KIEV, Feb. 12 - The government cancelled a five-year old resolution that had abolished a natural gas production sharing agreement with Vanco International, an independent oil company.

KIEV, Feb. 9 - Ukraine's national oil and gas company Naftogaz Ukrainy's geological prospecting work last year resulted in a 28-million-ton increase in its reserves of standard fuel, 6.5% more than planned and almost 7% over the amount of reserves it had the year before, the company reported on Thursday.

KIEV, Feb. 9 – The National Bank of Ukraine could consider a second round of easing of monetary policy in February following the decrease in refinancing rates in January, said Valeriy Lytvytsky, the head of the group of advisors to the NBU governor.

KIEV, Feb. 9 – The Agrarian Policy and Food Ministry has created a working group to study prospects for the assembly in Ukraine of sophisticated agricultural machinery jointly with foreign manufacturers, in particular, combines and tractors.

KIEV, Feb. 10 – Aquatech LLC (Bucha, Kiev region) is planning to export 2.095 billion kilowatt hours of electricity per year to Romania, the company's director general, Mykola Yanenko, told reporters.

KIEV, Feb. 10 – The plan for financing the general fund of the national budget for 2012 foresees the issue of eurobonds worth UAH 28.35 billion ($3.5 billion at the UAH 8.10/$1 exchange rate) with total financing of UAH 88.35 billion, reads the program of state debt management for 2012 approved by the Finance Ministry.

KIEV, Feb. 10 - Ukraine increased its electricity exports 2.1-fold year-on-year in January 2012 to 522.6 million kilowatt hours, the Energy and Coal Industry Ministry reported.

Electricity exports from the Burshtyn Energy Island to Hungary, Slovakia and Romania jumped 44% to 348.3 million kilowatt hours.

KIEV, Feb. 10 - Due to very cold weather, Ukraine has been taking more natural gas out of its underground storage facilities of late, increasing outtake to 140 million cubic meters (mcm) daily, Ukrtransgaz announced.

KIEV, Feb. 10 - Ukraine reduced oil production 7.1% to 253,100 tons in January 2009 compared to January 2008, the Fuel and Energy Ministry told Interfax.

Gas condensate production fell 6.2% to 94,500 tons in January.

MOSCOW, Feb. 12 - Russia's Bank for Development and Foreign Economic Affairs (Vnesheconombank, VEB), the largest shareholder in Kiev-based Prominvestbank, has issued a first $390 million tranche to the Ukrainian bank.

The opening of a $1 billion credit line was approved by the VEB supervisory council to realize a plan for the financial readjustment of the bank.