Ukraine has announced a tender for the development of three more hydrocarbon deposits, including Hrunivske (Sumy and Poltava regions), Okhtyrske (Sumy, Poltava and Kharkiv regions), and Ichnianske (Chernihiv region) on the basis of production sharing agreements (PSA).
The corresponding announcements about the tender were published in the Uriadovy Kurier newspaper on August 3.
The area of Hrunivske deposit is 1,083 square kilometers, that of Okhtyrske some 672 square kilometers, and Ichnianske some 2,086 square kilometers. According to the terms of the tender documentation, approved at the end of 2018, the winners on the first and second fields will have to ensure the drilling of at least two exploratory wells and conduct 3D seismic surveys during the first stage of exploration (the first five years). The winner on the third lot will have to ensure the drilling at least three wells and conducting 3D seismic surveys.
The minimum investment for Hrunivske and Okhtyrske deposits is UAH 500 million UAH, and that for Ichnianske some UAH 900 million.
The PSA is valid for 50 years. The state’s share in profitable products should be at least 11% of its total volume, the maximum share of compensation products, due to which the investor will be reimbursed for his expenses, is 70% of the total production. Applications for participation in the tenders are accepted within three months from the date of publication of the announcement of the tenders.
Zaporizhia International Airport in January-July 2019 served more than 280,000 passengers, which is 27% more than for the same period in 2018.
According to the statistics on the airport’s website, the number of passengers served on international flights for the seven months amounted to 214,000 people (an increase of 28%), on domestic flights some 68,000 people (an increase of 22%).
In July 2019, some 51,000 passengers used the services of the airport, which is 13% more than in July 2018. At the same time, more than 40,000 people were transported on international airlines and almost 11,000 on domestic flights.
“Over the past 11 years, since 2008, when they began to systematically collect statistical data, the largest number of passengers — almost 25,500 people — were carried through Zaporizhia airport for the second summer month … In the same month, the largest number of takeoffs was recorded – 356,” the airport said.
PJSC Energomashspetsstal (EMSS, Donetsk region) will produce rolls for a hot-rolling mill of ArcelorMittal Fos-sur-Mer (France) in 2020, an enterprise said in its press release.
The rolls, with a total weight of 105 tonnes meant for production of a steel sheet from two to ten millimeters thick, will be offloaded to the customer in the second quarter of 2020 under the conditions of the agreement signed in July 2019.
Russia’s Atomenergomash of Rosatom Corporation is an owner of the EMSS.
It is the largest Ukrainian producer of special cast and forged products for individual and small-scale production for metallurgy, shipbuilding, energy (wind, steam, hydro, nuclear) and general engineering.
Fos-sur-mer is the second ArcelorMittal steel mill in France that is a part of ArcelorMittal Méditerranée steel construction producer.
ArcelorMittal and Energomashspetsstal have been cooperating since 2011.
Wholesale prices for sugar in the 2019/2020 marketing year (MY, September-August) will increase by 18%, to UAH 13,000 per tonne due to a decrease in production, the press service of the Ukrtsukor National Association of Sugar Manufacturers has said. According to the association, sugar production in the 2019/2020 MY will amount to 1.1-1.2 million tonnes.
“The decrease is primarily due to the reduction in the area under sugar beets and adverse weather conditions. The lack of moisture in the soil affected the development of sugar beets and as of August 1 sugar beets are massively losing the weight of the tops, which, in turn, will lead to low sugar content,” еhe press service said citing deputy chairman of the board of Ukrtsukor Ruslan Yanenko.
In addition, agronomists note common root diseases.
“According to our estimates, 32 sugar enterprises will work this season,” Yanenko said.
As reported, sugar production in the 2018/2019 MY decreased by 15%, to 1.82 million tonnes. In the season, 42 sugar factories worked.
The Institute of International Finance (IIF) predicts a slowdown in real gross domestic product (GDP) growth in Ukraine from 3.3% in 2018 to 2.8% in 2019 and its subsequent slight acceleration to 2.9% in 2020.
The National Bank of Ukraine has improved its macro forecast for 2019–2021: the estimate of the real growth of the economy this year has been raised from 2.5% to 3%, and in the next year from 2.9% to 3.2%.
The deficit of Ukraine’s foreign trade in goods in January-May 2019 increased by 27.4% compared with January-May 2018, to $2.634 billion, the State Statistics Service has reported.
The Cabinet of Ministers of Ukraine on July 10 approved the strategy for the development of exports of agricultural, food and processing industry products until 2026, as well as a plan for its implementation, the press service of the Ministry of Agrarian Policy and Food has said.
Ukraine’s Investment Attractiveness Index in January-June 2019 fell to the level of 2016, being 2.85 points on a 5-grade scale compared with 3.07 in H2 2018, according to findings of the European Business Association (EBA).
The actual inflation rate in Ukraine in June 2019 was higher than the forecast published in the Inflation Report (April 2019), according to the NBU’s commentary on the inflation rate posted on the central bank’s website.
Consumer prices in Ukraine in June 2019 fell by 0.5% compared with May 2019, while in annual terms inflation of 9% was seen, the State Statistics Service of Ukraine reported.
The surplus of Ukraine’s national budget in H1 2019 totaled UAH 2.1 billion, including the deficit of the general fund of the national budget being UAH 6.8 billion, while in January-May 2019 the surplus of the national budget was UAH 7.7 billion with the deficit of the general fund of UAH 2.14 billion, Ukraine’s Finance Ministry has reported on its website, referring to preliminary data from the State Treasury Service of Ukraine.
The deficit of the national budget of Ukraine in January-June 2019 amounted to UAH 871 million, in particular the general fund deficit was UAH 8.67 billion with the target being UAH 22.99 billion, the State Treasury Service has said.
The assets of the National Bank of Ukraine (NBU) in January-June 2019 decreased by 5.3% and amounted to UAH 993.707 billion, the corresponding financial indicators were published by the central bank in the Uriadovy Kurier edition.
The consolidated balance of payments of Ukraine in May 2019 saw a deficit of $750 million against a deficit of $45 million in April, a surplus of $652 million in March 2019 and $266 million in May 2018, which is associated with large payments on public debt and an increase in cash outside banks.
Industrial production in Ukraine in June 2019 decreased by 2.3% compared with June 2018, after growing in May by 1.6%, April by 5.2%, in March by 2.1% , Ukraine’s State Statistics Service reported.
The transport enterprises of Ukraine (excluding the territory of the Autonomous Republic of Crimea and Sevastopol, as well as part of the JFO area) in January-June 2019 increased freight transportation by 8.2% compared to the same period of 2018, to 328.5 million tonnes, the State Statistics Service has reported.
The transport companies of Ukraine in January-June 2019 carried 2.137 billion people, which is 6.3% less than in the same period of 2018, the State Statistics Service has reported.
The volume of construction work performed in Ukraine in June 2019 increased by 1.7% compared with June 2018, while the indicator in May 2019 vs May 2018 rose by 15.7%.
In January-June 2019, retail trade in Ukraine increased by 10.3% in comparable prices year-over-year, the State Statistics Service reported.
Trade partners of ukraine in % from total volume (import to ukraine) in jan-may 2019
