EMerging Equity
Naftogaz
New EU Energy Union Looks To Break Dependence On Russia
By Alina Yablokova and Global Risk Insights On February 25, the European Commission presented its Energy Union package of proposals, a first major step made by the European legislators to realise the strategy of coordinating the energy policies of the 28 EU member states. Indeed, the European Commission envisages a union that speaks with one voice … Continue reading
Russia Resumes Gas Deliveries To Ukraine After Six-Month Hiatus
Russian gas deliveries were received by Ukraine on Tuesday, with a total of 43.5 million cubic meters to be imported, according to a spokesman for Ukrtransgaz, Naftogaz’s transport subsidiary. “On Tuesday Ukrtransgaz started importing natural gas from Russia. 43.5 million cubic meters of gas from Russia will be imported to meet the everyday needs of … Continue reading
50,000 Tons Of Russian Coal Enter Ukraine
The Ukrainian Energy Ministry has announced that hundreds of wagons full of Russian coal which had been held up at the border in Ukraine’s east since last week, have now started entering the country. “Coal deliveries to the thermal power station have been resumed. Wagons with about 50,000 tons of coal have already been sent … Continue reading
Ukraine’s Foreign Reserves Melt To Six Weeks’ Import Cover
BNE IntelliNews Ukraine’s foreign reserves fell to only $9.966bn in November, or six weeks’ import cover, according to figures released by the National Bank of Ukraine (NBU) on December 5. Three months’ import cover is regarded by the International Monetary Fund as the critical threshold for import cover, under which a country becomes vulnerable to a balance of payments … Continue reading
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