News - page #42

Ukrainian enterprises in August 2017 imported gas at an average price of UAH 5,385 or $210.11 per 1,000 cubic meters, according to the website of the Ministry of Economic Development and Trade.

DTEK is waiting for the arrival of two ships with anthracite from South Africa in the middle of September.

The payback period for hydraulic fracturing at Ukrgazvydobuvannia's wells is two or three weeks, Ukrgazvydobuvannia Head Oleh Prokhorenko said at a government meeting on Wednesday.

Ukraine will accumulate no less than 17 billion cubic meters (bcm) of gas in underground storage facilities by the onset of the 2017/2018 heating season, Deputy Prime Minister Volodymyr Kistion has said.

The Czech government is considering increasing taxes imposed on producers of solar power because of high expenditures on renewable energy support.

The decision was made at a meeting devoted to the setting the upper price of coal headed by Minister Ihor Nasalyk and held on August 30 in the ministry, one of the meeting participants told Interfax-Ukraine.

The final arbitration rulings in the dispute between Gazprom and Ukraine's Naftogaz Ukrayiny over natural gas pricing, supply and transit are now expected to be made by the end of November, the Russian gas giant said late Tuesday.

Bulgaria started on Tuesday (29 August) construction of a radioactive waste depot for its sole nuclear plant, with the facility expected to become operational in 2021, the energy ministry said.

China has become the world’s third-largest shale gas producer, after only the U.S. and Canada, Iran’s PressTV reports, adding that last year, China pumped almost 8 billion cubic meters of shale gas.

Prime Minister of Ukraine Volodymyr Groysman has stated the Cabinet of Ministers is holding a discussion with the International Monetary Fund (IMF), during which it is trying to prove there are no reasons for raising gas prices for the population.

Ukraine has increased gas inventories in underground storage 80% or 6.478 billion cubic meters (bcm) since the end of the heating season, according to operational data from Ukrtransgaz.

Ukraine and the European Union have launched a project of a comprehensive study of Ukrainian underground gas storage facilities (UGS).

Compared to the last week, arrears in this category of the enterprises-debtors of NJSC Naftogaz of Ukraine have increased by UAH 138 thousand and total about UAH 3,202 million.

The issue of payment for the use of gas distribution networks will be resolved in the legal domain, and cases of abuse on the part of private network operators will also be appropriately assessed.

From now on, co-owners associations and house development cooperatives in the buildings that are not connected to the centralized heating system will be able to freely participate in the “warm loans” program and receive appropriate state financial support for the implementation of energy efficient measures.

Investment in the energy sector worldwide dropped for the second year straight as spending on upstream oil and gas projects continued to wane, according to the International Energy Agency (IEA).

New sanctions against Russia proposed by U.S. lawmakers and which could harm European firms violate international law and the European Commission should consider counter-measures, the German economy minister was quoted on Monday as saying.

U.S. coal exports have jumped more than 60 percent this year due to soaring demand from Europe and Asia, according to a Reuters review of government data, allowing President Donald Trump's administration to claim that efforts to revive the battered industry are working.

European Union states have given initial backing to a German proposal to blacklist several more Russian nationals and companies over the delivery of Siemens gas turbines to Crimea, but made no final decision, diplomats said.

Congress gave final approval Thursday to a package of strict sanctions punishing Russia for its cyberintrusions in last year’s elections, delivering a challenge to President Trump, who had sought flexibility to negotiate his own deal with Russian President Vladimir Putin.