A new gas well was christened in Western Ukraine. The mining company Expert Petroleum launched a new gas well in the Lviv region with a production volume is 115,000 cubic meters of gas per day. According to state gas producer Ukrgazvydobuvannya, the ... #GasProductioninUkraine #GasWell
The IAEA mission has left Kyiv for the Zaporizhzhia NPP. The IAEA mission left Kyiv for the Zaporizhzhia NPP to inspect the situation and establish a permanent presence, said IAEA Director General Mariano Grossi. According to Grossi, the organization also ... #IAEA #zaporizhzhiaNPP
The Gas Transmission System of Ukraine will operate in reverse mode if gas transit from Russia stops. As Serhiy Makogon, the head of the Ukraine GTS Operator, noted, the Ukrainian GTS has already worked in the reverse direction in 2006, 2009, and 2019, when Gazprom stopped transit. According to Makogo... #GasTransit #SerhiyMakogon #UkraineGTS
Ukraine will supply 30% of Moldova’s electricity needs. The Moldovan energy company Energocom signed contracts to purchase Ukrainian electricity in September, amounting to a third of the country’s consumption. As the Minister of Infrastructure of Moldova, ... #AndriiSpinu #electricityExport #EnergoCom
Holtec plans component production for a small modular reactor in Ukraine. The American company Holtec International is considering the option of building a Ukrainian plant that will manufacture parts for the SMR-160 small modular reactor. The CEO of the company, Chris Singh... #ChrisSingh #Holtec #HoltecplantinUkraine
Fitch has raised the rating of state electricity transmission company Ukrenergo. The international rating agency Fitch Ratings raised the priority unsecured rating of Ukrenergo’s state-guaranteed bonds totaling $825M from C to CC after the company restructured. According to the an... #FitchRatings #Ukrenergo
Naftogaz talks about the risks of the upcoming heating season. This year’s heating season in Ukraine will start later than traditionally and end earlier. As the CEO of Naftogaz, Yuriy Vitrenko, predicted in an interview with The Guardian, the air temperatur... #HeatingSeason #Naftogaz #YuriyVitrenko
Gas consumption in Ukraine will decrease by about 40%. The Ministry of Energy predicts that this heating season gas consumption will be 35-40% less than last year and will amount to 11.7 billion cubic meters. According to Ukrainian Parliament member Yaros... #gasconsumption #HeatingSeason
Ukraine offers its gas storage facilities to Europe. The President of Ukraine, Volodymyr Zelenskyy, called on Europe to use Ukrainian gas storage facilities. According to the president, with Ukraine’s help, Europe will no longer have gas crises because ... #gascrises #gasstoragefacilities #UkrainianGas
The Ukrainian Parliament supports the return of excise taxes on fuel. The Committee of Finance, Tax, and Customs Policy has approved a revised draft law on the return of excise taxes on fuel. The draft law has a number of differences from the government’s proposal... #exciseonfuel #excisetaxes
Germany is preparing to nationalize Gazprom’s subsidiary. The German government has created a holding company for nationalizing the German branch of Russia’s Gazprom, writes Welt am Sonntag. Germany wants to carry out the nationalization as soon as pos... #Gazprom'ssubsidiary #GazpromGermania
Ukraine has identified the gas production facilities in the Black Sea captured by Russia. The Cabinet of Ministers announced the list of 16 Chornomornaftogaz oil and gas production facilities seized by the Russian Federation. The following captured deposits are: Odesske, Bezymenne, North-K... #gasdeposits #UkraineGasProduction
The price of electricity exports to the EU has increased by another 30%. The weighted average price of access to interstate power transmission lines in the direction of the EU during August 22-28 increased by 30% compared to the previous week. The current price is UAH 16,2... #ElectricityExports #Electricityprices
Poland and Slovakia have completed a gas pipeline important for Ukraine. Poland and Slovakia completed construction of an interconnector connecting their gas networks, reported PAP. The new gas interconnector not only increases Poland and Slovakia’s independence from Russi... #Poland’sgasexport #PolandSlovakiagaspipeline #SerhiiMakogon
The Zaporizhzhia NPP was disconnected from the power grid for the first time in its history, however the connection was later restored. The Russian invader’s actions caused a complete disconnection of the Zaporizhzhya NPP from the power grid. Start-up operations are now underway to connect one of the power units to the grid, Energoato... #zaporizhzhiaNPP
EU sanctions have stopped the export of Russian coal. The export of Russian coal by sea stopped due to the European Union’s ban on the purchase and transportation of Russian coal anywhere in the world, writes Bloomberg. Russia’s largest coal mining... #EUsanctions #Russiancoal
The US is developing a plan to reduce Russia’s income from oil exports. According to Bloomberg, the United States is developing a plan to limit the Kremlin’s oil export income by setting maximum prices for Russian resources. US officials are concerned that EU sancti... #Oilexport #RussianOil
Since the beginning of the year, Ukraine has reduced coal imports by almost 300%. In January-July 2022, Ukraine reduced the import of hard coal and anthracite by 2.7 times (by 7.37 million tons) compared to the same period in 2021, to 4.31 million tons. According to the State Custo... #CoalImport #StateCustomsService
Canada will deliver five more Nord Stream turbines to Germany. Canada has decided to transfer five more Siemens turbines, currently under sanction, to Germany for the Nord Stream gas pipeline so that the President of the Russian Federation does not have an excuse... #CanadaGermany #EnergyCrisis #NordStream
Norway has become the leading gas supplier to Europe. According to Business Insider, Norway has overtaken Russia in the volume of natural gas supplies to EU countries against the backdrop of the aggressor’s reduction in its supplies. The country pl... #EnergyCrisis #NorwayGas
The US set a 30-year record for oil exports. The US reached the highest levels of crude oil and petroleum products exports in three decades, writes Bloomberg. In particular, last week, 11 million barrels of crude oil and oil products including d... #USoilexports #USoilproduction
Electricity prices on European exchanges will increase by 25%. From September 20, the marginal price of electricity on European exchanges will increase by 25%, from €4,000 to €5,000 for 1 MWh. The joint committee made this exchange management decision. However, t... #Electricityprices
After Gazprom’s statement, the price of gas soared to $3,000. Russia’s Gazprom announced that it was suspending the operation of Nord Stream 1 for three days, from August 31 to September 2, allegedly due to repairs. As a result, Monday’s gas price on the ... #gasprices #Gazprom
Electricity prices in the EU have collapsed the euro. The euro fell to parity with the US dollar for the second time since 2002, as a sharp rise in energy prices fueled fears that the region’s major economies are headed for recession, FT reported. ... #Energyprices #eurocollapsed
The situation at the Zaporizhzhia NPP could trigger a response from NATO. UK and US legislators have stated that radiation contamination of NATO countries’ territory resulting from an accident at the Zaporizhzhia NPP should be interpreted as an attack by the Russian Federat... #nuclearaccident #NuclearThreat #zaporizhzhiaNPP
Russia is preparing to shut down the Zaporizhzhia Nuclear Plant. Representatives of the occupying leadership of the Zaporizhia NPP extended the “short-term weekend” of Ukrainian personnel, the Ministry of Defense of Ukraine reported. The duration of the... #Rosatom #zaporizhzhiaNPP
Ukrainian electricity prices for the EU increased by 150% in a week. The weighted average cost of access to interstate power transmission lines in the direction of the EU during August 15-21 increased by more than 1.5 times compared to the previous week, reported Ukren... #electricityExport #Electricityprices #Ukrenergo
EU gas prices are roughly seven times higher than gas prices in the US. As US natural gas prices spike to a 14-year high, Europe’s natural gas crisis is driven by its reliance on energy from Russia, which has slashed natural gas flows to Europe in response to West... #GasCrisisinEU #gasprices
Expensive electricity causes the factory closures in Europe. The increase in the price of electricity in the EU is forcing owners of the most energy-intensive industries to close their facilities. Nyrstar has announced that it will shut down its Budel zinc plan... #Electricityprices #EnergyCrisis #factoryclosures
Ukraine might not be able to store 19 billion cubic meters of gas in reserves before winter. Ukraine’s Naftogaz is unlikely to be able to fulfill the task given by the Cabinet of Ministers to accumulate 19 billion cubic meters of gas in underground storage by winter, said CEO of Naftogaz Yuri... #Naftogaz #YuriyVitrenko
Ukraine has lost many oil and processing assets due to the war. Since the full-scale Russian invasion of Ukraine, many oil and processing assets, underground gas storage facilities, and mining facilities have been lost. For example, according to CEO of Naftogaz Yu... #Naftogaz #oilassets #YuryVitrenko
State nuclear enterprise Energoatom will build a new power unit at the Rivne Nuclear Power plant. The new unit, with a capacity of 1,100 MW, will be made using American Westinghouse AR1000 technology, reported gov.ua. It is planned to be put into operation in 2032 on the site chosen for construct... #Energoatom #RivneNPP
After a statement from Gazprom, gas in Europe is valued at $2,500. Quotations of gas futures on the stock exchange jumped after Russia’s Gazprom announced that it forecasts gas prices at $4,000 per thousand cubic meters in the winter. Quotation of August future... #GasPricesinEU #Gazprom
Electricity prices in the EU set new highs. Electricity prices in Europe jumped to a new record due to the increase in the price of natural gas. This deepens the energy crisis, which threatens to plunge the eurozone into recession, writes Bloom... #Electricityprices #EUenergyCrisis
The EU and 42 countries demand Russia demilitarize the Zaporizhzhia NPP. The EU and 42 countries called on Russia to immediately withdraw its troops from the Zaporizhia NPP, and the entire territory of Ukraine announced the EU commission. According to the statement, the EU... #IAEA #RafaelMarianoGrossi #zaporizhzhiaNPP
The first biomethane production plant will be launched in Ukraine by the end of the year. Chernihivgaz JSC, which belongs to the agricultural holding Gals Agro, issued technical requirements for integrating the first biomethane plant in Ukraine. Its connection to the gas distribution netw... #BiomethanePlant #biomethaneproduction #Chernihivgaz
Ukrhydroenergo will produce hydrogen at the beginning of next year. Ukrhydroenergo expects to sign a contract with the German companies Andritz Hydro and MAN Energy Solutions in September of this year to supply hydrogen, utilizing a 1 MW electrolyzer. This was reporte... #HydrogenProductionUkraine #Ukrhydroenergo
Germany plans to resume work on the MidCat gas pipeline from Spain to Central Europe. German Chancellor Olaf Scholz wants to resume construction of the MidCat gas pipeline project, connecting the Iberian Peninsula with central Europe, writes Bild. The project was abandoned three years ... #Gaspipeline #MidCat #OlafScholz
Russia has seized 35% of Ukrainian electricity generation. According to Forbes, 35% of Ukrainian electricity generation is located in the occupied territories of Ukraine. Ukraine lost 30% of its solar, more than 90% of wind generation, and more than 50% of th... #ElectricityGeneration #Ukrainianelectricity
The IAEA claims that there is no nuclear threat at the Zaporizhzhia NPP. The International Atomic Energy Agency (IAEA) has declared that there is no immediate nuclear threat at the Zaporizhzhia nuclear power plant after the Russian military shelled the site. According to t... #IAEA #zaporizhzhiaNPP
The occupiers want to switch the Zaporizhzhia NPP to Crimea. The Russian Rosatom personnel transferred to the station a program designed to connect the nuclear plant’s output to Crimea. The prerequisite is severe damage to the communication lines of the ZNPP wi... #PetroKotin #zaporizhzhiaNPP
Ukraine and Poland are upgrading the interstate transmission line. Ukrenergo and the Polish transmission system operator PSE S.A. began improving the cross-border interstate power transmission line between Ukraine and Poland. It will increase the network’s capacity b... #electricityExport #interstatetransmissionline #UkrenergoandPSES.A.
Ukraine has called on the UN and the IAEA to send a security mission to the Zaporizhzhia NPP. The Ukrainian Parliament Commissioner for Human Rights, Dmytro Lubinets, called on the UN and the International Atomic Energy Agency (IAEA) to send a security mission to the occupied Zaporizhzhya NPP... #DmytroLubinets #IAEAsecuritymission #zaporizhzhiaNPP
Germany has confirmed that the possibility of launching Nord Stream-2 has been ruled out. German Chancellor Olaf Scholz and the German government are not even considering the possibility of putting the Nord Stream 2 pipeline into operation. This was stated by the German federal government ... #NordStream_2willnotlaunch #nordstream2
The Russian Federation is shelling the Zaporizhzhia NPP to cut off electricity in south Ukraine. Artillery shelling of the Zaporizhzhya NPP is intended to destroy the plant’s infrastructure, damage all power lines through which electricity is supplied to Ukraine’s power system, and cu... #Energoatom #zaporizhzhiaNPP
The UN calls for increase taxation of oil and gas companies due to excess profits. UN Secretary-General Antonio Guterres has criticized oil and gas companies for profiting from an energy crisis caused partly by the war in Ukraine. The statement was made against the background of th... #AntonioGuterres #EnergyCrisis #oilandgascompaniessurplusprofits #oilandgascompaniestaxation
DTEK Energy will pay September bond coupon in full. Ukraine’s largest private electricity and coal producer, DTEK Energy, plans to pay September’s $29.5M coupon on its 2027 note in cash, said the CEO of the company, Maxim Timchenko. That would mark the... #DTEK #DTEKBonds #MaximTimchenko
In July, the EU increased imports of Russian diesel fuel by 22%. In July, EU countries increased the import of diesel fuel from the Russian Federation by 22% compared to the same period last year, reported FT. The increase in import volumes is taking place against ... #ImportsOfRussianDiesel #RussianDieselImportInEU #S&PGlobalCommodityInsights
Ukraine has completed all necessary work to launch the biomethane market in Ukraine. NCRECP, the state commission, has allowed the supply of biomethane to the gas transportation system of Ukraine, according to the State Energy Efficiency Agency. Thus, on August 2, the energy regulator... #biomethaneinUkraine #GasTransportationSystemOfUkraine #StateEnergyEfficiencyAgency
Ukraine has completed preparations for the Trans-Balkan Corridor launch. Since August 1, the GTS of Ukraine operator has increased the volume of natural gas volume at the Grebeniki connection point between Ukraine and Moldova from 3.96 million cubic meters per day to 6.12 ... #LNGTerminalsImportGas #LNGterminalsUkraine #TransBalkanCorridorUkraine
