Tag: energy cooperation

  • Uzbekistan’s energy pathways: at a crossroads between East and West

    Uzbekistan’s energy pathways: at a crossroads between East and West

    uzbek rf

    The new Russia-Uzbekistan nuclear plant agreement on cooperation in the construction of generation nuclear power plant (NPP) VVER-1200 reactor of 3+ generation in Uzbekistan seems to pose far more opportunities than it might seem. With the Tashkent’s critical need of non-costly energy resources, the project aims not only to foster Uzbekistan’s self-sufficiency and persistence in the energy sector, but also to launch national production and export of its own energy resources. Despite the plant is claimed to be of the ex-soviet prototype, the new industry will be equipped with state-of-the-art technologies and facilities by State Atomic Energy Corporation ROSATOM, a global technological leader.

    However, while Russia is likely to become a major energy partner for Uzbekistan, Tashkent will also continue developing energy construction projects along with the US and China. Earlier this year Uzbekistan’s President Shavkat Miromonovich Mirziyoyev visited the White House where President J. Trump proposed a plan for strategic partnership with Uzbekistan in various spheres. But while Uzbekistan-US cooperation in social, economic and educational development does not require industrial waste management and recycling, the cooperation in the nuclear and energy sector with the use of nuclear elements of the US origin and a lack of US recycling technologies may pose an ecological threat for the country.

    China, for its part, willing to contribute to the modernization of the Uzbekistan’s energy sector bears more global motives rather than selling technologies to its geographical neighbors. Should Beijing become a nuclear partner of Tashkent it will obviously take over the control of the Uzbekistan’s energy infrastructure.

    Certainly, the agreement between Uzbekistan and Russia is not going to meet the country’s entire demand for energy resources. However, with the current US-China trade confrontation and blur industrial management prospects both from Beijing and Washington, collaboration with Moscow seems to be a win-win opportunity for Uzbekistan at the moment.

  • Turkey, UAE sign $12 billion energy agreement

    Turkey, UAE sign $12 billion energy agreement

    Turkey, UAE sign $12 billion energy agreement

    Article | January 3, 2013 – 2:21pm | By Elena Ralli

    Energy_0Turkey and the United Arab Emirates today signed an agreement for the development of coal fields in southern Turkey to generate electricity. The agreement between Abu Dhabi-based TAQA and Turkey’s state-run power company EUAS for the $12 billion project is the biggest Arab investment in the Turkish energy sector.

    As Turkish Energy Minister Taner Yildiz stated at the signing ceremony that took place in Ankara: “This is a very serious investment, a significant investment. This is the second-biggest investment made in Turkey after the two nuclear power plant projects.”

    In particular, according to the agreement, the coal reserves at Afsin-Elbistan basin in southern Turkey will be put to use for electricity production. The Afsin-Elbistan basin possesses 4.4 billion tonnes of coal reserves, which account for approximately 40 percent of Turkey’s lignite resources. The project will provide the region in Turkey’s south-east with 8,000 megawatts of power at full capacity. Initial operation is to start in 2018 and the full project be completed in 2021.

    Turkey will benefit a great deal from the development of lignite since it will have the opportunity to reduce natural gas imports that are worth $1.2 billion and account for a large part of the country’s current account deficit.

    In addition, with Iran being Turkey’s second-biggest natural gas supplier, the latter is also under pressure from the West to reduce gas imports due to Tehran’s controversial nuclear programme.

    via Turkey, UAE sign $12 billion energy agreement | New Europe.

  • Turkey, Venezuela set to cooperate in energy sector

    Turkey, Venezuela set to cooperate in energy sector

    Venezuelan President’s interest in Turkey is a stimulus for developing Venezuela-Turkey relations. Venezuela and Turkey are set to cooperate in the energy sector, and Turkish businessmen will support Venezuela’s development, TRT-Russian reported.

    Foreign Minister of Venezuela Nicolás Maduro Moros met with Minister of Energy and Natural Resources of Turkey Taner Yıldız in Ankara. Turkey and Venezuela signed a cooperation agreement in energy sector.

    In accordance with the agreement the two countries will cooperate in sectors of energy, agriculture, trade.