One of the largest private gas production companies in Ukraine – private joint-stock company Ukrnaftoburinnia in January-March 2019 saw a 50% rise in gas production year-over-year, to 166 million cubic meters (mcm), and a 49% rise in oil and condensate production, to 21,000 tonnes, the company’s press service has reported.
“The growth of production indicators was linked to significant investment in exploratory drilling in 2018. The wells that were developed last year opened up a number of new deposits, the potential of which turned out to be somewhat higher than our expectations,” Head of the geology department Volodymyr Novikov said.
According to the results of 2018, Ukrnaftoburinnia increased natural gas production 38.1% compared to 2017, to 550.28 mcm.
Ukrnaftoburinnia is one of the largest private gas producing companies in Ukraine. Since 2010 it has been developing Sakhalynske oil and gas condensate field (Kharkiv region). The company operates 24 gas condensate, oil and gas wells. In the framework of agreements on joint activities it additionally operates ten gas condensate wells.
According to an information disclosure system of the National Commission for Securities and the Stock Market, the largest shareholders in the company are Deripon Commercial Ltd. (Cyprus) with 44.989%, companies Ares Systems Ltd. and Ariana Business Limited registered at the same address in London with 22.4996% and JKX Ukraine B.V. with 10%. MP Vitaliy Khomutynnik said in August 2016 that he owns Deripon Commercial Ltd. on parity basis with Ihor Kolomoisky.
The Kyiv City Administration in 2019 plans to send over UAH 100 million of budget funds to renovation of Kyiv funicular with its adaptation to modern conditions of operation, the press service of the administration has reported.
“Kyiv City Administration resolution No. 464 approved the respective work project,” the press service of the administration said, citing Deputy Chairman Dmytro Davtyan.
The project will be financed in accordance with the indicators of the Program of Economic and Social Development of Kyiv for 2018-2020 at the expense of budget funds. According to the explanatory note to the document, the total cost of the project is UAH 363.229 million.
The funicular is planned to be restored without changing its historical and legal status.
According to the press service, the ProExpo experts’ reports were taken into account when developing the renovation project.
In addition, as reported, in the near future an international tender for the purchase of new funicular cabins and equipment for them using the loan from the European Investment Bank (EIB) will be announced.
Earlier it was reported that it is planned to spend EUR 6.5 million on two cabins of the funicular and the equipment.
Consumption of natural gas by Ukrainian metallurgical enterprises in January-March 2019 fell by 10% compared January-March 2018, to 460 million cubic meters (mcm).
According to the information sheet of the Ukrmetallurgprom association, in March, the volume of gas consumed by metallurgists amounted to around 150 mcm, which is 3% more than the previous month.
In January, 2019, electricity consumption by metal enterprises amounted to about 2.92 billion kWh (96% compared to January-March 2018). In March, around 1 billion kWh of electricity was consumed, which is 10% more than in February.
As reported, the metal enterprises of Ukraine in 2018 reduced natural gas consumption by 4% compared with 2017, taking into account enterprises in the temporarily uncontrolled territory, but increased by 4% without these enterprises, to 1.840 billion cubic meters.
Electricity consumption by metal enterprises in 2018 amounted to 11.76 billion kWh (102% of the consumption in 2017 taking into account enterprises in the temporarily uncontrolled territory, and 106% without them.
Ukraine in January-March 2019 increased exports of poultry by 39% compared to the same period of 2018, to 103,600 tonnes, the State Fiscal Service has reported.
At the same time, according to its data, in monetary terms exports of these products increased by 31%, to $146.9 million.
Imports of poultry in January-March 2019 decreased 0.5%, to 30,700 tonnes, in monetary terms decreased 6%, to $12.3 million.
According to the service, in January-March 2019 pork exports decreased 47.4%, to 316 tonnes. This product was delivered for $702,000.
During this period, import of pork to Ukraine increased fourfold, to 7,400 tonnes, in monetary terms it amounted to $13.5 million, which is 4.4 times more than in January-March 2018.
The Ukrainian men’s national squash team has won a bronze medal in the European Team Championships Division 3 in Lisbon (Portugal), the Squash Federation of Ukraine has said on its website.
The Ukrainian squad defeated the Norwegian team with a 2-1 score in the match for the third place.
Squash veterans Kostiantyn Rybalchenko and Valeriy Fedoruk, along with young members Yaroslav Bagan, Dmytro Pogrebniak, and Artur Sikora were members of Ukraine’s team.
Team statistics and the final tally are below:
Playoffs matches
Match for places 1-8
Ukraine – Slovenia: 4-0
Valeriy Fedoruk – Martin Mosnik, 3-0 (11-7, 11-6, 11-5)
Yaroslav Bagan – Mark Hafner, 3-1 (11-13, 11-8, 11-5, 5-11, 11-7)
Kostiantyn Rybalchenko – Blaž Porenta, 3-0 (11-6, 11-3, 11-8)
Artur Sikora – Jošt Dolinar, 3-0 (11-4, 11-6, 11-5)
Match for places 1-8
Ukraine – Poland: 1-2
Valery Fedoruk – Adam Pelczynski, 3-1 (11-3, 5-11, 11-6, 11-3)
Yaroslav Bagan – Adrian Marszał, 0-3 (4-11, 4-11, 2-11)
Kostiantyn Rybalchenko – Piotr Hemmerling, 2-2 (11–4, 5–11, 17–15, 8–11)
Artur Sikora – Filip Jarota, 0-3 (8-11, 9-11, 9-11)
Match for 3rd place
Ukraine –Norway: 2-1
Valeriy Fedoruk – Sindre S. Roaldsøy, 3-0 (11-6, 11-4, 11-4)
Yaroslav Bagan – Trym Aasness, 0-3 (7-11, 3-11, 8-11)
Kostiantyn Rybalchenko – Gard Aasness, 3-0 (12-10, 11-7, 11-5)
Artur Sikora – Patrick Hansen, 2-2 (7-11, 7-11, 11-9, 11-8)
The final standing of the teams:
Poland
Austria
Ukraine
Norway
Russia
Luxembourg
Slovenia
Malta
The European Investment Bank (EIB) will provide grant assistance to the State Agency of Automobile Roads of Ukraine (Ukravtodor) to develop a feasibility study for the construction of the Lviv-Mukachevo-Uzhgorod highway with a branch to the Hungarian border, the agency’s press service has reported. “This corridor is very important for Ukraine, because the export flow to the countries of Southern and South-Western Europe is directed through it. In addition, the new road will also provide a stable communication with Zakarpattia region,” Oleksandr Kava, the adviser to the Ukravtodor head, said.
According to the report, the new road will connect with the Hungarian M3 highway through the Dyida checkpoint and the Slovak D1 highway through the Uzhgorod checkpoint.
The maximum speed on the highway will be 130 km/h.
“This road will reduce the trip time in the direction of Lviv-Mukachevo to an hour and a half instead of the current 3.5 hours,” the report says.
