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Azerbaijan: AzerGold to direct over 10 million manats for exploration drilling

AzerGold company has attracted AZ Dag-Medenistismar as a drilling contractor, the government procurement website reports. The contract between the parties was signed for 10.307 million manats, according to the source. In 2018 exploration and drilling operations were carried out at depths of up to 17,000 meters, and metallurgical, laboratory, geotechnical and hydrological studies were carried…

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Russia: pipe exports down in H1 2019

In January-June Russia exported 1.7 million tons of pipes valued at $808 million, down by 26% and by 51% YoY respectively. According to the customs statistics, Kazakhstan remains the main importer of Russian pipes, accounting for 41.6%, up 2.6-fold. It is followed by the US (15.7%, up 1.7-fold) and Belarus (11%, down by 1.6%). The…

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