Business news from Ukraine

SPORTS PLAYERS FROM TEN COUNTRIES COMPETE FOR EIGHT SETS OF AWARDS AT SQUASH TOURNAMENT IN ODESA

The 11th international squash championship “Zenit Black Sea Open 2021” took place in Odesa. The competition was attended by players from England, Australia, Germany, Wales, Egypt, Romania, the United States, Moldova, Belarus and other countries, as well as sportsmen from Kyiv, Lviv, Kharkiv, Dnipro, Khmelnytsky, Poltava, Kherson, Odesa.

The winner in the PRO category among men (the main category of the tournament) was squash player from Egypt Ahmed Mohamed, and among women in the PRO category the first place was taken by Anastasiya Kostiukova from Ukraine.

The tournament had been held for four days on the courts of the SPORT LIFE fitness center.

The organizers of the tournament, Dmytro Scherbakov and Maksim Urakin, previously stated the need to popularize squash in particular and sports in general through organizing tournaments and attracting Ukrainian business to support sports. The main goal of the tournament, according to the organizers, was to strengthen sports and cultural ties between the countries and sports players, to popularize and develop squash in Ukraine, as well as to improve the skill level of young squash players.

Some 150 participants competed for awards in eight categories. The winners of the competition became:

Men (PRO Category):

First place – Ahmed Mohamed (Egypt);

Second place – Clegg David (Australia);

Third place – Dmytro Scherbakov Jr. (Ukraine).

Women (PRO Category):

First place – Anastasiya Kostiukova (Ukraine);

Second place – Sofiya Zrazhevska (Ukraine);

Third place – Olga Khmelevskaya (Belarus).

Men (Amateurs category):

First place – Oleksiy Alekseyenko (Ukraine);

Second place – Jack Lake (England);

Third place – Yevhen Popko (Ukraine).

Men (Category 40+):

First place – Kostiantyn Rybalchenko (Ukraine);

Second place – Tymofiy Zheludkov (Ukraine);

Third place – Thornton Ben (England).

Men (Category 45+):

First place – Viktor Kovalchuk (Ukraine);

Second place – Oleksandr Kostevych (Ukraine);

Third place – Dmytro Baluta (Ukraine).

Women (Amateurs category):

First place – Olha Zadorozhna (Ukraine);

Second place – Maryana Batrshina (Ukraine);

Third place – Valentyna Khomovska (Ukraine).

Youth tournament (Category BU-15):

First place – Roman Shkarupylo (Ukraine);

Second place – Artem Panchenko (Ukraine);

Third place – Danylo Kuryliak (Ukraine).

Category GU-15:

First place – Anastasiya Krykun (Ukraine);

Second place – Yelyzaveta Suprun (Ukraine);

Third place – Khrystyna Beheba (Ukraine).

Tournament organizers and sponsors:

Zenit Black Sea Open is the largest international squash tournament in the history of independent Ukraine. The scale of the championship is demonstrated both by the number of countries and participants, and by the large number of organizations involved in the preparation and holding of competitions.

The main organizer and fitness partner of the event was traditionally the national chain of fitness centers number one “Sport Life,” as well as the MaxEvents company.

The title sponsor was the SOCAR fuel and energy company.

The championship is sponsored by SOLARIS AGROLUX, TecnifibreReima.

Official beer of the tournament is from TERMOPUB.

Official wine partner is SHABO.

The partner of the party and the hotel of the tournament is Premier Hotel Odesa.

The medical partner of the championship is the Adonis medical group.

The fruit partner is USPA fruit.

The main media partner of the tournament is Interfax-Ukraine.

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INTERNATIONAL SQUASH TOURNAMENT IN ODESA TO GATHER 150 ATHLETES FROM OVER TEN COUNTRIES

The 11th International Squash Championship “Zenit Black Sea Open 2021” will take place in Odessa from August 19 to August 22, 2021. The venue will be the SPORT LIFE fitness center at 2 Heavenly Hundred Avenue. The competition will be held with the assistance of the Squash Federation.

In four days of the tournament, some 150 participants will compete for awards in eight categories:

Men – PRO, Amateurs, M40+ and M45+,

Women – PRO and Amateurs,

Juniors – boys and girls under the age of 15.

Organizer of the tournament Dmytro Scherbakov said the main goal of the tournament is to strengthen sports ties between countries and athletes in post COVID-19 period, to develop squash in Ukraine, and to increase the skill level of young squash players.

Co-organizer of the Zenit Black Sea Open 2021 tournament Maksym Urakin said that physical culture and sports in our country need the support from both the government and benefactors.

“The government has almost removed from the development of targeted programs of sports support, we thank our partners and businessmen benefactors for their assistance; athletes and sections, and, therefore, sports of the highest achievements, cannot do without the synergy of the government and business,” Urakin said.

Players from England, Australia, Germany, Wales, Egypt, Romania, the United States, Moldova, Belarus, other countries, as well as athletes from Kyiv, Lviv, Kharkiv, Dnipro, Khmelnytsky, Poltava, Kherson and Odesa will participate in the competition.

The tournament is scheduled to open on Thursday, August 19, and the award ceremony will take place on Sunday, August 22, at the five-star Premier Hotel Odesa.

Zenit Black Sea Open is the largest international squash tournament in the history of independent Ukraine. The scale of the championship is demonstrated both by the number of countries and participants, and by the large number of organizations involved in the preparation and holding of competitions.

The main organizer and fitness partner of the event was traditionally the national chain of fitness centers number one “Sport Life,” as well as the MaxEvents company.

The title sponsor was the SOCAR fuel and energy company.

The championship are sponsored by SOLARIS AGROLUX, TecnifibreReima.

Official beer of the tournament is from TERMOPUB.

Official wine partner is SHABO.

The partner of the party and the hotel of the tournament is Premier Hotel Odesa.

The medical partner of the championship is the ADONIS medical group.

The fruit partner is USPA fruit.

The main media partner of the tournament is Interfax-Ukraine.

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AZERBAIJANI SOCAR CONSIDERS POSSIBILITY OF INVESTING IN UKRAINIAN

The Azerbaijani service company SOCAR AQS is considering the possibility of investing in Ukrainian subsoil, Head of the State Service for Geology and Subsoil Roman Opimakh said following a working meeting in Kyiv on Monday.
“Representatives of SOCAR AQS are interested in investing in Ukrainian subsoil because of the presence of significant potential of both hydrocarbon deposits and raw materials for the production of batteries for electric cars and electronics in our country,” Opimakh wrote on his Facebook page
According to him, the parties agreed to continue the dialogue with the aim of introducing and implementing joint business projects.
Opimakh also invited Azerbaijani partners to pay attention to the Investment Atlas of a Subsoil User, created by the State Service for Geology and Subsoil, containing vacant subsoil areas with deposits of strategic and critical minerals, as well as a data-room of secondary geological information filled with descriptive information about subsoil use objects, land plots within the contours of deposits, and also geological reports.
According to Interfax-Azerbaijan, SOCAR AQS was established in 2007 by the State Oil Company of Azerbaijan (SOCAR), Nobel Oil Services and Abşeron Qazma Şirkəti as a joint venture providing comprehensive drilling and well management services. Nobel Oil Services is the main shareholder of SOCAR AQS.
The main activity of SOCAR AQS is the provision of services and work on the design and planning of wells, drilling oil and gas wells, drilling directional wells, drilling horizontal wells, well completion, workover, sidetracking and drilling of branched wells.

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SOCAR SHOWED INTEREST IN OIL STORAGE IN UKRAINE – UKRTRANSNAFTA HEAD

Azerbaijani Socar has shown interest in storing oil in Ukraine, but the current legislation does not allow providing such a service, Ukrtransnafta director general and head of the oil division of Naftogaz Group Mykola Havrylenko said.
“Socar, when they contacted us, said that they want to store oil for a year with the possibility of deciding where to put it: either process it or transport it by pipeline to Belarus, or again onto water with loading on tankers and sell in the free market. Our legislation does not yet allow such an opportunity,” he said.
Havrylenko recalled that the company applied to the Ministry of Finance in order to obtain permission to create a licensed customs warehouse based on its facilities for provision of oil storage services.
According to him, initially oil can be stored in the linear part of the Kremenchuk-Lysychansk oil pipeline section, where it is technically possible to place about 400,000 tonnes of oil.
“We submitted relevant initiatives to the Ministry of Finance, where, among other things, we propose recognizing the inactive section of the pipeline with certain nuances. If this is accepted, we will be able to enter the market with such capacity as this linear part of the pipeline,” the head of Ukrtransnafta said.
He also said that the tank farm at Pivdenny maritime oil terminal can currently accept 200,000 cubic meters, or 170,000 tonnes, but this is not enough even for the placement of oil from two tankers of 90,000 tonnes.

BSTDB TO PROVIDE EUR 20 MLN TO SOCAR TO BUY EQUIPMENT IN UKRAINE, TURKEY, ROMANIA, RUSSIA

The Black Sea Trade and Development (BSTDB) and SOCAR AQS, a major drilling and well services company headquartered in Azerbaijan, have reached an agreement to partner for advancing regional cooperation in the energy sector, according to a joint press release of the bank and the company.
“BSTDB is providing a EUR 20 million Trade Finance Facility to finance imports of industrial equipment and materials from BSTDB member countries,” they said.
The loan agreement was signed at the BSTDB Headquarters in Thessaloniki.
According to the press release, the transaction will have a strong regional and developmental impact through acquisition of casings, tubular, rig, well service equipment, drill bits, power generators, and crane equipment mainly from Russia, Romania, Turkey, and Ukraine.
“The partnership with SOCAR AQS will generate significant economic benefits and technological advancement opportunities for many producers and suppliers in the region. We hope to develop further our partnership in the coming years,” Dmitry Pankin, BSTDB President, said, signing the loan agreement.
“The partnership with BSDTB will enable SOCAR AQS to expand our business and further integrate to supply-chain ecosystem in the region,” Ramin Isayev, General Director of SOCAR AQS, said.

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POROSHENKO AND SOCAR PRESIDENT DISCUSS PROSPECTS OF PRODUCING FUEL

Ukrainian President Petro Poroshenko and President of Azerbaijan’s SOCAR state-owned oil company Rovnag Abdullayev at a meeting in Kyiv discussed prospects of expanding cooperation in the sphere of supplies of high-quality aviation fuel and the possibility of its production in Ukraine.
The press service of the head of state reported on Saturday that the SOCAR president thanked for the opportunity to take part in the session of the National Investment Council under the President of Ukraine. He said that the company “feels comfortable in Ukraine and develops rapidly.”
The parties discussed the “Turkish projects” of the company, the involvement of Ukraine in them and the prospects for further development of the oil refining complex in Ukraine.
“Next year, after the completion of strategic projects in Turkey, all attention will be paid to Ukraine. As development here is very successful,” the president of SOCAR said, adding that “in ten years in Ukraine, good conditions for business have been created just recently.”
Poroshenko pointed out the strategic nature of cooperation between the two states.
“I believe that we must take full advantage of those opportunities for the development and deepening of cooperation, including in the energy sector,” the president said. He also pointed out the importance of using this potential to diversify energy supply to Ukraine.
The parties also discussed the possibility of expanding cooperation in the supply of high-quality aviation fuel and its possible production in Ukraine given sharp increase in the air passenger traffic at Ukrainian airports, in particular, Boryspil, Lviv, Kharkiv, Dnipro, Odesa and other Ukrainian cities.
The State Oil Company of Azerbaijan Republic (SOCAR) is one of the largest operators of the world fuel and energy market. The key areas of the company’s activities are: development of new deposits, oil and gas production, refining of oil products, trading and research activities.

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