Tag Archives: business

Azerbaijan oil exports drop

MAY 15 2015 (The Conway Bulletin) – Oil exports from Azerbaijan in the first four months of the year fell by nearly 1%, Reuters quoted a source at the state statistics agency as saying. The source did not specify a reason for the decline although it came as a surprise, especially after an earlier statement from BP that its oil output for Q1 had risen.

ENDS

(News report from Issue No. 232, published on May 20 2015)

Tourism campaign started in Georgia

MAY 17 2015 (The Conway Bulletin) – Under the slogan “Summer in Georgia”, the Georgian tourism board has started a $3.5m advertising campaign to attract more tourists from across the former Soviet Union, media reported.

ENDS

(News report from Issue No. 232, published on May 20 2015)

Kazakh city plans light railway

MAY 16 2015 (The Conway Bulletin) – China Railway Group has signed a deal with the Kazakh government to build a light railway network around Astana ahead of the city’s high-profile EXPO- 2017, media reported. The light railway will be 22km long and have 18 stations. Kazakhstan is spending heavily on EXPO-2017.

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(News report from Issue No. 232, published on May 20 2015)

Tajik electricity deal signed with EBRD

MAY 18 2015 (The Conway Bulletin) – The European Bank for Reconstruction and Development (EBRD) has signed a deal with the Tajik government to help it update and modernise its power network. The agreement is part of general modernisation linked to the CASA-1000 deal that will see Tajikistan export electricity to Pakistan.

ENDS

(News report from Issue No. 232, published on May 20 2015)

Investment rise in Turkmen gas

MAY 20 2015 (The Conway Bulletin) – At an energy conference, Suleymanmurad Guladov, a senior Turkmen energy official, said the government expected foreign investors to pump $3b into looking for gas reserves on its Caspian Sea shelf, Reuters reported. This is a rise from the $2.5b invested last year, Mr Guladov said.

ENDS

(News report from Issue No. 232, published on May 20 2015)

Kyrgyz tourism boost

MAY 18 2015 (The Conway Bulletin) – The number of Western tourists travelling to Kyrgyzstan has increased from 57,000 in 2013 to 86,000 last year, media quoted Kyrgyz government officials as saying. Officials said the introduction of a visa-free regime in 2012 had helped increase numbers.

ENDS

(News report from Issue No. 232, published on May 20 2015)

Uzbek foreign minister travelled to Brussels

MAY 18 2015 (The Conway Bulletin) – Uzbek foreign minister Suleymanmurad Guladov travelled to Brussels to meet EU officials, including Maros Sefcovi, the European Commission vice president in charge of energy policy. While no deals were signed, the meeting is a reminder of the growing relationship between Europe and Central Asia over energy.

ENDS

(News report from Issue No. 232, published on May 20 2015)

Cigarette production rises in Armenia

MAY 12 2015 (The Conway Bulletin) – Cigarette production in Armenia is booming, media reported quoting official statistics. In Q1 of 2015, cigarette production in Armenia increased by 28.4% compared to the same period in 2014.

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(News report from Issue No. 231, published on May 13 2015)

Uzbekistan boosts energy production

MAY 13 2015 (The Conway Bulletin) – Uzbekistan will increase oil and gas production by 9% in the next five years, Uzbekneftegaz the state oil and gas company, said. Media quoted Uzbekneftegaz representatives at a conference in Tashkent aimed at foreign investors.

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(News report from Issue No. 231, published on May 13 2015)

Uzbekistan to start gas refining

MAY 13 2015 (The Conway Bulletin) – Shokir Fayzullayev, head of Uzbekneftegaz, the Uzbek oil and gas company, said Uzbekistan intends to start an $18.65b investment project that will re-orientate its strategy for gas towards refining it rather than exporting it. Mr Fayzullayev said Uzbekistan wanted to add more value to its gas production.

ENDS

(News report from Issue No. 231, published on May 13 2015)