Business news from Ukraine

Zelensky called on the UN Secretary General to send experts to energy facilities in Ukraine

Ukrainian President Volodymyr Zelenskyy in a phone call on Wednesday urged UN Secretary-General António Guterres to send UN experts to Ukrainian energy facilities.

“Thanked António Guterres for attending the conference on supporting Ukraine in Paris. Discussed our peace formula and Global Peace Formula Summit. Called for sending UN experts to Ukrainian energy facilities as soon as possible. We will develop the Black Sea Grain Initiative and the #GrainFromUkraine programme,” he wrote in his Telegram channel.

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On November 11, scheduled power outages are planned throughout Ukraine

The transmission system operator NPC Ukrenergo announces on Friday, November 11, power outages exclusively on schedule throughout Ukraine, most of all traditionally in the Central and Northern regions.

“The largest volume of restrictions will be introduced in Kyiv, Kyiv, Chernihiv, Cherkasy, Zhytomyr regions,” the company said in a telegram channel on Thursday.

According to the information, the planned shutdown regime will operate from 05:00 to 23:00 in Kyiv, Kyiv, Chernihiv, Cherkasy, Zhytomyr, Sumy, Kharkiv, Poltava and Donetsk regions, from 15:00 to 20:00 in all other regions of Ukraine.

At the same time, the company is reminded of the need to save electricity.

“Please do not turn on several powerful electrical appliances at the same time during the day, especially during peak hours of consumption – from 6:00 to 11:00 and from 17:00 to 23:00,” the NEC urges.

US President and German Chancellor discussed Ukraine and energy

US President Joe Biden on Sunday held a telephone conversation with German Chancellor Olaf Scholz, during which the leaders discussed assistance to Ukraine and the situation on the global energy market, the White House said.

“President Biden spoke today with German Chancellor Olaf Scholz,” the statement said.

It notes that the heads of state discussed the situation in Ukraine, as well as “the obligation to provide assistance to Ukraine in the field of economy and security.”

According to the White House, Biden and Scholz also discussed “recent developments in global energy markets and the importance of securing stable and affordable energy supplies.”

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President of United States and Prime Minister of Great Britain discussed Ukraine and energy

U.S. President Joe Biden and British Prime Minister Liz Truss discussed Ukraine, energy and economic security during the first official talks since she headed the British government, the White House reported on Wednesday.
“We want closer cooperation with the US, in particular on energy and economic security issues, as well as reaching out to other democracies around the world to ensure the triumph of democracies,” Truss said, quoted by the US administration.
In turn, Biden told Truss that he expects further close cooperation between the United States and Britain, and that they have a lot to do together.
“I look forward to working closely with you, our closest ally in the world,” the US president said.
Truss also added that she is “very eager to work with the US to make sure we support the Ukrainians.”

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GERMANY AND ITALY ARE LEADERS IN PURCHASING ENERGY RESOURCES FROM RUSSIA – PRESS

A study conducted by the CREA center shows that after the start of the war, the EU countries remain the largest consumers of Russian energy resources, according to the British edition of the Financial Times.
Thus, Germany imported hydrocarbons from the Russian Federation for more than 9 billion euros in two months, and Italy – almost 7 billion euros.
This is mainly natural gas supplied through pipelines. At the same time, China, which occupies the third position, buys mainly oil.
In addition, the Netherlands and France, as well as Turkey, remain major buyers of Russian energy resources.

DENMARK BECOMES FIRST DONOR OF UKRAINE ENERGY SUPPORT FUND

Denmark has become the first donor to the Energy Community’s Fund to rebuild war-torn energy infrastructure in Ukraine, Energy Minister Herman Haluschenko has said.
“Sincerely thanks to the first donor, Denmark, for responding to Ukraine’s call for urgent support to the energy sector in these difficult times of war,” Haluschenko was quoted as saying by the press service of the Ministry of Energy in a release on the website on Monday.
The amount of funds sent by Denmark was not specified in the message.
At the same time, the minister called on other countries and international partners to become donors to the Fund, noting that Ukrainian power engineers every day, despite enemy shelling, again and again resume electricity and gas supply.
Director of the Energy Community Secretariat Artur Lorkowski, for his part, assured that the corresponding funds would be sent to Ukraine as soon as possible.
“The Secretariat, together with the Ministry of Energy of Ukraine, will work quickly so that all contributions paid are directed to meet the most important needs of the Ukrainian energy sector,” Lorkowski said, cited by the press service of the Ministry of Energy.
As reported, in early April 2022, the Energy Community created a Fund to rebuild war-torn energy infrastructure in Ukraine, the donors of which should be mainly EU member states, as well as international companies and corporations.

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