Business news from Ukraine

Business news from Ukraine

RUSSIAN GAZPROM UPS GAS TRANSIT THROUGH UKRAINE

Transit shipments of Russian gas through Ukraine have increased as temperatures in Europe have normalized, data from Gazprom, the Gas Transmission System Operator of Ukraine and European gas transport operators show.

Over the weekend, temperatures in Europe dropped from unusually warm double digits back to average figures for this time of year.

Gazprom pumped 106 million cubic meters of gas through Ukraine on February 27 (nominations for Sunday and Monday are the same), while from February 17 to 26 it pumped an average of 79 mcm per day, with a low of 66.2 mcm on February 20.

The Russian gas giant had booked a far larger amount of transit for February: 123.2 mcm per day, including 109 mcm under its long-term transit contract and an additional 14.2 mcm based on monthly booking.

INDUSTRIAL FISHING IN BLACK SEA IS OPEN

The fishing regime in the Black Sea for 2021 entered into force on March 1.
According to the Ministry of Environmental Protection and Natural Resources of Ukraine on Monday, the approved fishing regime and the rules for catching aquatic living resources in the Black Sea for industrial fishing for this year have determined the tools and places of catch, the requirements for the fishing vessels and the conditions for the spawning prohibition.
According to the Ecology Ministry, the annual limits defining the amount and type of living aquatic resources allowed for catching are presented on the ministry’s website.
According to the documents, in the Black Sea this year, the limit for catching sprat is set at 20,000 tonnes, mullets – 920 tonnes, shrimp – 750 tonnes, grey mullets – 620 tonnes, Black Sea herring – 510 tonnes, and Black Sea turbot – 158 tonnes. The catch of gobies, redlip mullets, European anchovy, sprats, clams and rapa whelks is not limited.
In addition, the Ecology Ministry is currently working on the approval of fishing regimes in fishery water bodies of Ukraine, so that fishermen can start their activities as soon as possible.

UKRAINIAN OFFICIALS WON’T BE ABLE TO HIDE DUAL CITIZENSHIP – MP DUNDA

President of Ukraine Volodymyr Zelensky, through a decision of the National Security and Defense Council (NSDC), set a clear two-month deadline for officials to bring their civil status in line with the law, MP Oleh Dunda (the Servant of the People party faction) believes. “There is a clear signal for the state apparatus: to finally decide which state interests it represents in power,” the parliamentarian said.
In his opinion, it will not work to hide one’s dual or triple citizenship, as well as to hope for a delay in the implementation of the NSDC decision.
“A bill on the settlement of dual citizenship has already been registered in the parliament, the theses of which were used by the NSDC when making its decision,” he says.
In addition, according to Dunda, an order to the Cabinet of Ministers to develop a regulatory framework for checking Ukrainians for dual citizenship within two months will only speed up this process.
To control dual citizenship in Ukraine, a special body will be created that will keep a register of all persons who have not only Ukrainian citizenship. In addition, it is planned to introduce a multi-level verification system.
“Such mechanisms will regulate and legalize dual citizenship in Ukraine. And most importantly, they will not allow people who do not take into account the interests of our country into power. State security should be in all spheres and at all levels,” Dunda said.
As reported, the NSDC instructed the Cabinet of Ministers to develop a legal basis for dual citizenship within two months.
At the end of January, MPs from the Servant of the People faction Oleh Dunda, Oleksandr Aliksiychuk, Dmytro Mykysha registered bill No. 4640 on amendments to certain laws of Ukraine concerning the legal provision of foreign citizenship (nationality) for citizens of Ukraine.

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FIRST FOREIGN MINISTER OF INDEPENDENT UKRAINE ANATOLIY ZLENKO DIES

The first foreign minister of independent Ukraine Anatoliy Zlenko has died at the age of 83, said ex-deputy foreign minister of Ukraine, ex-permanent representative of Ukraine to the EU Kostiantyn Yeliseyev.
“With inexpressible pain I received the tragic news that the first head of the Ministry of Foreign Affairs of independent Ukraine, my teacher and diplomatic father Anatoliy Maksymovych Zlenko has passed away! Everything that I have achieved in diplomacy is thanks to his school of diplomacy. Sincere condolences to the Zlenko family. Eternal memory!” Yeliseyev wrote on Twitter on Monday.
Zlenko was in charge of the Ukrainian Foreign Ministry in 1991-1994 and 2000-2003, and in 1994-1997 he served as the Permanent Representative of Ukraine to the UN.
He began his career as a diplomat in 1967, working in the structures of the Ministry of Foreign Affairs of the Ukrainian USSR, then in the UNESCO Secretariat in Paris. In 1983-1987 he was the Permanent Representative of the Ukrainian USSR to UNESCO, in 1997-2000 – the Permanent Representative of the already independent Ukraine at UNESCO, combining this position with the mission of the post of Ukraine in France and Portugal. In 2004-2005, he represented Ukraine in the UN Commission on Human Rights.
Since September 2010, Zlenko has been Deputy President of the Kyiv Slavic University and headed the Institute of Slavic Studies and International Relations at the university.

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DANISH COMPANY AND DTEK RENEWABLES AGREE TO BUILD FIRST STAGE OF 126 MW WIND FARM

DTEK Renewables and the Danish company for the production of wind turbines Vestas have signed a contract for the construction of phase one of DTEK Tiligulska wind power plant (Mykolaiv region) with a capacity of 126 MW.
According to a press release from DTEK, Financing for the first stage will be drawn from funds raised by DTEK Renewables Finance BV’s green bonds issued in 2019 for an amount of EUR 325 million and with maturity of five years.
“When, in 2019, the first green eurobonds of DTEK Renewables were listed on the European stock exchange, we, as a company, took responsibility for implementing projects in Ukraine… In fact, this is our message to the world: Green energy in Ukraine has a future,” DTEK Renewables CEO Maris Kunickis said.
According to him, DTEK will continue to in clean and affordable energy and develop the renewable energy industry in Ukraine and hopes that the crisis related to non-payments for the renewable energy sector will be resolved soon, and the state policy regarding renewable energy will become understandable and predictable.
President of Vestas Northern & Central Europe Nils de Baar said that the Tiligulska WPP was the first order for the company’s EnVentus platform in Eastern Europe.
“We applaud the ambition of the Tiligulska project, and the confidence shown by DTEK in our technology as we continue to lower the cost of clean, renewable wind energy with the EnVentus platform,” he said.
According to the document, DTEK Tiligulskaya WPP will be equipped with innovative onshore wind turbines Vestas, suitable for low to medium wind speeds, the industrial production of which was launched early 2021. A total of 21 wind turbines with a capacity of 6 MW each will be installed at the wind farm. This model is the largest onshore wind turbine in the Vestas portfolio in terms of rotor size, spanning 162 meters from tip to tip, and its performance is a quarter higher than previous models.
According to DTEK’s calculations, the operation of phase one of the 126 MW wind farm will help reduce CO2 emissions by 504,000 tonnes per year.
The scalability of the Tiligulska wind power plant will also allow it to increase installed capacity to 564 MW, if required.

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OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF MARCH 01

Official rates of banking metals from national bank as of March 01

One troy ounce=31.10 grams

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