KYIV, Dec 3 – Ukrgazvydobuvannia plans to boost drilling by 66% in 2019 compared with the projected figure for 2018, to 524,000 meters, Head of the Drilling Department at Ukrgazvydobuvannia Mykhailo Paduchak said at the UGV Technology Day Kyiv last week.

KYIV, Dec 3 - Ukraine since the beginning of the period of gas taking from underground gas storage facilities (UGS), which started on November 7, 2018, and as of December 1 had reduced its reserves by 1.143 billion cubic meters, from 17.195 billion cubic meters to 16.052 billion cubic meters, according to data from JSC Ukrtransgaz.

KYIV, Dec 3 - The Ministerial Council of the Energy Community has approved the list of "projects of mutual interest (PMI) consisting of 13 programs, including three projects initiated by Ukraine.

The relevant recommendations were adopted at a council meeting on November 29.

KYIV, Dec 3 – The state of the banking system at present is stable, and the introduction of martial law in the country has not affected the operation of the banking system, First Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova said at a briefing in Kyiv on Monday.

KYIV, Dec 4 – The pace of growth of retail lending in Ukraine in 2019 could be 30-40%, banking industry experts said Tuesday.

"In 2019, consumer loans will remain the main component and driver of growth in the loan portfolio of banks and the main direction of retail lending: they now form more than 80% of all retail loans in hryvnias.

KYIV, Dec 4 – A delay in unbundling by national energy company Naftogaz Ukrayiny puts under threat the signing of new long lasting contract on transit of Russian gas across Ukraine, and the immediate steps should be made today, Energy Community Secretariat Director Janez Kopac said.

KIEV, Dec. 2 - National energy company Ukrenergo, responsible for centralized electricity distribution, has been using rolling blackouts for a second day in a row due to a shortage of generating capacities.

KIEV, Dec. 2 – Governors of the European Bank for Reconstruction and Development have approved additional funding worth EUR 350 million for the completion of the Chernobyl New Safe Confinement on the site of the 1986 nuclear accident, the EBRD said in a statement.

LVIV, Dec. 2 - The European Bank for Reconstruction and Development plans by the end of 2014 to sign a $200 million contract with PJSC Ukrtransgaz to the tune of to finance the modernization of the Urengoi-Pomary-Uzhgorod gas pipeline, EBRD Managing Director for Eastern Europe and the Caucasus Francis Malige said.

KIEV, Dec. 4 – The State Property Fund plans to sell 25% of DTEK Dniproenergo, 25% of Donbasenergo, 10% of Centrenergo and 5% of Odessa Port-Side Plant.