Ukraine is negotiating with the International Monetary Fund (IMF) the formula of calculating gas prices for domestic consumers before the complete liberalization of the market, Ukraine’s Minister of Finance Oleksandr Danyliuk has said. “We need to find a formula that will determine the price of gas for the period until the full liberalization of the…
After the nuclear power plant goes online, Belarus will import electricity if doing so is economically expedient, Belarusian Energy Minister Vladimir Potupchik said during the Belarusian Energy and Ecology Forum on October 11. In basic mode the Belarusian nuclear power plant will generate about 18 billion kWh. It will produce over 40% of the total…
Tajikistan called upon the participants of CASA-1000 to speed up the project’s practical implementation. The United Arab Emirates hosted a meeting of the Intergovernmental Council of the CASA-1000 project with the participation of the energy ministers of Afghanistan, Kyrgyzstan, Pakistan and Tajikistan. The representatives of the World Bank, the European Bank for Development and Reconstruction,…
Ukraine’s thermal power plants (TPP) and combined heat and power plants (CHPP) in January-August received 2.187 million tons of imported coal. The Ministry of Energy and Coal Industry reported that in the eight months through August power plants received 1.774 million tons of coal from the Russian Federation (81.11% of total imported coal shipped), 294,100…
Ukraine reduced imports of natural gas from Slovakia in early October compared to the average daily volumes in the end of the previous month, according to Slovakia’s gas operator Eustream. In particular, as of October 1, the import of natural gas from Slovakia, which accounts for about 80% of Ukraine’s hydrocarbon imports from the EU,…
In January-September Ukraine stepped up gas production by 2.6%. At the same time, the consumption decreased by 0.5%. “The production of gas at Ukrainian gas companies increased by 2.6% and amounted to 15.5 billion cubic meters over nine months of the current year,” reads the statement of the press service of PJSC Ukrtransgaz. As noted,…
Turkmenistan, a hydrocarbon-rich Central Asian country, is still hopeful to see its gas reach the European markets, while Brussels counties talks in this regard. The EU is negotiating with Azerbaijan and Turkmenistan over a Trans Caspian Pipeline System, said Anca Paduraru, EU Spokesperson for Energy Union projects. “Negotiations are on-going,” Paduraru said, when answering on…