Business news from Ukraine

Business news from Ukraine

More than 2 thousand people have died in Libya because of hurricane and almost 7 thousand missing

The number of people who died as a result of flooding caused by Hurricane Danielle, which raged in the Central Mediterranean in eastern Libya, exceeds 2 thousand people, reports TRT Haber TV channel on the night of September 12.

It is emphasized that as a result of the natural disaster that swept the east of the country, more than 2 thousand people were killed and almost 7 thousand people are missing. The cities of Al-Baida, Sousse, Al-Marj and Derna were flooded. A curfew has been imposed in areas where a state of emergency has been declared.

Libya’s Prime Minister called on the international community to provide aid to flood-affected areas. Three days of mourning have been declared in the country.

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Ukrnafta has received UAH 700 mln of profit

PJSC “Ukrnaftoburnia” (“UNB”) according to the results of work in the first half of 2023 received a profit of 700 million UAH, said the director of PJSC “Ukrnafta”, to which the company is transferred in management, Sergiy Koretskyy.

“In the first half of 2023, the company received 700 million UAH of profit. There are reasons to believe that according to the results of the second half of the year “UNB” will be able to earn almost three times more. We state the fact of a significant increase in realization prices,” he wrote on his Facebook page.

“As stipulated by the concluded contracts with ARMA, 90% of net profit will be transferred in favor of the state,” Koretskyi specified.

According to him, the company also managed to eliminate technological deficiencies and launch the 88th well.

“After the drilling was completed, we received a flow of high-pressure formation water from the upper horizons. We carried out repair and water isolation works. Consequently, we increased production by 170 thousand cubic meters of gas and 30 tons of condensate per day,” he said.

In addition, “UNB” plans to soon complete commissioning of the booster compressor station, which will slow down the natural decline in production.

As reported, after the arrest and court decision to transfer to the management of ARMA “Ukrnaftoburnia”, LLC “Sakhalinskoye”, LLC “Sirius-1”, LLC “East Europe Petroleum” in the case on the legality of subsoil use of the Sakhalin field, the Cabinet of Ministers of Ukraine by the order №454-r of May 23, 2023 supported the proposal to transfer to the management of “Ukrnafta” corporate rights in these companies.

At the end of June, the AMCU authorized Ukrnafta to receive shares in the authorized capitals of these companies for management. On July 7, the acts of acceptance and transfer of assets were signed.

“Ukrnafta is one of the largest private gas production companies in Ukraine. Since 2010, it has been developing the Sakhalin oil and gas condensate field (Krasnokutsk district, Kharkiv region) with reserves of 15 billion cubic meters of gas. The company’s gross production in 2020 will amount to 725.4 million cubic meters of gas and 80.8 thousand tons of oil and condensate, in 2021 – 691.3 million cubic meters and 76.6 thousand tons.

For the Sakhalin field as a whole, gas production in 2020 amounted to 844.3 million cubic meters and 86 thousand tons of oil and condensate, in 2021 – 789.5 million cubic meters and 80.8 thousand tons.

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Ukraine reduced imports of lead and tin over 8 months

In January-August of this year, Ukrainian enterprises reduced imports of lead and lead products by 67.9% to $722 thousand ($9 thousand), imports of tin and tin products by 33.8% to $1.633 million ($208 thousand), but increased imports of zinc and zinc products by 10.1% to $28.775 million ($3.934 million).

Exports of aluminum and aluminum products in January-August this year decreased by 4.8% compared to the same period last year to $63.289 million ($8.201 million in August), lead and lead products increased by 13.6% to $9.866 million ($0.876 million), nickel and nickel products amounted to $201 thousand ($76 thousand), while in 8 months. 2022 it was $1.339 million.

Imports of tin and tin products fell by 33.5% to $3.312 million, while imports of zinc and zinc products decreased by 58.7% to $38.690 million.

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Real GDP percentage changes over previous period in 2014-2023

Real GDP percentage changes over previous period in 2014-2023

Source: Open4Business.com.ua and experts.news

 

Ukraine reduced nickel imports in 8 months

In January-August this year, Ukrainian companies reduced imports of nickel and products by 75.3% compared to the same period in 2022 to $11.038 million ($2.599 million in August), while aluminum and aluminum products increased by 17.8% to $243.990 million ($38.614 million).

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UN: war in Ukraine has claimed lives of nearly 10,000 civilians

Civilian casualties from February 24, 2022, after Russia launched a full-scale war against Ukraine, to September 10, 2023, totaled 27,149 (26,717 as of August 27), including 9,614 deaths (9,511), the Office of the UN High Commissioner for Human Rights (UN OHCHR) reported.

“The UN OHCHR considers that the actual number of civilian deaths or injuries is significantly higher, as many reports from locations where such incidents have occurred continue to require further confirmation, while information from some locations where fighting continues has been delayed,” the document said regarding the UN data.

This applies, for example, to such localities as Mariupol (Donetsk region), Lisichansk, Popasnaya and Severodonetsk (Luhansk region), where numerous civilian deaths or injuries have been reported.

According to confirmed UN figures, 4,461 men, 2,672 women, 289 boys and 236 girls were killed, while the gender of 29 children and 1,927 adults could not yet be ascertained.

Among the 17,535 injured, 516 boys and 378 girls were killed, while 286 children whose gender could not yet be determined.

Compared to August 27, five children have died and 14 others have been injured.

While the UN OHCHR casualty count summary was previously issued daily, and then only on weekdays, it became weekly from July 2022 and biweekly from the end of May 2023. This summary, like the previous one, provides data by month.

According to them, the UN recorded the deaths of 55 civilians in 10 days in September. In August, the number of new deaths reported dropped to 147 from 161 in July, 186 in June, 174 in May, 182 in April, 181 in March and 144 in February.

The deadliest month for civilians, the UN points out, remains March last year, with a minimum of 4,168 deaths. In April 2022, according to an OHCHR publication, the number of civilian deaths due to war fell to 823 in April, 550 in May, 429 in June and 386 in July. There were 375 deaths in the first five days of the war from February 24 to February 28, 340 in August last year, 408 in September, 310 in October, 188 in November, 206 in December and 201 in January this year.

The number of wounded in the 10 days of September was 237, compared with 565 in August, 688 in July, 679 in June, 685 in May, 492 in April, 592 in March, 457 in February, 538 in January this year, 617 in December and 541 in November last year. In October, the number of injuries dropped to 795 from 983 in September, when it was up from August’s 921. Prior to that the monthly number of wounded exceeded a thousand: July, 1,131; June, 1,109; May, 1,139; April, 1,896; March, 3,001. In the first five days of the war last February, 469 people were wounded.

The UN OHCHR specifies that since the beginning of September, explosive weapons have killed 54 people and injured 170 others, while mines and explosive remnants of war have killed one person and injured 16 (6%).

Government-controlled territories accounted for 79% of casualties in the first 10 days of September, according to the UN.

The summary traditionally states that the increase in figures to the previous summary should not be attributed solely to cases after August 27, as during this period the Office verified a number of cases from the previous days.

Source: https://www.ohchr.org/en/news/2023/09/ukraine-civilian-casualty-update-11-september-2023

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