KIEV, Dec. 10 - Ukraine is trying to revive negotiations with Korean Gas Corporation, or KoGas, over construction of a $1 billion liquefied natural gas terminal following a Spanish company’s recent denial of involvement in the project.

KIEV, Dec. 8 – The Black Sea Shipyard, a state-run joint-stock holding company based in Mykolaiv, will be the producer of a new corvette for the Ukrainian navy, a well-informed source in the government has told Interfax-Ukraine.

KIEV, Dec. 8 – The State Commission for the Regulation of Financial Services Markets could suspend licenses of several leading insurance companies soon, the commission's chairman, Viktor Suslov, said at a conference on Tuesday.

KIEV, Dec. 9 – Ukrenergo has announced an auction for access to Ukrainian interstate power lines to make electricity exports for the period from January 1 to December 31, 2010.

KIEV, Dec. 9 – The National Bank of Ukraine should expand the money supply to fight the risk of an overly slow economic recovery, according to Valeriy Lytvytsky, the head of the group of advisors to the NBU's governor.

KIEV, Dec. 8 - Ukraine will increase sunflower oil production by 4% year-on-year in the current marketing year (September 2009-August 2010), to 2.6 million tons, the Ukroliyaprom association has forecast.

KIEV, Dec. 8 - Sumykhimprom, one of the leading chemical enterprises in Ukraine, has agreed with Naftogaz Ukrainy on restructuring its debt for consumed natural gas, according to a statement by Sumykhimprom.

KIEV, Dec. 9 – The Financial Times, one of the world's leading economic newspapers, hasn't include any Ukrainians on its list of 50 most important people of the last decade, although it considered a number of such candidates, U.S. Managing Editor of the Financial Times Chrystia Freeland has said.

KIEV, Dec. 9 – The cabinet has approved a plan for the creation of minimum oil and fuel stocks for the period until 2020, the Fuel and Energy Ministry announced.

Fuel and Energy Minister Yuriy Prodan said that oil would make up 60% of total strategic stocks, and fuel 40%.

KIEV, Dec. 10 2009 – Ukraine's economic growth will probably slow down this year will be in negative territory next year, Economy Minister Bohdan Danylyshyn said Wednesday.

The ministry expects a 5% drop in GDP and 9.5% inflation in 2009, Danylyshyn said.

"We're planning [GDP] to be minus 5%... The calculated [inflation] index will be around 9.5%", he said.