Naftogaz third Quarter and nine months 2020 financial results: Improvements deliver cash in a difficult environment

Reported loss for the quarter was UAH 5.5 billion, compared with a loss of UAH 4.8 billion for the third quarter of 2019

Naftogaz received permission to develop offshore gas fields

The Cabinet of Ministers adopted a resolution allowing Naftogaz to engage in developing and producing natural gas from offshore fields.

The Cabinet of Ministers dismissed Buslavets: the Ministry of Energy is headed by Boyko

The Cabinet of Ministers adopted two draft resolutions on personnel decisions in the Ministry of Energy.

The Cabinet of Ministers approved the list of priority investment projects for the period until 2023

The list includes 13 energy projects.

Guaranteed Buyer puts electricity produced in December up for auction

Trading will take place on November 20, 2020, at the Ukrainian Energy Exchange.

Ukrenergo will be able to attract loans on favorable terms to balance the electricity market

This will help improve the level of settlements in the electricity market, in particular, and ensure the implementation of the Memorandum with investors in renewables.

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.

Gas price for household consumers 2018-2020

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

The reserves of almost all types of fuel decreased during a year in Ukraine

Except of coal.

Electricity sales on the day-ahead market decreased in February

According to the state-owned enterprise Market Operator, the volume of electricity sales on the day-ahead market (DAM) in the IPS of Ukraine trade zone decreased by 12.53% in February 2020.