In January-June Ukraine exported $85.48 million worth of electricity, with $10.46 million in June. According to the State Fiscal Service, electricity exports to Hungary amounted to $63.39 million, Poland – $21.73 million, Moldova – $347 thousand, other countries – $7 thousand. In January-June Ukraine imported $1.12 million worth og electricity from Russia and $320 thousand…
Natural gas stocks at Ukraine’s underground storage facilities after the completion of the 2015/2016 heating season have increased by 16.7%, or 1.4 billion cubic meters (bcm). While on April 6, 8.43 billion cubic meters of gas were in the underground storage facilities, on July 9, gas stocks amounted to 9.84 bcm (down by 19.4% YoY).…
On July 1, the Cabinet of Ministers of Ukraine (the CMU) approved of a comprehensive plan for restructuring of national joint stock company “Naftogaz of Ukraine” in line with the new law “On the natural gas market” adopted by the Parliament on April 9, 2015. Naftogaz’s unbundling has been a key aspect of the Ukrainian…
Russia’s gas producer Gazprom offers a lower price for natural gas supplies to Ukraine than European countries, Chief Executive Officer of Ukraine’s state gas company Naftogaz Ukrainy Andrey Kobolev said. “The price Gazprom is offering ($167.57 per 1 thousand cubic meters) is slightly lower than that of European suppliers”, he said, adding that the gas…
National joint-stock company Naftogaz Ukrainy continues negotiations with Russia’s OJSC Gazprom on the possibility of buying gas in the third quarter of 2016, but the supplementary gas contract to the 2009 contracts that will allow Naftogaz Ukrainy to resume purchases of Russian gas, has not yet been signed, Naftogaz Board Chairman Andriy Kobolev said. He…
Ukraine’s program to stop importing gas envisages the increase in electricity generation, thanks to completion of two reactors of Khmelnitsky nuclear power plant (NPP) and construction of hydroelectric power plants (HPP), Ukrainian Energy and Coal Industry Minister Ihor Nasalyk said. “Agreements to complete two reactors of Khmelnitsky NPP have been reached. In addition, last week…
Tesla Zet company introduces the next generation LEDs with the luminous efficiency of 160 lm/W. It is the most energy-saving form of LEDs for both commercial and domestic use. The competitive advantage of these LEDs is the best in price/quality ratio in the world. LEDs reliability and energy efficiency from the Ukrainian manufacturer Tesla Zet…