Business news from Ukraine

UKRAINE’S ENERGY MINISTRY: UKRINTERENERGO TO HANDLE ELECTRICITY EXPORTS TO BELARUS

6 June , 2016  

KYIV. June 6 (Interfax-Ukraine) – Electricity exports from Ukraine to Belarus will be handled by state-run Ukrainian enterprise Ukrinterenergo, the press service of the Ukrainian Energy and Coal Industry Ministry has said.

“One of the most important issues discussed at the meeting [between Ukraine’s Energy and Coal Industry Minister Ihor Nasalyk and Belarus’ First Deputy Energy Minister Shenets in Mink on June 6] is the resumption of power exports from Ukraine to Belarus, which were suspended in November 2014. The sides have determined that state-run Ukrinterenergo will handle the electricity exports,” the ministry said.

According to the ministry, a draft Cabinet resolution on boosting electricity exports is now undergoing agreement with the executive agencies, and after it is approved, they will determine timeframe and volumes of power exports to Belarus.