After the de-occupation of the territory where the Kakhovka hydroelectric power plant (HPP) is located, the facility can be rebuilt in 6-7 years. This was announced by Ihor Syrota, CEO of Ukrhydroenergo. “According to preliminary estimates, the plant can be rebuilt in 6-7 years, but before that, as I have already mentioned, the territory must…
Government borrowings to the state budget’s general fund amounted to UAH 612 billion in January-May. This is said in a report published on the Finance Ministry’s website. From the placement of government bonds, UAH 189.5 billion was raised, including UAH 56.7 billion in foreign currency (USD 749.5 million and EUR 665.7 million), to finance the…
The implementation of the Vertical Gas Corridor has commenced, aimed at ensuring diversification and energy security for natural gas supplies. Bulgartransgaz, the state gas transmission operator, signed two critical public contracts with consortia comprising Bulgarian and American companies. This project is a collaboration between Bulgaria, Greece, Romania, Hungary, Slovakia, Ukraine and Moldova, and is anticipated…
Mediaskopas, a media monitoring company, presented on June 6 a study analysing Russian propaganda reports on Lithuania’s energy independence efforts. Mediaskopas said it selected and analysed 3,760 reports from Russian news websites between January 2021 and April 2024 that mentioned Lithuania and the other two Baltic countries in the context of energy issues. “The study…
The Cabinet of Ministers of Ukraine has decided to provide grant support to small agricultural producers. The relevant order No. 495-r “On the Allocation of Funds from the International Bank for Reconstruction and Development and the International Development Association to the Ministry of Agrarian Policy and Food” was adopted at a regular meeting. The document…
Mykolaiv farmers export 70% of niche crops produced by them, such as flax, coriander, mustard and millet, towards EU and neighboring countries. The relevant statement was made by Director of Southern Agrarian-Export Company (PAEK), Regional Council Member Yurii Kormyshkin. “We are growing niche crops, such as flax, coriander, mustard and millet. 11% of the land…
There is a shortage of money for Rail Baltica. However, excluding Riga from it would mean giving money to Estonia, said Mayor of Riga Vilnis Kirsis in an interview to Latvijas Radio. During this interview, he agreed the municipality was concerned that if no money were found, Riga might end up with numerous unfinished construction…