Business news from Ukraine

UKRAINE REDUCES OIL TRANSIT TO EUROPE IN 2019

Oil transit through Ukraine to European countries in 2019 decreased by 1.6% (by 208,200 tonnes) compared to the same period in 2018, to 13.127 million tonnes, JSC Ukrtransnafta has reported.
The volume of oil transportation to oil refineries in the country in 2019 amounted to 2.382 million tonnes, which is 13.4% (281,300 tonnes) more than in 2018.
Thus, in 2019, the share of transit volume in the total transportation of oil (15.509 million tonnes) was 84.6%, the share of pumping to the country’s refineries was 15.4%.
In December 2019, oil transit through Ukraine by pipelines decreased by 5.7% (by 69,700 tonnes) compared to the same month of 2018, to 1.160 million tonnes, while pumping to the country’s refineries increased by 18.1% (by 31,700 tonnes), to 207,100 tonnes

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UKRAINE RAISES OIL TRANSIT TO EUROPE BY 33% IN NOV

Oil transit through Ukraine to European countries in January-November 2019 decreased by 1.1% (by 138,400 tonnes) compared to the same period in 2018, to 11.967 million tonnes, according to data from JSC Ukrtransnafta. The volume of oil transportation to oil refineries in the country for the 11 months amounted to 2.175 million tonnes, which is 13% (249,600 tonnes) more than in the same period in 2018.
Thus, in January-November 2019, the share of transit volume in total oil transportation (14.142 million tonnes) amounted to 84.6%, the share of pumping to the country’s refineries some 15.4%.
In November 2019, oil transit through Ukraine by pipeline increased by 33.6% (by 334,700 tonnes) compared to the same month of 2018, to 1.330 million tonnes, pumping to the country’s refineries by 10.5% (by 19,700 tonnes), to 206,800 tonnes.

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OSCE CHAIRPERSON-IN-OFFICE LAJČÁK: CRISIS IN UKRAINE IS KEY SECURITY PROBLEM IN EUROPE

The crisis in Ukraine and around Ukraine is the key problem of security on the European continent, OSCE Chairperson-in-Office and Slovakia’s Foreign Minister Miroslav Lajčák said in an interview for the Faces of Peace project.
“The number of casualties we have seen in eastern Ukraine in the past five years is higher than anything we have seen elsewhere in Europe this century,” he said.
Lajčák said the OSCE’s Special Monitoring Mission (SMM), which is made up of more than 1,300 members, has done extremely important work since it was deployed in Ukraine during the spring of 2014.
“Our monitors are in the field observing and reporting on ceasefire violations, monitoring the latest developments and the hardship faced by people,” he said.
Lajčák evaluated the current situation in eastern Ukraine, noting that the ceasefire agreement starting on July 21, 2019, was a positive development leading to a significant decrease in the number of casualties among the civilian population and ceasefire violations.
“Nevertheless, unfortunately recently (As at October 11, 2019) there were days when there were more ceasefire violations than before recommitment,” he said.
Lajčák focused attention on the fact that “positive dynamics between Russia and Ukraine led to the exchange of prisoners” and noted important steps in taken under the aegis of the Trilateral Contact Group on regulating the situation in Donbas, where the sides agreed to the process of withdrawing forces and the so-called Steinmeier Formula. He also noted repair work done to help people crossing the bridge in Stanytsia Luhanska.
Lajčák expressed the hope that there would soon be a summit of Normandy Four leaders (Ukraine, Germany, France and Russia).
“There have been very good discussions within the Normandy Format that will, I hope, lead to a long-awaited Summit of the Normandy Four leaders,” he said.
Slovakia has had the rotating chairmanship of the OSCE since January 1, 2019, when Lajčák became Chairperson-in-Office. Ukrainian Foreign Minister Vadym Prystaiko has invited him to jointly visit Stanytsia Luhanska and inspect infrastructure repairs there.

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UKRAINE AND SLOVAKIA TO DO EVERYTHING FOR STABLE GAS SUPPLIES TO EUROPE

Ukrainian President Volodymyr Zelensky has said that Ukraine and Slovakia would do their best for ensuring stable supplies of gas to Europe.
“Ukraine and Slovakia are reliable gas transit countries, and we will make every effort to ensure uninterrupted gas supplies to the European market,” he said at a briefing in Kyiv on Monday after meeting with Slovak President Zuzana Čaputová.

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UKRAINE SUSPENDS OPERATOR CERTIFICATE OF EUROPE AIR CARRIER

The State Aviation Service of Ukraine suspended the Air Operator’s Certificate No.UK 046 of Europe Air Kyiv Airline from 00:00 UTC (03:00 Kyiv time) on July 27, 2019.
The decision was taken by the permanent Commission on certification of operators, organizations for the maintenance and continuing airworthiness, designers and manufacturers of aircraft, schools for pilot training in Ukraine, flight and technical personnel of the State Aviation Service, as the regulator’s press service reported.
According to the State Register of Aircraft of Ukraine, Europe Air operates five freight IL-76 TD planes, which were produced in 1900-1992 and belong to Infinite Seal Inc.
The company’s airport is based in Kryvyi Rih, however, the flights are mainly served from the airport in Sharjah (United Arab Emirates) to the states of Africa, India, Pakistan, Afghanistan, Sri Lanka, Indonesia, Turkey, Kazakhstan, Bulgaria, Georgia and Lithuania, the company says on its website.
Revenue of Europe Air was UAH 2.2 million, a net profit – UAH 0.26 million in 2017.

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DTEK PLANS TO IMPORT ELECTRICITY FROM EUROPE

DTEK intends to begin importing electricity from Europe within the Burshtyn Energy Island in July 2019, according to the Facebook page of D.TRADING.
“Our company also plans to start importing electricity as early as July with the further active development of this direction of business in the coming months,” Dmytro Maliar, the director for the D.TRADING energy portfolio management, said.
According to him, imports in the new market will allow increasing the level of competition.
Earlier, on July 1, ERU Trading LLC announced the implementation of test imports of electricity from Slovakia and Hungary within the Burshtyn Energy Island.
D.TRADING conducts wholesale trade in electricity, natural gas and coal in the domestic and foreign energy markets.

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