Business news from Ukraine

MAIN MARKETS FOR UKRAINIAN ELECTRICITY EXPORTS ARE HUNGARY, SLOVAKIA AND ROMANIA

Ukraine in January-May 2019 increased electricity exports by 2.3% (by 60 million kWh) compared to the same period in 2018, to 2.713 billion kWh, 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 increased by 9.6% (by 161.2 million kWh), to 1.847 billion kWh.
Electricity supplies to Poland decreased by 15.2% (by 99.9 million kWh), to 556.6 million kWh.
Electricity supplies to Moldova amounted to 309.5 million kWh, which is 0.4% (1.2 million kWh) less than in January-May 2018.
For the five months of 2018 and 2019, Ukrainian electricity was not exported to Belarus and Russia.
In addition, in the first five months of this year, Ukraine imported 11.8 million kWh of electricity from the Russian Federation and Belarus compared to 14.8 million kWh in January-May 2018.

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UKRAINE CONSIDERABLY INCREASES ELECTRICITY EXPORTS IN Q1, MAIN IMPORTERS – POLAND, MOLDOVA, HUNGARY, SLOVAKIA, ROMANIA

Ukraine increased electricity exports 18.3% in January-March 2018 year-on-year to 1.596 billion kilowatt-hours (kWh), the Ministry of Energy and Coal Industry has told Interfax-Ukraine. Electricity supplies from the Burshtyn thermal power plant energy island in the direction of Hungary, Slovakia and Romania for the three month grew 0.9% compared to January-March 2017, to 1.026 billion kWh.
Electricity supplies to Poland rose 27.6%, to 423.327 million kWh. Ukraine exported 146.218 million kWh to Moldova in January-March 2018 compared to nil a year earlier.
No electricity was exported to Belarus or Russia in January-March 2018 or January-March 2017.
In March 2018, exports of Ukrainian electricity totaled 563.7 million kWh, which is 49.6% more than in March 2017.
Ukraine imported 8.92 million kWh of electricity in January-March 2018 (of which 8.559 million kWh from Russia and 0.361 million kWh from Belarus) versus 11.6 million kWh in the same period last year. Energomarket contracts account for the imports as technological transfers.

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COMPANIES FROM ROMANIA AND BELARUS TO CONDUCT HYDRAULIC FRACTURING AT 80 WELLS IN UKRAINE

Romania’s Tacrom and Belorusneft will conduct hydraulic fracturing at 80 wells of public joint-stock company Ukrgazvydobuvannia for UAH 486.5 million, according to the ProZorro e-procurement system. Tacrom, in particular, won a lot during a tender and conduct hydraulic fracturing at 50 wells of Ukrgazvydobuvannia for UAH 303.8 million. Belorusneft wins another lot and will conduct hydraulic fracturing at 30 well for UAH 182.725 million.
Tacrom and Belorusneft were the only rivals during the tender.
Ukrgazvydobuvannia, which is wholly owned by NSJC Naftogaz Ukrainy, is a large gas processing company, which accounts for about 75% of total gas output in the country. It operates Shebelynka gas refinery.

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ROMANIA APPROVES OPENING OF BORDER CROSSING POINT WITH FERRY COMPLEX, PLANNED INVESTMENTS – EUR 25 MLN

The government of Romania has approved the opening of the Isaccea (Romania)-Orlivka (Ukraine) border crossing point. The respective document signed by Romanian Prime Minister Viorica Dancila was published by Deputy Chairman of the Odesa Regional Council Yuriy Dichmohlo. “This is a merit of the joint teamwork of the Infrastructure Ministry and the Ministry of Foreign Affairs of Ukraine, as well as the Odesa Regional Council and the regional administration,” he said.
According to the document, the Romanian customs office will also be located on the territory of the border crossing point.
As reported, in December 2013, the construction of the Izmail-Tulcea (Romania) and Orlivka-Isaccea (Romania) ferry complexes was included in the concept of the national targeted regional program on the development of the Danube region in Ukraine for 2014-2017.
Ukraine’s Orlivka Ferry Complex LLC and Romania’s MBS-invest with support of English and Cypriot investors plan to launch ferry across the Danube River between Orlivka and Isaccea. Ukraine planned to invest EUR 5 million, and Romania – EUR 20 million. It was planned to create a free economic zone with warehouses and infrastructure apart from the ferry complex.
It is planned that the ferry capacity will be 170,000 passenger cars and trucks a year. The project on the construction of the ferry across the Danube River has been discussed since 1998. The principal agreement on the construction of the ferry between Romania and Ukraine was reached in 2006.

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