The Russian Deputy Prime Minister Igor Sechin will visit Ukraine on Apr 19 to further discuss Russian gas price formula. Ukraine is hoping to lower the price of natural gas imported from Russia to an economically justified level. At the moment, the price of imported gas for Ukraine is calculated on basis of a formula for each quarter. In Q1, the price of imported gas was at USD 264 per thousand cubic meters. The Ministry of Energy and Coal Industry expects that the price for imported gas for the Q2/2011 at USD 293 a thousand cubic meters, USD 313 a thousand cubic meters for the Q3 and USD 347 a thousand cubic meters for the Q4. |
In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more
The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more
The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more