Business news from Ukraine

Business news from Ukraine

ENERGY MINISTRY DOES NOT CONSIDER ELECTRICITY IMPORTS FROM RUSSIA OR BELARUS

When calculating the updated electricity forecast balance, the Ministry of Energy of Ukraine does not consider the import of a resource from the Russian Federation and Belarus, First Deputy Energy Minister Yuriy Vlasenko has said.
“When calculating the forecast balance, we do not envisage the import of electricity from Russia and Belarus,” he said on the margins of the energy forum in Kyiv, organized by Energy club, on Wednesday.
At the same time, he drew attention to the fact that imports are prohibited until October 1, but are not considered in the future.
At the same time, Vlasenko said that a feature of this autumn-winter period will be the operation of the Integrated Power System, as well as Burshtyn TPP energy island in an isolated mode, providing for their disconnection from all power systems.
“We need to work this way for three days in winter and summer. As for winter, we are also working on it with Ukrenergo, when we will work in an isolated mode – in late January or early February,” Vlasenko said.

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PRICE OF GAS IMPORTED TO UKRAINE GROWS BY 20%

Natural gas to the territory of Ukraine in August 2021 was imported at an average price of $427.88 (UAH 11,457) per 1,000 cubic meters, the Ministry of Economy reported on Monday.
Thus, the price of gas imported in the past month was 19.7% higher than the price of July 2021 in U.S. dollars, when it stood at $357.32 (UAH 9,747) per 1,000 cubic meters.

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MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) JAN-MAY 2021

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) JAN-MAY 2021

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FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS JAN-MAY 2021 (IMPORT)

FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS JAN-MAY 2021 (IMPORT)

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UKRAINE IMPORTED PETROLEUM PRODUCTS WORTH $2.6 BLN IN JAN-JULY

In January-July 2020, Ukraine imported 4.5 million tonnes of petroleum products (according to FEACN code 2710: gasoline, diesel fuel, fuel oil, jet fuel, etc.), which is 3.1% more than in the same period last year (4.4 million tonnes).
According to the State Customs Service, oil products were imported in the amount of $2.6 billion, which is 34.7% more than in January-July 2020 ($2 billion).
Fuel was imported from Belarus for $1.1 billion (share – 43.05%), Russia – for $616.3 million (23.9%), Lithuania – for $315 million (12.22%), and other countries – for $537.3 million (20, 83%).
In addition, Ukraine exported 223,888 tonnes (plus 52.3% compared to January-July 2020) of oil products for a total of $116.22 million (plus 67.4%). The cost of fuel delivered to counterparties from Latvia amounted to $24.7 million, Malta – $17.2 million, Turkey – $13.7 million, and other countries – $60.6 million.

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