Ukraine: Iranian agricultural specialists to visit Nibulon to share experience

Iranian agricultural specialists are expected to visit a plant, which is part of the Ukrainian agricultural holding company Nibulon, to share experience with Ukrainian colleagues, the press service of Nibulon LLC reports. “Iranian specialists intend to visit the company’s enterprises to get acquainted with the entire agricultural production process, from growing to shipping grain to…

Ukraine: gas output up in January-February 2017

Natural gas production in Ukraine in January and February tentatively grew by 0.5% YoY or by 17.8 million cubic meters, to 3.358 billion cubic meters, Ukrtransgaz has reported. Ukrgazvydobuvannia produced 2.408 billion cubic meters of gas in January-February (down by 1.1% YoY), Ukrnafta – 205.5 million cubic meters (down by 6.4%) and other companies –…

Ukraine: mustard output up in 2016

Mustard production in the fat-and-oil sector hit a three-year high of 1.046 KMT in December 2016. It exceeded 1 KMT for the first time. 2016 appeared a make-or-break year for the Ukrainian mustard market: its two-year shrinkage was reversed. Overall mustard production reached 7.696 KMT in 2016, or up by 11% YoY (6.939 KMT) and…

Ukraine: real wages up in January 2017

Real wages in Ukraine in January compared to January 2016 increased by 21.4% and compared to December 2016 they fell by 8.3%, the State Statistics Service has said. The largest growth of average wages in January compared with January 2016 was observed in Ternopil (by 54.3%), Zakarpattia (51.8%), Chernivtsi (50.3%), Volyn and Kherson (49.8% each),…

Ukraine: soybean crushers losing to exporters

The current season of 2016/2017 features a bumper soybean harvest in Ukraine, which is estimated by analysts at 4 MMT. At the same time, the crusher interest in soybeans is declining. The main reason is decreased domestic demand for soybean products, primarily soybean meal as a basis for poultry feed. Statistics show a downward trend…

Ukraine: energy system operating stably

First Deputy Energy and Coal Industry Minister of Ukraine Halyna Karp says that in spite of the blocking of coal supplies in Donbass, the united energy system of Ukraine operates stably. “At present the united energy system of Ukraine operates in a state of emergency, which has been introduced in connection with the blockade in…

Ukraine: oil output down in January 2017

Oil production in Ukraine decreased by 4.4% YoY in January, to 129,400 tons. The Ministry of Energy and Coal Industry reported that gas condensate production for the period increased by 7.6%, to 58,100 tons. Naftogaz Ukrainy enterprises in January cut oil production by 4.6%, to 127,000 tons, gas condensate output – by 3.5%, to 38,800…