Ukraine’s President Volodymyr Zelensky has met with Chinese business representatives to discuss investment and the two sides made a preliminary list of joint projects with a potential investment of around $10 billion.
“The meeting attendees made a preliminary list of projects with an investment potential of around $10 billion, which Ukraine is planning to implement jointly with Chinese companies of private and public ownership. The projects will be coordinated by the national investment board led by the president,” the presidential press service said.
“We spend a lot of effort to attract investors to Ukraine. We are ready to protect investments. That requires a new parliament and government as well as our desire,” Zelensky told his guests.
He offered to discuss the potential investment in infrastructure development, agriculture and gas field development in Ukraine.
“One issue is to build a concession road around Kyiv,” Zelensky said.
For their part, representatives from a Chinese state corporation, which specializes in building military infrastructure, told about projects they could implement in Ukraine at their expense.
Representatives from a private Chinese company, which owns one of the world’s top 500 biggest banks, suggested a number of projects on infrastructure, agriculture, energy efficiency and financial services.
The license allows the full-scale construction of buildings with a medium and significant consequences classes (CC2, CC3).
“Obtaining a license is a logical continuation of the company development in the highest quality construction materials supply and services provision,” said Andriy Ozeychuk, Rauta director.
Rauta offers comprehensive construction solutions and is the exclusive supplier to Ukraine of commercial products from the Finnish concern Ruukki.
Now, in addition to the building materials supply (sandwich panels, ventilated facades, prefabricated buildings), the company carries out a full scope of construction and installation works (foundations, steel, concrete and wooden structures installation, restoration, installation of equipment, etc.), installation of engineering networks (water supply, heating, ventilation, power supply, etc.), and also performs a general contracting.
Poltava Petroleum Company, a subsidiary of British-based JKX Oil & Gas plc, has successfully completed drilling the third (IG142) well since the beginning of the year (Ihnativske field), having received an average daily production rate of 152,000 cubic meters of gas and 709 bpd (barrel per day) of oil and condensate, JKX reported on the London Stock Exchange’s website.
The company said such results had significantly exceeded expectations.
“This is the fourth successful new well drilled by the Ukrainian subsidiary of JKX, Poltava Petroleum Company, since the approval of the five-year development plan,” the report says.
Poltava Petroleum Company is one of the largest non-state oil and gas companies in Ukraine. It owns five extraction licenses (Rudenkivske, Ihnativske, Novomykolaivske, Molchanivske, Yelyzavetivske deposits) and one license for geological exploration (Zaplavska deposit).
JKX Oil & Gas is engaged in the exploration and production of hydrocarbons in Ukraine, Russia, Hungary, and Slovakia.
Ukraine in June 2019 increased electricity generation from renewable energy sources by 2.8 times (by 378.3 million kWh) compared to June 2018, to 585 million kWh.
According to data from the Ministry of Energy and Coal Industry, available to Interfax-Ukraine, production of electricity from renewable energy sources in January-June 2019 increased by 1.9 times compared to the same period last year, to 2.372 billion kWh.
The share of renewable energy in the structure of electricity production in June 2019 reached 5% against 1.8% in June 2018, while the share of renewable energy in the first half of this year was 3% against 1.5% in January-June 2018.
As reported, as of the end of the first half of the year, the installed capacity of renewable energy facilities reached 3,634 MW, in particular that of solar plants some 2,640 MW, wind plants 776.6 MW, biomass plants 51.3 MW, and biogas stations some 66.4 MW.
President of Ukraine Volodymyr Zelensky, by his decrees, has dismissed Ukrainian ambassadors in 11 countries. Presidential decrees dismiss Valeriy Chaly from the post of Ukrainian ambassador to the U.S., to Antigua and Barbuda and Trinidad and Tobago (part-time), Ambassador of Ukraine to Armenia Petro Lytvyn, and Ambassador to Turkmenistan Valentyn Shevaliov, the official website of the president reported.
Ambassador of Ukraine to the Republic of Cyprus Borys Humeniuk, ambassador to Argentina and part-time to Paraguay, Uruguay and Chile, Yuriy Dudin, were dismissed.
Ambassador to Vietnam and part-time to Cambodia, Oleksiy Shovkoplias, ambassador to Morocco Yaroslav Koval, and ambassador to Jordan Serhiy Pasko, were also dismissed.
Zelensky fired ambassador of Ukraine to Nigeria and part-time to Ghana, Benin and Sierra Leone, Valeriy Aleksandruk, and ambassador to South Africa Taras Kuzmych.
In addition, Ambassador of Ukraine to Vatican and part-time to the Sovereign Military Hospitaller Order of Saint John of Jerusalem, of Rhodes and of Malta, Tetiana Izhevska, was also dismissed.
Ukraine as of July 19, 2019 had threshed early grains and leguminous crops on an area of 6.1 million hectares (63% of the forecast), harvesting 21.6 million tonnes of grain, the Ministry of Agrarian Policy and Food of Ukraine has reported.
According to its data, farmers harvested 15.4 million tonnes of wheat from an area of 4.1 million hectares (63% of the forecast), 5.6 million tonnes of barley from 1.7 million hectares (69% of the forecast), 537,000 tonnes of peas from an area of 237,000 hectares (84% of the forecast).
In addition, farmers harvested 32,000 tonnes of rye from 12,000 hectares (10% of the forecast) and 12,000 tonnes of oats from 5,000 hectares (3%).
Farmers continue harvesting winter rapeseeds, having threshed 2.4 million tonnes from an area of 1 million hectares (79% of the forecast).
As reported, the ministry predicts the increase in the grain yield in 2019 under favorable conditions to 70.8 million tonnes against 70.1 million tonnes in 2018.
The USDA estimates grain harvest in Ukraine this year at 72.6 million tonnes, exports at 51.4 million tonnes.
