Ukraine to boost gas production in 2017

The Ukrainian government published a concept for development of Ukraine’s gas production sector approved at the end of 2016. The document envisages the increase of gas production from 18.7 billion cubic meters in 2016 to 20.3 billion cubic meters in 2017 and 27.6 billion cubic meters in 2020. According to government resolution No. 1079 dated…

Ukraine: 2016/2017 pea exports up

Ukraine exported 283.8 KMT of peas in July-January of the current season, that is already 17% more than for the entire last season (242.5 KMT in MY 2015/2016). India and Pakistan remain the top destinations for Ukrainian peas and their purchases are on the rise. India imported 114.5 KMT of peas from Ukraine in the…

Ukraine: retail trade up in January 2017

In January retail trade turnover in Ukraine increased by 3% YoY, the Ukrainian State Statistics Service reports. “In January retail trade turnover increased by 3.1% YoY, but dropped by 16.4% MoM,” the report states. The highest increase in retail trade turnover was recorded in Sumy region (9.7%), Kirovohrad region (8.6%), Vinnytsia region (7.7%), the city…

Ukraine: car imports down in 2016

In 2016 Ukraine imported almost 122,954 motor vehicles, totaling more than $1.9 billion. This is reported by UkrAutoprom (Ukrainian Motor Vehicle Manufacturers Association) on its website. In contrast to the previous year, Ukraine’s car imports increased by one third in 2016, while foreign currency expenses for their purchase rose by 74%. Most imports consisted of…

Ukraine: Ukrnafta to use UAH 360 million to intensify production in 2017

PJSC Ukrnafta plans in 2017 to invest UAH 360 million in intensification of hydrocarbon production, the press service of the company has said. According to its data, this year Ukrnafta plans to purchase 248 sections of electric submersible pumps, as well as submersible motors, gas separators, hydraulic protection, extension cables, submersible cables, submersible telemetry systems,…

Ukraine: share of nuclear energy up

Ukraine has significantly increased the share of the nuclear energy in the overall energy balance of the country, president of Ukraine Petro Poroshenko stated at a meeting of the National Security and Defense Council (NSDC). “I am pleased to inform that we have increased the share of nuclear energy in the overall energy balance. From…