Business news from Ukraine

Business news from Ukraine

Gulf countries’ demand for energy equipment complicates supplies to Ukraine — Politico

Rising tensions surrounding Iran and increased demand for equipment to rebuild energy infrastructure in Gulf countries are putting additional pressure on global supply chains and making it harder to provide Ukraine with the necessary components. Politico reports this, citing industry sources and European officials.
According to the publication, amid geopolitical instability in the Gulf region, a number of countries have stepped up purchases of energy equipment—including transformers, generators, and components for restoring and protecting infrastructure. This has led to increased competition for limited production capacity, which directly affects delivery times for Ukraine.
Politico’s sources note that amid limited supply and long production cycles, manufacturers are prioritizing orders with higher margins or faster financing, which also affects the availability of equipment for Ukrainian projects.
Risks related to supply security and logistics amid a potential escalation of the conflict surrounding Iran have added pressure to the market. This is making suppliers more cautious and complicating the planning of long-term contracts.
Against this backdrop, the Ukrainian energy system, which already faces regular infrastructure damage, remains dependent on external equipment supplies, whose delivery times may increase. Industry sources note that certain items—primarily high-voltage transformers—have a production cycle of up to 12–18 months, making the situation particularly sensitive to global imbalances in supply and demand.

 

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UKRAINE, INDIA WANT TO LAUNCH JOINT PRODUCTION OF POWER EQUIPMENT FOR SHIPS

Ukraine and India are working out plans to expand military and technical cooperation in the field of military shipbuilding and are considering the possibility of organizing joint production of power equipment for ships of the Indian Navy, the press service of the Ukroboronprom State Concern has reported. According to the report, the promising directions of the expansion of Ukrainian-Indian military and technical cooperation in the field of military shipbuilding were discussed during negotiations between Ukroboronprom Head Pavlo Bukin and Chief of the Naval Staff of the Indian Navy, Admiral Sunil Lanba, as part of the tenth international defense exhibition Def Expo 2018, which is taking place in the city of Chennai (India) on April 11-14.
“The sides discussed the further participation of the Ukrainian defense industry’s enterprises in the modernization and development of the Indian Navy. In particular, they spoke about continuing supplies and establishing joint production of gas turbine engines, and the servicing by Ukrainian specialists of the Vikramaditya aircraft carrier, which was built by the shipbuilders of the Mykolaiv shipyard,” the report says.
It notes that during the talks Bukin also voiced the interest of the Ukrainian side in the joint production of ship and coastal radar systems, sea buoys, as well as the supply of spare parts for Indian ships and submarines.
“The commander of the Indian Navy expressed support and interest in cooperation with Ukrainian enterprises on a number of existing projects,” the press service said.

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