KIEV, July 2 – German parliament member Karl-Georg Wellmann has called for the upgrade the Ukrainian gas transportation system first, and only then the building of new gas pipelines to Europe.

KIEV, July 4 - Ukraine increased coal production by 5.2% year-on-year to 42.799 million tons in the first half of 2012.

Production of coking coal slumped 1% to 12.649 million tons, while production of thermal coal grew 8% to 30.151 million tons, the Energy and Coal Ministry told Interfax-Ukraine.

KIEV, July 4 - LLC BDO (Dnipropetrovsk) will audit the 2011 consolidated financial statement of national oil and gas company Naftogaz Ukrayiny to International Financial Reporting Standards.

KIEV, July 4 – The National Bank of Ukraine is to oversee the realization of a strategy for the development of state-run banks, reads an annual address of the Ukrainian president to lawmakers presented to Parliament.

"[The NBU will oversee] the reorganization of state banks into a tool of effective economic and financial policy via the adoption of a single strategy for the development and operation of state banks, with division of strategic directions for each of them… [via] the provision of efficient controls by the NBU over the realization of the strategies," reads the document.

KIEV, July 1 – The National Bank of Ukraine has worsened its inflation forecast for Ukraine in 2012 by 1%, to 8% plus or minus 1%, although the central bank retained forecast for price growth this year at 10% plus or minus 1%, reads a posting on the NBU's Web site.

KIEV, July 4 – MPs Valeriy Kamchatny and Ivan Sidelnik have proposed to permit the privatization of Mykolaiv-based Zorya-Mashproekt, a designer and producer of gas turbine equipment.

KIEV, July 4 - Skhidny ore mining and processing enterprise (Zhovti Vody, Dnipropetrovsk region) has started a pilot uranium ore extraction project in the Novokostiantynivske uranium field (Kirovohrad region), the company's director general, Oleksandr Sorokin, has told the press.

KIEV, July 4 – State-run company LNG Terminal National Project is planning to officially announce on July 6 a tender for services to draw up a feasibility study for a LNG terminal, 2011, the head of the state agency for national projects management (Ukrnatsproekt), Vladyslav Kaskiv, said in Kiev.

NEW YORK, June 2 - A US aerospace company on Friday announced a tie-up with a state-owned Ukraine aircraft maker to bid on the Pentagon's $35-billion contract to supply aerial refueling tankers, AFP reported.

US Aerospace, Inc. said it had entered a "strategic cooperation alliance" on Thursday with Antonov Company, in a filing with the Securities and Exchange Commission (SEC).

KIEV, July 1 – Moldova has confirmed Ukraine's right of ownership of a part of the Odessa-Reni highway near Palanka village and a land plot where the road passes.

Kiev and Chisinau are preparing for equipping the border on the land plot.