Business

The Cabinet of Ministers of Ukraine obliged the winner of the bidding on the supplier of last resort (SoLR), which is Naftogaz Ukrainy, to supply natural gas to household consumers at a price not exceeding UAH 7.96 per cubic meters,…

The Ministry of Economy has announced a competition to select four independent members of the supervisory board of NJSC Naftogaz Ukrainy, candidates must submit documents by December 6, the ministry said on its website on Monday. "The earliest possible competition…

All divisions and facilities of the Ukrainian GTS Operator are ready to operate in the autumn-winter period of 2021/2022, according to a report on the company's website. "The gas transmission system of Ukraine is fully ready for operation in the…

The Verkhovna Rada may adopt amendments to the regulations in order to avoid dragging out the budget process in the future, head of the parliamentary committee on budget issues Yuriy Aristov told Interfax-Ukraine news agency. "Probably, the Servant of the…

Bill No. 5464 amending the law of Ukraine on alternative fuel and concerning the development of biomethane production was adopted at the second reading by the Verkhovna Rada on Thursday. Some 285 MPs voted for this decision, with the required…

The cost of a pilot hydrogen project of Naftogaz Ukrainy and RWE Supply & Trading (Germany) for the production of green ammonia is tentatively estimated at EUR 500 million, head of NJSC Naftogaz Ukrainy Yuriy Vitrenko has said. "We now…

Olha Stefanishyna, Deputy Prime Minister for European and Euro-Atlantic Integration, hopes that Ukraine will receive the second tranche of macro-financial assistance from the European Union in the amount of EUR 600

The National Bank of Ukraine (NBU) has worsened its estimate of the country's gross domestic product (GDP) growth in 2021 from 3.8% to 3.1%, in 2022 – to 3.8% from 4%, the regulator said on its official website. "Factoring in…

The Board of the National Bank of Ukraine (NBU) has decided to keep its key policy rate at 8.5% per annum, the central bank said on its website. "The Board of the National Bank of Ukraine has decided to keep…

The National Bank of Ukraine (NBU) has maintained its 2021 inflation forecast at 9.6% and expects it to return to 5% by the end of 20