KYIV, May 29 – National Energy Company Ukrenergo assesses the cost of harmonization of the united power system of Ukraine with the European Network of Transmission System Operators for Electricity (ENTSO-E) at EUR 357 million.

KYIV, May 29 – Ukrgazvydobuvannia and Canada's Vermilion, which earlier submitted joint applications to participate in tenders to develop four fossil fuel fields under product sharing agreements (PSA), would equally invest in geological exploration and development of the fields and share equally profits if they win the tenders, Chairman of NJSC Naftogaz Ukrainy Executive Board Andriy Kobolev has said.

KYIV, May 29 – Ukrainian and Hungarian transmission system operators – Ukrtransgaz and FGSZ Ltd. – increased the technical capacity of natural gas transportation from Hungary to Ukraine by 14% at the point of GMS Beregadorets to 19.5 million cubic meters per day, the press service of Ukrtransgaz has reported.

KYIV, May 29 – Secretary General of ENTSO-E Laurent Schmitt has conducted a seminar for the employees of Ukrenergo within the framework of the cooperation program for 2019-2021.

KYIV, May 29 – The National Bank of Ukraine (NBU) should accelerate the rate of currency purchases in the interbank foreign exchange market to increase international reserves, Head of the National Bank of Ukraine (NBU) Council Bohdan Danylyshyn said.

KYIV, May 29 – J.P.Morgan analysts have downgraded the forecast for the growth of Ukraine's real GDP in 2019 to 3% from 3.4% due to a slowdown in economic growth in the first quarter.

KYIV, May 30 – Ukrgazvydobuvannia discovered a new field in Kharkiv region, getting commercial gas inflow of 249,000 cubic meters a day from a wildcat, the company's press service has reported.

KYIV, May 30 – The Cabinet of Ministers published a list of large enterprises for privatization in 2018, which includes 23 enterprises. Aluminum foil plant, Agrarian Fund and State Food-Grain Corporation of Ukraine were removed from the list.

KYIV, May 30 - Joint management of the gas transport system (GTS) of Ukraine will give additional guarantees for the smooth transit of gas to Europe and provide European consumers with energy, Prime Minister Volodymyr Groysman said.

KIEV, May 26 – Ukraine's Ministry of Energy and Coal Industry has announced the start of construction at the fourth hydroelectric unit at Dnistrovska hydroelectric pumped storage power plant.