Naftogaz is preparing to transfer the gas transmission system to the reverse mode if there is no gas transit contract with the Russian Federation

NJSC Naftogaz of Ukraine is conducting preparatory work for the reversal of the gas transmission system (GTS) in the reverse direction in the case if Russia stops gas transit from January 1, 2020.

The Verkhovna Rada rejected a ban on the installation of home solar stations on the ground

During the consideration of the draft lawin the second reading, the Verkhovna Rada rejected an amendment prohibiting the installation of domestic solar power plants on the ground, but then adopted it...

DTEK Akhmetova’s monopoly is replenished with two more regional power distribution companies –the AMCU has allowed

The Antimonopoly Committee of Ukraine has given permission for DTEK Neftegaz to acquire the majority shareholding in Kyivoblenergo and Odesaoblenergo from a group of Russian businessmen VS Energy.

Since the beginning of the year, the population has installed 33 MW of household SPPs

In January – March 2019, 1393 Ukrainian households installed solar power plants with a total capacity of 33 MW.

Poland stopped oil transit from Belarus in Germany because of the “risk of a serious industrial accident”

Poland stopped the transit of Russian oil from Belarus due to the high content of chlorides in it, which could damage equipment and lead to an accident.

Ukraine has acquired nuclear fuel for $45 million since the beginning of the year

In January-February 2019 Ukraine has acquired nuclear fuel for $45 million 155.4 thousand, 38% of which was paid to Russia.

Shebelinsky gas processing plant is ready to part of Belarusian oil products supplies of which are stopped

Domestic Shebelinsky GPP is ready to offer the market 15-20 thousand tons of light oil products.

Naftogaz reduced net profit by 64% to 13.6 billion UAH

As a result of activities in 2018, NJSC Naftogaz of Ukraine as a separate legal entity received a net profit of 13.6 billion UAH.

The United States will return sanctions against oil-importing countries from Iran. Because of this, oil becomes more expensive

Oil futures are rising in price against the backdrop of an official statement by the State Department that the United States will not extend the exemption regime for Iranian oil buyers.

Foreign investors agreed to build the first stage of a wind farm with a capacity of 250 MW in Kherson region

The Norwegian NBT and the French Total Eren closed the agreement on the second phase of project financing for the construction of the Sivash wind farm in Kherson region for €107.6 million.

Naftogaz increased gas prices for industrial consumers

In May gas prices for industrial consumers were increased by 5.2 – 11.5%.

Chinese CNBM will not invest in Ukraine’s solar energy until the problems with its existing SPPs are resolved

The Chinese group of corporations CNBM, which has a large portfolio of solar power plants in Ukraine, will refrain from further investments in the sector until the problematic issues around its Ukrain...