JUNE 10 2015 (The Conway Bulletin) – Officials in Azerbaijan are considering increasing the electricity tariff to a more equitable market rate, media reported. Electricity across the former Soviet Union is generally subsidised although governments are reducing this, much to the irritation of ordinary people.
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(News report from Issue No. 235, published on June 11 2015)
JUNE 9 2015 (The Conway Bulletin) – New York-based ContourGlobal bought Armenia’s largest hydro-electric complex for $250m, media reported, the first major investment by a Western company in the Armenian energy sector. Russian companies dominate Armenia’s power generation sector.
ENDS
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(News report from Issue No. 235, published on June 11 2015)
JUNE 5 2015 (The Conway Bulletin) – Azerbaijan’s oil shipments via the Baku-Novorossiisk pipeline increased 40% in the first five months of the year compared to the same period in 2014, media reported quoting the state energy company. The increased oil flow through Russia is scheduled.
ENDS
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(News report from Issue No. 235, published on June 11 2015)
JUNE 9 2015 (The Conway Bulletin) – A Kazakh agricultural equipment manufacturer is in negotiations with a Turkish company to buy the licence to manufacture its armoured vehicles. Kazakhstan has previously said that it wants to improve and strengthen its defence sector manufacturing base.
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(News report from Issue No. 235, published on June 11 2015)
JUNE 9 2015 (The Conway Bulletin) – Pakistani PM Nawaz Sharif flew to Dushanbe for talks with Tajik president Emomali Rakhmon, his first visit to Tajikistan since the neighbours agreed an electricity supply deal earlier this year.
At this meeting the two leaders agreed to speed up building the infrastructure needed for Tajikistan to send electricity generated from its hydropower stations to Pakistan under the CASA-1000 deal.
Importantly they agreed to improve communication and links.
This is important. International organisations as well as Western states have supported the CASA-1000 deal. They want electricity sent to Pakistan improved as well as cash flowing into Tajikistan’s economy.
They also want to encourage deeper relations between countries, including between Tajikistan and Pakistan.
JUNE 10 2015 (The Conway Bulletin) – Kyrgyzstan’s GDP was 6.9% higher at the end of May than it was a year earlier, the Kyrgyz national statistics office said. The main driver of this growth was the Kumtor gold mine, Kyrgyzstan’s largest industrial project.
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(News report from Issue No. 235, published on June 11 2015)
JUNE 4 2015 (The Conway Bulletin) – As part of its ambition to become a more important transit country, Uzbekistan plans to increase the amount of cargo it moves through to Europe, media reported. A government official said that Uzbekistan wanted to increase cargo levels by 400% over the next few years.
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(News report from Issue No. 234, published on June 4 2015)
MAY 30 2015 (The Conway Bulletin) – Georgia’s President Giorgi Margvelashvili said that he opposed stripping the Central Bank of its supervisory duties over the country’s commercial banks. As reported in last week’s Bulletin, reformers suggested that these powers should be given to an independent body.
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(News report from Issue No. 234, published on June 4 2015)
JUNE 3 2015 (The Conway Bulletin) – Azerbaijan is looking for foreign partners to invest in the $16.5b oil, gas and petrochemicals processing plant it plans to build near Baku, a senior executive at the plant told Reuters. Azerbaijan has delayed completing the plant because of a lack of funds.
ENDS
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(News report from Issue No. 234, published on June 4 2015)
June 3 2015 (The Conway Bulletin) – Electricity prices in Armenia will increase, media quoted Robert Nazaryan, chairman of the Public Services Regulatory Commission, as saying, ending months of indecision. This will be the third electricity price rise in two years and triggered street protests.
ENDS
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(News report from Issue No. 234, published on June 4 2015)