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Posted on January 29, 2025

EBRD boosts financing for projects in Azerbaijan 26% in 2024

The EBRD provided loans totaling 156 million euros to finance two projects in Azerbaijan in 2023, thus increasing the volume of financing 25.6% year-on-year in 2024. Azerbaijan has been a member of ...

Posted on January 29, 2025

Purchases of Russian oil no longer help Azerbaijan maintain exports

In 2024, Azerbaijan continued to increase purchases of Russian oil, increasing them by almost a third. However, this did not help to keep the export of raw materials.

Posted on January 29, 2025

Kazakhstan counting on loan from Russia to construct three coal-fired thermal power plants – Energy Ministry

As reported, Kazakhstan plans to construct three thermal power plants jointly with Russia in the cities of Kokchetav at capacity of 240 MW, Semey at 360 MW, and Ust-Kamenogorsk at 360 MW. PJSC Inter ...

Posted on January 29, 2025

Kazakhstan counting on loan from Russia to construct three coal-fired thermal power plants – Energy Ministry

As reported, Kazakhstan plans to construct three thermal power plants jointly with Russia in the cities of Kokchetav at capacity of 240 MW, Semey at 360 MW, and Ust-Kamenogorsk at 360 MW. PJSC Inter ...

Posted on January 29, 2025

Kazakhstan to decide on oil output cuts after OPEC+ meeting

Kazakhstan will make a final decision on oil production cuts after the next joint OPEC+ meeting, the Central Asian country's Energy Minister Almasadam Satkaliyev said on Wednesday.

Posted on January 29, 2025

Kazakhstan to decide on oil output cuts after OPEC+ meeting

Kazakhstan will make a final decision on oil production cuts after the next joint OPEC+ meeting, the Central Asian country's Energy Minister Almasadam Satkaliyev said on Wednesday.

Posted on January 29, 2025

Kazakhstan’s Stock Exchange Presents Key Results from 2024

ASTANA – Trading volume at the Kazakhstan Stock Exchange (KASE) hit 389.1 trillion tenge (US$753.6 billion) in 2024, 5% less than the previous year, said KASE Deputy Chairwoman Dana Amanzholova on Jan ...

Posted on January 29, 2025

Kazakhstan’s Stock Exchange Presents Key Results from 2024

ASTANA – Trading volume at the Kazakhstan Stock Exchange (KASE) hit 389.1 trillion tenge (US$753.6 billion) in 2024, 5% less than the previous year, said KASE Deputy Chairwoman Dana Amanzholova on Jan ...

Posted on January 29, 2025

National Bank: Kazakhstan’s Cashless Payments Surge to Over 85% in 2024

ASTANA – Kazakhstan has seen a significant rise in cashless transactions, with their share exceeding 85% in 2024, according to the National Bank’s annual report on the development of the national ...

Posted on January 29, 2025

Sri Lanka to renegotiate wind PPA with Adani Green Energy

The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, aiming to reduce the cost to below $0.06 per unit.

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