Page 18 - FSUOGM Week 48
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FSUOGM                                       NEWS IN BRIEF                                          FSUOGM


       participation of the Iraqi side, we will   be unfair and dishonest," said Sandu to Rbc.  sheets, hydrogen peroxide, reagents based on
       continue building constructive dialogue,”   ru.                          carboxymethylcellulose, sulphate acid and
       Shulginov said as quoted by the ministry.   "This whole discussion begins about   soda from carbon dioxide.
                                           who will pay this huge debt of Transnistria.   Work will begin on the second stage of a
                                           It is a big problem and it must be solved,”   plant for the production of polyvinyl chloride
                                           commented Sandu.                     (PVC), caustic soda and methanol and on
       EASTERN EUROPE                         The president-elect reiterated this to   forming an enterprise for the production of
                                           other foreign media. The last statement in   industrial oils for compressors.
       Russia to hike price of oil         this regard was for the Evropeiskaia Pravda   work on projects should be speeded up by
                                                                                  Uzbek President Shavkat Mirziyoyev said
                                           editorial office.
       for Belarus to 88-90% of            recognise the gas debt that Transnistria has,   bringing foreign partners on board.
                                              Earlier, Sandu said that she does not
                                                                                  Uzbekistan produces around 60bn cubic
       the global level in 2021 from       as she does not consider it as the debt of the   metres of natural gas annually, most of which
                                           Republic of Moldova.
                                                                                is consumed domestically.
       the current 85%                     including Transnistria, are controlled by   that it would stop natural gas exports by
                                              The gas companies in Moldova,
                                                                                  Earlier this year, the government said
       The price of Russian oil for Belarus will   Gazprom. Russia has agreed to supply gas   2025 and instead use the raw material in
       rise to 88-90% of the global level in 2021   to Transnistria as a support for the pro-  deep processing to expand the production of
       from the current 85%, deputy CEO of state   Russian separatist region. Part of the gas has   value-added products.
       petrochemical company Belneftekhim   been used to produce electricity, which was
       Svetlana Gurina said on November 26, as   sold to Moldova proper.
       cited by newswire BELta.                                                 Kazakh state-run oil and
         "The deputy chairwoman of
       Belneftekhim stated that Belarusian                                      gas producer KMG to
       refineries buy oil at a price which is 85%   CENTRAL ASIA & SOUTH
       of the global price, and it will amount to                               produce 21.7mn tonnes in
       88-90% of the global price in 2021," the   CAUCASUS
       newswire reported as cited by Prime.                                     2021
         Russia is undergoing oil taxation changes   Uzbekistan to channel $9bn
       that will result in moving the price for                                 Kazakh state-run oil and gas producer
       Belarus towards the global level. Minsk   into energy sector, seeks      KazMunayGas (KMG) plans to produce
       estimated losses at up to $11bn in six years,                            oil at 21.7mn tonnes in 2021, unchanged
       the reform period, and at $400mn in both   new investors                 from 2020, provided OPEC+ restrictions
       2019 and 2020.                                                           remain, the deputy chairman of the Board
                                           Uzbekistan plans to implement 52 projects   for Economy and Finance at KMG, Dauren
                                           worth $9bn as it moves into the deep   Karabayev, said during an online press
       Moldova’s president-elect           processing of natural gas and production of   conference.
                                           value-added products, the press service of the
                                                                                  The firm’s budget for 2021 is based on the
       Sandu says country will not         presidential office said on November 25.  price of $40 per barrel of Brent. He specified
                                                                                that this figure corresponds to the level of
                                              Fifteen projects are to be implemented
       pay Transnistria’s gas bill         in the field of inorganic chemistry, 23 in   2020.
                                                                                  Energy Minister Nurlan Nogayev has
                                           organic chemistry and 12 in the production
       Moldova’s president-elect Maia Sandu said   of polymers.                 previously said that a decision to extend or
       that Chisinau has no unpaid bill for the   One project aims to establish an   remove OPEC+ restrictions could be made
       natural gas supplied by Russia and it would   innovation center that will be engaged in the   in December 2020.
       be “unfair” to pay for the natural gas used   research and development of new types of   The minister has also said on November
       by the separatist region Transnistria.  polymers made with gas feedstock and the   23 that Kazakhstan is considering the
         Sandu estimates Transnistria’s unpaid   training of specialists.       possibility of supplying gas to the Kazakh
       bills at $7.5bn, or two-thirds of the   The projects would allow the production   capital Nur-Sultan via purchasing Turkmen
       country’s GDP.                      of $4.1bn worth goods, the replacement of   gas, the Kazakh Ministry of Energy said at an
         "On the right bank [of the Dniester   imported products worth $1.1bn, the export   internet conference on November 23.
       river], we have practically no debts to   of value-added goods worth $1.45bn and
       Gazprom, because we pay and we have paid   the creation of 6,500 new jobs, according to
       all these years. On the other hand, [those   officials.
       on] the left bank of the Dniester have not   Next year will see projects including the
       paid for gas and they have a very large debt.   introduction of the production of expanded
       Of course, we cannot pay this debt. It would   polypropylene, wood-polymer composite
















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