: :inin Kyiv (EET)

Section: Energy

    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...

    Gazprom signs contract to build Turkish Stream`s offshore section
    Dec09

    Gazprom signs contract to build Turkish Stream`s offshore section

    Russian gas monopoly Gazprom has signed a contract to build the first line of the offshore section of the Turkish Stream pipeline bypassing Ukraine in the Black Sea, the information department of Gazprom told UNIAN. ”Today in Amsterdam, the company South Stream Transport B.V. signed a contract with Allseas Group S.A. for the construction of the...

    Ukraine position on trilateral gas talks: winter package similar to previous seasons
    Dec09

    Ukraine position on trilateral gas talks: winter package similar to previous seasons

    ”The objective of talks is to find consensus on a new winter package, which would be similar in terms of its content to those that we had in 2014 and 2015, to ensure that this winter Gazprom is able to sell gas, while the Ukrainian side – to buy it. We hope that as the outcome of tomorrow`s debate (I use the word ”hope” because we know that the...

    Slovak gas cheaper than gas offered by Gazprom – Naftogaz CCO
    Dec08

    Slovak gas cheaper than gas offered by Gazprom – Naftogaz CCO

    Naftogaz of Ukraine Chief Commercial Officer (CCO) Yuriy Vitrenko says that the price of natural gas Ukraine currently buys from the Slovak Republic is lower than the price of the gas Russia`s giant Gazprom may sell at in the first quarter of 2017. ”The price of Gazprom gas is now not $140-160 as Yulia Tymoshenko states, but $178-183 per 1,000...

    Ukrnaftoburinnia falls out of OPP privatization bid
    Dec07

    Ukrnaftoburinnia falls out of OPP privatization bid

    Ukrnaftoburinnia oil company has refused to participate in a tender for the privatization of 99.6% state-owned shares in the Odesa Port-Side Chemical Plant (OPP), scheduled for Dec. 14, with a starting price at UAH 5.16 billion (about $200 million), deputy chief of the company`s legal department Taras Metenko told UNIAN. ”Yes, we have refused to...

    Naftogaz buys 1.8 bcm of gas from European suppliers by means of EBRD loan
    Dec07

    Naftogaz buys 1.8 bcm of gas from European suppliers by means of EBRD loan

    Ukraine`s oil and gas giant NJSC Naftogaz of Ukraine in August-October bought 1.8 billion cubic meters of gas from the European companies Axpo Trading AG, CEZ, Engie SA, Eni Trading & Shipping S.p.A., RWE Supply & Trading GmbH and Uniper Global Commodities SE at the expense of the credit line of the European Bank for Reconstruction and...

    Law on setting up independent regulator of energy market to enter into force Dec 8
    Dec07

    Law on setting up independent regulator of energy market to enter into force Dec 8

    The Law on the National Energy and Utilities Regulation Commission, adopted by the Verkhovna Rada of Ukraine September 22, which provides for the establishment of an independent regulator of the energy market of Ukraine in accordance with European regulations, is now published in the Cabinet`s official newspaper Uriadoviy Kurier. The law will...

    No peace deal with Gazprom to come in Stockholm arbitration – Naftogaz CEO
    Dec07

    No peace deal with Gazprom to come in Stockholm arbitration – Naftogaz CEO

    Andriy Kobolev, the CEO of Ukraine`s state-owned oil and gas company Naftogaz, does not consider the possibility of reaching an amicable agreement in gas dispute with the Russian gas monopoly Gazprom in the Stockholm arbitration court. ”There were no attempts of a settlement agreement, and it is impossible in this situation, since there is a...

    Naftogaz CEO: New gas pipelines bypassing Ukraine to reduce cost of domestic GTS fivefold
    Dec06

    Naftogaz CEO: New gas pipelines bypassing Ukraine to reduce cost of domestic GTS fivefold

    The construction of the Turkish Stream gas pipeline in the form of two lines and the Nord Stream 2, which is actively lobbied by the Russian gas monopoly Gazprom, will deprive Ukraine of a $ billion income a year, as well as lower almost fivefold the cost of the Ukrainian gas transportation system (GTS), Naftogaz CEO Andriy Kobolev told one of...

    Naftogaz CEO: Ukraine may buy Russian gas but only on its own terms
    Dec06

    Naftogaz CEO: Ukraine may buy Russian gas but only on its own terms

    Ukraine may purchase Russian gas in the current heating season, but only on its own terms of price and delivery, Naftogaz CEO Andriy Kobolev said on one of TV channels. ”There is no politics in this issue. This is law and commerce. We are always interested in having a wide range of suppliers. If Gazprom agrees to our conditions, we will sign an...

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