Energetics

FIDE chief Kirsan Ilyumzhinov and Ashmore Group set up a joint fund

Kirsan Ilyumzhinov The President of the World Chess Federation and ex-president of Russia’s Republic of Kalmykia, Kirsan Ilyumzhinov is reportedly going to set up a $10 billion investment fund with UK major Ashmore Group.

Ex-president of Russia’s Republic of Kalmykia Kirsan Ilymzhinov and Ashmore CEO Mark Coombs signed an agreement in London, reports Kommersant Daily. The joint fund would develop projects in Russia, CIS and East Asian countries such as Malaysia, Singapore and Japan, focusing on energy, telecommunications, metals and food industries.

The initial capital of the fund would be $1 billion, and then it would be increased up to $10 billion. The fund plans to attract foreign investment Read the rest of this entry »

The Meeting on the investment project of construction of wind turbines in the Republic of Kalmykia

Wind turbines Head of the Republic of Kalmykia Alexey Orlov held a meeting on the implementation of the investment project to build wind power plants in the Republic of Kalmykia.

The meeting was attended by representatives of JSC “Falcon Capital”, the Chairman of the Government of the Republic of Kalmykia Lyudmila Ivanova, Minister of Energy and Housing and communal services of the Republic of Kalmykia Nelly Tkacheva, Deputy Chairman Tariff Service Read the rest of this entry »

Russian oligarch buys Bulgarian oil company “Petrol Holding”

Kirsan Ilyumzhinov and Queen of chess Alexandra Kosteniuk in Kalmykia Russian oligarch buys Bulgarian oil company “Petrol Holding”. Former President of the Republic of Kalmykia and President of the World Chess Federation (FIDE), Kirsan Ilyumzhinov, became a majority owner of the largest Bulgarian fuel distributor “Petrol Holding”.

The Switzerland-based company “Credit Mediterranee”, owned Read the rest of this entry »

The President of the World Chess Federation and ex-president of Republic of Kalmykia Kirsan Ilyumzhinov has bought a 52.5% stake in Bulgaria’s largest fuel company Petrol Holding

Kirsan Ilyumzhinov The President of the World Chess Federation and ex-president of Russia’s Republic of Kalmykia, Kirsan Ilyumzhinov has bought a 52.5% stake in Bulgaria’s largest fuel company Petrol Holding.

Swiss-based Credit Mediterranee owned by Kirsan Ilyumzhinov bought the 47.5% stake owned by Denis Ershov and the 5% stake owned by Alexander Melnik, Vedomosti Daily reports. Ilyumzhinov plans to buy 100% of Petrol and is currently engaged in negotiations with another shareholder Mitko Sabev, who holds a 47.5% stake.

The cost of the deal has Read the rest of this entry »

Kalmykia Reps Meet CPC-R General Director

On April 4 Alexei Mayorov, a Federation Council Member for Kalmykia, and Sergey Bazyrov, Head of Iki-Burulskiy District Administration in Kalmykia, met with Nikolai Platonov, General Director, Caspian Pipeline Consortium-R”. The meeting discussed various aspects of cooperation between Kalmykia and CPC in as part of CPC’s Expansion project to increase its pipeline capacity to 67 MTA. Read the rest of this entry »

Alexei Orlov signed an agreement on cooperation in the exploration of oil and gas potential of Kalmykia with oilfield services company Schlumberger

Head of Kalmykia Alexey Orlov Oil News Kalmykia. Today a meeting of the Head of the Republic of Kalmykia with Alexey Orlov vice-president of oilfield services company “Schlumberger” Denis Petrakov, reports KalmykiaNews source in the Government of the Republic of Kalmykia. Read the rest of this entry »

In Kalmykia conduct pre-commissioning work on the two constructed wind turbines

Wind turbines As part of the investment project of “Falcon Capital” for the construction vetroenergoparka in Kalmykia Elista arrived in the company’s specialists “F&H Elektrotechnik GmbH” (Hannover, Germany), the press service of the company “KalmEnergokom”.

German specialists Ralph Hoppmann and Rainer Brust will hold a start-up operations at the two built windmills (wind turbines) in the village of Sandy Priyutnensky region of Kalmykia.

Will be made a full cycle – checking and adjustment of the engine and blades, oil changes and Some parts, tuning, and computer cooling systems, the test performance of two wind turbines wind turbines at full power. Final commissioning of wind turbines will result in complete readiness for the generation of “green” electricity. Read the rest of this entry »

Representatives of “The Dominant-Energy” met with the head of Kalmykia, Alexei Orlov

Head of Kalmykia Alexey Orlov September 27 President of Kalmykia, Alexey Orlov, held a meeting with the Minister of Housing and Energy of the Republic of Kalmykia Nelly Tkacheva and representatives of “The Dominant-Energy”: Director General Vadim Peregudov, assistant vice-president Paul Frolov, and Director of the company in the Southern Federal District Nugzar Mdinaradze. Read the rest of this entry »

A workshop to launch the first two wind farms in the village of Sandy Republic of Kalmykia

Wind energy First Deputy Prime Minister of Republic of Kalmykia, Vyacheslav Ilyumzhinov held a workshop to launch the first two wind farms in the village of Sandy Republic of Kalmykia.

The meeting discussed technical issues and issues of interaction between partners, creating a working committee to run these facilities, the regional program of energy development.

In the discussions were: the authorized representative of the Russian Federation and the Republic of Kalmykia JSC “Falcon Capital,” Chairman Read the rest of this entry »

CPC Management meeting Head of Kalmykia Alexei Orlov

There has been a working meeting held today between Nikolai Platonov, General Director, Caspian Pipeline Consortium, and Alexei Orlov, the Leader of the Republic of Kalmykia. The participants discussed cooperation between Kalmykia and CPC in the course of the CPC Pipeline Expansion Project. Read the rest of this entry »

Great investment project “Wind power stations”

Wind turbines On the territory of the Republic of Kalmykia, in accordance with the investment project, signed between the Government of the Republic of Kalmykia and joint stock company “Falcon Capital” continues the construction of wind farms. The purpose of this project is to construct a Czech company JSC “Falcon Capital” of wind power station with capacity of 150 MW.

Quantity of wind turbines which will be installed at wind power stations will be 126 units. At the same time it is possible to change the quantity by using more powerful wind stations from the world’s leading energy producers, such as, Vensys AG and Vestas. Wind farms Read the rest of this entry »

Working Meeting Held between Kalmykia’s Head and CPC-R General Director Alexander Tarakanov

A working meeting was held between Kirsan Ilyumzhinov, Republic of Kalmykia’s Head, and CPC-R General Director Alexander Tarakanov today in Moscow in the Permanent Mission of the Republic of Kalmykia to the Russia President. Vladimir Babichev,a Member of the Russia Council of Federation, also participated in the meeting.
Read the rest of this entry »

Working Meeting between CPC Management and the Republic of Kalmykia Government

A working meeting was held today in Moscow between Caspian Pipeline Consortium Management and the delegation of the Republic of Kalmykia Government headed by its Chairman – Oleg Kichikov. Matters pertaining to the cooperation between the Republic and the Company in anticipation of the implementation of the Project to expand CPC pipeline system capacities. Read the rest of this entry »

Lundin Petroleum spuds Petrovskaya-1 exploration well on the Lagansky block

Lundin Petroleum Lundin Petroleum AB has started drilling the Petrovskaya-1 exploration well in the Lagansky block, situated in the Russian sector of the northern Caspian. Lundin Petroleum has a 70 percent net interest in the Lagansky block.

The Petrovskaya structure is a four-way dip closure located on trend with, adjacent to and up-dip of the Morskaya field. The Petrovskaya well has a planned depth of 2,100m targeting the sandstones of the Lower Cretaceous. Gross unrisked Read the rest of this entry »

Lundin Petroleum starts drilling Lagansky exploration well in Caspian Sea

Lundin Petroleum has started drilling the Laganskaya-1 exploration well in the Lagansky block, situated in the northern Caspian Sea in Russia. Lundin Petroleum has currently a 70% net interest in the Lagansky block.

The well, with a planned depth of 2,000 meters, is targeting Cretaceous and Jurassic Sandstone Reservoirs. The Laganskaya structure is situated towards the southwest of the recent Morskaya discovery but on a different structural trend associated with existing onshore fields. Read the rest of this entry »