Section: Economy

      Ukrainian gas reserves amount to 8.3 bcm
      Apr11

      Ukrainian gas reserves amount to 8.3 bcm

      Natural gas reserves in Ukrainian underground gas storages (USFs) increased by 1%, or 82 million cubic meters (mcm), on April 1-8, to 8.307 billion cubic meters (bcm) from 8.225 bcm, according to the state-run gas transport system operator Ukrtransgaz. As reported, 15.78 bcm of gas was injected into USFs, while 9.49 bcm of gas pumped from the...

      Azerbaijani companies to invest in Ukraine`s Odesa region
      Apr10

      Azerbaijani companies to invest in Ukraine`s Odesa region

      Azerbaijani companies are ready to invest in the southern Ukrainian Odesa region, Azerbaijan`s Ambassador to Ukraine Azer Khudiyev said at a meeting with the chairman of the Odesa regional state administration, Maksym Stepanov, according to Azertag. The ambassador said Azerbaijan was interested in developing economic ties with Ukraine, especially...

      Ukraine pledges before IMF to protect Russian banks` subsidiaries in Ukraine – Gontareva
      Apr10

      Ukraine pledges before IMF to protect Russian banks` subsidiaries in Ukraine – Gontareva

      Ukraine has committed to the International Monetary Fund (IMF) to protect Russian state-owned banks` subsidiaries in Ukraine from illegal actions, Governor of the National Bank of Ukraine (NBU) Valeria Gontareva told a briefing. The IMF is concerned about the situation around these banks, and this was one of the reasons for the postponement of...

      Britain to push for tough new sanctions on Putin – media
      Apr10

      Britain to push for tough new sanctions on Putin – media

      Britain is pushing western nations to impose new sanctions on Russia if Moscow fails to curb ties with Bashar al Assad amid the escalation of Syrian conflict, according to The Times. Boris Johnson, the British foreign secretary, is demanding that western nations draw up ”very punitive sanctions” in response to last week`s chemical attack on a...

      Ukraine`s chief banker names bankrupt banks, largest debtors for refinancing
      Apr10

      Ukraine`s chief banker names bankrupt banks, largest debtors for refinancing

      Governor of the National Bank of Ukraine (NBU) Valeria Gontareva has told reporters debts of insolvent banks to the NBU as of today are estimated at UAH 45.2 billion. Gontareva claimed that insolvent banks own the regulator some UAH 45.2 billion in terms of refinancing. According to the official, the largest debtors are the following banks: Nadra...

      Denmark seeks to change law on pipelines amid Nord Stream 2 divisions
      Apr10

      Denmark seeks to change law on pipelines amid Nord Stream 2 divisions

      Denmark`s government is proposing amending legislation to allow it to ban pipeline projects on the grounds of foreign and security policy due to concerns raised by Russian efforts to build a disputed gas pipeline through Danish waters. The small Nordic country has been caught in a geopolitical conflict as Russian state gas exporter Gazprom and...

      Ukraine marks first 500 days without Russian gas
      Apr10

      Ukraine marks first 500 days without Russian gas

      It has been 500 days since Ukraine has refused to purchase natural gas from Russian energy monopoly Gazprom, as reported by the press service of Ukrtransgaz, the state-owned operator of the gas transportation system. ”We`ve not been importing gas from Russia for 500 days,” the report says. It is also noted that on April 8, 15.7 million cubic...

      Russian official reacts to possible introduction of new U.S. sanctions
      Apr10

      Russian official reacts to possible introduction of new U.S. sanctions

      A Federation Council member has issued a comment regarding the possibility of new sanctions being introduced by the U.S. government against Russia. ”Trump needs to think three times before imposing new sanctions on Russia,” Federation Council member Alexey Pushkov tweeted. The Russian official believes that in this case, the U.S. president will...

      The Governor of the National Bank of Ukraine Valeria Gontareva announces resignation
      Apr10

      The Governor of the National Bank of Ukraine Valeria Gontareva announces resignation

      The Governor of the National Bank of Ukraine, Valeria Gontareva, has officially announced her resignation. The announcement was made during a Monday press conference in Kyiv. As UNIAN reported, head of the NBU in early March confirmed rumors of her possible resignation, promising to officially warn the public a month prior to the actual date she...

      New Russia sanctions weighed in U.S. Senate over Moscow`s support for Assad
      Apr09

      New Russia sanctions weighed in U.S. Senate over Moscow`s support for Assad

      Senate Majority Leader Mitch McConnell on Friday indicated a willingness to work with Democrats toward drafting new sanctions targeting Russia in response to Moscow`s unwavering support for Syrian President Bashar Assad, according to The Washington Times. See also: U.S. imposes sanctions against eight Russian companies While Russia is already...