The accession of Skhidny Mining and Processing Plant to National Nuclear Energy Generating Company Energoatom will have a positive effect on the former’s performance, but it must be preceded by a number of measures, including the corporatization of Energoatom, Energy Minister Herman Haluschenko has said.
“We are working out this way of joining. To do this, we need to take certain actions, in particular, to properly corporatize Energoatom. We are moving in this direction,” he said during question hour in the Verkhovna Rada on Friday.
At the same time, the minister said Skhidny Mining and Processing Plant, represented by Energoatom, has a single counterparty, and the support from the General Company “will solve many issues.”
As reported, at the end of October 2021, Head of Energoatom Petro Kotin noted the impossibility of merging the company with Skhidny Mining and Processing Plant due to its loss, but at the same time expressed hope for financial recovery of the company with the appointment of new head on October 6 Serhiy Shovheli.
Haluschenko earlier said Skhidny Mining and Processing Plant could not join Energoatom. He cited the EBRD and Euratom loans as the reason. However, he said that an alternative to accession could be a transfer to the management, which is working on the ministry.
At the same time, the minister considers it quite logical that Energoatom wants to gain control over Skhidny Mining and Processing Plant when it spends money on it.
The concept of stabilization and further development of Skhidny Mining and Processing Plant by transferring it to Energoatom provided for financial contributions to it by the generating company by reducing the contributions of part of the net profit to the state budget, the Ministry of Energy said at the time.
Energoatom, based on the results of its activities in 2022, must allocate half of its net profit to the budget, provided that the second half is directed to the implementation of an investment program.
The corresponding decision is enshrined in resolution No. 134 of February 16, 2022 on amending the procedure for deductions of a part of net profit (income) to the state budget by state unitary enterprises and their associations, published on Friday on the Uriadovy Portal.
“The share of net profit deducted by Energoatom based on the results of financial and economic activities in 2022 is determined in the amount of 50%, provided that 50% of net profit (income) from its activities is directed to the implementation of the investment program,” the resolution says.
According to Energy Reform, the government has yet to make a decision on the amount of deductions based on the results of 2021.
The NATO leadership has decided to transfer the personnel of its Ukrainian mission to Lviv and Brussels in connection with Russia’s invasion of Ukraine, Oksana Musiyenko, press officer of the NATO Information and Documentation Centre, told Suspilne.
“NATO and allied countries are monitoring and assessing the situation very closely and continue to take all necessary measures. The safety of our personnel is a top priority, so the personnel have been transferred to Lviv and Brussels,” Musiyenko said.
At the same time, she noted that NATO offices in Ukraine continue to work.
Representatives of Ukrainian business faced difficulties in implementing a system for monitoring, reporting and verifying greenhouse gas emissions, the European Business Association (EBA) said.
In particular, there is a shortage of verifiers to validate the emissions data of about 400 companies for a month and a half, according to its statement on Friday.
The EBA said that under the law on greenhouse gas emissions, companies must submit the first verified reports along with approved monitoring plans for the recent year by March 31, 2022. To date, according to ISO 14065:2015 national standard, only three verifier companies have been accredited, and two of them have appeared in the last two weeks, association said.
The EBA believes that in the current situation it will be necessary to extend the deadlines for submitting reports or provide conditions for the temporary submission of unverified reports.
According to the association, these negative aspects may lead to the application of sanctions against companies, in particular, by the State Environmental Inspectorate. Therefore, the EBA considers it expedient “to exclude the relevant issues on the subject of inspections of environmental inspectors.”
“Only verified data on CO2 emissions will allow companies to prove the effectiveness of the measures taken to decarbonize production and maintain a competitive position in the European market… That is why the European Business Association turned to the Prime Minister with a request to intervene and facilitate the involvement of all stakeholders in the dialogue: business, the Ministry of Ecology, State Environmental Inspectorate,” coordinator of the Committee for Industrial Ecology and Sustainable Development of the European Business Association Olha Boiko said.
In addition, businesses need to clarify the mechanism for calculating and paying the eco-tax for carbon emissions in order to create a full-fledged emissions trading system in Ukraine, the association said.
“If earlier there was no clear unified methodology for calculating emissions, now after the introduction of unified approaches, the data of some companies may change significantly,” the EBA said.
The United States does not intend to send its military to Ukraine, but provides financial assistance, U.S. President Joe Biden has said.
“We will not send troops in to fight in Ukraine, but we will continue to support the Ukrainian people. Some $460 million in aid: from Javelin missiles to ammunition. Also, $100 million is humanitarian aid and economic support for Ukraine,” Biden said during a press conference from the White House on Friday.
He added that earlier the United States had announced $100 million in guarantees a week earlier.
“Thus, the United States will provide assistance to the Ukrainian people,” he said.
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