BRUSSELS, Sept 11 – European Commissioner for Energy Kadri Simson has said the European Union is ready to completely stop the transit of Russian gas through the Ukrainian gas transport system (GTS) after the current agreements expires in December this year.

KYIV, Sept 11 – International Monetary Fund (IMF) staff and the Ukrainian authorities have reached staff-level agreement (SLA) on the Fifth Review of the 4-year Extended Fund Facility (EFF) Arrangement, paving the way to the IMF reported on its website on Wednesday night.

KYIV, Sept 8 – The Yermak-McFaul international group on sanctions against Russia has prepared two new documents, in particular, on strengthening energy sanctions and on the importance of confiscation of Russian state assets, the presidential press service reported.

KYIV, Sept 8 – Consumer prices in Ukraine in August 2023 decreased by 1.4% after a decrease of 0.6% in July and an increase of 0.8% in June, the State Statistics Service reported on Friday.

KYIV, Sept 8 – MHP Agroholding, the largest Ukrainian poultry producer, has signed a shareholder agreement to establish a joint venture with Desert Hills Veterinary Services Company Limited (DHV), a subsidiary of Tanmiah Food Company, a leading supplier of poultry and other meat products listed on the Saudi stock market in the Middle East.

KYIV, Sept 8 – The investment company Dragon Capital has again raised its forecast for real gross domestic product (GDP) growth in Ukraine for 2023: it now expects it to be 4.5% compared to the June forecast of 3%, while back in April the company assumed a decline by 0.5%.

KYIV, Sept 9 – The German system operator 50 Hertz provided Ukrenergo with 14 generators and 50 modern lighting devices that will soon operate at the company's energy facilities, in particular during repair and restoration work.

KYIV, Sept 9 – A decline in real gross domestic product (GDP) of Ukraine amounted to approximately 35% in August 2022 compared to August 2021, this estimate was given by the Ministry of Economy on Thursday.

KYIV, Sept 10 – Ukrnafta, Ukraine’s largest oil company, this year plans to carry out at least 18 hydraulic fracturing operations in 2018, the company's press service reported.

KYIV, Sept 9 – Ukrgazvydobuvannia has discovered the third new natural gas field in Kharkiv region this year, the press service of the company reported.

The current reserves at the field are estimated at 375 million cubic meters, but may likely increase to around 1 billion cubic meters.