by the end of next year, said Sergiy Yevtushenko, UDP’s co-founder and managing partner, on Facebook yesterday. Yevtushenko wrote, Nebras, a state-owned company, will buy control of six solar stations, noting Monday’s deal comes after two years of negotiations. He added: “The next stage of the partnership will be the implementation of new wind power projects which will create new capacity in ‘green’ energy to provide for the needs of about 310,000 average households.”
according to a Memorandum of Understanding that was signed yesterday in Doha by Saad bin Sherid Al-Kaabi, Energy Minister and the CEO of Qatar Petroleum, and Yuriy Vitrenko the Acting Energy Minister. Vitrenko said: “Qatar is one of the largest gas producers in the world and has valuable experience and significant financial resources to invest in gas exploration and production in Ukraine.”
“Ukraine is very interested in supplying liquefied natural gas, as well as working with Qatari specialists in the development of our Black Sea shelf. We have signed a memorandum between our states, and I think we will achieve results in this direction.”
which are planned for construction by the end of 2022. At the end of the investment cycle, Nebras will become owner of a controlling stake in the plants.
It will be Zelenskiy’s second trip to the Gulf in two months, following a visit in February to Qatar’s eastern neighbor, the United Arab Emirates. Referring to a country with an economy the size of Ukraine’s but with only 2.8 million people, Presidential advisor Mykhailo Podolia told Ukrinform that Qatar “is one of the richest and most influential countries on the planet.”
– either pipeline gas through LNG terminals in Croatia and Greece, or through eventual delivery of LNG through Turkey’s planned Istanbul Canal. Today the talks will touch on gas supply, joint investments in gas exploration in Ukraine and investment in infrastructure concession projects, Presidential Economic Advisor Tymofiy Milovanov told Ukrinform.
wrote Alfa-Bank Ukraine. Steel export revenues were up 75% yoy and iron ore revenues were up 99% yoy. UkrMetalurgProm, the industry association, reported that in March the steel billet average export price was up 73% yoy and the rebar price was up 70%.
The seller, Metropoliya Group, is to continue technical support of the projects until they enter commercial operation next year, VR Capital said Thursday. In addition, VR’s Elementum Energy Ukraine is building a 100 MW wind farm in a different part of the Odesa region. Elementum owns 28 solar stations with a total capacity of 536 MW.
said Roman Opimakh, Director of the State Service of Geology and Subsoil, in a speech yesterday. Looking for no-bid and ‘sleeper’ permits, the agency plans to check this year approximately one third of the 2,955 permits. A sleeper license is typically a closed-door, deeply undervalued deal where an investor takes out a permit to prevent a competitor from developing a deposit. Last year, the agency checked 15% of the permits, suspending 162 and submitting 280 for cancellation. Of the nearly 3,000 permits, half are in the hands of state companies or are in Russia-controlled areas. The Economy Ministry has estimated that 48% of subsoil production – or $4.5 billion — is “gray” — lightly taxed or untaxed.
Energokon, according to analysts interviewed by Radio Free Europe in a 2,500-word investigative report. The 3-gigawatt plant also was designed to export hydrogen and to create a 5G mobile network. The project was never announced in Ukraine, appears to have no official Ukrainian support, and is largely notably for creating excitement among penny stock traders.