Business news from Ukraine

IN UKRAINE RECORD NUMBER OF PEOPLE VACCINATED AGAINST COVID PER DAY

The Ministry of Health announced a record number of citizens vaccinated against COVID-19, a total of 97,130 people were vaccinated on June 25.
“A record number of vaccinations per day in Ukraine! 97,130 people were vaccinated against COVID-19 on June 25, 2021,” the Ministry of Health’s Telegram channel said on Saturday.
A total of 36,540 people received one dose, 60,590 citizens were fully immunized.
Since the beginning of the vaccination campaign, 1.871.511 people have been vaccinated, of which 1.871.509 people received one dose, 550,966 people are fully immunized (two doses) (two of them are abroad).

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EXPORT OF HONEY FROM UKRAINE IN 2020 REACHED AN ABSOLUTE RECORD

Export of honey from Ukraine in 11 months of 2020 reached an absolute record – 69,084 tonnes with a total value of $117.5 million, national consultant to the Food and Agriculture Organization of the United Nations (FAO) Hanna Burka has said.
“There is less than a month left before the start of the New Year 2021, but there is already a record for the export of honey. Its export from Ukraine in 11 months of 2020 reached an absolute record – 69,800 tonnes for a total of $117.5 million. The previous record was set in 2017 – 67,800 tonnes ($133.9 million),” she wrote on her Facebook page.
According to the expert, high demand for Ukrainian honey is observed from the countries of the European Union. It is due to a number of reasons: uncertainty with the further development of the situation with COVID-19, respectively, the active formation of residues for the entire 2020/21 season; poor honey harvest in the EU: according to preliminary estimates, its harvest fell by 40% due to unfavorable weather conditions.
Ukraine in 2019 exported 49,740 tonnes of honey (12 months), in 2018 – 41,740 tonnes.

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DTEK OIL&GAS REACHES RECORD DAILY GAS PRODUCTION

DTEK Oil & Gas LLC, which is responsible for the oil and gas business in the structure of DTEK energy holding, in May 2020 reached a record daily level of natural gas production both for the company and private companies in the amount of 5 million cubic meters (mcm), the company said in a press release.
“In May, DTEK Oil&Gas reached the daily natural gas production level of 5 million cubic meters. This figure was achieved for the first time in the history of the company and the entire private gas production of Ukraine,” the report said.
The daily maximum update was achieved through the implementation of infrastructure projects, a deep drilling program with the commissioning of new high-yield wells at Semirenkivske and Machukhske fields, as well as through measures to stimulate wells in the existing fund, the press release said.
“Despite the unstable economic situation in the country and the difficult conditions in the gas production sector due to record low gas prices, we are working hard to implement a strategy to increase natural gas production,” DTEK Oil & Gas CEO Ihor Schurov said.
As reported, in 2019 the company increased natural gas production by 0.66%, to 1.66 billion cubic meters.
DTEK Oil & Gas is an operating company responsible for the oil and gas sector in the structure of DTEK Group.

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GRAIN HARVEST IN UKRAINE COULD HIT RECORD OF 80 MLN TONNES

Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Sologub has said that grain harvest in Ukraine this year could reach 80 milion tonnes compared with 70.1 million tonnes in 2018. “This year, grain crops harvest in Ukraine could hit a record of 80 million tonnes, and this is not a coincidence, not a factor of favorable weather conditions, but rather an increase in the effectiveness of the agricultural sector, which has invested a lot in updating machinery and technologies in recent years,” the NBU said in a message on its Facebook page citing the deputy NBU governor.
In addition, according to Sologub, 80 million tonnes of grain is not the limit, and land reform can contribute to a significant increase in crop yields in the coming years.
As reported with reference to the Ministry of Agricultural Policy and Food, this year the harvest in Ukraine may reach 71.1 million tonnes (of which wheat – 27.8 million tonnes) compared to 70.1 million tonnes in 2018.

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UKRAINE’S SEAPORTS WILL ACCEPT RECORD VOLUME OF DIESEL FUEL – EXPERT

Ukraine’s seaports, whose share in import deliveries of diesel fuel is rapidly growing amid the introduction of duties on Russian resources supplied by pipeline, will have to accept a record volume of diesel fuel in the amount of 150,000 tonnes in October, director of A-95 Consulting Group (Kyiv) Serhiy Kuyun said on Facebook.
According to him, to date, the record volume fixed in the autumn of 2015 was 130,000 tonnes.
Kuyun said that in September the share of seaports in the structure of import deliveries was 20%, whereas a year earlier it was 10%. The share of fuel supplies from Belarus is 53% (against 36% in September 2018), Russian deliveries by rail 6% (against 3%), Russian deliveries through Gomel 12% (against 9%), and Lithuania’s share some 9% (against 8%).
“After the tense first half of September, when the price of diesel fuel increased by more than 11% due to deficit, the market was balanced by the end of the month even with a slight surplus. It will come in handy in October, when supplies from Belarus are expected to fall due to the halt of Mozyr oil refinery,” the expert said.
The required amount of fuel, he said, will be covered by increasing supplies through seaports, oil refining by Ukrtatnafta, and railway deliveries from Russia.
Commenting on the market price situation in September, he noted that the cost of diesel fuel is not yet striving to decrease.

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