Archive

Monday, June 7

Editor’s Note – Update and fix: UIA has reversed plans and will not resume flights between Kyiv Boryspil and Warsaw Chopin on June 18, as the airline announced last week. UIA blames market conditions.Kharkiv has two tram renewal pro...

Monday, June 7

Restoration of Ukraine-Belarus air links depends “on the behavior of Belarus, how they will behave with those political prisoners, of whom there are already thousands today,” Oleksiy Danilov, Secretary of Ukraine’s National Security and Defense Council, said Friday. Air links w...

Monday, June 7

Belarus airlines – basically Belavia’s jets – are banned from landing in the EU or overflying EU airspace, under an EU decision that took effect Saturday. This coming weekend, more Belarus sanctions, possibly a ban on bond purchases, are to be discussed at a meeting in Cornwall, England of the G7 – US, UK,...

Monday, June 7

Registrations of used imported cars were up 45% for the first five months of this year , compared to January-May 2020, reports Ukravtoprom, the vehicle industry association. Used imports total 159,500 so far this year, four times more than new imports.

Monday, June 7

Maersk, the world’s largest container shipping line, plans to stop calls to Chornomorsk port after August 10 , the company says, citing “our network optimization exercise.” Three years ago, the Danish shipper stopped visiting Odesa. Now, Maersk will concentrate on Pivdenniy, Ukraine’s busiest port. Previousl...

Monday, June 7

Measured in tons, export cargo was down 18.6% to 43 million tons , for the first five months of this year, compared to the same period in 2020, reports Ukrainian Sea Ports Authority. Handling of ore dropped 14%, to 15.7 million tons. Handling of grain was down 33%,...

Monday, June 7

Exports are up by 25%, or almost $5 billion, for the first five months of this year , Prime Minister Shmygal writes on Facebook. Exports to China, Turkey, UK and US were up almost 50%, compared to January-May 2020. By contrast, exports of goods during the first quarter were up only 1...

Monday, June 7

Turkish President Recep Tayyip Erdoğan announced Friday the discovery of 135 bcm of natural gas at its Amasra-1 offshore well , increasing the known size of its Sakarya gas field by one third, to 540 bcm. Turkey consumes about 50 bcm a year. Ukraine consumes about 30 bcm. This summer, Ukraine’s Naftogaz plans to start seismi...

Monday, June 7

Smart Energy plans to invest $400 million in gas production over the next decade , Serhiy Hlazuno, group CEO told reporters Friday. During this time, the group plans to drill 30 wells. At present, it has 29 operating wells. Last year, Smart Energy increased its natural gas product...

Monday, June 7

Foreign gas traders are keeping 4.4 bcm in Ukraine’s underground gas storage facilities – double the amount of this time last year , reports Ukratransgaz. With Ukraine’s duty free warehouse regime gaining wider acceptance amongst EU companies, foreign-owned gas now accounts for 28% of the 15.5 bcm currently stored in Ukraine. Ove...

Monday, June 7

Ukraine should start working with Poland to integrate gas pipelines and free itself of its dependency on Russian gas, Bartosz Cichocki, Poland’s Ambassador to Ukraine tells Glavcom news site. Ukraine stopped buying gas from Gazprom in November 2015, and buys Russian gas through intermediaries. Noting that Poland will...

Monday, June 7

Germany will invest €8 billion in 62 major hydrogen projects , reports the Green Deal service of Interfax-Ukraine. “We want to become the world leader in hydrogen technology,” Peter Altmeier, Germany’s Minister of Economy and Energy, said Friday. German officia...

Monday, June 7

The pipeline is to be discussed at the June 16 Putin-Biden summit in Geneva. Two weeks ago, Biden waived sanctions against the company building the pipeline, saying the line is almost finished and relations with Germany take precedence. Former US President Donald Trump, in a s...

Monday, June 7

Construction of Nord Stream 2 will be complete by early August , Putin predicted in his plenary speech, reports Reuters. His Deputy Prime Minister, Alexander Novak said that less than 100 km of the 1,230 km Russia-Germany pipeline remains to be built. Putin said ...

Monday, June 7

EU imports of Russian gas will increase by 25% — 50 billion cubic meters a year — in late 2020s, Putin said, offering a forecast not shared by many analysts . Referring to Ukraine’s pipeline system, he said: “We now pay them $1.5 billion a year for gas transit. They might have been paid three, four, even five billion but they have wrecked everything with ...

Monday, June 7

Ukraine must show “goodwill” if Russia is to continue shipping its gas across Ukraine after the expiration of the Gazprom contract at the end of 2024, President Putin told the annual St Petersburg Forum investment conference on Friday. According to TASS, he said: “There is a possibility to use Ukraine’s gas transport system in the future, even after...

Tuesday, June 8

Editor’s Note: Articulate German officials may promise that they will not allow Russia to use Nord Stream 2 to leave Ukraine defenseless. But with elections in September, articulate German officials will come and go...

Tuesday, June 8

Investing in a timber industry for future generations, President Zelenskiy announced yesterday at a national ecology forum a goal to plant 1 billion trees over the three years remaining in his term . Recently, Ukrainians carried out a national campaign, planting 1 million trees in 24 hours. To plant 1 billion trees, it would be necessary to plant 1 million trees every day for three years. On a m...

Tuesday, June 8

In Odesa alone, the government is spending $92 million this year in a crash effort to restore irrigation . If the Rada passes the irrigation bill, Leshchenko tells the Kyiv Post he expects the EBRD and the World Bank to loan Ukraine $2 billion to rebuild its irrigation systems.

Tuesday, June 8

After last year’s drought caused up to $4 billion in crop losses to southern farmers, the Agriculture Ministry is launching a pilot project to restore irrigation systems in Odesa, Kherson, Mykolaiv and Zaporizhia regions. Minister Leshchenko writes on Facebook: “We will rebuild and exp...