Energy news

NEURC approved the draft decision on the introduction of the annual natural gas price

The basic annual offer will run from May 1, 2021 to April 30, 2022.

Oil hits almost 14-month high after OPEC+ extends output cuts

Oil prices jumped more than 2% on Friday, hitting their highest in nearly 14 months after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand...

Vitrenko: Coal for Centrenergo will be supplied from state mines under direct contracts

He also said that the debts to the Nadiia mine will be paid off as soon as the law on the restoration of the powers of the acting president comes into force.

Akademik Cherskiy joined the construction of Nord Stream 2

The laying of two lines of Nord Stream 2 is planned to be completed by the end of September 2021.

Oil price continued to increase on Friday due to OPEC+ decisions

The ministers of the OPEC+ countries refused to increase oil production in April by 500 thousand barrels per day (bpd).

In 2020, Ukrenergo completed key activities to integrate the Ukrainian energy system to ENTSO-E

The company has finished the collection and preparation of data to create a mathematical model of the Ukrainian power system.

Bank of Japan stops financing coal plants

Last December, the bank decided to provide $1.7 billion for the construction of a new coal-fired power plant in Vietnam.

Power unit No.2 of Rivne NPP put into scheduled preventive repair

The preventive repair will take 45 calendar days.

Brent price went up to $64.64 per barrel

The JMMC meeting on March 3 ended without making any recommendations for the ministerial meeting.

Analytics

Average natural gas price in 2016-2020

How "exorbitant" the gas price has become for Ukrainians.

Ukraine reduced coal consumption and increased gasoline

Gas was saved at the beginning of the year. Then they began to consume more than last year.

Natural gas stocks in Europe

The total occupancy of European gas storage facilities (UGS) is 93.6%.

Electricity generation and consumption in January-August 2020

The volume of electricity production by enterprises of the IPS of Ukraine is 6.6% less compared to the corresponding period of 2019.

Day Ahead Market: August Results

Prices in Ukraine are lower than in neighboring European countries.

The DAM and IDM in the 1st half of 2020: surplus and low price

The weighted average price on the DAM is 12% lower, on the IDM – by 21% compared to the previous year.

Oil prices in March-July 2020: record highs

The situation with oil prices has not demonstrated stability over the past 4 months.

Gas price for household consumers 2018-2020

Gas has fallen in price by almost 3 times over the past year.

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