Ukraine in January-February 2020 increased export of poultry by 4.2%, to 66,270 tonnes, the State Customs Service has reported. According to its report, in monetary terms exports of these products decreased 7.1%, to $81.9 million.
In January-February 2020, import of poultry and offal decreased by 41.2% and amounted to 12,760 tonnes, in monetary terms by 35.1%, to $5.56 million.
In addition, according to the agency, pork exports in January-February 2020 amounted to 364 tonnes, which is 3.2 times more than in January-February 2019. These products were delivered for a total of $1.07 million (4.6 times more).
Pork imports to Ukraine January 2020 decreased by 54.6%, to 1,970 tonnes. Pork was imported to the country for $3.93 million, which is 50% less than the figure for January-February 2019.
As reported, Ukraine in 2019 increased export of poultry by 26%, to 414,490 tonnes. Import of poultry and offal increased by 0.6% and amounted to 131,180 tonnes. Pork exports in 2019 amounted to 2,260 tonnes, which is 28.6% more than in 2018. Pork imports to Ukraine last year decreased by 18.8%, to 23,190 tonnes.
The banking system is super liquid, its liquidity reaches UAH 200 billion in the hryvnia and $9 billion in foreign currency, Oleg Churiy, the deputy governor of the National Bank of Ukraine (NBU), has said. “The banking system today is super liquid. In general, liquidity reaches UAH 200 billion in the national currency and $9 billion in foreign currency. This is enough to satisfy the demand. For example, the demand for withdrawing deposits, if any,” Churiy said at a press briefing in Kyiv.
“We have instruments to support this liquidity,” the banker added.
“We do not see any changes in the banks’ deposit portfolios. Even if such processes begin, we will support the banks with liquidity, which will be operated by commercial banks,” he added.
The sale of wood without electronic centralized records will be considered illegal from April 2020 and will be subject to additional checks by law enforcement authorities, Head of the State Forest Resources Agency Andriy Zablotsky has said. “95% of all wood logged by forestry enterprises in Ukraine is subject to electronically record-keeping. With dry figures, this means that 526 permanent forest users are connected to the electronic centralized records, of which 341 are state-owned enterprises, organizations and institutions, 144 are municipal enterprises and 41 are forest users who belong to other organizational and legal forms of management,” he wrote on his Facebook page.
According to Zablotsky, the remaining 5% are individual municipal and private enterprises that are in the process of training and connecting to the electronic centralized records. He reminded that previously only forestry enterprises managed by the State Forest Resources Agency worked in the electronic record-keeping system.
The head of the State Forest Resources Agency said that access to the unified public system of electronic record-keeping of wood was provided to the Ministry of Internal Affairs, the National Police, the State Fiscal Service, the Security Service of Ukraine and other public bodies so that they had the opportunity to verify the legality of wood transportation. The public can verify the legality of logging through the Forest in a Smartphone system and the legality of its transportation by tag number, consignment notes and the vehicle, he said.
“Starting in April, the sale of wood without electronic records will be considered unlawful and will be subject to additional checks by law enforcement agencies,” Zablotsky said.
The State Forest Resources Agency is also preparing amendments to the legislation regarding the criminalization of trade in illegally logged wood and the inaccuracy of information entered into the electronically record-keeping system.
In addition, according to the head of the State Forest Resources Agency, it is planned to resolve the issue of full certification of wood products, so that there are no legislative gaps when individual wood products are exported from Ukraine without certificates of origin.
“Often there are questions both from trading partners and from society that such products are made from wood of dubious origin,” Zablotsky said.
National bank of Ukraine’s official rates as of 12/03/20
Source: National Bank of Ukraine
The Ukrainian industrial company Interpipe has designed, developed and tested a new connection Intrepid-SP, devised specially for the North American market.
According to the company’s press release, this product serves for the construction of directional and horizontal wells in order to extract shale oil and gas which are in hard-to-reach layers – shales, dense sandstones and limestones. Due to the “shale revolution” and new drilling technologies the United States doubled its oil production over the past decade.
At the same time, the purpose of Intrepid-SP is to maintain the column gas tightness under a complex load and ensure its safe rotation during descent. Such rotation is a necessary technological condition for the construction of horizontal sections of wells with large deviations from the vertical.
Intrepid-SP may also be used for the exploitation of traditional deposits but with hard-to-recover reserves, for example, in multilateral wells with horizontal endings or a new horizontal section is “added” to the main well of an existing well.
Interpipe CFO Denys Morozov said that to expand the line of threaded connections for oil and gas production entering new market segments.
“The new connection was developed considering the peculiarities of the North American market and is intended for companies that develop complex deposits. Intrepid-SP was tested in an independent laboratory. We are going to deliver the first shipment by the end of the year,” the top manager said.