The World Bank’s current investment project portfolio in Ukraine amounts to about US$2.8 billion. Investments support improving basic public services that directly benefit ordinary people in areas such as water supply, sanitation, heating, power, roads, social protection and healthcare, as well as private sector development. Since Ukraine joined the World Bank in 1992, the Bank’s commitments to the country have totaled over US$10 billion in about 70 projects and programs.

Although Turkey has a lack of energy reserves itself, it is a good transit state and can bring benefit to both itself and the EU through the use of alternative pipelines in different regions. Like Russia, Turkey has both problematic and good relations with the European Union, but unlike Russia it wants to be the part of Euro-Atlantic Security Community.

Rosneft and Demiroren Group Companies signed an Agreement on petroleum product supplies during 2018-2020.

Construction contract signed for second string of TurkStream’s offshore section

Одной из ключевых тем, затронутых в рамках переговоров стала реализация проекта газопровода «Турецкий поток». Ранее Парламент Турции ратифицировал соответствующее межправительственное соглашение, а Президент Турции Реджеп Эрдоган подписал закон о ратификации соглашения. В ходе беседы с Бинали Йылдырымом Владимир Путин выразил благодарность турецкому лидеру за подписание закона и подчеркнул важность реализации проекта для двух стран. Дмитрий Медведев отметил, что ратификация соглашения с российской стороны также произойдет в ближайшее время.

Gazprom has started to vary its marketing strategy by using a variety of methodologies, including selling gas via the traditional long term contracts, via auctions, via Gazprom Marketing & Trading and via Wingas (its 100% owned European utility). As a result it has gained flexibility (that was formerly in the hands of the European utilities) and can adapt much faster to market changes.

Министр энергетики Российской Федерации Александр Новак провел встречу с вице-президентом Еврокомиссии Марошем Шефчовичем. Стороны обсудили весь спектр вопросов двустороннего сотрудничества в энергетике. Ключевой темой переговоров стало обеспечение надёжного транзита российского газа европейским потребителям при прохождении осенне-зимнего периода 2016-2017 годов.

Decisive steps particularly need to be taken to fight corruption, which remains the most frequently mentioned obstacle to doing business in Ukraine.

Poverty rates are estimated to have increased, with access to services hampered in conflict-affected areas. The international partners are ready to support the efforts of the government of Ukraine on recovery of the infrastructure and peacebuilding, tailored to the specific needs of conflict-affected communities.

«Таким образом, общая доля ВИЭ в нашем энергобалансе составляет примерно 19-20 процентов. По этому параметру мы оказываемся среди мировых лидеров», - заметил Министр.

as you work to curb corruption, improve tax administration, strengthen intellectual property rights protection, modernize Ukraine’s Customs Service, and complete land reform legislation.

The $45bn complex pipeline project running from Azerbaijan to Italy and consisting of four mega projects – Shah Deniz 2, South Caucasus Pipeline expansion (SCPX), Trans-Anatolian Pipeline (Tanap), and the Trans-Adriatic Pipeline (TAP) – would be delivered and will come in under budget, eventually delivering 16-32bn m³/yr.

President Chakrabarti welcomed Bulgaria’s recent actions to strengthen the stability of its financial sector and promote the liberalisation of the energy market. He reconfirmed the EBRD’s commitment to support these reforms with investment and technical advice.

Executive Directors welcomed the steps the authorities have taken to adjust to the decline in oil prices and weaker growth in trading partners. However, they noted that the difficult external environment could hamper macroeconomic outcomes in the near term. While Azerbaijan’s policy buffers remain substantial, the balance of payments, fiscal position, and banking system would likely remain under pressure as the economy continues to adjust. Accordingly, Directors stressed the need to press ahead with reforms to secure macroeconomic and financial stability and promote a diversified and private sector-led economy.

Since the Republic of Belarus joined the World Bank in 1992, lending commitments to the country have totaled US$ 1.5 billion.