Ukraine is ready to provide external customers access to 40% of its underground gas storage facilities to create strategic reserves, said UGS Operator, Serhiy Pereloma, speaking at the recent Ukrainian Gas Forum which was held in Kyiv. According to Pereloma, in order to ensure energy security during peak periods, it is necessary to... #GasStorageinUkraine #Ukrainegasstorage
Germany has taken a step towards Nord Stream-2 certification, announced DW. The German Ministry of Economy announced that it had completed an analysis of the reliability of gas supplies on Nord Stream-2 and passed its results to the Federal Office of Networks (B...
The rise in coal prices forces cement producers to work at a minimum margin. The majority of cement producers in Ukraine are having to adjust their business model due to the doubling in the price of coal. “The price rises of coal creates significant pressure on the prici...
Electricity exports fell 38% last week. The total export of electricity for October 18-24, 2021 amounted to 19.5 million kWh, which is 38.5% less than in the previous week, reported Ukrenergo. It is noted that the average daily exports from...
The German Ministry of Economy and Energy has received a proposal from Ukraine for an additional transit of 55 billion cubic meters of gas, reported Interfax. We will talk intensively about this proposal,” said German Ambassador to Ukraine Anka Feldhusen speaking at a conference in Kyiv. Feldhusen stressed that Germany is also tryin... #GasTransit #GasTransitthroughUkraine #GastransittoEU
Naftogaz to supply 700 million cubic meters of gas to Moldova. Naftogaz has signed a framework agreement with Moldovan Energocom to supply 700 million cubic meters of gas. The supply agreement is only based on actual consumption, reported epravda.com #UkraineandMOldova #UkrainegasforMoldova #UkraineselsGastoMoldova
Coal stocks at warehouses decreased by almost 7% during the past week. As of October 25, 2021, coal reserves in the warehouses of thermal power plants (TPPs) and thermal power plants (CHPs) amounted to 701,300 tons, which is 6.9% less than the reserves on October 18. Thu... #CoalDemandinUkraine #CoalImport #CoalShortage2021 #CoalStockUkraine
Ukrainian and Australian scientists will cooperate in the field of hydrogen energy. Deputy Minister of Energy of Ukraine, Yulia Pidkomorna, met with Deputy Head of Mission and Consul of the Embassy of Australia in Ukraine, Robert Vin Curtis. The parties agreed on cooperation between ... #hydrogenEnergy #UkraineAustralia #Ukrainehydrogen
Naftogaz will hire 20 top managers. Naftogaz has announced a tender for the services of recruitment agencies to find staff to select 20 candidates for senior management positions, the expected cost is UAH 46.92 mln ($ 1.79 mln). Tender ... #NaftogazHiresManagers #NaftogaztopManagement #NaftogazUkraine
Ukraine is ready to pump an additional 55 billion cubic meters of gas to the EU in excess of the 40 billion cubic meters that Gazprom must pump under the transit contract. Ukraine may also assist Moldova’s gas supply, said Oleksiy Danilov, of the National Security and Defense Cou... #AdditonalGasforEU #GasforEU #RussianGasforEU #Ukrainegastransit
Ukraine is ready to provide Russia with a 50% discount on gas transit to Europe , said President Zelensky. According to Zelensky, the proposal concerns the transit of gas in excess of the 40 billion cubic meters established by the contract with the Russian company in order to eas... #DiscountforGasTransit #GasTransit #GastransittoEU #RussianGasThroughUkraine
Shortage of coal in warehouses to be covered by imports, said the Minister of Energy, German Galushchenko. Ukraine has signed contracts for the imports of 4 million tons of coal. Galushchenko added, “In order to ensure the stable operation of the power syst... #CoalforUkraine #UkraineCoalShortage #UkraineImportsCoal
Ukraine’s Energoatom plans to build small modular reactors by 2030. The head of Energoatom, Petro Kotin, said that a small modular reactor may be constructed by 2030. The announcement was made during the recent Ukraine Gas Investment Congress, which was held in Kyiv l... #Energoatom #EnergoatomnewReactors #UkraineEnergy
Naftogaz seeking independent members for their new Supervisory Board. The competitive selection for the four independent members of Naftogaz’s Supervisory Board was announced on gov.ua. Nominations for candidature will be open until December 6, 2021. #Naftogaz #NaftogazSupervisoryBoard
The Verkhovna Rada has passed a law on attracting investment and developing the biomethane market. The law aimed at developing the production and export of biomethane and attracting investment in this area. Biomethane is a gas whose physical and technical characteristics meet the requirements of na... #Biomethane #BiomethaneDevelopment #Biomethanelaw
The state budget will receive almost UAH 395 mln ($15.1 mln) from the sale of two special permits for hydrocarbon production. The State Service of Geology and Subsoil has implemented two special permits for the development of hydrocarbons valued at UAH 395 mln ... #HudroCarbonPermits #HydroCarbonProduction #UkraineStateBudget
GTS Ukraine operator has applied for participation in the process of certification of the Nord Stream-2 operator. On Wednesday, October 20, it submitted an application to the German energy regulator (Bundesnetzagentur) to participate in the certification procedure of Nord Stream-2 AG. “We continue to strong... #nordstream2 #NordStream2Certification #UkraineGTS
DTEK Energy invested UAH 1.7 bln on the repair of its TPPs in the first nine months of 2021. DTEK Energy has undertaken repairs to their thermal power plant (TPP) units, station equipment, buildings, and structures, in preparation for the winter heating season (DTEK company press service). #DTEK #DTEKEnergy #DTEKUkraine
The level of the Electricity imports since April 2021 has been extremely low, reported Ukrenergo. In September, the total volume of imports of 0.028 million kWh. The lowest amount since the commencement of the new market in July 2019. Electricity exports have also continued to ... #electricityExport #ElectricityImport #UkraineElectricityExport #UkrenergoUkraine
Ukraine can become a storage platform for storing gas for the EU. Underground gas storage facilities are ready to provide 40% of the gas capacity of non-resident customers, including the storage of insurance reserves of “blue fuel” said Serhiy Pereloma, ... #EnergyStorageHub #UkraineEnergy #Ukrainegasstorage
Naftogaz signed the first three memorandums during the Ukrainian Gas Investment Congress in Kyiv. The first memorandum was signed with Ireland Dragon Oil on the exploration and development of deposits in the Black Sea. The second memorandum with the Azerbaijani oil producer Socar, the develop tech... #GasExploration #GasInvestmentCongress #GasMemorandums #Naftogaz #UkraineGasExploration
The State Service of Geology and Subsoil sold 200 lots at electronic auctions, half of which were sold in 2021. During a speech at the VI Kyiv conference “Newfolk NCC”, the head of Gosgeonadr Roman Opimakh stressed that for a year and a half the service provided subs... #GasExploration #gasmining #SubsoilPermits #subsoilpermitsauction
“Guaranteed buyer” settled with producers of “green” energy by 43.8%. In October, the State Enterprise “Guaranteed Buyer” settled with producers of electricity from renewable energy sources (RES) by 43.8%. The “Guaranteed Buyer” transferred over ... #Debtrepaid #GreenEnergyDebt #GreenEnergyProduction #UkraineGreenEnergyDebt
Ukraine’s coal stocks decreased by almost 6% over the past week. As of October 18, there were 752,900 tons of coal stocks in the warehouses of Ukrainian thermal power plants (TPPs) and combined heat and power plants (CHPPs), which is 5.9% less compared to October 1... #CoalStock #CoalStock2021 #CoalStockinUkraine
Naftogaz applied to participate in the certification of the Nord Stream 2, said the company in a press release. The Russian financed pipeline is designed to increase Europe’s reliance on its gas, and weaken European energy security and competitive gas markets. “Our request f... #Naftogaz #nordstream2 #NordStream2Certification
On 20 and 21 October, Kyiv will host the Ukraine Gas Investment Congress initiated by the Naftogaz and supported by the Ministry of Energy of Ukraine, reported. Congress participants will discuss the ongoing transformations in Ukraine’s energy sector, the potential for fur... #GasInvestmentCongress #UkraineGasInvestmentGongress
Only permission from Germany is required to launch Nord Stream 2. Speaking during an interview with the BBC, the Russian Ambassador to Britain, Andrei Kell, said that the Nord Stream 2 project awaits permission from Germany to launch the project. Michael McCall, a s... #GermanyandNordstream2 #nordstream2 #NordStream2Certification #Nordstream2launch
Russia has been gradually reducing gas transit through Ukraine. Gazprom has reduced gas transit through the Ukrainian gas transportation system three times since the beginning of this year, said the General Director of GTS Ukraine Operator, Serhiy Makogon, on Face... #GasTransitthroughUkraine #RussianGas #RussianGasThroughUkraine
Ukraine has enough gas in storage facilities for this winter , said the CEO of Naftogaz, Yuriy Vitrenko. Currently, there are almost 19 bln cubic meters of gas in storage. As of today, 10-15% of these volumes belong to non-residents, however, it can be sold her... #GasStorageVolume #Naftogaz #NaftogazUkraine
Metinvest’s credit rating is higher than that of Ukraine. The international rating agency S&P Global Ratings has raised Metinvest’s long-term credit rating from “B” to “B +”, which is one step higher than Ukraine’s sov... #Metinvest #MetinvestRating #MetinvestUkraine
The price of gas in Europe has risen again. The prices on the European ICE exchange again exceeded $1,200 per thousand cubic meters. In the course of trading on October 14, quotations rose to $ 1,225 per thousand cubic meters. Last week gas pri... #EUgasPrices #GasPricesCrisis #GaspricesRising #GasShortage2021
Artificial adjustment of the price for extracted gas will lead to a steep drop of natural gas production. The initiative to restrict the rights of independent gas producers to sell gas at market prices contradicts the Law of Ukraine “On the Natural Gas Market”, as well as all the reforms imple... #ArtificialGasPrices #DTEK #GasExtraction #GasProductioninUkraine #UkraineGasProduction
DTEK will supply almost 50,000 tons of coal to Centerenergo and Donbasenergo to cover its current resource deficit. DTEK Energy has launched an exchange program, to supply coal to other market participants to cover the short-term deficit in resources, the holding press service said. The company has already started ... #CoalSupply #DTEK #DTEKEnergy #DTEKUkraine
Naftogaz attracts investors to the development of the Ukrainian gas market. On October 20-21, the Ukrainian Gas Investment Congress will take place in Kyiv at the initiative of Naftogaz Ukraine and with the support of the Ministry of Energy. #GasExtraction #GasMarketinUkraine #GasMininginUkraine #UkraineGasMarket
Ukraine hopes to agree on increasing gas reverse from Slovakia. The increase in capacities for guaranteed physical transportation of gas from Slovakia to Ukraine will strengthen the energy security of the country and the region, said Olga Belkova, the Director for... #Energy #GasforUkrainefromSlovakia #GasfromSlovakia #SlovakiaandUkraine
Metinvest to join consortium to research steelmaking dust product recovery. The company and a leading Austrian research center in metallurgy K1-MET will participate in an international research project in the field of sustainability and circular economy for processing metallu... #Metinvest #MetinvestUkraine
Naftogaz takes control of Donetskoblgaz. In a recent announcement in Ekonomichna Pravda, three members of the board of Donetskoblgaz were fired, and two representatives of Naftogaz were appointed in their place. Naftogaz Ukraine has gained c... #Donetskoblgaz #Naftogaz #NaftogaztakesoverDonetskoblgaz.
The gas pumping rate in Europe’s underground storages fell to a record low. The withdrawal rate will soon surpass the inflow rate, reported Gas Infrastructure Europe. Since the beginning of the week, the rate of gas pumping in Europe’s underground gas storage facilities... #EUgasShortage2021 #EUgasStorages #GasShortageinEU
Ukraine may get $1.5 bln in economic benefits after joining European power grid reported UkrainianJournal. “The World Bank estimates that the integration of the Ukrainian energy system with ENTSO-E will be $1.5 billion annually and be a step towards Ukraine’s energy indepen... #ENTSOe #EUpowerGrid #UkraineJoinsENTSOe
The rapid increase in gas prices will lead to price increases in all services in Ukraine. The gas tariffs for business will grow inevitably because the government is not going to compensate these – unlike the social tariffs. “One should expect an increase of the price of almost... #GasPricesAffectEconomy #GasPricesIncrease
“Green tariffs” debt repayment. The Cabinet of Ministers provided Ukrenergo with a state guarantee for the issuance of bonds in the amount of up to UAH 22.8 bln ($874,5 mln) to repay debts for electricity produced from renewable ene... #GreenTariffs #GreenTariffsDebt #GreenTariffsDebtRepayment
The EU’s third energy package should be fully applied to Nord Stream 2, said the President of the European Commission, Ursula von der Leyen. “As we have repeatedly stressed the 2019 Gas Directive, EU’s Third Energy Package fully applies to Nord Stream 2,”... #EUandNordStream2 #nordstream2 #NordStream2sanctions
The average price of gas imports to Ukraine in September increased by 26.9%. The Ministry of Economy has reported that the average price was $543.1 (UAH 14,481) per 1,000 cubic meters. The price of gas imports over the past month was 26.9% higher than the price in August of 20... #GasImport #GasImportPrice #GasPriceIncreasing #gasprices
Due to high electricity prices, Nikopol Ferroalloys has shut down five furnaces. Nikopol Ferroalloy Plant announced that the decrease in demand for ferroalloys and substantial rise in electricity tariffs since the beginning of October this year was behind its decision. #Ferroalloys #NikopolFerroalloys #UkraineFerroalloys
Synchronization of Ukraine’s energy system with ENTSO-E will strengthen its sustainability and level of security of supplies, said Denys Shmyhal during the 23rd Ukraine-EU Summit. The integration of the unified energy system of Ukraine into ENTSO-E plays a... #ENTSOe #UkraineEnergy #UkraineENergySystem #UkraineJoinsENTSOe
Ferrexpo decarbonization plans. The firm which controls Poltava Mining and Yeristovo Mining has announced that it is working with Ricardo Plc as part of its decarbonization plans by 2050. “The Group undertakes a commitment to achiev... #DecarbonizationUkraine #ferrexpo #FerrExpoDecarbonization
Ukraine, EU, US, and Germany should define “red lines” on “Nord Stream-2”, said the Deputy Prime Minister of Ukraine, Olga Stefanishina. One example of such lines is the agreement between Russia and Hungary on gas supplies bypassing Ukrainian territory. Ukraine is monitoring... #GermanyandNordstream2 #nordstream2 #NordStream2andUkraine #USandNordStream2
The second energy storage system is to be built by DTEK. The energy holding firm plans to build its second energy storage system with a capacity of 50 MW next year, said the Executive Director of DTEK, Dmytro Sakharuk. Previously, DTEK had launched an indus... #DTEK #EnergyStorageUkraine
The issue of coal supply is reaching a critical state in foreign markets, reported DTEK. China is experiencing is seriously a coal shortage due to its trade war with Australia. This has complicated its purchase from Ukraine, said Executive Director DTEK, Dmitry Saharuk. “Chinese industria... #Coal #CoalSupply #DTEK
The volume of gas transit through Ukraine decreases to a minimum of 109 million cubic meters. In September 2021, the transit of natural gas through the Ukrainian gas transportation system to Europe was 3.257 billion cubic meters . In September 2021, Gazprom booked only 4% of the additional gua... #GasTransit #GasTransitUkraine #GasTransitViaUkraine #VolumeofGasTransit
