Minister of Energy of Ukraine Herman Galushchenko and Minister of Climate and Environment of Poland Anna Moskwa signed a Memorandum of Intent on cooperation in the field of energy. The document was agreed to boost energy security in Central and Eastern Europe and to drop Russian energy supplies. The memorandum states the intention to restore…
Energocom has extended the contract for June at a price of $59.90/MWh with the Kuchurgan power station, according to Deputy Prime Minister Andrei Spinu, Minister of Infrastructure and Regional Development. “In addition, Energocom will sign a 30% energy delivery contract with EnergoAtom (Ukrainian state-owned company). The weighted average price of electricity for June will be…
Georgia has “great potential” for strengthening global energy security with the prospect of acting as a bridge between the energy markets of Europe and Central Asia, David Songhulashvili, the Chairman of the Parliamentary Committee on Sectoral Economics and Economic Policy, has said. During a committee meeting in the western city of Zugdidi, Songhulashvii highlighted the…
Egypt is Poland’s prospective supplier of liquefied natural gas (LNG), Andrzej Duda, the Polish president, said during his visit to Cairo on May 30. While in Egypt, Duda held talks with his Egyptian counterpart, Abdul Fattah al-Sisi. “We believe Egypt is a very prospective partner and we absolutely support negotiations that are going on between…
The turnover of liquefied petrol gas importer LLC Intergaz was EUR 19.857 million in 2021, up by 64.4% YoY. However, the company’s profit decreased by 34.8%, to EUR 198,068. The annual account from the company indicated that last year Intergaz continued working on improving competitiveness and developing employees’ skills in management, project management and various…
Hungary has taken advantage of Russia’s war against Ukraine, actually blackmailing the European Union, but Ukraine has something to respond with. The relevant statement was made by Advisor to Ukrainian Energy Minister Olena Zerkal during the Kyiv Security Forum. According to Zerkal, Hungary’s appetites for EU funds are growing every day. “They decided that their…
Ukraine has ambitious goals and a systematic plan on how to become a member of the European Union in the near future. This was stated by Prime Minister Denys Shmyhal during a Government sitting on May 24. “We are ready to quickly make the necessary changes, implement the necessary European regulations and integrate into European…