Tag Archives: business

GE signs deals for Kazakh turbines

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SEPT. 27 (The Conway Bulletin) – The US’ GE signed a deal to sell 12 wind turbines to ENI’s 48MW wind farm in Badamsha in north-east Kazakhstan for an undisclosed amount. Kazakhstan has commissioned several wind farms across the country as it looks to hit green energy targets. The Badamsha project is expected to be the first operational wind farm in Kazakhstan when it starts producing power by the end of 2019.
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>>This story was published in issue 387 of The Conway Bulletin on Oct. 1 2018

Azerbaijan is building a warship with Turkey

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SEPT. 29 (The Conway Bulletin) – Turkish and Azerbaijani shipyards are teaming up to jointly build four warships, the Trend newspaper reported. The deal is yet another indication of the strength of Azerbaijan-Turkey relations. From pictures, the naval ships appeared to be a new class of patrol boats.
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>>This story was published in issue 387 of The Conway Bulletin on Oct. 1 2018

CPC oil flows will grow

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SEPT. 26 (The Conway Bulletin) – The Caspian Sea Pipeline Consortium which runs a pipeline that pumps oil from northern Kazakhstan around the Caspian Sea to the Russian Black Sea port of Novorossiysk said that it was likely that volumes would rise to 65m tonnes next year from this year’s expected volume of 60-61m tonnes. Oil prices have risen to their highest level since November 2014, increasing transport volumes.
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>>This story was published in issue 387 of The Conway Bulletin on Oct. 1 2018

Putin visits Azerbaijan

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SEPT. 27 (The Conway Bulletin) – On a flying visit to Baku on the eve of the CIS leaders’ summit in Dushanbe, Russian President Vladimir Putin praised relations with Azerbaijan and talked up their joint investments. He said that Russian companies had created 700 joint ventures in Azerbaijan and had invested $1.5b. Mr Putin has appeared to step up his attention to Azerbaijan over the past few months, just as Azerbaijan readies to start sending gas supplies to Europe through a new pipeline network. Azerbaijani President Ilham Aliyev is also a regular visitor to Russia.
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>>This story was published in issue 387 of The Conway Bulletin on Oct. 1 2018

EIB to lend Georgia’s TBC 30m euro

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SEPT. 24 (The Conway Bulletin) – The European Investment Bank (EIB), which is linked to the European Union, lent Georgia’s TBC Bank 30m euro to extend its financing of small and medium-sized companies. Officials from both banks said that they expected 600 small companies to benefit from the loan. Financial institutions have been targeting boosts to Georgia’s business sector.
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>>This story was published in issue 387 of The Conway Bulletin on Oct. 1 2018

Tbilisi’s taxis go all white

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TBILISI/SEPT. 28 The shabby-chic mosaic of Tbilisi taxis will be a thing of the past if the mayor’s office gets its way.

From next October all taxis will have to be white, the mayor’s office ordered. Although it didn’t specify which model of car taxis had to be, it also said that taxis will have to have doors opening onto the rear seats and to be left-hand drive.

“Some visual standards for taxis in the capital will be mandatory from October 1, 2019,” said Tbilisi mayor Kakha Kaladze. “!We decided on white as the mandatory colour for Tbilisi taxis from October next year.”

Taxi driver associations, though, said that the new colour regulations will impose costs that will just force up prices for clients.

Tourism to Tbilisi has taken off over the past 12 months and the authorities have been trying to respond by smartening up the city and professionalising its taxi service.

Earlier this year, the Tbilisi city authorities imposed registration requirements for taxi drivers who have been more used to operating with light regulations.
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>>This story was first published in issue 387 of The Conway Bulletin on Oct. 1 2018

Afghan rail link via Turkmenistan to is on, says Tajikistan

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SEPT. 25 (The Conway Bulletin) – Tajikistan’s government said that a project to link up Afghanistan and Tajikistan with an 80km railway through Turkmenistan was still ongoing despite news reports quoting the Tajik ambassador to Turkmenistan saying that it had been cancelled. Turkmenistan and Tajikistan have rowed over the past few weeks over delays at the Turkmen border for Tajik trucks trying to cross to Afghanistan. This has fuelled speculation that Tajik-Turkmen relations and joint projects would be damaged.
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>>This story was published in issue 387 of The Conway Bulletin on Oct. 1 2018

Close nuclear power station, EU tells Armenia

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JAN. 30 (The Conway Bulletin) – The European Union has once again told Armenia that it needs to close its nuclear power station at Metsamor. The power station has become a major source of friction between the EU, which says it is an environmental risk, and Russia, which has lobbied to keep it open. It lies in an earthquake zone but still provides Armenia with 40% of its power as well as giving it a valuable export commodity.

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>>This story was first published in issue 360 of The Conway Bulletin

Turkish company to open bus assembly plant in Dushanbe

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JAN. 29 (The Conway Bulletin) – Turkey’s AKIA buses said that it is opening an assembly plant in Dushanbe. The factory is a joint-venture between AKIA and a Tajik government company and will have a production capacity of 250-300 buses per year. There are few manufacturing plants in Tajikistan.

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>>This story was first published in issue 360 of The Conway Bulletin

China pays for Tajik section of pipeline

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DUSHANBE, JAN. 31 (The Conway Bulletin) -China is funding construction work on the Tajik section of a pipeline that should culminate in more gas being imported from Turkmenistan, media reported.

Tajik news agency Asia Plus reported that work on the fourth Central Asia-China gas pipeline had stopped until China came forward with cash for the project. It quoted Tajik deputy energy minister Jamshed Shoimzoda as saying that China was now making payments.

“Certain works are currently being carried out in the Roudaki district,” he was quoted as saying.
The pipeline is important politically as it links Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan. It is also important economically as it will bring in transit fees and create jobs.

Building work on the project had begun in 2014 but appeared to stall in 2015 with Uzbek officials saying that work had been suspended.

Tajikistan is hosting a 400km section of the pipeline.

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>>This story was first published in issue 360 of The Conway Bulletin