During a visit to Japan, a Ukrainian delegation led by Energy Minister German Galushchenko held discussions with Japanese officials regarding assistance in rebuilding Ukraine's energy sector.
The following is a chart based off of data originally published in the Kyiv-based Center of Economic Strategy's "Ukraine War Economy Tracker." The Kyiv Independent is republishing it with permission. Ukraine is forced to rely on electricity imports after Russian attacks Net commercial exports of electricity, MWh Positive net exports
According to Kpler, Russia exported around 740,000 barrels of crude per day in the 10 days leading up to April 13, a 25% decrease from the same period the previous four years.
The following is the April 16, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Russia’s large-scale attacks against Ukraine’s energy system late last week have stoked fears of renewed country-wide
Editor’s Note: This is issue 127 of Ukrainian State-Owned Enterprises Weekly, covering events from April 6-12, 2024. The Kyiv Independent is reposting it with permission. Banks EBRD extends 200-million-euro lending guarantee to Oschadbank. On April 10, the European Bank for Reconstruction and Development (EBRD) extended a 50-million-euro ($53 million)
All six reactors at the Zaporizhzhia Nuclear Power Plant (ZNPP) have reached a state of cold shutdown for the first time since October 2022, the International Atomic Energy Agency said in a news release on April 13.
Nova Group has set up a company that will generate energy on a regular basis, including both solar and gas power, the group's co-owner Volodymyr Popereshniuk announced on April 12.
A Ukrainian drone strike on Belgorod on April 12 damaged an administrative building of a "resource supply company," injuring two people, Belgorod Oblast Governor Vyacheslav Gladkov claimed.
France has paid Russia 600 million euros ($644 million) for liquified natural gas (LNG) imports in just the first three months of 2024, making it the fastest-growing consumer of Russian LNG in the EU, Politico reported on April 11.
Russia damaged two DTEK thermal power plants in its latest overnight mass attack on Ukrainian energy infrastructure, according to a press release on April 11 from DTEK, Ukraine's largest private energy company.
Ukraine has been encouraging foreign traders to store gas in its vast underground gas storage (UGS) facilities, the majority of which are located in western Ukraine.
Editor’s Note: This is issue 126 of Ukrainian State-Owned Enterprises Weekly, covering events from March 30 – April 5, 2024. The Kyiv Independent is reposting it with permission. Energy sector Ukrtransgaz starts the season of gas injection into underground storage. On April 2, Ukrtransgaz, a Naftogaz subsidiary, reported the end
The number of injured following a Russian missile attack against Poltava Oblast on April 8 has risen to 16, including four children aged between five and 11, Governor Filip Pronin said on April 9.
"Energy security and supply is being used as a weapon against Ukraine to wear down Ukrainian citizens," said Danish Energy Minister Lars Aagaard.
The Energy Ministry said that Russian drones attacked a high-voltage substation in Zaporizhzhia Oblast, dealing damage. Fallen debris from a downed missile also damaged a gas facility in Dnipropetrovsk Oblast.
Ukrainian officials said the damage to energy infrastructure caused by Russia is worse than in the winter of 2022-2023, although it is more localized, according to the Financial Times.
Russian gas producer Novatek is considering scaling back a major liquefied natural gas project due to the impact of Western sanctions, Reuters reported on April 4, citing sources in the industry.
Despite Russia’s incessant attacks on Ukraine’s energy system throughout its now more than two-year-old invasion, the country’s oil and gas giant Naftogaz just celebrated its first heating system without any gas imports. It is the “greatest moment in Ukraine’s energy history,” Naftogaz CEO Oleksiy Chernyshov told
Editor's note: The article was updated on March 27 with comments from Roman Nitsovych, a research director at DiXi Group. Russia launched a fresh wave of missile and drone attacks against Ukraine between March 21-25, hitting the country's critical infrastructure heavier than ever before. Some 190 missiles, 140 Shahed-type drones,
Russian Telegram channels wrote about multiple explosions in the region amid an alleged drone attack, citing local residents. The Russian Defense Ministry claimed to have shot down 11 drones over Rostov Oblast.
Russia launched close to 190 missiles, 140 Shahed drones, and 700 aerial bombs at Ukraine over the last week, President Volodymyr Zelensky said in his evening address on March 24.
Since the beginning of Russia's full-scale invasion in February 2022, Russian attacks on energy infrastructure have amounted to at least $11,5 billion in losses for Ukraine, Ukraine's Deputy Minister of Energy Svitlana Hrynchuk said on air on March 23.
"It is necessary to understand whether it was a deliberate strike against the dam or whether it simply... (aimed at) the hydroelectric station," Energy Minister Herman Halushchenko said.
Drone attacks on Russia's oil refineries are likely to have disrupted at least 10% of the country's refinery capacity, the U.K. Defense Ministry said in its latest report. In the past weeks, Ukrainian forces have launched a series of drone strikes aimed at damaging Russia's oil industry.
Russia launched over 150 drones and missiles against Ukrainian cities and infrastructure in what has been called "the largest mass attack on Ukraine's energy grid" throughout the full-scale war.
According to DTEK, its thermal power plants suffered "severe damage," and at least two of its energy workers were injured.
Two energy substations in southern and central Ukraine were damaged by Russian kamikaze drone attacks on March 9, state electricity grid operator Ukrenergo reported on March 10.
Kyiv and the EU have previously said they would not seek the prolongation of the transit deal for Russian gas, signed in 2019 and currently set to expire in December 2024.
An explosion followed by a fire occurred on March 6 at a heating station in the town of Shagonar in Russia's Tuva Republic, injuring dozens and leaving thousands without heat, the Russian state-owned news agency TASS reported.
The European Union's gas imports from Russia have decreased by 71% since 2021, EU Energy Commissioner Kadri Simson announced on March 4, following an Energy Council meeting in Brussels.
Ukraine plans to export a record 13 gigawatt hours of electricity to other countries on March 4, namely to Slovakia, Hungary, Poland, Romania, and Moldova, Ukrenergo, Ukraine's state-owned energy operator, announced.
"The market and the energy companies that are part of it are not fulfilling their responsibility to reduce the dependency on Russian gas sufficiently," Austrian Energy Minister Leonore Gewessler said on Feb. 12.
