JSC “Ukrgasvydobuvannya” (UGV) transferred UAH 10.1 billion of rent payments to the consolidated budget of the country as of January-May 2023, which is 1.89 billion more than in the first four months of the year (8.21 billion UAH), the company said on its website on Monday.
“Of this amount, 5% or 505.7 million UAH will go to the budgets of local and regional levels in 11 regions where the company produces hydrocarbons,” the UGV informed.
The rent money will be allocated among the regions as follows: Kharkiv region – 243.48 million UAH, Poltava region – 214.2 million UAH, Lviv region – 23.28 million UAH, Dnipropetrovsk region – 13.71 million UAH, others – 11 million UAH.
At that, the company reminded that the amount of rent payments is calculated in accordance with the sales price of natural gas by Ukrhazvydobuvannya in favor of Naftohaz Ukrainy.
As previously reported, Ukrhazvydobuvannya intends to increase its own extraction of natural gas in 2023 by 1 billion cubic meters, to 13.5 billion cubic meters. In 2022, the company produced 12.5 billion cubic meters of natural gas (commercial), which is 3% less than in 2021.
Naftohaz Ukrayiny owns 100% of Ukrhazvydobuvannya shares.
Changes in revenue of consolidated budget in 2014-2023 (%)
Source: Open4Business.com.ua and experts.news
TAS Insurance Group (Kyiv) has paid UAH 508.88 mln under insurance contracts within the first five months of 2023, which is 32.3% more than during the same period last year, according to the insurer’s website.
Thus, UAH 158,5 mln was paid out on CASCO contracts, which makes 31,15% of the total reimbursements of the insurer and exceeds the mentioned index for the five months of 2022 by 50,9%.
More than a third or 38,09% corresponded to CMTPL – UAH 193,82 mln (+19%), 17,34% to payments on “Green Card” (UAH 88,25 mln, +94,8%), 10,08% to the contracts of voluntary medical insurance (UAH 51,3 mln).
TAS IG has paid UAH 4,11 mln. according to the property insurance contracts for five months. The Company’s payments under other insurance contracts in January-May amounted to 12.9 mln.
TAS IG was registered in 1998. It is a universal company offering customers more than 80 types of insurance products in various types of voluntary and compulsory insurance. It has an extensive regional network of 28 regional directorates and branches.
Carlsberg Group invested UAH 1.5 billion in opening of new production line at Kyiv brewery, which will enable to increase production output in cans by 80%, as the press service of the brewery reported.
“An important player on the world stage and industry leader, Carlsberg believes in Ukraine and is ready to invest in it at a time when Ukraine continues to fight against Russian aggression. This is another example of close Danish-Ukrainian partnership. Denmark is one of the closest partners of Ukraine. We cannot wait for peace to come. We have to start now and create concrete results. This is what Carlsberg does here”, – Ole Egberg Mikkelsen, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Denmark to Ukraine, said during his visit to the plant on Monday.
According to the report, the peculiarity of the new line is modern technology, full automation, compliance with the safety requirements of the operating personnel and the safety of the product produced on it.
“Safe working conditions, excellent product quality and high technological effectiveness of the production process are our priorities. And the new production line is one of the effective tools that help us to implement these priorities. Carlsberg Group supports us all the time, because it believes not only in us as a business, but also in Ukraine as a whole, “- said Oleg Haidakin, Chief Executive of Carlsberg Ukraine.
Carlsberg Ukraine is a part of Carlsberg Group, one of the leading brewery groups in the world, the products of which are sold in over 150 countries. Carlsberg Group started its operation in Ukraine in 1996 and since then it has invested over EUR 1 billion in the construction of its enterprises, and employs over 1500 people.
Carlsberg Group in Ukraine includes three breweries in Zaporozhye, Kiev and Lvov. At the beginning of the war the company suspended operations at all three breweries. In 2023 the company gradually resumed the work of the breweries: in March the Lviv brewery was launched where at first only water was produced for humanitarian needs, then in May – the Kiev brewery, in July – the Zaporozhye brewery.
Carlsberg portfolio in Ukraine includes beer, cider and soft drinks such brands as “Lvivske”, Robert Doms, Baltika, Carlsberg, Tuborg, Kronenbourg 1664, “Arsenal”, “Kvas Taras”, Somersby, Guinness, Seth & Riley’s Garage, Warsteiner, Grimbergen and others.
Oil prices are falling on Tuesday on signals that the stimulus measures in China are not enough to push the country’s economy and demand for oil to robust growth.
The day before, analysts at several investment banks, including Goldman Sachs Group Inc. worsened forecasts for the Chinese economy.
The People’s Bank of China (PBOC, the country’s central bank) on Tuesday lowered its benchmark one-year lending rate (LPR) by 10 basis points (bps) to 3.55% per year. The rate on five-year loans was lowered to 4.2 percent from 4.3 percent per annum, the NBK said in a statement. The rates were lowered for the first time since August 2022.
August Brent crude futures on London’s ICE Futures exchange were at $75.82 a barrel by 8:20 a.m. Tuesday, down $0.27 (0.35%) from the previous session’s closing price. Those contracts fell $0.52 (0.7%) to $76.09 a barrel on Monday.
The price of WTI crude futures for July at electronic trades of NYMEX fell by $0.9 (1.25%) to $70.88 per barrel by that time. The day before, WTI was not traded in the main due to a holiday in the U.S.
Oil prices may end in the negative for the second quarter in a row on the background of sufficient supply in the market and expectations of weakening demand in the context of tightening of monetary policy by the world’s major central banks.
The rate of climate warming in Europe since the 1980s is faster than the global average, the World Meteorological Organization (WMO) said Monday.
“Since the 1980s, the rate of warming in Europe has been twice the global average, with far-reaching effects on the region’s socio-economic structure and ecosystems,” the WMO said in a press release for its State of the Climate in Europe 2022 report.
It is noted that the air temperature in Europe last year was about 2.3 degrees Celsius above the average pre-industrial level (1850-1900), which is used as a baseline under the Paris Agreement on Climate.
At the same time, the report said, for the first time in the EU, the amount of energy produced by renewable sources exceeded that produced by natural gas.
“For the first time in the EU, more electricity was produced from wind and solar than from natural gas,” said WMO Secretary General Professor Petteri Taalas.
The study also indicated that last year “sea surface temperatures in Europe reached new highs, accompanied by sea heat waves,” and there was “unprecedented melting of glaciers.”
According to the report, Europe had its warmest summer on record in 2022.
