activity

Ivana Duarte, new head of Baku office of the European Bank for Reconstruction and Development (EBRD), arrived in Baku to hold talks with Azerbaijani MPs, a source in the country’s government reported

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Russia: management changes at IBA’s Moscow branch

Elmir Habibullayev has been elected the new chairman of the Supervisory Board of Subsidiary of the International Bank of Azerbaijan (IBA) in Russia, IBA-Moscow, the Center for Disclosure of Corporate Information reported

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Kazakhstan: 1 million tons of grain exported

Kazakhstan has exported 992,700 tons of grain and flour in grain equivalent in the current marketing year (2016-2017), the Ministry of Agriculture informs on its website

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Kazakhstan: grain stocks total 4.8 million tons

As of September 1, the registered carry-over stocks of grains and pulses in Kazakhstan totaled 4.83 million tons (up by 1.8 million tons MoM), the Statistics Committee of the Ministry of National Economy of the Republic of Kazakhstan reported

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Azerbaijan: Iranian companies to use industrial park

Iranian companies will be able to use the Pirallahi Industrial Park, which will specialize in pharmacy, Azerbaijan’s Minister of Economy Shahin Mustafayev said

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Ukraine: farmers called to export lentil to India

Indian Ambassador to Ukraine Manoj Kumar Bharti has called on Ukrainian farmers to export lentil to India. “In 2015, Canada exported 500,000 tons of lentil to India

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Ukraine: production of high-oleic sunflower oil to go up

In terms of the current situation on the global market of high-oleic sunflower oil, when the market segment demonstrates noticeable reduction of activity from major customers, fall of bid prices for the product, as well as purchasing prices for the raw material and price premiums, in 2016/2017 MY Ukraine will be able to process and sell nearly 60% of high-oleic sunflower seed produced in 2015/2016 MY, the oilseed analyst at APK-Inform Agency Julia Ivanitskaya declared

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Ukraine: prices for sunflower seed and sunflower oil to drop

In 2016/2017 MY, the market of sunflower seed and sunflower oil in Ukraine will face the bearish trend, the Consultant at Agritel International Oleksandra Suslova declared

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Russia: Egypt’s zero-ergot policy not to affect the potential of wheat exports

The current problems with supplies of Russian wheat to Egypt, due to requirements of zero ergot fungus content in the imported grain, will not have any significant influence on the export potential of Russia, the Director of the Department of regulation of agricultural markets at the Ministry of Agriculture Vladimir Volik declared

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Azerbaijan: EBRD’s support important

A delegation of the European Bank for Reconstruction and Development (EBRD), headed by Bruno Balvanera, director for the South Caucasus, Moldova and Belarus, arrived in Baku

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Azerbaijan: China to get a stake in OGPC

Chinese companies may become owners of up to 50% in the Oil and Gas Processing and Petrochemical Complex (OGPC) in Azerbaijan, head of the country’s state oil company SOCAR Rovnag Abdullayev said

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Belarus: agrometeorological and crop conditions in mid-September 2016

Agrometeorological conditions for soil preparation and autumn sowing vary all over the country. Waterlogging of 10-cm soil layer was noted in some places of Vitebsk, Grodno and Minsk regions due to the rains, which complicates the conditions of field works

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Azerbaijan and Kazakhstan to mull energy and transport co-op

The 13th session of the Kazakh-Azerbaijani intergovernmental commission on economic cooperation will be held in Astana on September 21-22, the Kazakh embassy in Baku said in a message

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Azerbaijan: SOCAR to be technical consultant for IAP project

Azerbaijan’s state oil company SOCAR will be a technical consultant for Ionian Adriatic Pipeline (IAP) project, Murad Heydarov, head of SOCAR Balkan company, said

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Azerbaijan the most important country in Caucasus and region

Ambassador Extraordinary and Plenipotentiary of the United States of Mexico to the Republic of Azerbaijan Rodrigo Labardini has received Caspian Energy’s delegation headed by President and Editor-in-Chief of the Caspian Energy International Media Group Natalya Aliyeva

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Ukraine: market of high-oleic sunflower has good development prospect

To date, there are a lot of factors, which impact will contribute to the following growth of production volumes in the high-oleic sunflower market segment of Ukraine, the Vice-President of commerce at AgroGeneration Kateryna Konashchuk declared

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Ukraine: 40 million tons of grains harvested

As of September 16, Ukrainian agrarians harvested 39.99 million tons of grains throughout the areas of 10.21 million ha, or 71% of the plan. The average yield totaled 3

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Ukraine: UIA commences testing SMS notification service

UIA started testing SMS notification service informing passengers of all scheduled flights on any delays and cancellations. Therefore, the airline's clients will be notified of important schedule alterations

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