Coal buyers have overpaid UAH 15 billion, or $536 million, for the illegal use of the so-called “Rotterdam Plus” formula. “The other day, we got an economic report by specialists who concluded that the use of ‘Rotterdam Plus’ tariff was indeed unreasonably applied, the established amount of illegally charged funds received as a result of…
About EUR 880 million of investments have been attracted in the development of new renewable energy capacities in Ukraine since 2015, Head of the State Agency on Energy Efficiency and Energy Saving of Ukraine Serhiy Savchuk stated in his speech at the conference “Eco-Innovation and Green Entrepreneurship: Made in Ukraine”. “In general, about EUR 880…
Ukrainian President Petro Poroshenko has thanked his Croatian counterpart Kolinda Grabar-Kitarovia for supporting Ukraine’s sovereignty and territorial integrity. The meeting between the two presidents was held at the 73rd session of the UN General Assembly in New York, the press service of the head of state reported. In addition, the parties discussed a wide range…
The EBRD-managed program supporting energy efficiency in Ukrainian homes has reached a milestone of investing over UAH 1 billion (equivalent of over EUR 30 million). More than 30,000 Ukrainian households took out loans from local commercial banks, which participated in the program to invest in green technologies for their homes; of those, over 20,000 projects…
Ukraine in January-July imported 5.3 billion cubic meters of natural gas worth $1.5 billion from European countries. Ukraine received 2.1 billion cubic meters of gas worth $590.7 million from traders registered in Switzerland, 1.8 billion cubic meters worth $513.6 million from Germany, 438 million cubic meters worth $130 million from Poland, 345.4 million cubic meters…
The price of natural gas for industry and households in Ukraine is likely to grow after negotiations with the International Monetary Fund (IMF), Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. “What will be the outcome of negotiations? The premier has already announced that we cannot conduct unconstructive talks with the IMF. There…
Ukrainian President Petro Poroshenko congratulated workers of the oil, gas and oil refining industry on their professional holiday on September 9. The letter of congratulations was posted on the website of the head of state. “I sincerely congratulate you on your professional holiday. Increasing our own extraction of hydrocarbons and production of high-quality fuel, efficient…