Business news from Ukraine

UKRAINE INCREASES ELECTRICITY EXPORTS BY 42.2% IN TWO MONTHS OF 2016

25 March , 2016  

KYIV. March 25 (Interfax-Ukraine) – Ukraine in January-February 2016 increased electricity exports by 42.2% compared to the same period in 2015, to 708.637 million kWh, a source in the Ministry of Energy and Coal Industry has told Interfax-Ukraine.

Electricity supplies from the Burshtyn TPP energy island in the direction of Hungary, Slovakia and Romania for the two months increased by 7% compared to January-February 2015, to 531.213 million kWh.

Electricity supplies to Poland amounted to 174.831 million kWh, while in January-February 2015 they were not carried out.

In January-February 2016 Moldova was supplied 2.593 million kWh of power, Belarus was not supplied electricity.

Ukrainian electricity was not exported to Russia in January-February 2015 and January-February 2016.

At the same time, in February 2016 exports of Ukrainian electricity amounted to 363.033 million kWh, which is 61.5% up year-on-year.

In addition, Ukraine in January-February 2016 imported 10.715 million kWh of electricity against 888.239 million kWh for the two months of 2015.

As reported, Ukraine in January-February 2016 exported electricity worth $29.49 million, in particular in February for $15.425 million. Hungary for the two months was supplied electricity worth $26.224 million, Poland for $3.083 million, Moldova for $180,000, other countries for $3,000.