About 20 billion cubic meters of gas have been annually produced in Ukraine, though only 12.5 billion cubic meters are of state production, Ukrainian Prime Minister Volodymyr Groysman said. “We extracted 60 and more billion cubic meters of gas back in 1970-1980s. Today, the state hardly produces 12.5 billion. And when I hear that Ukraine…
During the period of export duties on sunflower seed in Ukraine (1999-2016), sunflower oil production volumes increased 9 times (from 510 thousand tons, to 4.6 million tons per year). The exports of sunflower oil increased 20.9 times (from 206 thousand tons to 4.3 million tons), association Ukroliyaprom said as to the draft law No. 1837…
On July 12, the Ministry of Agrarian Policy and Food of Ukraine signed the Memorandum of understanding with market participants – exporters of grains for 2016/2017 MY, declared the press-service of the Ministry. In particular, the parties agreed to coordinate the volumes of grain exports from the country in the new season “to ensure food…
The National Bank of Ukraine welcomes Parliament’s adoption of Draft Law No. 4496 on Amendments and Supplements to Certain Legal Acts of Ukraine (on removal of administrative barriers to exports of services) in the first reading. A total of 246 MPs voted in favor of this bill. “The central bank is grateful to the MPs…
Slovakia’s Nafta with facilities able to store 2.74 billion cubic meters of natural gas and developing gas fields near the border with Ukraine has acquired 50% of the Uzhgorod gas field for 1.5 million euro from U.S. Cub Energy Inc. with assets in Ukraine. Cub Energy said in a report that Nafta International B.V. (the…
In the season-2016/2017 the production of sunflower oil in Ukraine will increase to 5.36 million tons, against 4.78 million tons in the previous year, due to significant increasing of sunflower seed production in the country. As a result, the key country-exporter of sunflower oil in the world will increase its shipments by 0.55 million tons…
The agreement on a free trade area between Ukraine and Canada since the moment of taking force after its ratification by parliaments of the two countries will reduce imports duties for 98% of Ukrainian imported goods and for 72% of Canadian exports to nil, Ukraine’s Economic Development and Trade Ministry reported. “Imports duties on agricultural…