The gas price reaching record highs at $2000 per 1000 cubic meters. The price of natural gas at Europe’s main hub, TTF, soared in value by 40% on October 6 and set a new record of almost $ 2,000 per 1,000 cubic meters. From the morning of October 5, prices incre... #GasPricesEU #GaspricesSkyrocket
Gas production reduced by 4.8% in nine months. In January-September 2021, Ukrgazvydobuvannia reduced its production of gas by 4.8% to 10.2 billion cubic meters compared to the same period last year. In order to stabilize production indicators, the... #Energysector #GasProductionDecreased #GasProductionUkraine #GasUkraine
Nord Stream 2 Pipeline to Germany is being commissioned. The first part of the project is being gradually filled to build inventory and pressure. Whilst regulators are completing the review of documentation to give the projects final approval, Nord Stream 2... #GasFromRussia #nordstream2 #NordStream2opening #RUssianGasforGermany
With winter beckoning, the Gas price in the EU has exceeded $1450 per thousand cubic meters of gas. The record price of gas has been blamed on the low level of supplies in the European underground gas storages, along with a shortage of supplies from Russia. The low reserves in Europe could see poten... #GasFromRussia #Gasprice$1450 #GasPricesEU #Gasshortage
Despite high gas prices, Ukraine does not plan the start negotiations with Russia on the issue of gas supply said Denys Shmygal, the Prime Minister of Ukraine. He said, “This crisis is not Ukrainian, this is the European crisis as well. Most likely it will impact the whole world”. (LB.ua) #GasViaUkraine #RussianGas #RussianGasforEU #UkraineandRussia
Over the past week, Ukrainian Coal stocks decreased by 8.2%. As of October 4th, there were 713,000 tonnes of coal stocks in the warehouses of Ukrainian thermal power plants (TPPs), which is 8.2% less compared to September 27nd (ukrinform). Compared with Septemb... #CoalStocklevel #CoalStockUkraine #CoalUkraine
Germany allocates € 350 mln for international hydrogen projects. The Ministry of Economy and the Ministry of Science of Germany have published a road map to finance international projects in the field of hydrogen energy. “In total, €350 mln will be allocated for fi... #EnergyInvestments #hydrogenEnergy #HydrogenInvestments #HydrogenProjects
Gas transit to Hungary via Ukraine resumed. The transit of Russian gas to Hungary through the Berehove border point with Ukraine resumed on October 3 after a temporary suspension. This is illustrated by the data of the Hungarian operator of the... #GaztransitviaUkraine #RussiangasforHungary #Ukrainegastransit
Ukrtransgaz received a grant from the European Commission to study the storage of gas-hydrogen mixtures in storage facilities, announced the Director for Integrated Communications of NJSC Naftogaz, Maxim Belyavsky. According to Belyavsky, Naftogaz is now sel... #GrantforNaftogaz #NaftogazUkraine #UkrtransGas
Use of hydrogen and biomethane use in Ukraine to increase in 2023 . This will change the very principle of operation of the entire gas infrastructure. According to Stanislav Kazda – Hydrogen Manager of the Regional Gas company, the transportation of these gase... #biomethaneinUkraine #hydrogenandbiomethane #hydrogenUkraine
The transit of gas through the territory of Ukraine to Hungary was stopped. Even though the capacity from Ukraine to exit to Hungary is contracted for the entire gas year in the amount of 24.6 million cubic meters per day, the gas transit was not received. The contract betwee... #GasTransit #GasTransitthroughUkraine #nordstream2 #RussiangasforHungary
Nord Stream 2 gas will not help us this winter, said Laus-Dieter Maubach, head of Uniper, one of Gazprom’s European partners in the project. According to recent reports in Bloomberg, Maubach believes the pipeline’s certification will be... #GasTransit #nordstream2 #NordStream2Certification #RussianGasforEU
Ukraine has sufficient gas stocks ahead of winter, reported Ukrtransgaz. As Ukraine approaches the heating season, there are sufficient gas stocks in its underground storage facilities to ensure a stable 2021-2022 heating season. “As of October 1, 202... #GasforHeatingSeason #GasForwinter2021 #GasStockUkraine #GasstorageUkraine
New Solar power plants for Vinnytsia City. Vinnytsia City Council a program for the construction of solar power plants for their own consumption by healthcare institutions, and utilities of Vinnytsia city territorial community for 2022-2026. T... #SolarEnergy #SolarEnergyUkraine #SolarPowerVinnytsia
Gas price in Europe reaches a record high at the opening of trading yesterday, the price of gas in Europe exceeded $ 1,100 per 1,000 cubic meters. According to the stock exchange, the value of the October futures on the TTF hub in the Netherl... #EnergyMarket2021 #GasPricesEU #GasPricesPeak
Nuclear power plants increase electricity generation by 4%. The Ministry of Energy in the updated forecast balance of electricity increased the share of nuclear power by 4% in 2021, said the First Deputy Minister Yuri Vlasenko. The volume of nuclear power prod... #ElectricityGeneration #ElectricityProductionUkraine #NuclearPower #NuclearPowerUkraine
Zhytomyr will be able to provide 30% of its city heating through recycling. A waste processing plant is planned to open in Zhytomyr in March 2022 which will provide 30% of the energy required to heat the city. Zhytomyr Mayor, Serhiy Sukhomlyn, said that the current area of la... #Zhytomir #Zhytomirrecycling #ZhytomirrecyclingPlant #ZhytomirUkraine
Ukraine has extended the ban on the import of electricity from Russia, Belarus for another month. At least November 1, 2021. The National Energy and Utilities Regulatory Commission (NEURC) had originally imposed the ban on energy imports from countries that are not members of the Energy Community ... #BanElectricityFromRussia #ElectricityfromBelarus #ElectricityFromRUssiaBan
Producers of Renewable Energy have received UAH 80 billion ($3 bln) in “green” tariffs. The payments made by the state enterprise “Guaranteed Buyer” to Renewable Energy producers have exceeded UAH 80 billion ($3 bln). At the same time, the share of “clean” generat... #GreenEnergyProducers #GreenEnergyUkraine #GreenTariffs
Chinese wind turbines will be part of two wind farm projects in Ukraine. The Chinese manufacturer of wind turbines, Xinjiang Goldwind Technology Co Ltd, has signed contracts for the supply of wind turbines for two projects in Ukraine with a total capacity of 625.5 MW – Zop... #ChineseWindTurbines #WIndTurbines #WindTurbinesforUkraine
For the first time, the price of gas in Europe has exceeded $1000 per thousand cubic meters. According to the London Stock Exchange ICE, the price of October futures rose to $1031.3 dollars per one thousand cubic meters. The total increase in gas prices since the beginning of the day had alre... #Gasprices2021 #GasPricesrecord #GasPricesSpike
Cabinet appoints a new board of Naftogaz. The Cabinet of Ministers has elected Mauritius Kalugin, an adviser to the Chairman of the Board on gas production, to the Naftogaz’s board. Other new members of the board include Vladislav Volov... #NaftogazBoard #NaftogazManagement #NaftogazUkraine #NaftogazVitrenko
German Chancellor candidate Scholz said that Ukraine must remain a gas transit country. He stated that the new German Government will ensure that Ukraine remains a gas transit country and Russia adheres to the commitments it made during the negotiations on the completion of the Nord Stre... #GasTransitthroughUkraine #GermanChancellorElections #GermanySupportsUkraine
Gazprom signs a gas supply contract with Hungary. Ukraine was surprised and disappointed with Hungary’s decision to sign a new long-term contract with Gazprom in Budapest on September 27, 2021. The agreement will provide gas supply to Hungary bypassi... #GasFromRussia #GazpromandHungary #HungaryGasSupplyContract #RussiangasforHungary
Poland’s successful experience in the gas market brings new opportunities for Ukraine – GTSOU. Poland’s experience in implementing a plan to phase out Russian gas and diversify natural gas supply sources opens new prospects for it, Ukrinform has reported. During the participation of a Ukrainian... #NewGasMarket #polandandukraine #Ukrainegasstorage
The US sanctions against Nord Stream 2. The House of Representatives of the US Congress has agreed to provide the amendments to the annual draft defensive budget that provide sanctions against Nord Stream 2 and all persons and companies inv... #NordStreamSanctions #USandNordStream2 #USsanctionsforNordStream2
Record-High Gas Prices Affect Many European Corporate Sectors reported Fitch Ratings. Record-high natural gas prices are putting pressure on supply chains of many European corporate sectors, including non-integrated energy suppliers, fertilizer producers and consumer goo... #FitchRatings #gasprices #GasPricesEU
Interpipe will invest $1 mln to increase the production of pipes for mechanical engineering. “With the help of this equipment, the company will be able to gain a foothold in a new segment. Interpipe supplies the bulk of pipes for mechanical engineering to Europe, the Middle East, and the CIS”... #Interpipe #Interpipeinvestment #InterpipeUkraine
A large-scale wind project that will be located in the Kherson region in Southern Ukraine will commence construction in 2023. The project will bring EUR 76 mln of investment and creating 360 jobs to the region. CMS Cameron McKenna Nabarro Olswang in Kyiv advised CWP Europe (CWP) on the acquisition of 73MW wind project. An ac... #CWPeurope #KhersonWindFarm #WindFarmsUkraine #WindprojectsUkraine
Metinvest enterprises will allocate UAH 26.7 billion for dividend payments. PrJSC Mariupol-based Illich Iron and Steel Works (Donetsk region) will pay UAH 11.004 bln for the payment of dividends from retained earnings, Azovstal – UAH 7.718 billion, PrJSC Dniprovsky Coke and C... #MetinvestDividends #Metinvestpaysdividends #MetinvestUkraine
Ukrainian steel companies boosted export revenue by 73.1% during the January-August 2021 period (ukrainianjournal). Overall Ukrainian metallurgical enterprises in this period increased revenue from exports of ferrous metals by 73.1% compared to the same peri... #Steelexport #SteelFromUkraine #UkraineSteelExport
In January-August, Ukraine reduced the import of oil and petroleum raw materials by 14.5% (by 130,702 tons) compared to the same period in 2020 (770,824 tons). According to the State Customs Service, in this eight-month period, raw materials worth $354.808 million were imported, which is 2... #OilRawmaterials #PetroliumRawMaterials #RawmeterialsImport
DTEK agrees with US-based HC Trading on supply of 150,000 tons of coal. On September 16 DTEK agreed with the U.S. company HC Trading (Heidelberg Cement Group) on the supply to Ukraine of two shiploads of American thermal coal with a total volume of 150,000 tons, the compa... #CoalfromtheUS #DTEK #DTEKEnergy
Parliament may pass a law on biomethane in early October. The Verkhovna Rada may in early October support a bill that would define the term “biomethane” and introduce guarantees about its origin. This was announced by the adviser to the chairman ... #biomethaneinUkraine #Biomethanelaw
Hydrogen energy has taken one of the important places in the energy partnership between Ukraine and Germany (gov.ua). Plans to create a hydrogen market in Ukraine and were discussed during a German-Ukrainian meeting of the Working Group on Hydrogen, as well as a discussion on “Ukraine: Prospects for G... #GermanyandUkraineCooperation #GermanyandUkraineHydrogen #HydrgogenEnergy
Ukraine wants all-natural gas pipelines to receive equal treatment which will allow traders to ship Russian gas to markets in the European Union said CEO Naftogaz Yuriy Vitrenko. Speaking at a meeting with Andreas Feicht, ahead of Germany’s process to certify the Rus... #GasforEU #GasPipelinesTreatment #RussianGasforEU #UkraineandRussia
Ukrgazvydobuvannia plans to boost production. The company has begun to use new technology for Ukraine’s basin analysis and modeling of hydrocarbon systems for prospecting and exploration of hydrocarbons. The company’s communications department sa... #HydroCarbonProduction #Naftogaz #Ukrgazvydobuvannya
Gas prices rose daily on European markets close to the start of the heating season. Gas prices in Europe are breaking new records every day. Since Monday, the gas prices increased from $750 to $950 per thousand cubic meters according to ICE. #Gaspricerising #gasprices #HeatingSeason
Lithuanian business invested EUR 180 mln in Ukraine last year. Investments were concentrated in the financial sector, insurance, wholesale and retail trade reported ukrinform. In addition to direct investment, the trade turnover between our countries reached € 1.... #Lithuaniainvestments #LithuanianBusinessinUkraine
After the completion of the Nord Stream-2 pipeline, on Monday Germany’s energy regulator said it had four months to complete a certification. After receiving all the necessary documentation, Nord Stream 2has lodged an application for an operating license from the pipeline company. The Federal Network Agency (Bundesnetzagentur) (BNA) has com... #nordstream2 #NordStream2Certification #NordstreamCompleted
In August 2021, Ukraine’s total volume of electricity exports decreased by 6.1%, to 344.1 million kWh, whereas imports rose 21.9 times, to 27.1 million kWh (Ukrenergo). Compared to July 2021, electricity exports from the Burshtyn TPP Energy Island decreased by 21.2% to 193.8 milli... #ElectricityExports #ElectricityImportUkraine #energyukraine
Ukraine has accumulated 17 bcm of gas before the heating season ” said Yuriy Vitrenko. “We are now approaching about 19 billion cubic meters (bcm) of gas in our storage facilities, maybe even more. We have already exceeded the plan set by the governmen... #Gasstoragelevel #HeatingSeasonUkraine #Ukrainegasstorage
Can Nord Stream-2 operations be impeded by sanctions? Despite the fact that Russia has announced the completion of the construction of Nord Stream-2, it can still be stopped by sanctions. This was the admission of Oksana Markarova, the Ambassador of Ukra... #MarkarovaonNordstream2 #nordstream2 #NordStream2compleated
Denys Shmyhal discussed Ukraine’s European integration with the Prime Minister of Slovenia Janez Janša. During the Forum “Europe: Reconstruction” within the framework of a working visit to the Republic of Poland last week, Shmyhal and Janša discussed the deepening of bilateral relations and ... #ENTSOe #ENTSOEnetwork #shmyhalandJanezJanša #UkraineEuropeanintegration
Integration into ENTSO-E will enable the EU energy system to enhance sustainability. The synchronization of Ukraine’s integrated energy system with the European Network of Transmission System Operators for Electricity (ENTSO-E), scheduled for 2023, will enable the European energy syst... #ENTSO #ENTSOe #EUenergySystem
US Senior Advisor for Energy Security awaited in Kyiv. Amos Hochstein, Senior Advisor for Energy Security to the US Secretary of State, will be discussing the Nord Stream 2 gas pipeline with Ukrainian officials later this week. “His work is aimed at... #AmosHochstein #AmosHochsteininUkraine #NordStream2andUkraine
Coal regions to be transformed. The Strategy of Economic Development of Donetsk and Luhansk regions envisages the transformation of these coal regions by 2030 and the mitigation of social consequences. According to Marta Bukhtiyarov... #DonetskCoal #LuhanskCoal #UkraineCoal #UkraineCoalRegions
Turboatom with Electrotyazhmash will both be sold. The Cabinet of Ministers has now included Turboatom, 75.22% of which is state-owned, in the list of companies for privatization. The state-owned Electrotyazhmash Plant will be included in the current ... #Electrotyazhmashforsale #TurboatomforSale #TurboatomUkraine
A starting price of almost UAH 1.4 bln was proposed for the Bilshovyk plant. The Auction Commission for the privatization of the First Kyiv Machine-Building Plant (formerly Bilshovyk), has proposed a starting price of UAH 1.398 billion, the Head of the State Property Fund (SPF... #BilshovykforSale #BilshovykPlant #BilshovykUkraine
Rescheduled sale of former Firtash titanium plant attracts broad interest. 18 domestic and international companies have expressed interest in buying the United Mining and Chemical Company (UMCC) – the largest titanium ore producer in Europe and the country’s most attractive ... #FirtashTitaniumPlant #TitaniumPlantUkraine #TitaniumUkraine
