Ukraine is ready to resume purchases of natural gas from Russia if it is cheap and if the signing of respective contracts is transparent, Ukrainian President Petro Poroshenko has said. “What has happened in the past two years? We are energy independent. They (Russia) are knocking: can you take our gas? No, everything is fine…
Coal stocks at Ukrainian thermal power plants (TPP) increased by 0.7% on December 20-27, to 1.773 million tons, according to the Ukrainian Energy and Coal Industry Ministry’s press service. At the same time, anthracite reserves grew by 6%, from 706,000 tons to 664,900 tons, it said. Meanwhile, gas grade coal stocks shrank by 2.6%, from…
Ukraine’s Cabinet of Ministers has approved of the additional capitalization of the state-run Oschadbank (Savings Bank of Ukraine) to the tune of UAH 5.750 billion. According to the cabinet decision, the bank will additionally issue 4,957 shares with the existing face value of UAH 1.16 million. As reported, the National Bank of Ukraine (NBU) on…
Ukrainian exports grew by 20% in 2017, Prime Minister Vladimir Groysman said. “In 2017, total exports grew by almost 20%, they were $35 billion in the nine months. This amount was paid to Ukraine for products created by Ukrainian hands,” he said while opening a Cabinet meeting. In his words, the European Union accounted for…
The volume of construction work in Ukraine in January-November increased by 122.5%, the Regional Development, Construction, Housing and Utilities Service Ministry reports. “In January-November enterprises of Ukraine carried out construction work worth UAH 84.4 billion (excluding the temporarily occupied territory of Crimea and Sevastopol and part of the anti-terrorist operation zone in the east of…
Gas under the contract formula with Gazprom updated by the Stockholm arbitration will be cheaper for NJSC Naftogaz Ukrainy than that bought in Europe, however, due to Gazprom’s position on gas supplies to uncontrolled territories in Donbas, there are doubts about the resumption by the Russian company of supplies to the Ukrainian company, Naftogaz Head…
Hungarian low-cost carrier Wizz Air intends to launch new London-Lviv flights from May 1, 2018, not September 1 as previously announced, according to the renewed airline reservation system. The company has confirmed this information. The flights will be performed three times a week. In London, the flights will be carried out from Luton airport located…