Ukraine: Ukrenergo saves 5.3 billion UAH on procurement

Since October 2015, National energy company Ukrenergo has saved 5.3 billion UAH during procurement, acting director of Ukrenergo Vsevolod Kovalchuk said

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Ukraine: seaports grain exports down in the second week of October 2016

On October 10-16, Ukraine exported 506 thousand tons of grains from the seaports against 545.9 thousand tons on the previous week. In particular, wheat shipments reached 244

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Italy: TAP’s location has least environmental impact

TAP will be able to proceed with the replanting of the olive trees along the route in Italy, starting from the micro tunneling area, from November, Lisa Givert, TAP Head of Communications, reported

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Australia: Russian wheat aphid dying out after record rainfall

When the Russian wheat aphid first arrived in Australia in May, Australia’s grain industry went into a panic because the insect was potentially devastating for cereal crops

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Russia: AvtoVAZ introduces 4-day workweek as market declines

Russian car producer AvtoVAZ has partially reintroduced a four-day workweek on its facilities because of a continuing decline of the car market, a spokesman for the company reported

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Russia: Punginskoye UGS facility first start-up phase completed

StroyCazMontazh has completed the first start-up phase at the Punginskoye underground gas storage facility (UGS). Works for Punginskoye underground gas storage facility expansion have included installation of two 16MW GPUs and gas-collection system, consisting of 12 wells within three well groups, as well as construction of three administration buildings, a measuring point and a control room

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Azerbaijan: OPEC reveals oil production forecast

Azerbaijan’s oil supply is anticipated to average 0.87 million barrels per day, unchanged from the previous report, indicating minor growth of 10,000 barrels in 2016, OPEC said in its monthly oil market report

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Russia: Turkish Stream in line with Kiev transit deal

The Turkish Stream natural gas pipeline project is synchronized with expiration of Russia’s gas transit contract with Ukraine in December 2019, Energy Minister Alexander Novak reported

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Russia: manned US missions to ISS on Atlas V Launcher to use Russian RD-180 engines

Manned US missions to the International Space Station (ISS) aboard the Atlas V launch system and Boeing’s newly developing capsule will be carried out using Russia’s RD-180 engines, the Energomash space and rocket engine director Igor Arbuzov said

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Russia: Khrunichev Center concludes two Proton launch contracts as part of multi-launch deal with Eutelsat

International Launch Services (ILS) and Eutelsat have announced the signing of two launch contracts for the 2018-2020 period. ILS is a Khrunichev Space Center subsidiary, which provides Proton-based launch services for global international commercial satellite operators, and Eutelsat Communications is one of the world’s leading operators of satellite communications, headquartered in Paris, France

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Ukraine: Kherson has three potential investors for airport

Three potential investors are ready to invest money in the development of Kherson International Airport, Kherson Regional State Administration Chairman Andriy Hordeyev has said

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Kazakhstan: grain stocks at 14.6 million tons

As of October 1, the registered carry-over stocks of grains and pulses in Kazakhstan totaled 14.594 million tons (up by nearly 10 million tons MoM), the Statistics Committee of the Ministry of National Economy of the Republic of Kazakhstan reported

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India to purchase S-400 Triumf air defense missile systems from Russia

On October 15, Russia and India signed a deal on the deliveries of S-400 Triumph air defense systems and other equipment to India. Delivery of Russia’s most advanced anti-aircraft defense system, the S-400 Triumph, to India could begin in 2020 according to an agreement signed by Indian Prime Minister Narendra Modi and Russian President Vladimir Putin at the BRICS (Building Responsive, Inclusive and Collective Solutions) summit in India

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Russia: grain exports from the seaports doubled in the second week of October 2016

On October 10-16, the export volumes of grains from the Russian seaports reached 637.4 thousand tons against 325.9 thousand tons shipped on the previous week

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Ukraine: agricultural products exports to the EU up in January-September 2016

During the first nine months of 2016, the export volumes of agricultural products from Ukraine to the European Union countries increased by 15% YoY, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovoy declared

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Russia: Fitch improves outlook on rating to stable from negative

International rating agency Fitch has improved its outlook on Russia’s BBB- long-term issuer default ratings in local and foreign currencies to stable from negative, the agency said in a statement

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Ukraine: EU publishes proposal to increase the quotas for duty-free imports of products

The European Union published a proposal to increase the quotas for duty-free supplying of Ukrainian products, including food products, products of the chemical industry, etc

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EU and Azerbaijan to mull bilateral relations

The EU Special Representative for the South Caucasus Herbert Salber will visit Azerbaijan in late October, Salber’s press service reported

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China hopes to expand cooperation with Russia in space

China hopes to expand cooperation with Russia in the program of constructing its own orbital station, Wu Ping, a representative of China’s Manned Space Agency, said

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Kazakhstan: car sales increasing

Kazakhstan’s car market is gradually recovering after the crisis of 2014 -2016, Association of Kazakhstan Auto Business reports. The demand for new cars has increased slightly and the official dealers sold 3,356 new cars in September and 32,581 cars since the beginning of 2016, according to the association

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Belarus seeking strategic investors for Minsk Margarine Plant

The National Agency for Investments and Privatization (NAIP) has expanded until October 31, the deadline for bids from local and foreign companies interested in purchasing a 94

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Azerbaijan and Indonesia keen to deepen economic co-operation

A group of representatives of the Azerbaijani ‘Silk Road’ Public Union for Promotion of Development of Entrepreneurship, Indonesia’s Ambassador to Azerbaijan Husnan Bey Fananie and a number of the embassy employees were on a visit to Indonesia

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Azerbaijan: over 70 enterprises to be privatized

As many as 73 state enterprises and facilities will be put up at the auction for the privatization of the State Property Issues Committee of Azerbaijan on November 15, the message of the committee said

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Ukraine included in list of countries viewed as main food producers

According to estimates by international experts, Ukraine is viewed as one of the main producers and exporters of the food products required to feed the world in near future

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