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CIS Countries Register Industrial Growth-Executive Committee

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  • CIS Countries Register Industrial Growth-Executive Committee

    CIS COUNTRIES REGISTER INDUSTRIAL GROWTH-EXECUTIVE COMMITTEE

    ITAR-TASS News Agency
    TASS
    October 4, 2005 Tuesday

    All the CIS countries have registered a rise in industrial production
    over the first six months of the current year. The only exception
    is Kyrgyzstan where the industrial slump amounted to 9.8 percent in
    January-June, says a report by the Commonwealth Executive Committee,
    circulated before a meeting of the CIS Economic Council, scheduled
    for October 12.

    Azerbaijan gained the highest industrial growth in the first six
    months - 20.1 percent. It is trailed by Georgia - 12.8 percent,
    Belarus - 10.5, Tajikistan - 8.9, Uzbekistan - 7.5, Kazakhstan - 7,
    Ukraine and Armenia - 5 and 5.3, respectively. Russia and Moldova had
    the lowest rates of industrial grown - 4 and 4.6 percent, respectively.

    Oil production increased in all the CIS petroleum-producing
    countries, apart from Ukraine where it slid by 0.9 percent down
    to two million tonnes. Azerbaijan boosted petroleum recovery by 25
    percent up to 9.6 million tonnes as against the corresponding period
    in 2004. Kazakhstan's growth in oil production edged up on 11 percent
    up to 31.1 million tonnes, in Russia - three percent up to 230 million
    tonnes and Turkmenistan - one percent up to 4.8 million tonnes.

    Kazakhstan boosted its gas recovery by 29 percent over the six months
    of this year as against the corresponding period in 2004, Turkmenistan
    - 3.4 percent and Azerbaijan - 2.0 percent. The growth amounted to
    0.7 and 0.9 percent in Ukraine and Russia, respectively.

    The Russian Federation mined more coal by 3.0 percent, Ukraine -
    by 1.0 percent and Kazakhstan registered a nosedive of three percent.

    Moldova increased power generation by 13 percent over the above period,
    Georgia - 6.0 percent, Ukraine - 5.0 percent, Azerbaijan and Armenia
    - 4.0 percent each, Kazakhstan, Russia and Tajikistan - two percent
    each. Belarus generated seven percent less power, and Kyrgyzstan -
    0.3 percent.
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