Energy

Monday, November 15

The volume of transit of oil products through Ukraine has decreased. In January-October 2021, the volume of transit of petroleum products decreased by 44% to 37,800 tons compared to the same period in 2020. The transit of diesel fuel for ten months decreased by 51% ...

UAH 1.9 bln to be invested in Ukraine’s oil and gas industry, announced the Prime Minister, Denys Shmygal, on Facebook. According to preliminary estimates, UAH 1.9 bln ($72.2 mln) will be invested in the oil and gas industry under two agreements that were signed...

Coal production in Ukraine this year amounted to more than 24 mln tons, which is 6% higher than the planned production, announced the Ministry of Energy. In particular, 4.75 mln tons of coal were mined at enterprises under the Ministry of Energy.

Friday, November 12

Ukraine has again requested emergency electricity supplies. On November 11, Ukraine again requested emergency electricity assistance from Slovakia due to the accident at DTEK. Emergency assistance with a capacity of 100 MW was activated from 16:00 to ensure op...

Thursday, November 11

The price of natural gas has fallen to $800 due to an increase in transit of the resource from Russia. Despite the ongoing deficit in Europe, Gazprom has not reserved any additional capacity and is using that which is already booked. This has resulted in Russian gas supplies to Europe remaining much lo...

The Ukrainian President signed a law on the development of biomethane production. The legislation was passed by the Verkhovna Rada after its second reading on October 21. The law lays the foundation for the production and development of biomethane in Ukraine and its export to EU co...

Wednesday, November 10

Electricity deficiency in Ukraine can be prevented, said DTEK CEO Maxim Timchenko at a press conference held on November 9. There are four ways to overcome the deficit of 5.5 billion kWh of electricity: It is necessary to import 1 mln tons of coal at Centerenergo, which will make it possible to generate 2 bln kWh; the pric...

Gas Transit Through Ukraine to Slovakia to increase by 15%. The requests for pumping natural gas have grown to almost 83 mln cubic meters. The actual pumping on Monday at the station amounted to 72.1 mln cubic meters, according to the data of the Slovak gas tr...

Belarus continues supplying electricity to Ukraine under the contract signed in November, Belenergo has reported. “A letter from Belenergo on changing the terms of cooperation was sent to specific companies that are not scheduled to supply the e...

The Ministry of Energy has signed two production-sharing agreements with a Dutch company, ER UKRAINE B.V. The two production sharing agreements include the distribution of products in two regions: Grunivska and Okhtyrska. The minimum investment under these two agreements will be ₴1.5 bln (...

Ukraine will receive from the EIB €1 mln to implement energy-saving measures in hospitals, reported gov.ua. The EIB and the Ministry of Community and Territorial Development have signed a grant agreement to implement further the Energy Efficiency of Public Buildings in Ukraine project. “The...

Tuesday, November 9

Imports of electricity from Belarus on November 8 may increase to 400 MWh, according to recent data on the ENTSO-E website. Ukraine can receive 9,200 MWh of Belarusian electricity per day, which corresponds to approximately 2% of daily consumption. According to NEC Ukrenergo...

Starting gas prices on Ukraine Energy Exchange (UEE) last week fell by 4%. During the period November 1st to the 5th, the price on the UEE decreased by 4%. “Starting resource prices had a trend that corresponded to the European one. As a result, as of Friday, the avera...

DTEK joins PPCA international alliance for gradual transition to carbon-free energy. The international Powering Past Coal Alliance will assist DTEK in the gradual transition to carbon-free energy. The company plans to achieve carbon neutrality by 2040.

Britain is interested in cooperation with Ukraine on alternative energy resources. This includes the expansion of bilateral cooperation with Ukraine toward the safe handling of nuclear materials and producing alternative energy sources, said the British Ambassador to Ukraine, Melind...

The level of indebtedness of state mines to workers has reached ₴1.85 bln ($70.34 mln), announced the head of the Independent Trade Union of Miners of Ukraine, Mykhailo Volynets, on Facebook. “Energy officials have no answer when it’s possible to close the ₴1.85 bln salary debt to ...

Ukrainian steel firms ask Zelensky to seek to cancel US’s 25% duty. Ukrmetalurgprom, the association of steel enterprises has asked President Volodymyr Zelensky to raise during meetings with government officials in the US about the issue of replacing a 25% duty on met...

Monday, November 8

The German Greens party’s opposition to the launch of Nord Stream-2. The co-chair of the German Green Party, Robert Habeck, spoke out against the rush to certify Nord Stream 2, saying “It was only possible if it complied with all European rules, not because of Kremlin ...

Centrenergo is ready to invest ₴450 mln in four coal faces. Centrenergo is ready to finance the commissioning of four coal longwalls to the value of ₴450 mln ($17.1 mln), said First Deputy Chairman of the State Property Fund, Denis Kudin. “We are ready to lend...

Ukraine reduced gas imports by 77% in October reported GTSOU. In comparison to September 2021, gas imports to Ukraine in October decreased by 77% or 510 mln cubic meters. After the physical gas transit to Hungary was halted, imports from this cou...

Ukrgasbank signs agreements with UAE’s Mashreq Bank for a loan valued at $35 mln. Both banks concluded the first agreement on structured trade financing, according to a recent press statement. The amount of transaction totals about $35 mln, for a term of up to 60 days which will as...

Friday, November 5

The Russian Federation has stopped the transit of thermal coal from Kazakhstan to Ukraine. The block imposed by the Russian Railways which did not permit the passage of cars carrying thermal coal through the Russian Federation. The relevant restriction is imposed only on thermal coal, and d...

JKX Oil & Gas plc announced that it plans to delist and buy shares on London Stock Exchange. On November 4, the parent company of JV Poltava Gas and Oil Company sent a delisting offer to shareholders and approval of a repurchase agreement under a tender offer for about 23.3% of shares at a pr...

The United States is ready to allocate $ 25 mln to support the development of nuclear energy in several countries, including Ukraine. The announcement was made by the US Deputy Secretary of State for Arms Control and International Security, Bonnie Jenkins, at the UN climate summit in a statem...

Ukraine has joined the Net Zero World initiative , announced the Ministry of Energy. “Through participation in the initiative, Ukraine will have access to the development of 17 research laboratories of the US Department of Energy for the possi...

Edition EcoPolitika has ranked firms that invested in eco-modernization in 2021. The list includes: DTEK Renewables, Clear Energy Group, Regional Gas Company, Ukrteplo Group, MHP, Naftogaz, EDS-Engineering Recycling Solutions, UDP, Renewables, KNESS, announced ecopolitics.com

Thursday, November 4

The launch of Nord Stream-2 may be delayed until May 2022, reported Bloomberg. “If regulators want to use all the time allotted for the project, it can be approved no earlier than May 8, 2022”, the agency said. Earlier, Russian officials said that the Nord St...

Gas reserves in underground storage facilities are 18.1 billion cubic meters as of November 3 , reported by Ukrainian underground gas storage facilities (UGS). Approximately 800 million cubic meters have been used since the beginning of October, reported Naftogaz (ukrinform).

EBRD to invest $75 million in a sustainability-linked Eurobond issued by Ukrenergo. In a bid to resolve the payments crisis gripping the country’s renewable energy sector, the proceeds will cover all payment arrears owed to renewable energy producers. The investment will help to rest...

Wednesday, November 3

Gazprom has not booked additional capacity for the transit of gas through Ukraine in 2022. Gazprom did not reserve additional capacity for gas transit through Ukraine and Poland from the first to the third quarter of 2022, and refused to reserve additional capacity for pumping gas through t...

Electricity exports increased 3.1 times last week. Total electricity exports last week amounted to 61.7 mln kWh, 3.1 times more than in the previous week, Ukrenergo has reported. It is noted that the average daily exports from the “island of Bur...

Akhmetov’s new coal company earned a profit of ₴1.91 bln ($72.62 mln). Ukraine’s largest producer of coking coal, the Pokrovske Mine Management, which was purchased by the Metinvest Group in March 2021, earned a net profit of ₴1.91 bln in January-September this yea...

Iron ore prices have fallen to an annual low due to weak demand from China. For the first time in almost a year, iron ore futures in China fell below 600 yuan ($93.75) per ton due to weak supply conditions and poor demand forecasts. It is noted that ore supplies from Australi...

Tuesday, November 2

PJSC Centrenergo has paid off all debts to state mines for the supply of coal. “There is no debt to mining companies for the supply of coal,” announced the company. Such actions in the company were explained by the understanding of “the urgent need to increase domest...

In October, DTEK increased coal supplies to TPPs by 17%. The volume of coal supplies to thermal power plants increased by 20% to 1.6 million tons, the main growth was provided by supplies to thermal power plants of DTEK Energo was 17%. In October 2021, Ukra...

Ukraine has the right to demand compensation from its European neighbors if the Russian Federation stops gas transit. This statement was announced by a member of the Head of the European Parliament delegation to the Euronest Parliamentary Assembly, Andrius Kubilius. “Ukraine has the legal right to demand some kind of...

Nord Stream 2 AG has appealed against a German court ruling on an exemption from the EU gas directive. On May 15, 2020, the Federal Network Agency rejected Nord Stream 2 AG’s application for a derogation from the rules of the EU Gas Directive, which was amended in 2019. Nord Stream 2 AG claims th...

Ukrenergo will resume electronic auctions for access to interstate power grids. The Kyiv District Administrative Court has canceled measures to secure DTEK Zahidenergo’s lawsuit, which led to the forced suspension of all auctions for the distribution of access to the capaci...

Nikopol Ferroalloy Plant increased production by 25.2%. In the period January to September, Nikopol increased production by 25.2% compared to the same period last year. The volume was 508,810 tons. Over the nine months the plant increased production of sil...

Monday, November 1

The State Property Fund (SPFU) again canceled the auction for the privatization of JSC United Mining and Chemical Company (OGHC), which was to take place on October 29. The cancellation was due to the fact that it only received two bids. One of them did not meet the requirements of current legislation, and it is impossible to ho...

There will be no electricity imports from Russia and Belarus from November 1. On October 20, Inter RAO announced an auction for the sale of electricity, but on October 21, the relevant auction was canceled, and the relevant auctions were not held in Belarus.

Ukraine expects to import coal from Poland, Kazakhstan, and South Africa, reported epravda. “The state-owned Centerenergo plans to import about 200,000 tons of coal from these countries. Negotiations are also underway with suppliers from the United States,” Firs...

Ukraine has provided Moldova with 15 mln cubic meters of gas as emergency aid. The Gas Transmission System Operator provided emergency assistance to Moldova, 15 mln cubic meters of gas on the condition of its return, announced the General Director of OGTSU, Serhiy Makogon, on hi...

Gas prices at Europe’s leading hub fell below $ 800 per thousand cubic meters, after Russia’s promises to increase gas reserves in storage from November reported The Financial Times. Gazprom has intentions to increase gas injections into the company’s underground sto...

The NBU forecasts an increase in electricity prices by 25% per year. The National Bank forecasts that electricity tariffs will be brought to an economically reasonable level, which will lead to their growth by 20-25%.

Friday, October 29

Ukraine and Romania have provided Moldova enough gas to maintain pressure in its transmission network, announced the press service of Moldovatransgaz on Thursday. Without naming the amount of fuel borrowed, the company said that Ukraine has lent natural...

Naftogaz has won a tender to supply gas to Moldovan Energocom. Naftogaz won a tender for the supply of gas to Energocom. This agreement is for the supply of 500,000 cubic meters of gas until October 29, 2021.

Energoatom buys out almost all available capacity for electricity imports from Belarus in November. Energoatom purchased almost all the available interstate capacity for electricity imports from Belarus in November – 885 MW out of 900 MW offered by Ukrenergo at an auction on Wedne...

Thursday, October 28

Ukraine is already pumping an additional 50-55 billion cubic meters of gas to Europe today, said the Secretary of the National Security and Defense Council (NSDC), Alexei Danilov. “We can already provide additional gas pumping capacity today. Our gas transportation system can provide in addi...

This year, the GTS (Gas Transmission System) operator received ₴5.8 bln ($220 mln) in net profit. The company’s income from the sale of services amounted to ₴40 bln ($1.52 bln), as reported on the company’s website. The increase in the debt of GDN operators was due to significant volumes of ...