Kazakhstan with EBRD interested in investing in Central Asian region
Kazakhstan is ready to invest in the Central Asian countries together with the EBRD, President Nursultan Nazarbayev said
Tepco president quits as firm reports $15bn loss
The president of Tepco, which operates Japan's crippled Fukushima nuclear power plant, has resigned as the firm reported a loss of 1.25tn yen ($15.3bn; £9.4bn) for the past financial year.
Russia delays Belarus rescue loan until June
Russia said Thursday its cash-strapped neighbour Belarus will have to wait at least until next month before it receives a bailout loan to help fill its cash-starved state coffers.
Kazakhstan to propose candidate for IMF chief
Prime Minister Karim Masimov said Thursday he intends to nominate Kazakhstan National Bank Chairman Grigory Marchenko to lead the International Monetary Fund
Estonian gas market liberalisation plan to be completed by October
Estonian main electricity grid company Elering ordered an analysis from Pöyry Management Consulting (UK) Ltd on pro and contra arguments concerning liberalisation of the Estonian natural gas market and the plan on future activities, LETA/Delfi reports.
Missile defence in Europe no threat to Russia, US says
The United States insisted Wednesday that plans to stage missile defences in Europe does not pose a threat to Russia, after Russian President Dmitry Medvedev threatened to quit a key nuclear arms reduction agreement.
Kazakhstan set to freeze major gas project
Kazakhstan will freeze further development of its most promising gas field, Karachaganak, if it fails to resolve its dispute with foreign shareholders in the project, the Kazakh oil and gas minister said on Wednesday.
GE Gas Turbines to Provide Power for Sochi, Russia
Abundance of Natural Gas, Favorable Gas Pricing Help Drive Demand for Gas Turbines --Power Producers Seeking Flexible, Efficient Methods to Meet Electricity Demand --GE Gas Turbines Surpass 300 Million Hours of Operation GE (NYSE: GE) today announced it will supply two advanced technology aeroderivative gas turbines that will help to power the 2014 Winter Olympic Games in Sochi, Russia. The latest in a series of gas turbine orders received by GE in recent months, the project underscores a strong global demand for flexible, cost-effective and efficient electricity generation.
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