Section: News & Summaries

      Stockholm gas dispute: Naftogaz does not rule out bankruptcy in case of loss to Gazprom
      Mar22

      Stockholm gas dispute: Naftogaz does not rule out bankruptcy in case of loss to Gazprom

      Commercial Director of NJSC Naftogaz of Ukraine Yuriy Vitrenko does not rule out bankruptcy in case it loses its dispute with the Russian energy giant Gazprom in the Stockholm Arbitration Chamber, Novoye Vremia magazine reports. ”The state is not liable for the obligations of Naftogaz. Naftogaz will just go bankrupt. Our assets will be auctioned...

      Ukrainian Parliament calls on U.S. Congress to make Ukraine Major Non-NATO Ally
      Mar22

      Ukrainian Parliament calls on U.S. Congress to make Ukraine Major Non-NATO Ally

      Ukraine`s Verkhovna Rada has urged the United States Congress to conclude a mutual defense treaty with Ukraine and grant the country Major Non-NATO Ally (MNNA) status, according to an UNIAN correspondent. A relevant decision was supported by 232 out of the 327 MPs registered in the session hall. ”In accordance with the spirit and letter of the...

      Ukraine`s largest steelmaker ArcelorMittal Kryviy Rih almost doubles profits in 2016
      Mar22

      Ukraine`s largest steelmaker ArcelorMittal Kryviy Rih almost doubles profits in 2016

      Ukraine`s largest steelmaker ArcelorMittal Kryviy Rih posted a net profit of UAH 2.7 billion for 2016, which was nearly twice the net profit of UAH 1.38 billion (US$51.348 million) reported in 2015, the company press center told UNIAN. Net income from the sales of the plant`s products amounted to UAH 52.96 billion, while capital investments stood...

      U.S. says Tillerson could attend rescheduled NATO meeting – media
      Mar22

      U.S. says Tillerson could attend rescheduled NATO meeting – media

      The United States has left open the possibility that Secretary of State Rex Tillerson could attend a NATO foreign ministers meeting if it was rescheduled to another date, according to Radio Free Europe/Radio Liberty (RFE/RL). The announcement came less than a day after the State Department said Tillerson would skip an early April NATO gathering...

      Security Service of Ukraine reacts to Lukashenko`s allegations about ”militant camps” in Ukraine
      Mar22

      Security Service of Ukraine reacts to Lukashenko`s allegations about ”militant camps” in Ukraine

      Head of the SBU chief`s staff Oleksandr Tkachuk has said the SBU Security Service of Ukraine has requested that their Belarusian counterparts explain what Belarus President Alexander Lukashenko had meant by speaking about ”militant camps” established in Ukraine, according to the political news online newspaper Ukrayinska Pravda. ”As for the...

      Ukraine`s Naftogaz cuts gas prices for industry by 10.3% from April 1
      Mar22

      Ukraine`s Naftogaz cuts gas prices for industry by 10.3% from April 1

      Oil & gas giant NJSC Naftogaz of Ukraine from April 1, 2017, will cut the minimum price of natural gas sold to industrial consumers by 10.3%, to UAH 7,675.2 per 1,000 cubic meters from UAH 8,553.6 per 1,000 cubic meters in March 2017, the company said in a statement. At the same time, the maximum prices of natural gas for industrial...

      Russia underplayed losses in recapture of Syria`s Palmyra
      Mar22

      Russia underplayed losses in recapture of Syria`s Palmyra

      Russia`s force in Syria has suffered losses since late January more than three times higher than the official toll, according to evidence gathered by Reuters, a tally that shows the fight in Syria is tougher and more costly than the Kremlin has disclosed. Eighteen Russian citizens fighting alongside Moscow`s allies, the Syrian government forces,...

      UK Mission to the United Nations notes ”under-reported facet” of violence in eastern Ukraine
      Mar22

      UK Mission to the United Nations notes ”under-reported facet” of violence in eastern Ukraine

      The UK Mission to the United Nations Geneva has pointed out to an ”under-reported facet” of violations of human rights, including conflict-related sexual violence, in Russia-occupied Donbas. ”The UK welcomes the Office of the United Nations High Commissioner for Human Rights (OHCHR) thematic report into conflict-related sexual violence, which...

      Pro-Russian separatists from ”Donetsk People`s Republic” opened office in Greece
      Mar22

      Pro-Russian separatists from ”Donetsk People`s Republic” opened office in Greece

      The so-called ”Donetsk People`s Republic” (”DPR”) has opened an unofficial office in Greece on Tuesday, according to the Russian news agency TASS. ”It is the third such center opened in European Union states,” so-called head of the ”DPR” representation center in Greece and a co-organizer of Greece`s Safe Donbas society Andreas Zaferis said at an...

      Russia`s Sberbank looking at quick exit from Ukraine
      Mar22

      Russia`s Sberbank looking at quick exit from Ukraine

      Russia`s biggest bank Sberbank is looking ”very actively” at options for a quick exit from Ukraine, the bank`s Chief Executive German Gref said on Tuesday, March 21, Reuters reported. Gref also told reporters that Sberbank`s loan-loss provisions in Ukraine made up around 70 percent of its potential losses, according to Reuters. Ukraine recently...