The State Property Fund plans to sell 60.7% of shares in the energy generating company Donbassenergo (Donetsk) in August and 75% of shares in the energy supply company Volynoblenergo in September, the government has announced.
In addition, in August the government plans to list for sale at a stock exchange 5% of shares in the Mykolaivoblenergo, 5% in Kharkivoblenergo and 5% in Khmelnytskoblenergo.
In September, the Property Fund will also announce exchange auction for 46% of shares in Cherkasyoblenergo, and tenders for 50.9% of Ternopiloblenergo, 60.25% of Zaporizhiaoblenergo, 60.001% of Kharkivoblenergo , 65% of Mykolaivoblenergo and 65.009% of Khmelnytskoblenergo.
According to the statement, in course of the previous, second stage of privatisation of fuel and energy enterprises (the first was in 2001) in 2011-2012 the Fund sold stakes in nine energy companies and the state budget received about UAH 5.3bn from that.
France's spending on Russian liquefied natural gas (LNG) surged to over €600mn this year, EU data reveals, Politico reports. The increase comes as French President Emmanuel Macron becomes ... more
WHAT: Oil prices have fallen following Iran's strike against military facilities in Israel. WHY: The risk of escalation was largely priced in last week in anticipation of the strike, and Israel ... more
Liquefied natural gas helps make Europe’s gas supply more secure as it doesn’t rely on existing pipeline infrastructure, allowing EU countries to diversify the sources of their imports, the ... more