Gas reserves in Ukraine at a current rate of production, which is about 20.5 billion cubic meters per year, will be enough for 22 years, according to the Chairman of the NJSC Nadra Ukrayny Board Yaroslav Klymovych. “There are 402 hydrocarbon deposits in Ukraine, including 269 deposits being in commercial development. Ukraine’s state balance of…
Lviv plans a UAH440 million bond issue (to be issued in two tranches in 2018), Fitch Ratings said in a press release on January 15. “For 2018 Lviv’s direct debt may increase to UAH 440 million, or a still 4.7% below current revenue (from less than 0.1% in 2014-2017), if the city is successful in…
The Ukrainian delegation led by Chairman of the State Agency on Energy Efficiency and Energy Saving of Ukraine Serhiy Savchuk participated in the Legislators Forum in Abu Dhabi, UAE, on the eve of the opening of the eighth session of the IRENA Assembly. “More than 60 parliamentarians from 30 countries, including Ukraine, discussed effective legislative…
The National Bank of Ukraine (NBU) in 2017 bought nearly $2.3 billion on the interbank forex market, according to the NBU website. At the same time, the regulator purchased over $1 billion through interventions in the form of a request for the best forex rate, the report said. Over the period under review, the National…
Prime Minister Volodymyr Groysman has said that Ukraine’s external debt totals 83% of the country’s GDP. At the same time, he reminded that in 2014, when Arseniy Yatsenyuk became the prime minister, the state budget amounted to UAH 108,000, as the previous regime brought huge damage to the country. “Then there was the annexation of…
Ukrainian Infrastructure Minister Volodymyr Omelyan says Ukrainian state-run railways operator JSC Ukrzaliznytsia should focus only on the comprehensive development of transportation services. “Ukrzaliznytsia will never be able to make quality locomotives on its own. It will never make high-quality rail cars. When they talk about their passenger trains, I’m sorry, it’s past century technology: railway…
TIU (Canada) has built a solar power plant with an installed capacity of 10.5 MW in the town of Nikopol, Dnipropetrovsk region, the company’s press service said. “The total investment amounted to EUR 10.5 million,” it said. The National Commission for State Regulation of Energy, Housing and Utilities Services (NCER) has already established a feed-in…