Energy Headlines

Iran prepared to impose oil, gas embargo if necessary: supreme leader Iran would be willing to impose a hydrocarbon embargo if there were a final deal in the nuclear talks with the West and international sanctions were not lifted, Supreme Leader Ayatollah Ali Khamenei said...

Energy Union will be built on public guarantees for private investment, says Cañete The Energy Union will be partly built through lines of private finance guaranteed by public money, Climate Action and Energy Commissioner Miguel Cañete said yesterday (16 February). Such “blended”...

EU energy consumption level falls to 20-year low Energy consumption in the European Union has fallen to levels last seen more than two decades ago, statistics published on Monday showed. The dramatic drop in annual consumption – in 2013, the year to which...

Proposed gas hub in Bulgaria to cost EUR 2.2 B, PM Borisov says. Building a gas distribution centre in Bulgaria to serve South Eastern Europe and the EU would cost EUR 2.2 B, Prime Minister Boyko Borisov said on Monday. Addressing the first meeting of the high-level...

Naftogaz: Ukraine imports by reversal about 30 million cubic meter of gas per day Ukraine has currently received about 30 million cubic meters of reverse-flow gas per day. Acting Deputy Chairman of Naftogaz Ukrainy Yurii Kolupailo stated at a briefing during a press day of the Government...

Naftogaz to make a prepayment by Gazprom accounts due to the ordered gas quantities NJSC Naftogaz Ukrayiny has received an invoice from Gazprom, to make an advance payment for Russian gas. The amount and a schedule of payments depend on the volumes and period determined by Naftogaz to...

Naftogaz transfers first payment for 11.5 bln cubic meters of gas at $268.5 November 4, 2014, Kyiv - Naftogaz of Ukraine has transferred $1.45 billion to Gazprom as a tranche forgas supplied and unpaid previously. According to the agreement reached in Brussels, Naftogaz will pay...

PM believes 2016 can see an additional gas pipeline between Ukraine and Poland The construction of an additional gas interconnection pipeline between Ukraine and Poland will providearound 80 million cubic meters of gas per day that will allow buying all the gas volume required in...

Naftogaz urges expansion of Slovakia-Ukraine gas transmission interconnector capacity After two months of successful operation of the Vojany-Uzhhorod pipeline, Naftogaz of Ukraine has proposed to Eustream, Slovakia’s transmission system operator (TSO), a technical solution for a considerable...

PM: Ukraine cut gas consumption by 16% During the session of the Government on October 16, Prime Minister of Ukraine Arseniy Yatsenyuk informed that, “since the beginning of the year Ukraine has spent by 16% less natural gas against similar...

Ostap Semerak: There won't be any corruption schemes in the gas market "The times of old corruption shadow schemes, when there was only one monopoly gas supplier for the state, like it used to be "RosUkrEnergo", have passed away". This was stated by the Minister of the Cabinet...

Arseniy Yatsenyuk: Temporary price and terms of Russian gas deliveries can be determined by court In the framework of the General procedure the Ukrainian side filed a special lawsuit to the Stockholm arbitration court with regards to gas supplies from the Russian Federation: "If we do not find certain...

PM says Government together with Naftogaz to repay Naftogaz's eurobonds The Government of Ukraine together with Naftogaz Ukrainy started repaying eurobonds worth $ 1.67 billion, Prime Minister of Ukraine Arseniy Yatsenyuk has stated at a government meeting on Wednesday, 1...

Ukraine shares the European choice of the way towards energy independence and invites investors The head of State Agency on Energy Efficiency and Energy Saving Serhii Savchuk in his statement at the European Energy Security Forum, September 26, in Brussels, stressed that Ukraine shares the European...

Volodymyr Groysman believes a decrease in gas consumption allows Ukraine to avoid the pressure caused by gas issue The most important issue in the autumn-winter period is to provide kindergartens, schools, hospitals andresidential sector with heat, stressed Vice Prime Minister - Minister of Regional Development, Construction...

Government launches a broad program of loans for the purchase of alternative fuel boilers On Tuesday, 23 September, the Government of Ukraine together with the State Savings Bank of Ukraine(Oschadbank) has announced a broad program of loans for the purchase of boilers that will reduce natural...

American and Canadian experts to help Ukraine develop a crisis action plan in the energy sector Government experts of the United States and Canada are to join the work of Ukrainian experts in the energy sector and share the best, worked out in practice development techniques of crisis plans in the...

Arseniy Yatsenyuk appealed to the EU to check Russia's actions regarding cutting gas supplies to EU states Prime Minister of Ukraine Arseniy Yatsenyuk appealed to the European Union to start checking the actions of the Russian Federation directed to reducing gas deliveries to the EU member states. He announced...