Business news from Ukraine

Business news from Ukraine

UKRAINIAN PARLIAMENT APPOINTS STEFANCHUK PARLIAMENT SPEAKER

The Verkhovna Rada has supported the appointment of Ruslan Stefanchuk, who previously held the post of First Deputy Speaker, to the post of Chairman of the Parliament.
The corresponding decision was supported by 261 MPs at a plenary session on Thursday.

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NAFTOGAZ HAS FUNDS TO BUY AND INJECT GAS INTO STORAGE

NJSC Naftogaz Ukrainy has funds for the purchase and subsequent injection of natural gas into underground gas storage facilities (UGS), Ukrainian Energy Minister Herman Haluschenko has said.
“Naftogaz has been provided with the appropriate financial resources to continue accumulating gas further,” he said during a government meeting.
Earlier, the Ministry of Energy said that Ukraine plans to start the heating season 2021/2022 with 19.2 billion cubic meters in UGS.
According to the Interfax-Ukraine agency, Naftogaz will receive funds from Gas Transmission System Operator of Ukraine under the compensation agreement with Ukrtransgaz, recommended by the Cabinet of Ministers of Ukraine for signing in accordance with resolution No. 1187-r dated September 29, 2021.

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CONTAINER TERMINAL COULD BE BUILT IN MARIUPOL

A modern container terminal could be built in the port of Mariupol (Donetsk region) on the territory of the former coal-loading complex, Ihor Barsky, the head of Mariupol seaport.
“In the long term, we have a dream: to turn the territory of the former coal loading complex of the seaport into a modern container terminal,” he said during the NewPort international exhibition in Kyiv.
Barsky recalled that since 2015, the container flow in the Sea of Azov has been completely stopped. Container lines stopped making calls to Azov after the imposition of European and American sanctions on Crimea.
“Now we are working to return container traffic to Azov. We are supported in this issue by the city, the region, the Ministry of Infrastructure. This is a difficult task, but solvable,” he said.
According to him, at present the port has pre-design studies of this terminal, in the future a feasibility study will be ordered.
“Now we are liquidating the loading complex, selling the equipment that is there, and preparing this serious investment site. How much it will cost – I can’t say yet. We can talk about this when the feasibility study is completed,” Barsky summed up.

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GAS PRICE IN EUROPE TOPS $1,900/1,000 CUBIC METERS

The price of the nearest (November) futures for TTF on the ICE Futures exchange on Wednesday afternoon reached 161 euros per MWh, or $1,924/1,000 cubic meters, according to exchange data.
Only this morning, the price of November futures topped $1,500/1,000 cubic meters.
All in all, the average value of the day-ahead contract at the TTF hub in the Netherlands, Europe’s main gas platform, was $759/1,000 cubic meters in September.
Europe, with a general shortage of gas supplies (by pipeline and in liquefied form), is being forced to compete for LNG with the premium Asian market.
Gas prices in Europe have recently had had an inextricable impact on Gazprom share prices.

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REGISTRATION OF ELECTRIC VEHICLES IN UKRAINE IN JAN-SEPT INCREASES BY 7.8%

Registrations in Ukraine of new and used electric vehicles in January-September 2021 increased by 7.8% compared to the same period in 2020, to 5,854 vehicles, including 12.8% of registrations accounted for new ones, the Federation of the Automotive Industry of Ukraine has said. According to a message on the federation’s website on Monday, citing data from the Ministry of Internal Affairs, in the third quarter the number of registrations (primary ones plus cars imported from abroad with customs certificates or declarations) increased by 21.7% compared to the first quarter of this year and by 11.7% compared to the third quarter of last year, up to 2,303 vehicles.
“The third quarter turned out to be the most successful in the entire electromobility history of Ukraine,” the federation says.
The federation also notes that the share of new cars in total registrations is gradually increasing (according to the results of the first half of the year, it was 10.3%).
The first and second places in registrations are traditionally occupied by Nissan and Tesla, but their sales have been declining for several months (compared to last year) – over the nine months of registration, Nissan decreased by 5%, to 1,657 cars, and Tesla – by 25%, to 1,150 cars.
At the same time, Chevrolet, occupying the third position, more than doubled its share – from 296 cars to 666, and Chevrolet Bolt EV is the second most popular model after Nissan Leaf, accounting for 10.8% of the market (the leader has 26.7%).
Sales growth was also shown by Renault (by 68%), Volkswagen (by 11%), Hyundai (3%), Audi (93%), Mercedes-Benz (by 14%), which ranked further in the ranking.
According to the graphical data provided in the message, cars of 2017 production year (1,107 units), 2019 production year (946 units) and 2018 production year (819 units) continue to be registered most often, and cars of 2021 production year have 380 registrations.
The federation also notes that in September this year, registrations of electric vehicles increased by 28% compared to September last year and by 16% compared to August this year, to 846 units.

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