Ukraine.

Christmas is coming. Did PGNiG send a package of LNG to Ukraine on this occasion? If so, the arrangement was business and not charity. Gas cooperation between Poland and Ukraine has recently encountered an obstacle – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

Naftogaz released unaudited consolidated financial statements as at and for the nine months ended 30 September 2017. The document is available under this link. The Group posted a net profit of UAH 27.1 bln (approximately US$ 1.0 bln) for the 9 months of 2017. This is a 15% increase over the same period of 2016, […]

The European Commission will not transfer the last € 600 million tranche for Ukraine. This action is a part of current Macro-Financial Assistance programme. It is worth € 1.8 billion and was approved in 2015. However, it is ready to consider the issue of further MFA provided reform momentum is stepped up.

What goes on in Poland on the 21st of November.

Establishing a business unit with TSO functions at Ukrtransgaz that will be further transferred to PJSC Mahistralni Gazoprovody Ukrainy (MGU) assists the TSO unbundling model chosen by the Ukrainian government. Director of the Energy Community Secretariat Janez Kopač said that during his presentation of the Secretariat’s Annual Implementation Report at the meeting of the Ukrainian […]

The project of the Eastern Partnership has lost momentum in recent years due to the destabilizing activity of Russia. The panel entitled “Securing the Future of Eastern Neighbours of the EU: revision of the Eastern Partnership?” at the Warsaw Security Forum, on which BusinessAlert.pl held its media patronage, was a good opportunity to summarize its […]

What goes on in Poland on the 31st of October.

Russian gas supplier Gazprom continues to violate technical requirements of the transit contract with Naftogaz, failing to maintain gas pressure in Russian trunk pipelines at Sudzha entry point located on the Ukraine-Russia border.

What goes on in Polandon the 24th of October.

The Polish-Ukrainian Gas Forum which I had the pleasure to moderate was a feast for natural gas sector analysts. Poland and Ukraine want to cooperate, but both countries want to be exporters, not importers of gas. Their plans may converge as part of the regional gas hub unless they do not lose to vested interests […]