UN Calls for Investigation on Tanker Attacks
United Nations Secretary-General Antonio Guterres called on Friday for an independent investigation to establish the facts and who was responsible for attacks on two oil tankers this week in the Gulf of Oman.The United States blamed Iran for the attacks on Thursday, a charge Tehran rejected. Amid the rising tensions, Guterres said he was available to mediate if the parties agreed, however he added that "at the present moment…
Futures Gain as Oil Edges Higher
Stock futures pointed to a higher opening for Canada's main stock index on Tuesday as oil prices rose on hopes that OPEC and non-OPEC producers may be edging closer to a deal to tackle one of the biggest supply gluts in decades. March futures on the S&P TSX index were up 0.63 percent at 7:30 a.m. ET. No major economic events are scheduled for the day. The Toronto Stock Exchange's S&P/TSX composite index fell on Monday as…
First Joint Welded of Final Section of Phase II at Bukhara Gas
Today the vicinities of Sokuluk village (Chuy Region, Kyrgyz Republic) hosted a ceremony of welding the first joint of the final section of Phase II at the Bukhara Gas-Bearing Province – Tashkent – Bishkek – Almaty gas main from the Kazakh-Kyrgyz border to the Sokuluk compressor station. Taking part in the ceremony were Kubanychbek Turdubayev, Minister of Energy and Industry of Kyrgyzstan, Alexey Miller, Chairman of the Gazprom Management Committee…
Glaciers Thawing Fast in Threat to Hydro Power, Farms
Mountain glaciers in Central Asia have shrunk four times faster than the world average, threatening river flows vital for agriculture and hydro power from Uzbekistan to western China, scientists said on Monday. Global warming is likely to quicken the thaw in the vast Tien Shan range in coming years, melting half the remaining ice by the 2050s, according to the study led by the GFZ German Research Centre for Geosciences. A local rise in temperatures…
Ex-Soviet States Challenged by Cheap Oil
The three main members of the Russian-led Eurasian Economic Union face a big economic challenge from the fall in global oil prices, Kazakh President Nursultan Nazarbayev said on Friday. But, speaking before talks in the Kazakh capital Astana with Russian President Vladimir Putin and Belarussian President Alexander Lukashenko, Nazarbayev said the situation had become more stable. Belarus and oil producers Kazakhstan and Russia are joined by Armenia in the Eurasian Economic Union.
Gazprom Secures Gas Supplies to South Kyrgyzstan
Natural gas supplies to the South of Kyrgyzstan were renewed today after an eight-month stoppage. This was achieved due to the accord between Gazprom and the Uzbekneftegaz petroleum company for 2015, stipulating the annual supply of up to 100 million cubic meters of natural gas to the southern regions of the country.
Gazprom to Upgrade Gas Supplies to Kyrgyzstan
The development of gas transmission and distribution infrastructure of Kyrgyzstan was discussed during a meeting held at the Gazprom headquarters hosted today between Alexey Miller, Chairman of the Company's Management Committee and Djoomart Otorbaev, Prime Minister of the Kyrgyz Republic. It was pointed out that the relevant facilities in the Republic were well rundown. In this regard, Gazprom is working out the General Gas Supply and Gasification Scheme of Kyrgyzstan until 2030.
Gazprom Kyrgyzstan Team to Help Improve Gas Supplies
As part of the working visit to Kyrgyzstan, the Gazprom delegation led by the Management Committee Chairman Alexey Miller met with the Gazprom Kyrgyzstan team in Bishkek today. Kyrgyzstan's organizational structure with regard to procedures applied in Gazprom. It was pointed out that at the moment the Articles of Association of the subsidiary company were approved and the Board of Directors was elected. The meeting participants also touched upon the progress with a number of production…
