NJSC Naftogaz Ukrainy announced that the proposal to postpone payments on eurobonds, which was due to the government’s position to use these funds for natural gas import, did not find support among the eurobond holders and plans to take actions regarding the execution of the company’s eurobonds transaction in connection with the government’s ban on … Read more
NJSC Naftogaz Ukrainy, through the issuer of its eurobonds, Kondor Finance plc, has approached the holders of these securities in the amount of almost $1.5 billion with a proposal to defer coupon payments on them for two years, including postponing the repayment of 2022 eurobonds for $335 million for the same period. “In light of … Read more
The russian army destroyed, damaged, or occupied 90% of wind farms in Ukraine. Energy Minister Herman Halushchenko said this during the international conference on Ukraine’s recovery in Lugano (Switzerland). “When we talk about the production of electricity from the wind, 90% (stations — ed.) are occupied or destroyed,” the minister noted. In addition, the following … Read more
From July 7, Ukraine will start export-import of 50 MW of electricity in the direction of Slovakia, according to information on the website of Ukrenergo. According to the terms of the daily auctions announced today for July 7 (announced two days before the start of delivery), the capacity of electricity exports to Romania, as well … Read more
In a few days, Ukraine will start exporting electricity to the synchronous zone of Continental Europe, Volodymyr Kudrytsky, Board Chairman of NPC Ukrenergo, has said on his Facebook page on Tuesday. “ENTSO-E confirmed on June 27 that Ukrenergo, together with TSOs [Transmission System Operators] of neighboring countries, has successfully met six technical conditions for opening … Read more
By 2030, Ukraine can replace 4.7 billion cubic meters of natural gas per year with biofuels, as well as solar and wind energy, and 13.8 cubic meters by 2050. This conclusion is given in the study of the Biotechnical Association of Ukraine, prepared for the Ukrainian Climate Network (UCN) on the possibilities of replacing natural … Read more
NJSC Naftogaz Ukrainy is negotiating the supply of imported liquefied natural gas (LNG) to Ukraine in the fourth quarter of this year, head of the company Yuriy Vitrenko said at a press conference on Tuesday. “There are certain technological limitations here. Ukraine has never physically imported LNG. We understand that we do not have LNG … Read more
NJSC Naftogaz Ukrainy has been tasked with becoming the so-called national operator in the oil products market in order to ensure fair market prices, Naftogaz Board Chairman Yuriy Vitrenko has said. “The idea is not that the state wants to monopolize this market. But now a powerful state player should appear in the market, in … Read more
NJSC Naftogaz Ukrainy and Clear Energy Group, as part of a joint project, launched a biogas power plant operating at a solid waste landfill in Velyki Hrybovychi in Lviv region on Saturday, the company said in a statement. “Development of low-carbon businesses is a strategic choice of Naftogaz. The biogas power plant constructed here will … Read more
The Cabinet of Ministers is transferring 172 filling stations of the Glusco company to the management of NJSC Naftogaz Ukrainy, Prime Minister Denys Shmyhal has said. “Today, the government will adopt a document by which we transfer 172 Glusco filling stations to the management of the state company NJSC Naftogaz,” Shmyhal said at a government … Read more