Energocom has extended the contract for June at a price of $59.90/MWh with the Kuchurgan power station, according to Deputy Prime Minister Andrei Spinu, Minister of Infrastructure and Regional Development. “In addition, Energocom will sign a 30% energy delivery contract with EnergoAtom (Ukrainian state-owned company). The weighted average price of electricity for June will be…
Western sanctions on Russia are inflicting increasing economic pain, Mateusz Morawiecki, the Polish prime minister, has said. Morawiecki made the claim upon the conclusion of an EU summit in Brussels on May 31 where EU leaders agreed on an oil embargo against Russia, hitting at the foundations of the country’s economy. “The sanctions are slowly…
In more than three months, the support of Ukraine’s allies amounted to $7 billion, Prime Minister Denys Shmyhal announced during a Government session on May 31. “Every day we work and negotiate to increase aid. For example, today we will approve the terms of attracting financial support from the Government of Canada in the amount…