Business news from Ukraine

UKRENERGO EARNS OVER UAH 200 MLN FROM SALE OF CROSS-SECTIONS FOR ELECTRICITY EXPORTS TO ROMANIA, SLOVAKIA

Proceeds from sales of NPC Ukrenergo’s available interstate transmission capacity for electricity exports to Romania and Slovakia amounted to UAH 200.3 million since the opening on June 30.
These data are based on the results of the latest auctions in the Romanian and Slovak directions, held on July 10 with delivery on July 12. According to them, the section price to Slovakia was UAH 10.3 million and to Romania – UAH 10.2 million.
Traditionally, the most active participants in these auctions are DTEK Zakhidenergo, ERU Trading, and Le-Trading Ukraine.
At the same time, Energoatom began to participate in auctions for the export of electricity to Slovakia from the moment they started on July 5 for supplies on July 7 (two days before delivery). For the first time, the company bought almost 500 MWh of the possible 1200 MWh for export at the auction on July 9 with delivery on July 11. The plans for July 12 are to export 131 MWh.
At the same time, Ukrhydroenergo, which for the first time bought out a section to Slovakia for export of 148 MWh on July 9, and then for export of 110 MWh on July 10, ended the last two auctions with delivery on July 11 and 12 to no avail.
Auctions with delivery on July 10 became an anti-record at the cross-section price: for Slovakia, it fell on this day to UAH 11/MWh with delivery at 12-16:00, and the highest was UAH 2,390 /MWh at 23:00. For Romania, the lowest price was UAH 100/MWh at 13-14:00, the highest was a little over UAH 2,200/MWh with delivery at 21:00-23:00. For comparison: according to the results of all auctions, the price for Romania was the lowest on July 3 – UAH 1,380/MWh.
It is noteworthy that Ukrhydroenergo reserved most of its daily resource at the lowest prices in both directions.
In general, in both directions, the price of a section on July 10 amounted to a little more than UAH 2 million.
As of July 11, this figure was already ten times more – UAH 20.5 million.
The section from Slovakia and Romania for July 10-12, as before, was not reserved.
The section to Poland continues to be purchased at daily auctions in addition to the 147 MW capacity purchased at the monthly auction by DTEK Zakhidenergo – at 65 MW every hour (1,560 MWh per day) on July 10-12.
The daily cross-section to Moldova on July 10-12, according to the traditional scenario, was divided by Energoatom, which bought out a cross-section for export of 9,400 MWh per day, and Ukrhydroenergo – 2,400 MWh per day.
The section price at all auctions, except for exports to Romania, is UAH 0/MWh.

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UKRAINE INVITED SLOVAKIA, HUNGARY, ROMANIA AND MOLDOVA TO JOIN PROJECT TO INCREASE CAPACITY OF BORDER CROSSINGS

Ukraine plans to develop the Open Border project at border crossings with Slovakia, Hungary, Romania and Moldova.
“We are also implementing similar projects to increase capacity at the borders with other Western neighbors. We are already negotiating to join the Open Border of Slovakia, Hungary, Romania and Moldova,” Ukrainian Infrastructure Minister Oleksandr Kubrakov was quoted as saying in a Facebook post on Monday.
As reported earlier, Ukraine and Poland doubled the throughput at the Krakovets-Korcheva checkpoint modernized as part of the Open Border project.

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СONFERENCE IN SUPPORT OF UKRAINE TO BE HELD IN SLOVAKIA IN EARLY JUNE

A conference in support of Ukraine will be held in Slovakia in early June under the auspices of GLOBSEC, President of the organization Róbert Vass (Slovakia) said.
“GLOBSEC is preparing a large conference in Bratislava for June 2 to June 4 to mobilize military, humanitarian, economic and financial support for Ukraine, where prime ministers, presidents are invited and offered Ukraine the chairmanship of the event,” the Verkhovna Rada said on its website on Friday, citing the words Vass at the meeting of the delegation of parliamentarians of the EU Member States (GLOBSEC) with heads of the Verkhovna Rada committees and First Deputy Chairman Oleksandr Korniyenko.
Vass said that an international group of European parliamentarians, created under the auspices of GLOBSEC, came to Kyiv to support Ukraine in its struggle for sovereignty and independence.
Vass said Ukrainians are not just fighting for its soil, but also for Europe. These are the fundamental foundations of international law, so it is GLOBSEC moral duty to help Ukraine so that Ukrainians are not alone in this struggle. Today, the future of the West is determined in the East. Ukraine has shown that its place is in Europe, in the world of Euro-Atlantic values. GLOBSEC will help in Ukraine’s official accession to Europe, the president of the organization said.
Kornyienko urged European colleagues to involve their parliaments and governments in the restoration of Ukraine, to become partners of Ukrainian regions and cities.
“We heard your message about the conference and our participation in it. We will form both government and parliamentary delegations at the highest level in order to substantively discuss all issues, in particular, specific restoration projects,” Kornienko said.
A delegation of European parliamentarians, together with MPs of Ukraine, visited Bucha and Borodianka destroyed by the Russian Nazis in Kyiv region.
GLOBSEC is an analytical center in Central Europe and organizer of the annual Bratislava Forum.

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SLOVAKIA WILL CONTINUE TO PAY FOR RUSSIAN GAS IN EUROS

Slovakia will continue to pay for Russian gas in euros in accordance with the agreed rules, Slovak Prime Minister Edward Heger said.
“The company Slovensky plynarensky priemysel (Slovak gas industry) has signed a long-term contract with the Russian Gazprom and payments for the purchased gas will be made in euros in accordance with the agreed rules and recommendations of the European Commission,” Heger wrote on the social network.
Slovensky plynarensky priemysel is the largest oil refinery in the country.
The Prime Minister also announced on Twitter (SPB: TWTR) that Slovakia, together with the EU, will accelerate the move away from gas dependence on Russia.

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POLAND, LITHUANIA, LATVIA, SLOVAKIA, GERMANY AND HUNGARY SIMPLIFYING TRAVEL FOR HUMANITARIAN AID CARRIERS TO UKRAINE

Poland, Lithuania, Latvia, Slovakia, Germany and Hungary have introduced permit-free travel for humanitarian cargo carriers to Ukraine, according to the Telegram channel of the Ministry of Infrastructure of Ukraine.
The matter concerns the release of carriers from any additional conditions, in particular the need to obtain permits for international freight traffic. This is necessary for the prompt delivery of humanitarian cargo during martial law.
To cross the border with Lithuania, Latvia and Slovakia, you do not need to submit information about the carrier and vehicle.
“We thank our European partners for their support. The Ministry of Infrastructure of Ukraine continues to work with foreign partners in order to speed up the process of transporting humanitarian cargo in an extremely difficult period for Ukraine,” the ministry stressed.

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SLOVAKIA SIMPLIFIES ENTRY FULLY VACCINATED PERSONS

From February 4, 2022, upon arrival in Slovakia, for fully vaccinated persons, as well as for persons who have overcome the disease, home quarantine upon arrival in Slovakia is not mandatory, the State Border Guard Service of Ukraine has said. “From February 4, 2022, upon arrival in Slovakia, persons who have overcome COVID-19 more than 180 days ago have the same conditions as those vaccinated. That is, for fully vaccinated persons, as well as for persons who have overcome the disease, home quarantine upon arrival in Slovakia is not mandatory,” the service said in a statement on its website on Wednesday.
Previously, people who had the disease were required to go into quarantine. Those who were vaccinated and survived the disease were required to register in the eHranica system.
For now, eHranice registration remains mandatory for unvaccinated individuals after each arrival in Slovakia.
“As for the quarantine for the unvaccinated, it is reduced from ten to five days after arrival in Slovakia, or quarantine is terminated after receiving a negative PCR test result, which can be done immediately after arrival in Slovakia,” the service said.
The service also said that under the rules adopted by the European Commission, for travelers with COVID-19 vaccination certificates, from now on, for EU countries, the vaccination certificate will be valid for travel for nine months. Given this decision, Slovakia has canceled the list of risk countries associated with the omicron coronavirus strain and the special conditions for persons arriving from risk countries.

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