KYIV, Feb 24 – Naftogaz Ukrayiny plans to abandon the business of using compressed natural gas (CNG) as a motor fuel, former head of the GTS Operator of Ukraine Serhiy Makogon has said.

KYIV, Feb 24 – Ukraine’s production of grain dropped 37% on the year in 2022-2023 marketing year to 53.9 million tons, while production of oilseeds fell 24% to 17.5 million tons, the Ukrainian Agribusiness Club (UCAB) reported Friday.

KYIV, Feb 25 – Because of the drop in gas prices, its consumption is more viable than coal production, Minister of Energy and Environmental Protection of Ukraine Oleksiy Orzhel has said.

MINSK, Feb 25 – Oil supplies to Belarusian refineries via the Odesa-Brody pipeline will begin in the near future, in March, Belneftekhim deputy head Vladimir Sizov said.

KYIV, Feb 25 – The RDS road construction group invested almost UAH 170 million in the upgrade of its machinery fleet in 2019 and ready to enter the road construction markets of Poland and Romania, the co-owner of the group, Yuriy Shumakher, has said.

KYIV, Feb 25 – The number of active cards in the Mastercard payment system in Ukraine in the fourth quarter of 2019 grew by 4.3%, to 25.97 million, while its key rival – Visa – had 6.9% less cards, to 10.52 million, according to the National Bank of Ukraine (NBU).

KYIV, Feb 25 – The European Investment Bank (EIB) is ready to join the projects aimed at assisting the Azov Sea area in Ukraine, Head of the EIB Resident Representation for Ukraine Jean-Erik de Zagon said.

KYIV, Feb 25 - Kernel, one of the largest Ukrainian agrarian groups, has received a $48 million long-term loan from the European Bank for Reconstruction and Development (EBRD), as well as a $8 million loan from the Clean Technology Fund for the construction of a combined heat and power plant (CHPP) on sunflower husk, EBRD Senior Advisor for External Affairs Anton Usov said on Facebook.

KYIV, Feb 25 – The project of Norway's NBT to build a wind farm with a capacity of 750 MW in Zaporizhia region would face some face intractable challenges, taking into account oversupply of generating capacities in the region and the absence of preliminary studies of the area, Board Chairman of the Ukrainian Wind Energy Association (UWEA) Andriy Konechenkov has said.

KYIV, Feb 25 – Kharkiv armor enterprises of the Ukroboronprom State Concern – Malyshev Plant and Morozov Design Bureau – are ready to start bulk production of hulls of BTR-4 armored personnel carriers (APC) under the public defense procurement in 2019.