The attraction of a European company to the management of the Ukrainian gas transport system (GTS) would allow the country to retain the status of a large natural gas transit country, Naftogaz Ukrainy Board Chairman Andriy Kobolev has said. “We again, as a team of Naftogaz, call on all parties involved in the discussion of…
President of Ukraine Petro Poroshenko says he expects that the average inflation in 2017 will not fall below a 10% mark. “Inflation, the burden of high prices is what people care about the most. I hope that this year it will be measured by a simple number below ten. Our joint task until 2019 –…
Ukraine’s Cabinet of Ministers has approved a project on construction of the second stage of Dnistrovska hydroelectric pumped storage power plant, consisting of unit 4. As reported, the hydroelectric generation development program until 2026 approved by government resolution No. 552-r dated July 13, 2016 envisages the start of construction of unit 4 in 2017 and…
It is possible to reduce the cost of gas for the end-consumer by introducing a competition on the gas market and an energy efficiency reform, Deputy Prime Minister – Minister of Regional Development, Construction and Housing and Communal Services Hennadiy Zubko said during an Hour of questions to the government. “How can we reduce the…
The National Bank of Ukraine (NBU) has simplified the purchase of foreign currency for certain transactions, according to the central bank’s website. The NBU, in particular, allowed business entities to buy currency at the expense of loan funds in the hryvnia attracted under state guarantees for implementing programs related to improving the defense capacity and…
Since the beginning of 2016/2017 MY, Ukraine has exported 30.83 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared. In particular, wheat exports totaled 13,97 million tons, barley – more than 4.7 million tons, and corn – 11.91 million tons. Flour export reached 267.8 thousand tons, including 266.7 thousand tons…
SFGCU PJSC exported almost 1.5 million tons of grain and oilseed crops during 8 months of the current season, the press-service of the company informed on March 15. The export was carried out despite lack of grain hoppers at the level of 45% of need. Plan for March is fulfilled at 86%, more than 180…