: :inin Kyiv (EET)

Section: Economy

    Ukraine follows all gas transit obligations – UKRTRANSGAZ
    Jan04

    Ukraine follows all gas transit obligations – UKRTRANSGAZ

    As reports the operator of the Ukrainian gas transport system PJSC UKRTRANSGAZ gas transit through Ukraine grew by 23% to 82.2 billion cubic meters in 2016. Press Service of UKRTRANSGAZ on its official website: “Specifically, in December 2016, for the needs of European consumers were transported 8.4 billion cubic meters, which is 25% more...

    State debt of Ukraine decreased to $67.54 billion
    Jan04

    State debt of Ukraine decreased to $67.54 billion

    The Ukrainian Ministry of Finance reports that the total direct and guaranteed state debt of Ukraine decreased by $810 million (1.2%), to $67.54 billion in the 11th month of 2016. Ukraine’s total debt in 2015 decreased by $4.32 billion (6.2%). While during previous months of 2016 it grew by $2.03 billion (3.1% in dollars or 10% in hryvnia),...

    Oil prices rise because of OPEC plan to reduce output
    Jan04

    Oil prices rise because of OPEC plan to reduce output

    Organizations of the Petroleum Exporting Countries (OPEC) in November 2016 decided to reduce oil output and this agreement enter into force at the first week of 2017. According to Reuters, oil edged higher on Wednesday, January 4, 2017. Global benchmark Brent crude futures LCOc1 were up 49 cents at $55.96 a barrel by 0924 GMT (4:24 a.m. ET). U.S....

    Gazprom plans the Nord Stream-2 pipeline and finances Turkish Stream pipeline
    Jan03

    Gazprom plans the Nord Stream-2 pipeline and finances Turkish Stream pipeline

    The Nord Stream-2 pipeline will stretch from Russia to Germany through the Baltic Sea and will be finished in 2019. “The Nord Stream (delivery) rate clearly demonstrates that the northern corridor for Russian gas supplies into the European market is of high demand. And once again it confirms the importance and the urgency to approve and...

    NBU limits cash payments by individuals to UAH 50,000 per day
    Jan03

    NBU limits cash payments by individuals to UAH 50,000 per day

    The National Bank of Ukraine(NBU) sets in its Board Resolution No. 407 to lower the upper threshold for settlement of payments in cash for individuals from UAH 150,000 to UAH 50,000 000 per one business day. On the official website NBU explains that setting an upper limit on cash payments will ensure regular cash supplies to the banking system...

    Gas transit through Ukraine increased in 2016
    Jan03

    Gas transit through Ukraine increased in 2016

    PJSC Ukrtransgaz reports that transit of natural gas through Ukrainian gas transportation system (GTS) increased compared with 2015 by 22.5% . Gas transit through Ukraine in the end of 2016 increased by 24.5% compared with the end of 2015. In December 2016 through Ukraine to Europe were transited 8.035 billion cubic meters of gas. Through...

    “When Russia hack U.S. election it’s an act of war” – McCain in Kyiv
    Dec31

    “When Russia hack U.S. election it’s an act of war” – McCain in Kyiv

    The Republican paid a visit to Ukraine where he said Friday that Russia must be made to pay the price for cyber attacks on the United States and that it was possible to impose many sanctions, including on financial institutions. ”When you attack a country, it`s an act of war,” McCain said in an interview with the Ukrainian TV channel 1+1 while on...

    Naftogaz gets $500 mln loan secured with World Bank guarantee
    Dec31

    Naftogaz gets $500 mln loan secured with World Bank guarantee

    On 30 December 2016, Naftogaz signed with Citi and Deutsche Bank a euro-denominated revolving credit facility for gas purchase in the equivalent of $500 million, according to the state holding`s press service. ”The facility is secured by the World Bank`s guarantee, which, in turn, is secured by the sovereign guarantee issued within the formation...

    Linseed exports from Ukraine three times lower this season
    Dec31

    Linseed exports from Ukraine three times lower this season

    Linseed exports from Ukraine totaled 4.8 KMT in November 2016/17 that is 14% more than last month (4.2 KMT) and 7% more than in November 2015 (4.5 KMT), UkrAgroConcult reports. Despite November`s upward trend in exports, their three-month total amounted to just a third of the volume exported in the same period last year: 13.3 KMT against 40 KMT,...

    National Bank of Ukraine in December spends $120 mln to support hryvnia
    Dec30

    National Bank of Ukraine in December spends $120 mln to support hryvnia

    The National Bank of Ukraine in forex auctions in December sold $119.4 million more than it bought, the NBU`s press service reports. According to the regulator, in the past month the NBU held three auctions for foreign currency sale, having purchased $115 million. At the same time, the central bank held another five auctions where it sold $234.4...

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