: :inin Kyiv (EET)

Section: Energy

    Ukrainian enterprises imported gas at $230/thousand cubic meters in December 2016
    Jan13

    Ukrainian enterprises imported gas at $230/thousand cubic meters in December 2016

    The press service of the Ministry of Economic Development and Trade states that Ukrainian companies imported gas from Europe for their own needs at an average price of UAH 6,006.66 ($230.01) per 1,000 cubic meters in the last month of 2016. “The average customs value of imported natural gas, formed in the process of customs clearance in the...

    Ukrainian gas reserves would be enough to meet all needs until the end of the heating season
    Jan12

    Ukrainian gas reserves would be enough to meet all needs until the end of the heating season

    Ukraine has sufficient gas reserves in underground storages until the end of the heating season even if low temperatures remain till the end of the heating period, states Press Service of Vice Prime Minister of Ukraine on the official website. Vice Prime Minister of Ukraine Volodymyr Kistion said that since the beginning of the heating season in...

    Oil prices rose for the first time in 3 days on January 11, 2017
    Jan11

    Oil prices rose for the first time in 3 days on January 11, 2017

    Oil prices rose for the 1st time in three days on January 11, 2017, despite the U.S. government data showing a huge weekly build in U.S. crude and fuel inventories. Oil prices edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, and an early Wall Street rally ahead of a news conference by U.S. President-elect Donald Trump,...

    EU company has to be involved in Ukrainian gas transit – Naftogaz
    Jan08

    EU company has to be involved in Ukrainian gas transit – Naftogaz

    The head of the oil and gas company National Joint-Stock Company (NJSC) Naftogaz of Ukraine, Andriy Kobolyev states that Ukraine needs to get a European company to manage its natural gas transportation system to keep its status as a transit country . “The ultimate goal of the process of creating a separate GTS operator is to involve a...

    Ukraine to receive Azerbaijani oil and produce Euro-5 fuel in 2017
    Jan07

    Ukraine to receive Azerbaijani oil and produce Euro-5 fuel in 2017

    At the end of 2016, the Ukrainian company Kremenchuk Oil Refinery Ukrtatnafta received its first cargo of Azeri Light crude oil with a volume of 80 thousand tons, reports Ukrtatnafta website. “In general, Ukrtatnafta plans to receive a total 1.3 million tons of oil in 2017,” the report states. The first cargo of Azeri Light crude was received by...

    Radiation near Chornobyl nuclear power plant decreased in two times after new arch was built
    Jan05

    Radiation near Chornobyl nuclear power plant decreased in two times after new arch was built

    The press service of the State Specialized Enterprise “Chernobyl NPP” reported on Wednesday, January 4, 2017, that radiation near Reactor №4 of Chornobyl NPP (nuclear power plant) decreased in a half after covering it with a new safety shield. The structure, which is estimated at EUR 1.5 billion, weighs 36,000 tonnes, it`s the largest of this...

    Court intervenes in gas dispute, says Polish utility – Deutsche Welle
    Dec28

    Court intervenes in gas dispute, says Polish utility – Deutsche Welle

    Polish energy concern PGNiG says it`s won a European Court of Justice stay on high-volume gas deliveries by Russia`s Gazprom through the pipeline ”OPAL.” The conduit forwards supplies to the Czech Republic and Germany, according to Deutsche Welle. A European Commission decision in October to enlarge a previous 50-percent cap of Gazprom deliveries...

    Court to consider Gazprom`s appeal on decision of Ukraine Anti-Monopoly Committee over UAH 172 bln fine January 18
    Dec27

    Court to consider Gazprom`s appeal on decision of Ukraine Anti-Monopoly Committee over UAH 172 bln fine January 18

    Russian gas monopoly Gazprom has filed an appeal against the court`s decision granting the Anti-Monopoly Committee of Ukraine the right to impose a UAH 171.932 billion fine against the company for violations of the anti-trust legislation of Ukraine. The hearing is scheduled for January 18, according to the website of Kyiv Economic Court of...

    Ukraine has almost 12.3 bcm of gas reserves left in storage
    Dec26

    Ukraine has almost 12.3 bcm of gas reserves left in storage

    Natural gas reserves in Ukraine`s underground storage facilities (USFs) in the period from Dec 16 and Dec 24 dropped by 3.4%, or 436 million cubic meters – from 12.291 billion cubic meters down to 12.727 bcm, that`s according to the gas transport system operator Ukrtransgaz. According to the state-owned operator, on December 24, some 47.4 million...

    Lithuania Court rules Gazprom to pay EUR 36 mln fine
    Dec23

    Lithuania Court rules Gazprom to pay EUR 36 mln fine

    Lithuanian Supreme Administrative Court (SAC) on Thursday ruled to impose the largest fine in the history of Lithuania, obliging Russian gas concern Gazprom to pay a EUR 35.651 million fine to Lithuania for Gazprom`s refusal to sign off the gas exchange deal with Lietuvos Energija Gamyba (LEG), according to BNS media outlet. Thus, the court...

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