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May 19, 2013

Ukraine Proceeds With LNG Terminal Project

Ukrainian capital Kyiv just finished hosting the first international conference The Global LNG Revolution and Energy Independence of Ukraine.

May 16, 2013

USDA: Ukraine - Among Top World Corn And Coarse Grains Exporters in 2013/2013 MY

Ukraine is expected to show double-digit increase in the production and export of corn, wheat and coarse grains in the 2013/2014 marketing year (MY), which starts July 1. Such statement was released by Forbes.ua based on the report produced by the United States Department of Agriculture (USDA).

May 15, 2013

Ukraine Imports Record Amount of Gas from the EU

Ukraine imported over 120 million cubic meters of natural gas in April 2013 from Poland alone, reported the press service of the public gas transporting company Ukrtransgaz. This number exceeds the volumes of gas imported in March by 4.2 times (24.3 million cubic meters). Additionally, last month Ukraine imported over 18 million cubic meters of gas from Hungary.

May 14, 2013

A.T. Kearney: Ukraine, Poland – Future European Leaders in Shale Gas Production

Ukraine and Poland are likely to spearhead Europe regarding shale gas production by 2035, reported the global consulting company A.T. Kearney, as cited by bloomberg.com. In part, the two Eastern European countries will lead the region thanks to the present political support, said at A.T. Kearney. Notably, Europe possesses close to seven percent of world shale gas supplies.

May 8, 2013

Ukraine Expands Energy Willow Acreage

Ukraine started growing the so-called energy willow (osier, or salix viminalis) for industrial use in the Rivne region - western part of the country, reports the Cabinet of Ministers of Ukraine website. More than 5,000 hectares (over 12,000 acres) of land were allocation for planting the efficient biomass material. The move goes in line with the state policy of energy saving and allows the use of low-yield farmland as energy willow readily takes root, grows fast and is generally low-maintenance.

May 3, 2013

Ukraine Has Largest Gas Storage Facilities in Europe - EU Energy Commissioner

Ukraine is not only a gas transit country, it possesses Europe’s largest underground gas storage facilities, said EU Energy Commissioner Günther Oettinger after Ukraine - EU roundtable regarding Ukrainian gas market, held in Brussels, informs UNIAN. Ukrainian Energy and Coal Industry Minister Stavytskyi reminded that, at present, Ukrainian gas storage facilities could accommodate 31 billion cubic meters of gas. Moreover, it is planned to extend that capacity up to 50 billion cubic meters.

April 29, 2013

iForum 2013 - Grand Fiesta for Ukrainian and Foreign IT Professionals

The biggest conference of Internet technology developers in Ukraine gathered more than seven thousand people under one roof this year. Five informational streams were available to the attendees of the conference where the top-notch speakers shared innovative and valuable IT knowledge with their audience.

April 26, 2013

Kyiv Gets Its Very Own City Card

Starting mid-May 2013, Kyiv tourists will have a chance to buy a tourist discount card Kyiv City Card. The card holders will get discounts at Kyiv hotels, hostels, restaurants, cafes, and bars. Discounts will also be applicable while using taxi, interpreter, legal, and medical services. The tourists will also enjoy free museum visits and free tours around city with an English-speaking guide within the discount program of the Kyiv City Card.

April 24, 2013

Global FSRU Leader Signs Up for Ukraine’s LNG Terminal Project

American LNG solutions company Excelerate Energy will launch a preparation of engineering works for the floating storage and regasification unit (FSRU) in the Black Sea near the southern Ukrainian city of Odesa. Such is the outcome of the agreement signed between the company and the Ukrainian state enterprise LNG Terminal National Project, as reported by the official website of the State Agency for Investment and National Projects of Ukraine.

April 23, 2013

Ukraine and Ireland Eliminate Double Taxation

Ukrainian and Irish officials signed a Double Tax Agreement in Kyiv during the official visit by the Irish Minister of State at the Department of Finance Brian Hayes. The document is to advance Ukraine - Ireland economic and trade ties, help avoid double taxation and prevent fiscal evasion.

April 22, 2013

Ukraine Starts Joint Combine Harvester Production With Germany

This year Ukraine will launch a line of high-performing harvesting combines Tucano-440 jointly with the German company CLAAS. The combines will be produced at the OOO NPP Kherson Machine-Building Plant in southern Ukraine. CLAAS representative Jan-Hendrik Mohr stated that the jointly produced machinery would be used in Ukraine by the end of this year.

April 18, 2013

Agriculture Minister: Ukraine Will Process Agricultural Waste Into Fuel Pellets

In two years Ukraine will switch to processing wood and agricultural waste into fuel pellets, said Minister of Agrarian Policy and Food of Ukraine Mykola Prysyazhnyuk during his trip to Vinnitsia on April 16, 2013.

April 18, 2013

EU Countries Show Interest in Ukraine’s Gas Transportation System

Poland, Hungary, Italy, Germany and other European states are currently negotiating the use of Ukraine’s underground gas storage facilities. This was announced by Ukraine’s Minister of Energy and Coal Eduard Stavytskyi at a press conference in Kyiv. According to the minister, Poland, for instance, considers using gas storage facilities to be able to control the prices on the domestic natural gas market.

April 18, 2013

Ukraine and China Start Joint Manufacturing of Tractors

Ukrainian state machine building company Yuzhmash signed cooperation agreement with Chinese companies CITIC International Contracting Co., Ltd. and YTO International, Ltd. to build tractors YTO-PMZ and supply them to Ukraine. The agreement regulates tractor model range, production volume and sources of financing.

April 12, 2013

Ukraine Will Liberalise Gas Market by 2014 - Ukraine’s Energy Official

Ukraine will complete the liberalization of its gas market according to the European standards by 2014. Such plans were announced by Volodymyr Makukha, the Deputy Minister of Energy and Coal Industry of Ukraine. Ukraine intends to finish the restructuring of its gas monopoly Naftogaz and attribute the functions of gas extraction, storage, transporting, purchasing, and selling to independent entities.

April 12, 2013

Ukraine Gets Lower Interest Rate on New Eurobonds Placement

Lower interest rates for Ukrainian Eurobonds indicate that international investors see Ukraine as a reliable borrower. This was stated by Ukraine-based experts when commenting on the 7.5 percent interest rate on the recent placement of bonds worth USD 1.25 billion vs. 7.8 percent interest rate for November 2012 Eurobonds issue, as reported by unian.net.

April 11, 2013

U.S. Lends a Helping Hand to Ukrainian Democracy

The U.S. will allocate USD 54 million to support democracy and reforms in Ukraine in 2014. The financial aid is to assist in the development of democratic, prosperous, safe, and fully integrated into the Euro-Atlantic community Ukraine. The funds will be provided through the State Department and the United States Agency for International Development between October 1, 2013, and September 31, 2014.

April 10, 2013

Ukraine Creates ELISA Test to Diagnose HIV Infection Earlier

Ukraine has developed a highly sensitive ELISA test system for early diagnostics of HIV infection, reported Ukrainian State Agency for Science, Innovation and Informatization. The new test system is claimed to have higher sensitivity and lower price tag.

April 9, 2013

Ukraine, Japan Agree on Projects Worth Under Half-Billion USD

Ukraine and Japan approved 536 joint projects, which will be implemented with the funds Ukraine acquired by selling its emission reduction commitments under the Kyoto Protocol. The total cost of the agreed projects reaches USD 475 million, announced Ukraine’s Minister of Environment and Natural Resources Oleh Proskuryakov.

April 8, 2013

Ukraine Increases Sunflower Oil Export to China

More than 100 thousand tons of sunflower oil have been exported over to China since the beginning of the 2012-2013 marketing year, reports Ministry of Agricultural Policy and Food of Ukraine. Currently, Ukraine maintains positive trend with respect to export of sunflower oil, remaining the leader among the world exporters of this product, reads the statement of the ministry.

April 5, 2013

Ukraine, EU Set Gas Roundtable Date

On May 3, 2013, Ukraine and the EU will hold a roundtable regarding the issue of the Ukrainian gas market development. The event will be held in Brussels. Its preliminary date has been agreed during the March 26, 2013, meeting of the Ukraine’s Minister of Energy and Coal Eduard Stavytskyi and EU Energy Commissioner Günther Oettinger.

April 5, 2013

Ukraine Has Promising Agricultural, Investment and Energy Potential - US Ambassador

Ukraine may become a leading producer of agricultural products in the world, stated the U.S. Ambassador to Ukraine John F. Tefft during the meeting with the Governor of Donetsk Oblast Andriy Shyshatskiy, as reported by Unian.

April 4, 2013

World Bank Compliments Progress of Urban Infrastructure Project in Ukraine

Ukraine has significantly accelerated the implementation of the Urban Infrastructure project since January 2013, noted Country Director for Ukraine, Belarus and Moldova, Europe and Central Asia Qimiao Fan.

April 3, 2013

Ukraine Doubles Capacity of Solar Power Stations

In 2012, the capacity of solar power stations in Ukraine increased twofold. The amount of solar power energy produced last year by Ukrainian stations exceeded 371 MW, according to the annual report by the National Commission on the State Management of Energy.

April 2, 2013

Ukraine More Than Doubles Gas Import From Europe

Ukraine has increased its gas import from Europe through Poland to five million cubic meters per day starting April 1, 2013, reports Ukrtransgas, the Ukrainian gas transit state monopoly. This is 2.5 times the previous average amount of two million cubic meters per day.

April 2, 2013

Ukraine Exports Over 19 Mln Tons of Grain in 2012-2013 Marketing Year

Ukraine exported 19.5 million tons of grain in the current marketing year as of March 30, 2013. In February-March alone, 3.2 million tons of grain were supplied to the foreign markets, reported the Ukrainian Ministry of Agricultural Policy and Food. Aditionally, around 1.3 million tons more are ready to be shipped off shortly.

March 28, 2013

Hungary Supplies Gas to Ukraine

Today Hungary has begun supplying German gas to Ukraine, informed the Prime Minister of Ukraine Mykola Azarov. He noted that the existing gas transporting system between the countries, originally built to supply gas to the rest of Europe, was now working in reverse in order to deliver gas to Ukraine.

March 28, 2013

Ukraine Develops Engine for Indian Rocket Carriers

Ukraine and India will continue working on a joint project Jasmine, which involves the development of rocket engine for Indian rocket carriers, reports press service of the Cabinet of Ministers of Ukraine. This was highlighted during the meeting between the Deputy Minister of Economic Development and Trade of Ukraine Alexander Pinsky and the chairman of Indian Space Research Organization (ISRO) Sarvepalli Radhakrishnan on March 19-22, 2013, in India.

March 21, 2013

Ukraine Provides Uruguay With Transformers

Ukrainian public company Zaporizhtransformator will supply eight transformers to the Uruguayan state-owned power company UTE, reports the press service of the Ukrainian producer. Ukrainian enterprise won the tender against eight international companies, including Siemens, Hyundai, Hyosung, and TBEA.

March 15, 2013

EBRD Supports Ukraine’s Membership in Grain Twenty Initiative

The world’s largest grain producers should join Grain Twenty initiative, proposed by the French Minister of Agriculture Stéphane Le Foll, and Ukraine prepares to be a part of it.

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