KIEV, Nov. 27 - Russian natural gas giant Gazprom has suggested a formula for calculating future gas prices for Ukraine, a move that may finally end the political component in price talks, a senior official said Wednesday.
For the past five years Ukraine has been pressing to switch to formula-based gas prices as opposed to holding annual negotiations with Russia over prices that had often led to sharp disputes.
KIEV, Nov. 26 – The cost of completing the construction of reactors three and four at Khmelnitsky Nuclear Power Plant is estimated at UAH15 billion, Fuel and Energy Minister Yuriy Prodan said during a meeting in Kiev on Tuesday.
KIEV, Nov. 26 – The National Nuclear Generating Company EnergoAtom plans in 2009 to allocate UAH170 million to build a central nuclear waste storage facility for three out of four of Ukraine's nuclear plants, Fuel and Energy Minister Yuriy Prodan said during a meeting in Kiev on Tuesday.
KIEV, Nov. 26 - Sumy Frunze scientific and production center has supplied equipment worth around $8 million to Russia's OAO Gazprom for reconstruction of the gas booster station four at the Yamburg oil and gas condensate field.
KIEV, Nov. 27 - PKN Orlen, the largest Polish oil refining company, plans to stick to its strategic plan to enter the Ukrainian market, according to a company strategy for 2009-2013 published on Wednesday.
MINSK, Nov. 26 - The producers and consumers of energy resources in Europe need a new Energy Charter Treaty, said Alexander Rahr, a prominent German political analyst and a member of the German Foreign Policy Council.
WARSAW, Nov. 26 - Poland's new government will continue the most important energy security projects launched by its predecessors, Poland's new Prime Minister Donald Tusk said in the Sejm, the lower house of Parliament, on Saturday.
KIEV, Nov. 26 - The State Railway Administration of Ukraine (Ukrzaliznytsia) is in talks with the World Bank on attracting a long-term (15-20 years) credit line worth $1 billion, the Ukrzaliznytsia reported on Monday, referring to deputy director general Anatoliy Chubinsky.
MOSCOW, Nov. 27 – Russian gas giant Gazprom on Tuesday accepted a 30% hike in the price it will pay Turkmenistan for natural gas next year, a move that will probably trigger a major gas price increase for Ukraine.
