Connect with us

Business

Russian gas delivery to Europe via Ukraine drops 25 percent

Published

on

Russian gas supplies to Europe through the Ukrainian territory plummeted by nearly 25 percent in just one day, to a total of 72 million cubic meters on Wednesday, Russian energy giant Gazprom said.

Ukraine has left only one entry point for gas transit to Europe, which has significantly reduced the reliability of gas supplies, Gazprom spokesman Sergei Kupriyanov said.

The Gas Transmission System Operator of Ukraine (GTSOU) announced on Tuesday that it would close the Sokhranivka entry point on the eastern border on Wednesday due to “force majeure” — or unexpected circumstances such as war. Gazprom said it was notified of the Ukrainian decision on Tuesday.

The transmission volume via the Sokhranivka entry point is around 32.6 million cubic meters of gas a day, or a third of the Russian gas which is piped to Europe through Ukraine, GTSOU said.

Gazprom said it was still shipping gas to Europe via Ukraine, but volumes were seen at 72 million cubic meters on Wednesday, down from 95.8 million cubic meters on Tuesday.

Russia remains committed to contractual obligations, Kremlin spokesman Dmitry Peskov told reporters on Wednesday when asked about whether Russia will seek alternative gas transmission routes to Europe.

A German gas operator said volumes of gas entering the German pipeline system via Ukraine had dropped by nearly 25 percent compared with Tuesday as a result of the reduction in gas transit. But it said the decline had been offset by increased inflows of gas from Norway and The Netherlands.

Germany’s Federal Ministry for Economic Cooperation and Development said their natural gas supply security can still be guaranteed at present, and that they will pay close attention to the situation.

Business

Afghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million

Published

on

Thirteen trade and investment memorandums of understanding (MoUs) worth more than $100 million were signed between private sector representatives of Afghanistan and Uzbekistan during a conference held in Kabul on Saturday.

The conference, which brought together business leaders and officials from both countries, focused on expanding bilateral economic cooperation, increasing trade volume, and identifying new investment opportunities.

Speaking at the event, Nooruddin Azizi, Minister of Industry and Commerce of Afghanistan, said economic relations between Afghanistan and Uzbekistan have gained notable momentum in recent months. He stressed that Afghanistan is actively working to strengthen regional trade ties and create a more favorable environment for investors.

Azizi added that Afghanistan offers significant investment potential, particularly due to its available workforce and emerging opportunities across multiple sectors, and is ready to welcome joint ventures with foreign partners.

Officials from the Ministry of Industry and Commerce of Afghanistan said the government has facilitated around $2 billion in investment across various sectors over the past year, reflecting growing investor interest in the country’s economy.

The Uzbek delegation also reiterated its commitment to expanding economic relations with Afghanistan, describing the agreements as an important step toward deeper regional cooperation.

Amanbay Orynbayev, head of Uzbekistan’s Karakalpakstan delegation, said his country places strong emphasis on long-term, transparent, and reliable economic partnerships. He encouraged Afghan traders to take advantage of joint investment opportunities to access new regional markets.

The Afghan private sector welcomed the agreements, expressing hope that increased trade engagement and business exchanges will further strengthen economic ties between the two neighboring countries.

Officials noted that the total value of agreements signed between Afghanistan and Uzbekistan has now exceeded $1.5 billion. If implemented effectively, these commitments are expected to contribute to increased trade flows and broader economic growth in Afghanistan.

Continue Reading

Business

New Afghanistan-China transport corridor launched via Turkmenistan

Published

on

A new multimodal freight corridor linking China and Afghanistan via Turkmenistan has been officially launched, aiming to improve the speed and efficiency of overland cargo transportation across Central Asia.

According to the Turkmenistan Embassy in London, the country has become part of a newly established route designed to accelerate freight deliveries between China and Afghanistan.

The corridor, developed with the involvement of Uzbekistan Railways’ subsidiary Uztemiryulcontainer, covers approximately 7,400 kilometers and is expected to reduce transit time to around 30 days, improving overall logistics efficiency.

Under the new route, containers are transported by rail from China through the Altynkol station in Kazakhstan, continuing via Uzbekistan to a logistics hub in Bukhara. From there, cargo is transferred to road transport and moved across Turkmenistan before reaching Herat in Afghanistan.

Officials say the new system integrates rail and road networks into a unified logistics chain, making transport more predictable and efficient.

 

 

Continue Reading

Business

Uzbekistan launches new cargo corridor linking China and Afghanistan

From Uzbekistan, shipments will be transferred onto trucks and transported across Turkmenistan en route to Herat in western Afghanistan.

Published

on

Uzbekistan’s national railway operator has announced the launch of a new multimodal freight route designed to strengthen logistics links between China and Afghanistan via Central Asia.

According to Trend news agency the new corridor will see container used goods transported by rail from China through Kazakhstan’s Altynkol station into Uzbekistan. Cargo will then be handled at the Bukhara logistics centre, operated by Uztemiryulkonteyner, before continuing its journey by road.

From Uzbekistan, shipments will be transferred onto trucks and transported across Turkmenistan en route to Herat in western Afghanistan.

Previously, freight along this trade corridor was largely routed via sea from China to Iran’s Bandar Abbas port, before continuing overland into Afghanistan. The new overland alternative is expected to streamline logistics and improve reliability.

Covering approximately 7,400 kilometres, the route is projected to reduce transit times to around 30 days, offering a more efficient option for regional cargo movement between East Asia and South Asia.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!