: :inin Kyiv (EET)

Section: Economy

    Ukraine offers China Railways to invest in subway, bridge and high-speed rail link
    Apr26

    Ukraine offers China Railways to invest in subway, bridge and high-speed rail link

    The Ukrainian government on Tuesday offered China Railway International Group (CRIG) a number of infrastructure investment opportunities, including the fourth line of the Kyiv Metro and the construction of a bridge, the Ministry of Economic Development and Trade wrote on Twitter, Global Construction Review reports. The ministry published two...

    Polish gas worth $48.8 mln to be supplied to Ukraine by private company
    Apr26

    Polish gas worth $48.8 mln to be supplied to Ukraine by private company

    Private energy company Eru Trading, a subsidiary of Energy Resources of Ukraine, together with the Polish oil and gas company PGNiG in 2017 will supply 218 million cubic meters of gas worth UAH 1.3 billion, or US$48.8 million, for the needs of the state-owned operator of Ukraine`s gas transportation system Ukrtransgaz, according to the PGNiG...

    So-called Yalta Forum unlikely to bring investment to sanctioned Crimea – European Commission
    Apr25

    So-called Yalta Forum unlikely to bring investment to sanctioned Crimea – European Commission

    Unlawful ”international” events, like a recent economic forum in Yalta in Russia-occupied Crimea, which took place on April 20-22, will not bring foreign investment to the peninsula as it is under sanctions, according to a representative of the European Commission. ”The EU does not recognize the illegal annexation of Crimea and Sevastopol by the...

    Turkey resumes imports of Ukrainian wheat – media
    Apr25

    Turkey resumes imports of Ukrainian wheat – media

    In view of the heightened tension between Russia and Turkey, Ukraine`s shipments to the Turkish market became more active in March, according to BlackSeaGrain. A total of 46,000 metric tonnes of wheat was supplied to Turkey that month – the largest volume since the season`s beginning (a total 73,400 metric tonnes in MY 2016/17). As a reminder,...

    Kyiv`s Diamantbank declared insolvent
    Apr25

    Kyiv`s Diamantbank declared insolvent

    Ukraine`s Deposit Guarantee Fund has introduced interim administration at Kyiv-based Diamantbank after the National Bank of Ukraine (NBU) declared the bank insolvent. The administration headed by Tetiana Startseva will work for a month until May 23 inclusively, the Fund said on its website. Introducing the interim administration is the first...

    Gazprom`s western partners agree Nord Stream 2 gas pipeline financing – Reuters
    Apr24

    Gazprom`s western partners agree Nord Stream 2 gas pipeline financing – Reuters

    Western partners of Russian gas giant Gazprom agreed on Monday on financing the 9.5-billion euro Nord Stream 2 pipeline, removing a key hurdle for the Russian plan to pump more gas to Europe, according to Reuters. At a signing ceremony in Paris, Uniper, Wintershall, Shell, OMV and Engie agreed to each loan 10 percent of the cost of the venture,...

    Templeton`s Hasenstab winds down $7 bln Ukraine bond bet – Bloomberg
    Apr24

    Templeton`s Hasenstab winds down $7 bln Ukraine bond bet – Bloomberg

    Franklin Templeton bond chief Michael Hasenstab is pulling back from one of his most contrarian bets of the past decade, according to Bloomberg. ”Holdings in Ukrainian sovereign debt in the flagship $40 billion Templeton Global Bond Fund he manages have dropped by half in the past year to about $1.2 billion, or 3 percent of the total portfolio,...

    Ukrainian gas reserves down to less than 8.3 bcm
    Apr24

    Ukrainian gas reserves down to less than 8.3 bcm

    Natural gas reserves in Ukrainian underground gas storages (USFs) on April 16-22 shrank by 0.5%, or 39 million cubic meters (mcm), from 8.329 billion cubic meters (bcm) to 8.290 bcm, according to the state-run gas transport system operator Ukrtransgaz. As reported, 16.15 mcm of gas was pumped from USFs on April 22 alone. Earlier, the Ukrainian...

    Russia to discuss extending oil cut with OPEC May 24
    Apr24

    Russia to discuss extending oil cut with OPEC May 24

    Russian Energy Minister Alexander Novak said a decision on extending a global pact to cut oil production had not yet been taken, but would be discussed with OPEC on May 24, according to Reuters. The Organization of the Petroleum Exporting Countries and other leading oil producers have pledged to curb output by 1.8 million barrels per day (bpd),...

    Former ally of Yanukovych Serhiy Tihipko may become next National Bank of Ukraine chief – media
    Apr24

    Former ally of Yanukovych Serhiy Tihipko may become next National Bank of Ukraine chief – media

    Serhiy Tihipko is considered one of the main candidates for the post of the Governor of the National Bank of Ukraine, ZN.UA reports citing its source. Mr Tihipko has been rather close to President Poroshenko lately and deeply informed about the latter`s commercial activities, according to ZN.UA. The publication says Serhiy Tihipko left the post...

    Pin It on Pinterest