Ukraine not participating in PrivatBank’s arbitration against Russia in The Hague

Information that Ukraine is allegedly actively engaged in international court proceedings initiated by PrivatBank against the Russian Federation regarding the compensation of damage from the loss of the banking business and assets due to illegal Crimea annexation is false, the Finance Ministry of Ukraine has reported. “The Ukrainian State does not participate in the claims…

Ukraine: gas import price up in February 2017

Ukrainian enterprises in February imported gas at an average price of UAH 6,681.88, or $246.88 per 1,000 cubic meters, the Ukrainian Ministry of Economic Development and Trade reported on its website. In January the price of imported gas was $229.51 (UAH 6,032.85). The price of imported gas in January 2016 was $231.41 (UAH 5,542.82), $200.39…

Ukraine: sunoil facing heavy competition

The bumper sunseed crop Ukrainian growers managed to harvest in 2016 – 14 MMT (estimate) – predictably matters in the 2016/2017 season. Justifying expectations of analysts and market participants, both sunseed crushing and sunoil exports show a record pace. So, sunoil production by large and medium-sized crushers in the five months of 2016/2017 is estimated…

Ukraine: 31,000 hectares of spring grains sown

Farmers of seven southern Ukrainian regions have started spring grain sowing, seeding 31,000 hectares, the agriculture ministry said on March 13. Farmers have sown 18,000 hectares of spring barley, 11,000 hectares of peas and 2,000 hectares of oats, the ministry said in a statement. Farmers plan to sow a total of 7.2 million hectares of…