Tuesday, November 16

The Ministry of Economy has reduced the marginal price on gasoline and diesel fuel.

 As a result, the average cost of gasoline was UAH 28.18 per liter and diesel fuel UAH 24.55 per liter. The maximum selling price of fuel at gas station networks for mid-November will be calculated accordingly. It is noted that the average cost was determined based on calculations of Naftogaz Ukraine.

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According to the Ministry of Energy, coal reserves in the warehouses of Ukraine fell below 400,000 tons.

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The newly-elected Chancellor, Olaf Scholz, is ready to support Ukraine’s move towards EU membership. The coalition agreement of the new German government contains a clause stating its readiness to support Ukraine’s movement towards membership in the European Union. The agreement reads, “We will work together with the EU and its Member States to further develop the Eastern Partnership and a market economy. It is also noted that the German government will continue to assist Ukraine in restoring its full territorial integrity and sovereignty”.

A senior EBRD delegation is starting a week-long trip to Ukraine to meet with the country’s authorities and private sector companies. The delegation will include Alain Pilloux, the Vice President of Banking and in charge of Bank lending; and Mark Bowman, the Vice President for Policy and Partnerships.  The visit is to reconfirm the EBRD’s support for Ukraine, its reform agenda, and sustainable development. Discussions will focus on the decarbonization of the Ukrainian economy in line with the country’s updated Nationally Determined Contribution, the development of sustainable infrastructure, and the investment