Europe & Eurasia Energy News Articles for November 20, 2013
Energy Technology and Governance Program
Weekly collection of energy news articles for the region. Click on the links for access to original publications.
Albania
Secretariat discusses implementation of the Energy Community acquis communautaire with key Albanian policy-makers – (Energy Community) During a two-day mission to Albania, Energy Community Director Janez Kopač, Deputy-Director Dirk Buschle and Expert Adrian Jasimi met with Prime Minister Edi Rama and Energy Minister Damian Gjiknuri. Mr Kopač took the opportunity to stress the importance of much needed reforms in the energy sector…
Albania's Energy Sector: Vulnerable to Climate Change – (The World Bank) Water resources are a national asset for Albania: the river Drin generates about 90% of the electricity used by Albania's local industry and households…
Construction of the pathways of TAP gas in Albania to start next year – (BalkanEU) Trans Adriatic Pipeline (TAP) has planned to start next year the construction of pathways for the gas pipes in the areas where it will pass in Albania…
FM: Bulgaria Will Support Albania’s EU Candidacy – (Novinite) Bulgaria will support Albania in its candidacy for the European Union, said Foreign Minister Kristian Vigenin. Among the possible areas for partnership, the diplomats pointed out energy, infrastructure, trade, cultural and educational exchange…
Bulgaria
We strive for keeping electricity price in Bulgaria unchanged by the end of July: energy watchdog– (Focus) The procedure for withdrawing the license of CEZ has been completed by the moment, but the inspections are underway and in case of established irregularity is imposed sanction. That is what chairperson of the State Energy and Water Regulatory Commission (SEWRC) Andzhela Toneva said for BNT…
Bulgarian Energy Holding Looking for a Consultant for New Kozloduy NPP Unit– (Energetika) A notice published on the website of the state holding company indicates that a procedure has been opened for direct negotiation with the title "Development of a roadmap for construction of new nuclear power…
Bulgaria's Energy Ministry, Kozloduy Fund Sign 5 Grant Agreements – (Novinite) Bulgaria's Ministry of Economy and Energy and the donors of the Kozloduy International Decommissioning Support Fund signed five new grant agreements worth over EUR 85 M in London…
Bulgarian energy sector receives over 85 million Euros in grants from Assembly of Donors of International Fund Kozloduy– (Energetika) The Fund shall provide additional financial assistance in the amount of nearly 35 million euros for the implementation of five high-priority – from Bulgarian point of view – energy projects within the…
In Bulgaria, electricity export decreases due to infrastructure repairs– (Energetika) In September 378,000 MWh of electricity were exported compared to 1 million MWh in the previous month. The decrease is huge compared to the amount of electricity sold overseas in September in the previous three…
Over 100 Archaeological Sites Lie at the Bulgarian South Stream Route– (Energetika) The gas pipeline South Stream will pass through 540 km of the territory of Bulgaria. A year ago Bulgarian archaeologists studied the entire route and found that there are more than 100 archaeological sites and…
Four Questions on Shale Gas Development in Europe and the U.S. – (Brookings) Can the U.S. shale gas boom happen in Europe? The short answer to that question, is no. A combination of factors have contributed to the U.S. shale gas and oil boom, namely favorable geological conditions, (access to) infrastructure, substantial public support (amongst others spurred by attractive mineral rights legislation), available service industry, broad political support, a large market, and a favorable fiscal climate…
Raiffeisenbank Bulgaria Provided with Loan by EBRD– (FriedINews) The European Bank for Restructuring and Development will provide Raiffeisenbank Bulgaria EAD with a new loan totaling € 15m. The new loan is aimed at boosting the bank’s endeavors in energy efficiency as it was provided under the Bulgarian Energy Efficiency for Competitive Industry Finance Facility (BEECIFF)…
Bosnia and Herzegovina
Elektroprivreda BiH Sees Construction of Janjići Plant in 2015– (Energetika) The planned installed power of the Janjići power plant would be 13.3 megawatts (MW) and its annual production level would amount to 68.25 gigawatt-hours (GWh), local media in the Federation B-H reported, citing…
Bosnia: New projects of power utility company EPBiH, construction of HPP Janjici in 2015 – (Serbia Energy) New projects of power utility company EPBiH, construction of HPP Janjici in 2015…
Republika Srpska: Windpark 51MW, Preparations for the construction of a wind farm near Nevesinje started – (Serbia Energy) Windpark 51MW, Preparations for the construction of a wind farm near Nevesinje started…
Bosnia's firms cooperate in electricity trading– (Energetika) Bosnia and Herzegovina consists of the Federation B-H, controlled jointly by Bosnian Muslims and Croats, and Republika Srpska, which is under control of Bosnian Serbs. Virtually all energy utility firms are…
Location permit issued for South Stream pipeline – (b92) Dušan Bajatović, general manager of the joint-venture company South Stream Serbia, has been given the location permit for the construction of the pipeline…
Bosnia's Republika Srpska to get Connection to South Stream – (Energetika) He said that a pipeline connection between Republika Srpska and the main route of South Stream was an active project for which the President of Republika Srpska, Milorad Dodik, and the top representatives of…
Gazprom OAO (EDR) : South Stream advancing steadily – (4-traders) The Gazprom Management Committee took note of the information concerning the progress with the South Stream gas pipeline construction. It was pointed out that the project was advancing steadily. Intensive efforts are being made in all of the countries to be crossed by the gas pipeline…
Croatia
Croatia: Market operator and TSO to establish the electricity stock exchange– (Serbia Energy) Market operator and TSO to establish the electricity stock exchange…
Cro Eco Energy Expo starts in Varazdin – (Croatian Times) A renewable energy fair will start on Friday and will last until Sunday in the northern Croatian town of Varazdin. Cro Eco Energy Expo will take place for the fifth consecutive time offering a possibility to promote renewable energy projects but also to exchange knowledge and experience from this area of business…
EVN Croatia begins construction works on gas grid in Split area – (Energetika) Dugopolje is located some 20 kilometres north of the Adriatic city of Split.EVN Croatia's Director, Werner Casagrande, said at an energy conference in Podstrana near Split that he was satisfied with the…
Valmet to deliver biomass plant for Uni Viridas in Croatia – (PulpaperNews) Metso's Pulp, Paper and Power business, the future Valmet, will supply Uni Viridas d.o.o. with a complete biomass fired power plant, which will provide power and heat to the city of Babina Creda in Croatia…
Biomas power plant to be built in Babina Creda, Croatia – (NaturEnergy) Metso company will ensure supply for Uni Viridas a biomass power plant, generating heat and electricity for the citizen of Babina Creda in Croatia. The installation is planned to be commissioned in 2015…
EU Pushes for Balkan Gas Market – (Natural Gas Europe) Regional energy integration, specifically of gas markets, was the message at a recent international forum in Belgrade from the Energy Community. The Energy Community (also known as the Energy Community of South East Europe) is a community established between the EU and nine contracting parties to extend the EU internal energy market to South East Europe, the Black Sea region and beyond…
Kosovo
Kosovo pays a heavy toll for lack of reliable energy– (The Guardian) At the end of a dirt road, in the central Kosovan municipality of Obilić, lies Plemetina, a labyrinth of hastily constructed houses. Home to about 2,500 people, it is nestled below Kosovo B, a 600-megawatt, lignite-fuelled thermal power plant that belches black toxic fumes day and night…
Bratislava promises Kosovo support for the negotiations with the EU– (BalkanEU) Hoxhaj considered the opening of negotiations for the Stabilization and Association Agreement (SAA) as a very important achievement in the path of Kosovo toward EU integration, stressing the strong engagement of the government in meeting the European integration agenda…
Macedonia
10 facts about FYR Macedonia's energy sector– (The World Bank) Thermal power plants represent approximately 66% of FYR Macedonia’s power generation, while hydro power plants account for the remaining 34%...
Montenegro
Montenegro plans to sign a contract with the World Bank for the project "Energy Efficiency in Montenegro"– (Balkans) Montenegro's Finance Minister Dr Radoje Žugić associates met with Anabel Abreu, head of the World Bank Office for Montenegro and Bosnia-Herzegovina. The meeting also discussed the status of the projects, with the support of the World Bank, implemented in Montenegro, concerning the field of energy and environmental protection…
Montenegro: Undersea power cable with Italy – What Montenegro receives with the largest investment in the energy sector? – (Serbia Energy) What Montenegro receives with the largest investment in the energy sector…
Ten bidders have submitted offers small Montenegrin hydro power plaints concession– (Balkans) Ten bidders have submitted offers for the construction of small hydro power plaints in eight Montenegrin streams. In the following procedure, bids are evaluated and ranked based on the criteria for selection of the best deals…
Romania
3TIER selects Kompact Grid as partner in Romania– (Focus) New relationship brings advanced wind and solar forecasting capabilities to the country…
Romania comes 18th on list of countries’ performance to tackle climate change – (DailyNews) A worrying report about climate change has ranked Romania 18th in terms of the best performing countries. However, Romania was technically 15th as the authors decided to leave the first three places blank because no country was actually doing enough to prevent “dangerous climate change”…
State-Owned Gas Company Romgaz Listed on London Stock Exchange – (Energetika) Ponta pointed out that this was a historic moment for Romania, Agerpress informs. The Prime Minister underlined that it was the first time a state-owned company had ever been listed in such international…
3Tier to Partner with Kompact Grid on Forecasting in Romania– (SolarNovusToday) 3TIER, a specialist in renewable energy assessment and forecasting, today announced that it has secured a partnership with Kompact Grid in Romania…
EBRD sells its stake in Romania's Petrom to exit the company – (Energetika) “The sale represented the remainder of the bank’s holding, with the EBRD having exited partially from its holding in November last year. The sale reflects strong institutional demand for Romania and Petrom’s…
World Energy Council launches the report on natural gas resources from unconventional deposits in Romania– (The Diplomat) Romanian National Committee of World Energy Council (WEC) held recently a press conference dedicated to the launch of the report "Resources of natural gas from unconventional deposits - potential and capitalization" (prepared at the initiative of CNR - CME)…
Energy IPOs add lustre to Romania bourse, reform needed– (Business Recorder) Romania's initial public offerings of state-controlled energy majors Romgaz and Nuclearelectrica will boost liquidity on the country's stock exchange that is in dire need of reform to lure investors, its chief executive said…
Serbia
Serbs Sign $716 Million Coal Plant, Mine Deal With CMEC – (Bloomberg) China Machinery Engineering Corp. (1829) signed a $716 million deal to build Serbia’s first new coal-fired power plant unit in 23 years and expand a mine as the Balkan state seeks to replace communist-era infrastructure…
Serbia to monitor and control greenhouse gas emissions by 2015 – (Balkans) Serbia should begin monitoring and controlling the emission greenhouse gases from industrial facilities by 2015, according to what was said at a meeting on the EU emission trade system on Wednesday, reports B92…
Serbian PM Meets General Electric Officials – (inSerbia) Serbia’s Prime Minister Ivica Dacic said on Monday he had met with officials of General Electric in New York and discussed cooperation in a number of areas, including a wind farm project worth EUR 300 million…
Srbijagas: Two years for construction of South Stream in Serbia– (Energetika) Bajatović, who is also Chief Executive Officer of Srbijagas, said that the construction works could take around two years and that the value of the Serbian stretch was assessed at 1.9 billion euros…
Serbia exclusive: Serbian power utility is preparing for 2014 market liberalization, EPS CEO Aleksandar Obradovic interview– (Serbia Energy) Serbian power utility is preparing for 2014 market liberalization…
Continued disagreement over the construction of the South Stream pipeline through Serbia– (Energetika) Leonid Reshetnikov, Director of the Russian Institute of Strategic Studies was more direct, noting in a recent interview for the Serbian newspaper NIN that Minister Mihajlović was “sabotaging the agreement…
Agreement to build South Stream in Serbia is in collision with EU rules – (Balkans) The agreement to build South Stream in Serbia is in collision with EU rules in many points, said the deputy director of the Energy Community Secretariat…
Serbia's Energy Agency approved a cut in gas prices for public supply by 2.7 percent – (Balkans) Serbia's Energy Agency approved a cut in the price of gas for public supply by 2.7 to 3.5 percent on the average which will enter into force of December 1. The average drop of the price of public supply gas for households will total between 2.9 and 3.4 percent and for all buyers it will range from 2.7 to 3.5 percent, the Agency said…
Armenia
Armenia keeps negotiating with investors on the new NPP’s construction – (ArmPress) Armenian is involved in the negotiations regarding the construction of a new Nuclear Power Plant in Armenia…
Collection of signatures against gas, electricity price hike on in Armenia – (Armenia Now) A 10-day collection of signatures is underway in Armenia against the increase in the prices of natural gas and electricity…
Armenia’s minister of finance to participate in intergovernmental commission meeting in Washington – (AKRA) Armenian delegation headed by minister of finance David Sargsyan is to head to Washington Wednesday to participate in the Armenian-American intergovernmental commission on economic issues, the press office of Armenian ministry of finance reported…
Armenian nuclear power station continues working – (The Messanger online) After the planned renovation, the Armenian nuclear power station restarted functioning and producing electricity on November 10, 2013. The nuclear power station in Metsamor, Armenia was halted on September 22 for a regular planned inspection, renovation and the increase in security measures…
Azerbaijan
Azerbaijani hydro power plants decrease electricity generation by almost four fold – (Trend) Around 16.75 billion kilowatt/hour electricity was generated in Azerbaijan in January-October 2013, which is by 0.3 per cent less than in the same period of 2012…
Power export decreased in Azerbaijan in October – (abc.az) Azerbaijan decreased the export of electric power for October by 30.4% versus September when it increased by 30.7%. As a result, over 10 months of 2013 power export provided only 0.107% of the total export proceeds for the mentioned period…
Envoy: U.S. to remain Azerbaijan's reliable partner in energy security – (Azernews) The relations between the U.S. and Azerbaijan are based on three major directions, U.S. Ambassador to Azerbaijan said on November 13. The three directions consist of diversification of energy security and economy, human rights and democracy, and cooperation on security, Richard Morningstar said…
Azerbaijan’s power generation at hydropower plants dropped to 7.2% of total power generation – (abc.az) The State Statistics Committee reports that the hydropower plant crisis in Azerbaijan which started in 2012 does not weaken in 2013 as well…
Construction of large electricity facility progressing in Azerbaijan – (Trend) The Shimal power plant that plays an important role in the energy supply of the Absheron Peninsula, generated over 1.5 billion kilowatt/hours of electricity in January-Oct., a message published by Azerenergy JSC (production and distribution of electricity in Azerbaijan) said on Nov.18…
Turkish, Azerbaijani joint energy projects to bring regional stability – (Azernews) Long term energy cooperation between Azerbaijan and Turkey is a factor that supports the entire region's success. The President of Azerbaijan, Ilham Aliyev noted during his official visit to Turkey that 'one nation, two states' have joined forces for the benefit of the people and the region…
Azerbaijan's investment may hit $20 bln in Turkey – (Azernews) Azerbaijan's investments in Turkey will reach at least $17 billion by 2018. Kenan Yavuz, the head of SOCAR Turkey Enerji-Turkish division of Azerbaijan's state energy company SOCAR, and board member of Petkim Petrokimya Holding, said on November 19 that it includes the investment that Azerbaijan has made in several major engineering projects since 2008. No one has ever attempted to implement these projects in Turkey before…
EU considers conditions for Trans-Caspian Gas Pipeline agreement as favourable – (Trend) Representatives of the European Union (EU) have expressed confidence that at this point favourable conditions have been created to conclude an agreement for the construction of the Trans-Caspian Gas Pipeline from Turkmenistan to Azerbaijan…
Azerbaijan invests over $500 million in alternative and renewable energy development – (Trend) Over $500 million was invested in the development of alternative and renewable energy sources in Azerbaijan from 2010 to 2013, Chief Power Engineer…
Ukraine and Azerbaijan cooperate to supply energy to Europe– (Contact) Fourth meeting of the Council of Presidents of Ukraine and Azerbaijan chaired by Viktor Yanukovych and Ilham Aliyev took place in Kiev, the site of the president of Ukraine…
BP: Cost of second phase of Shah Deniz estimated at $25 billion – (Trend) The cost of the second phase of development of Shah Deniz gas condensate field is estimated at $25 billion, the BP (technical operator) report on the results of three quarters of 2013 said. TAP is designed to transport gas from the Caspian region via Greece and Albania and across the Adriatic Sea to southern Italy and then to Western Europe…
Georgia
Georgia to construct wind power plants – (Azernews) Wind power plants will be constructed in Georgia, candidate for the post of Energy Minister Kakha Kaladze said, speaking in Parliament on November 19…
Wind power stations to be built in Georgia – (Trend) Wind power stations are to be built in Georgia, candidate for the post of Energy Minister Kakha Kaladze said in the parliament on Tuesday…
USAID to help Georgian Energy Ministry over energy policy and strategy development – (Trend) Georgian Deputy Energy Minister Mariam Valishvili attended a presentation of the project of the Agency for International Development (USAID) called 'Hydro generation and energy planning project'…
USAID Publicly Announced the Launch of Hydro Power and Energy Planning Project to Support Energy Sector Development in Georgia – (Hydropower.ge) On November 14, 2013 USAID officially launched its new Hydro Power and Energy Planning Project (HPEP) in Tbilisi Marriott Hotel, Ballroom…
40,000 customers left without electricity in western Georgia – (Trend) Due to weather conditions in Western Georgia about 40,000 customers have been left without electricity. As Energo-pro Georgia told Trend on Nov.20, according to the data for 9am this morning, about 50,000 customers had their electricity cut off…
Raids Suggest Russia Targeted Energy Pipelines – (Wall Street Journal) If the Georgian claims are correct, it isn't clear whether Russia intended to score a direct hit or merely give the West a scare about the security of its energy…
Georgian Oil and Gas Corporation delegation meet investors – (Trend) A delegation from the Georgian Oil and Gas Corporation, rated Fitch BB, will attend a meeting of investors, the owners of the bonds in London and New York on November 18-22…
Power cut in three Georgian districts– (Vestnik) About 40,000 addresses have experienced a power cut in Georgia's Imereti, Samegrelo and Adjara, Trend reports…
Moldova
Strategic energy issues to the fore as Barroso hosts Moldovan and Romanian Prime Ministers– (EU Neighbourhood Info Center) European Commission President José Manuel Barroso has held a groundbreaking meeting in Brussels with the Prime Ministers of Romania and Moldova, discussing ways to deepen cooperation and interconnections, with a focus on the strategic issue of energy interconnections…
ENERGY INTERCONNECTIONS TO THE FORE DURING THE MEETING BETWEEN BARROSO AND MOLDOVAN AND ROMANIAN PRIME MINISTER – (Energynomics) Energy interconnections to the fore during the meeting between Barroso and Moldovan and Romanian Prime Minister…
Romania to back Moldova in all projects on modernization– (BSANNANews) Prime Minister Iurie Leanca and Romanian Foreign Minister Titus Corlatean today tackled prospects of Moldova’s accession to the European Union and evolutions of the Moldovan-Romanian relations, the government’s communications and media relations department has reported…
In Moldova, big plans for biomass– (UNDP) The kindergarten in the village of Ermoclia has declared its independence. Energy independence, that is. Instead of struggling to keep students warm with expensive imported gas, the kindergarten now heats up with locally produced biomass fuels…
Moldovan heating co to merge with cogeneration plants CET 1, CET 2– (SEENews) Moldovan cogeneration power plants CET 1, CET 2 and the heating company of the country's capital Chisinau, Termocom, will merge by the end of this year, the country's government said…
Russia
Gazprom Increases Supply Of Gas To Europe By 15.5 Percent – (inSerbia) Russian company Gazprom increased gas supplies to Europe by 15.5% in the first nine months of 2013 to 118.45 billion cubic metres, the company said in its report this week…
Russia needs investment to exploit oil and LNG – (Energy Global) The latest report from Wood Mackenzie states that investment from international oil companies is key to Russia’s plans to exploit tight oil, liquefied natural gas (LNG) and its development projects in the Arctic…
Uranium shipment signals end of US-Russian nuclear deal – (Yahoo News) A 20-year-old deal that has powered American homes while reducing the risk of Russian nuclear material falling into the wrong hands approached its end on Thursday when the final shipment of uranium left St Petersburg for Baltimore…
Wood Mackenzie: Expand Russia's energy horizons – (UPI) Ian Thom, a Russian analyst at energy consultant group Wood Mackenzie, said there isn't enough focus on unconventional resources in the Russian energy sector…
Plans to export power from Nordics to Russia delayed – (Rueters) Nov 14 (Reuters) - Plans to start power exports from Finland to Russia could be delayed for several years due to unresolved differences in market rules, the head of Finnish grid operator Fingrid said on Thursday…
Gas market forces pushing Europe back toward Russia – (Oil and Gas Journal) An energy-cost squeeze might coax Europe back toward the supplier of natural gas from which it has been trying to turn away. If Europeans want industry, investment, and employment, argues Paolo Scaroni, chief executive officer of Eni, they must choose between two options…
Gazprom reviews shipping options for LNG – (UPI) Russian energy company Gazprom said it reviewed the prospects of using a northern sea route for the shipment liquefied natural gas…
Gazprom says low gas reserves in Ukraine endanger Europe flows – (Reuters) Russian gas export monopoly Gazprom ratcheted up the pressure on Ukraine in a gas pricing dispute, saying its western neighbour did not have enough gas in its reservoirs to ensure safe transit of the fuel to Europe this winter…
Turkey
Turkey’s restart in regional and foreign energy policies – (Al Monitor) After testing the realities of its entire neighborhood on a trial-and-error basis, with not-so-tangible achievements and alienation, the huge vessel of Turkey is changing its course toward a new type of "zero problems" destination…
Promising Market For Hedging The Risk In Energy: "Turkish Electricity Derivatives Market" – (Mondaq) The most significant characteristic behaviour of an emerging market is displaying volatility in electricity market. As a consequence of market price risks on electricity markets, market players keen on hedging risk by applying financial derivatives. Derivatives in energy act an essential part by the reason of managing the risk with more transparency and liquidity across the globe…
New Projection For Natural Gas Supply Of Turkey: TANAP Project – (Mondaq) The part of the natural gas increases progressively in Turkish energy market due to its advantages, such that it has been subject to large projects…
Turkish power traders concerned by Ukraine, Russia gas dispute – (Platts) Turkish power traders told Platts Thursday that they are growing increasingly concerned over possible natural gas supply cuts to the country this winter, after Ukrainian national energy company Naftogaz Ukrayiny stopped buying gas from Russia last Friday amid a price dispute between the two countries…
'Turkey urgently needs a sustainable development strategy' – (Daily News) Turkey urgently needs to formulate a sustainable development strategy, according to Professor Volkan Ediger, the head of the Energy and Climate Foundation (ENİVA) think tank…
French utility company GDF Suez is considering investments worth billions in Turkey’s energy sector – (Balkans) The French utility company GDF Suez, part of the Japanese-led consortium to build Turkey’s second nuclear power plant in Sinop, is considering investments worth billions in Turkey’s energy sector, according to Turkey’s Minister of Energy, Taner Yildiz…
Turkey in talks with Iraqi Kurdistan on 13 energy exploration blocks – (Reuters) Turkey is in talks with northern Iraq's Kurdistan Regional Government (KRG) about joint exploration on 13 oil and gas blocks in the semi-autonomous region, Turkey's Energy Minister Taner Yildiz said on Friday…
Turkey proposes to mediate Iraq energy dispute – (France 24) Turkey said Friday it has proposed to mediate a long-running dispute between Baghdad and its autonomous Kurdistan region over dividing oil revenue…
Energy minister: Turkey cannot ignore northern Iraq oil – (World Bulletin) Turkey cannot be allow its interest in Venezuelan oil reserves, which is about 8,000 kilometers away from Turkey, cause it to be indifferent to oil sources in its neighbor northern Iraq, said Turkish Energy Minister Taner Yildiz…
Oil: Turkey plans to establish 4 off-shore drilling sites – (Anna Lindh) Turkish state-run petroleum company (TPAO) plans to establish four off-shore drilling sites next year, one being deep-water drilling, Anadolu Agency reports quoting sources from the Ministry of Energy as saying…
IAEA Notes Important Progress In Turkey's Nuclear Power Development– (RTTNews) A team of experts from the International Atomic Energy Agency (IAEA) who reviewed Turkey's program for introducing nuclear power has noted important progress the country has made in the development of its nuclear infrastructure…
U.S company will build wind farm in Turkey– (RenewablesBiz) The U.S company General Electric (GE) will build a wind farm in Turkey, the Turkish newspaper Sabah reported on Friday. According to the newspaper, the required amount of investments for the wind farm's construction exceeds $5 billion…
Ukraine
Ukrainian HPPs to be modernized – (forUm) The European Investment Bank (EIB) has signed an agreement with Ukraine for a loan of 200 million Euros for the "Rehabilitation of hydroelectric power plants" project…
Ukraine and Azerbaijan intend to deepen cooperation in energy sector – (NRCU) According to Viktor Yanukovych , Ukraine is a reliable gas transit counry, and Azerbaijan - energy supplier , so the two parties should join efforts to transport hydrocarbons to Europe. And according to Ilham Aliyev , the issues of fuel and energy have always occupied a special place in bilateral relations between our countries…
Ukrainian Vice PM: Positive dynamics observed in energy cooperation with Azerbaijan – (Trend) The Ukrainian-Azerbaijani Intergovernmental Commission on Economic Cooperation discussed a wide range of issues of cooperation between the two countries during its 10th meeting held in Kiev, Ukrinform agency reported on Nov. 14…
Cabinet of Ministers of Ukraine : Ministry of Economic Development and Trade contributes to increase of investments in renewable energy development in Ukraine – (4-traders) The adoption of the Law of Ukraine on Power Systems engineering will expand access to domestic renewable energy market to foreign investors, which will also be the impetus for the development of domestic production and improving the investment climate…
Stavytsky: Ukraine, Russia reach gas payment compromise – (Kyiv Post) Ukraine and Russia have struck a compromise over paying for Russian gas and its purchase by Ukraine's national oil and gas company Naftogaz Ukrainy, Ukrainian Energy and Coal Industry Minister Eduard Stavytsky said…
Ukraine’s shale gas lures western companies – (FT) The shale gas revolution has been slow to gain momentum in Europe – held back by environmental concerns, political caution and tricky geology…
Ukraine, Gazprom make amends – (UPI) Ukrainian Energy Minister Eduard Stavytsky said a deal was reached with Russian energy company Gazprom that may avert a winter gas crisis…
Energy Company of Ukraine - Power Plants and SWOT Analysis, 2013 Update – (SBWire) The report contains a detailed description of the power generation companys business operations, history, corporate strategy, and business structure. This report contains a detailed SWOT analysis, information on key employees (executives), and major products and services…
EU, Ukraine Close In on Natural-Gas Deal – (The Wall Street Journal) The European Union is closing in on a deal that would allow Ukraine to get natural gas from sources to the West rather than from Russia, people familiar with the matter said. Such a move could ease the way for the former Soviet republic to pursue closer economic links with Europe, despite threats of retaliation from the Kremlin…
Ukraine, Azerbaijan create working group on TANAP – (Azernews) Ukraine and Azerbaijan created a working group for Ukraine's participation in the construction project of the Trans-Anatolian Gas Pipeline (TANAP)…
Сrude oil processing boosted in Ukraine – (Forum) According to Ministry of Energy and Coal Industry, Ukrainian refineries boosted processing of crude oil up to 385,300 tons, or 42.1%, from September, the Information-Analytical Bulletin of the Cabinet of Ministers of Ukraine informs…
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