Ukraine: Ukrtransgaz signs interconnection agreement with Transgaz S.A.

In order to facilitate cross-border gas flows and provide free and non-discriminatory access to the gas transmission infrastructure, the National Gas Transmission Company Transgaz, Romania, and Natural Gas Transmission System Operator of Ukraine Ukrtransgaz have signed the interconnection agreement for the interconnection point “Isaccea” located at the Ukrainian-Romanian border near Orlovka (on the territory of…

Ukraine: markets for grain in season 2016/2017

In 2016 Ukrainian farmers may gather one of the richest grain harvests. Amid low world prices and strong competition, the issue of new markets searching becomes highly important. Considerable increase in wheat imports is expected from several countries: Egypt, Korea, Turkey, Saudi Arabia and Morocco. Growing demand of Korea for wheat imports provides Ukrainian grain…

Ukraine: India enjoying rapeseed oil

Analysis of rapeseed and its processed products exports shows typical reduction of rapeseed supply to foreign markets in favor of its processed products export shipments – rapeseed meal and rapeseed oil. This is evidenced by rapeseed crushing increase in the country. For instance, in the 2015/2016 marketing year the share of crushed rapeseed in total…

Ukraine to produce 60.5 million tons of grains

In 2016/2017 MY the general grain production in Ukraine (excluding the Crimea) will total 60.55 million tons, the balance sheets of NGO “Economic discussion club”, supported by the Interdepartmental working group under the Ministry of Economic Development of Ukraine, informed. The export potential of Ukrainian grains in the new season is forecast at 38.177 million…

Ukraine: GE signs memos of cooperation with Antonov State Enterprise and Ukrzaliznytsia

The U.S. General Electric Corporation on July 21, signed letters of cooperation with Ukraine’s Antonov State Enterprise and public joint-stock company Ukrzaliznytsia. “We sign two strategic and political documents on cooperation with GE at the Infrastructure Ministry. This decision is not accident: we were mulling the positions of all players on the global market for…

Ukraine: sunflower oil exports to EU up

In the current season, the EU countries still keep the first position in the rating of importers of Ukrainian sunflower oil, overtaking countries of South Asia and the Middle East. In September-June period of 2015/2016 MY Ukraine supplied 1.23 million tons of the product to the EU, up almost 3 times compared with the same…

Ukraine: Energoatom denies Khmelnytsky NPP accident

MP Andriy Artemenko (Radical Party) said that on July 16, a serious accident with leakage of nuclear fuel was recorded at Khmelnytsky nuclear power plant (NPP), while the press service of the National Nuclear Generating Company Energoatom denied the information. “I learnt from reliable sources that the government was hiding the seriousness of the accident…