Economic Press Monitor
June 24, 2014
IN THIS ISSUE:
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| 1. |
RUSSIAN CLUB PREPARES FOR “NAMAKHVANIHES” CONSTRUCTION
Energy, Oil & Gas
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The article mentions that Russian investors are interested in large energy projects in Georgia. The largest project, which does not have owner yet, is NamakhvaniHES.
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| 2. |
NEW ACHIEVEMENT: AREA OF 412,000 HA WAS CULTIVATED THIS YEAR
Agriculture & Food
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According to latest data, area of 412,000 ha was cultivated in autumn-spring, against of 407,000 ha and 304,000 ha in two previous years. In autumn, wheat was sown on 85,000 ha, which is by 15,000 ha more than a year ago and by 40,000 ha more than two years ago.
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| 3. |
OIL-PRODUCTS’ IMPORTERS UNION DEMANDS NEW NORM OF NATURAL LOSS
Energy, Oil & Gas
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Oil-Products’ Importers Union says that sea terminals have significant loss upon storage/transshipment of raw oil and oil-products. The Union considers that in order to arrange accounting of these losses, respective regulations should be approved timely.
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