Section: Energy

      EU calls to undo the trade blockade of Russian-occupied Donbas
      Feb16

      EU calls to undo the trade blockade of Russian-occupied Donbas

      The European Union has called for ceasing a railway blockade in Donbas, which Brussels believes may trigger an energy crisis in Ukraine, affecting civilian population on both sides of the contact line, according to the EU spokesman`s comment to an UNIAN correspondent. ”The blockade of railway connections between the areas under the control of the...

      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...