Ukraine’s largest state oil producer, Ukrnafta, has expanded the boundaries of its existing special permits in western Ukraine, adding over 3 million tons of oil and 0.6 billion cubic meters of gas to the nation’s reserves, the company’s CEO Serhiy Koretsky reported on Facebook on April 23. “The reason for expanding the boundaries of the special … Read more
Kyiv will not enter into negotiations with Moscow to renew the gas transit contract to Europe expiring in 2024, said Ukrainian gas transit system (GTS) operator official, Andriy Prokofiev. “Ukraine will not offer any capacities for auctions,” Prokofiev stated at the Flame conference, signaling a firm stance against continuing the existing arrangement. The European model for … Read more
Ukraine’s largest private energy company, DTEK, announced on April 22 that it requires $350 million to recover the lost capacity caused by Russia’s attacks on thermal power plants. The company’s Executive Director, Dmytro Sakharuk, said that Ukraine is anticipating electricity shortages during peak periods in summer and winter due to the loss of eight gigawatts … Read more
Ukrenergo can apply limitation schedules for industrial consumers in the context of a shortage in the energy system during the repair campaign at power plants in the spring and summer of this year, said the head of the company, Volodymyr Kudrytsky. According to him, the Ukrainian energy system, after significant destruction of generation as a … Read more
President Volodymyr Zelenskyy does not rule out that after strikes on thermal power generation, Russia will start striking at the infrastructure of nuclear plants, he said during a speech at a special meeting of the European Council on Wednesday. “Russia has already destroyed almost all of our thermal power generation. Dams and equipment of hydroelectric power … Read more
Nova Group has set up a company that will generate energy on a regular basis, including both solar and gas power, the group’s co-owner Volodymyr Popereshniuk announced on Facebook. The newly-created Nova Energy is the seventh company to join Nova Group, which owns Nova Poshta, Ukraine’s leading postal service. “When the Russians started to attack … Read more
The European Network of Transmission System Operators for Electricity (ENTSO-E) approved the accession of NPC Ukrenergo to the European Inter-Transmission System Operator Compensation (ITC) mechanism for compensation of losses during electricity transit from July 1, 2024. “I received a positive message from our colleagues from ENTSO-E, who approved the accession of Ukrenergo to the ITC … Read more
As a result of Russian strikes on Ukraine’s energy grid in March, 80% of DTEK’s thermal generating capacity, available before the largest attack on the energy system on March 22, was damaged or completely destroyed, its CEO Dmytro Sakharuk said. “Yesterday (March 29) there was the second largest attack on our facilities, the largest one … Read more
PJSC Ukrnafta received an additional flow of 138 tonnes of oil per day after steps to intensify production at one of the western fields. “This is 24% more to the production of the entire oil and gas production department of Boryslavnaftogaz,” the company said in a press release on Friday. The company said that seven … Read more
Two thermal power plants of the DTEK energy holding – Burshtynska and Ladyzhynska (Ivano-Frankivsk and Vinnytsia regions) – were severely damaged in an attack by Russian aggressors on the Ukrainian power system on March 22, said DTEK CEO Dmytro Sakharuk. “We lost 50% of the installed capacity. All units at Burshtynska TPP and all at Ladyzhynska TPP … Read more