: :inin Kyiv (EET)

Section: Energy

    Ukraine not to buy Russian gas this winter
    Dec16

    Ukraine not to buy Russian gas this winter

    Ukraine`s national energy holding Naftogaz of Ukraine until March 2017 does not intend to buy natural gas from Russia, company CEO Andriy Kobolev told a briefing Thursday. ”Most likely, until the end of winter, we will not buy gas from Russia,” he said. Kobolev noted that in case of signing an additional agreement with the supplier of Russian...

    Ukraine’s Energoatom has its 2016 financial plan approved by year-end
    Dec15

    Ukraine’s Energoatom has its 2016 financial plan approved by year-end

    Ukraine`s Cabinet of Ministers on December 14 approved a financial plan of national nuclear power generation holding Energoatom for 2016, which sets power generation at 74.2 billion kWh as a target. Under the plan, total tax payments to the budgets of all levels are set at UAH 8 billion by the end of the year, the Ukrainian Energy and Coal...

    Oil prices stabilize after Fed hike as tighter market looms
    Dec15

    Oil prices stabilize after Fed hike as tighter market looms

    Oil prices stabilized on Thursday as a tighter market looms in 2017 due to planned output cuts led by OPEC and Russia, after sharp declines earlier following Wednesday`s U.S. interest rate increase that drove investors out of commodities, according to Reuters. International Brent crude oil futures were trading at $54.02 a barrel at 0428 GMT, up...

    Ukrainian gas giant Naftogaz forecasts $805 mln in profit in 2016
    Dec14

    Ukrainian gas giant Naftogaz forecasts $805 mln in profit in 2016

    Ukraine`s oil and gas giant NJSC Naftogaz of Ukraine expects to earn UAH 21 billion, or about US$805 million, in profit in 2016, according to the company`s CEO. ”It`s about UAH 21 billion,” Naftogaz CEO Andriy Kobolev said on TV. As UNIAN reported earlier, Naftogaz in 2015 posted UAH 25 billion in net loss, whereas in 2014 its net loss was...

    Naftogaz CEO assesses Ukraine`s gas transport system at 30 bln USD
    Dec14

    Naftogaz CEO assesses Ukraine`s gas transport system at 30 bln USD

    Andriy Kobolev, CEO of Ukraine`s oil and gas giant JSC Naftogaz of Ukraine, assesses the value of Ukraine`s gas transport system at US$30 billion. ”We assess it at a figure close to $30 billion,” he said on TV. Kobolev earlier said that the construction of such gas pipelines as the Turkish Stream and Nord Stream 2 – the latter is actively lobbied...

    Putin complains to Merkel of Ukraine`s ”reluctance” to agree on gas purchases
    Dec14

    Putin complains to Merkel of Ukraine`s ”reluctance” to agree on gas purchases

    Russian President Vladimir Putin has complained to German Chancellor Angela Merkel of Ukraine`s ”reluctance” to coordinate an agreement on Russian gas purchases, according to the Kremlin. ”The two leaders continued to discuss the situation around Russian gas deliveries to European consumers via Ukrainian territory. Vladimir Putin again expressed...

    Large gas field discovered in Ukraine on Black Sea shelf
    Dec14

    Large gas field discovered in Ukraine on Black Sea shelf

    The state-owned ”Iskatel” (Searcher) research vessel has discovered offshore deposits of natural gas in Odesa region, according to the press service of the State Service of Geology and Mineral Resources of Ukraine. The vessel has completed the first phase of its offshore operations in the northwest part of the Black Sea shelf, the press service...

    Ukrainians should shrink gas consumption at least threefold – Ukraine PM
    Dec14

    Ukrainians should shrink gas consumption at least threefold – Ukraine PM

    Ukraine in 2017 plans to increase own gas production by 500 million cubic meters and by 2020 to cover all of its fuel needs, Prime Minister Volodymyr Groysman reported via Twitter. ”This year we have increased our own [gas] production by 50 million cubic meters. Next year we will increase it by 500 million cubic meters,” wrote Groysman. ”By 2020,...

    Ukrtransgaz: the Russian gas monopoly Gazprom continues to violate conditions of gas transit contract
    Dec13

    Ukrtransgaz: the Russian gas monopoly Gazprom continues to violate conditions of gas transit contract

    Gazprom continues to violate conditions of gas transit contract – UkrtransgazThe Ukrainian company intends to publish information about the pressure at the entrance to Ukraine`s gas transportation systems each Tuesday in order to inform its European partners and the public. The Russian gas monopoly Gazprom continues to violate the terms of...

    Trilateral gas talks proved once again useful – Vice-President of the European Commission
    Dec10

    Trilateral gas talks proved once again useful – Vice-President of the European Commission

    Vice-President of the European Commission in charge of the Energy Union Maros Sefcovic is positive about the outcome of a recent round of trilateral gas talks between the European Commission, Russia and Ukraine, claiming the trilateral format has again proved to be useful. ”The trilateral format has again proven its usefulness today. Facilitated...

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