Netherlands announces $27 million in aid for Ukraine following Dutch Foreign Minister's visit to Kyiv
Following his visit to Kyiv, Dutch Foreign Minister Caspar Veldkamp announced 27 million euros ($27.8 million) in new aid for Ukraine on Jan. 16.
Energy
How Trump could use sanctions in negotiations with Russia
In the run-up to his departure from the White House, President Joe Biden has slapped a number of major new sanctions on Russia’s financial systems and energy sector. The U.S. originally threatened Russia with “the mother of all sanctions” as Moscow prepared to invade Ukraine in February 2022.
Russia claims it struck Lviv Oblast gas storage facilities; Ukraine reports no disruptions
Russia claimed it had damaged ground facilities at one of Ukraine's largest natural gas storage sites in Lviv Oblast during a series of missile and drone attacks on Jan. 15.
Transnistria head travels to Russia for talks amid energy crisis, Russian state media claims
Vadim Krasnoselsky, the head of Moldova's Russian-controlled region of Transnistria, held talks in Moscow regarding the region’s energy crisis, Russian state news agency TASS claimed on Jan. 14, citing sources within Transnistria's administration.
Fico accuses Zelensky of 'begging' and 'blackmailing' European leaders for support
Slovak Prime Minister Robert Fico called Ukraine an unreliable partner and accused President Volodymyr Zelensky of blackmailing European leaders for support at a parliamentary meeting on Jan. 10.
Russia’s gas sector is running out of options after end of transit deal
Ukraine’s decision to end the gas transit deal with Russian energy giant Gazprom has been hailed by President Volodymyr Zelensky as one of Moscow’s biggest defeats. "When (Russian President) Vladimir Putin was handed power in Russia over 25 years ago, the annual gas pumping through Ukraine to Europe
Transnistria has less than month of gas left, local authorities say
Gas storage in Moldova's Russian-occupied region of Transnistria will last another 24 days after the halt of Russian supplies, local authorities said on Jan. 8.
Transnistria's electricity supply system faces collapse amid gas shortage, Moldovan official warns
The electricity supply system in the Russian-occupied Moldovan region of Transnistria is under risk of collapse after the halt of Russian gas flow, a high-ranking official of Moldova’s Energy Ministry warned in a Facebook post on Jan. 5.
Slovak state energy company to continue supplying electricity to Ukraine despite Fico's threats
Slovakia's state-controlled transmission system operator SEPS said it will continue supplying electricity to Ukraine as part of an emergency assistance contract.
Ukraine state-owned enterprises weekly — Issue 159
Editor’s Note: This is issue 159 of Ukrainian State-Owned Enterprises Weekly, covering events from Dec. 15-22, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Updated IMF Memorandum. On Dec. 20, the International Monetary Fund (IMF) published an updated Memorandum of Economic and Financial Policies
Ukraine’s electricity imports increased more than fivefold in 2024
Ukraine’s electricity import increased more than fivefold in 2024 to 4.4 million megawatt-hours (MWh), ExPro consulting company’s electricity monitoring data showed on Jan. 2.
Moldova to import electricity from Romania, Ukraine as Russia halts gas supply
Russian Gazprom's decision to halt gas supplies to Moldova resulted in a heating outage in the Russian-controlled region of Transnistria, prompting Chisinau to seek alternative sources of electricity.
EU won't be impacted by end of Russian gas transit deal with Ukraine, Deutsche Welle reports
European infrastructure allows for the flow of gas from other countries, a European Commission representative said.
Poland prepared to increase energy exports to Ukraine in place of Slovakia, Bloomberg reports
Poland is ready to increase domestic electricity production if Slovakia halts the delivery of backup power supplies to Ukraine, an unnamed Polish official told Bloomberg on Dec. 29.
Ukraine receives 1st shipment of US LNG
"Despite Russia's attempts to destroy our energy system during the war, we have won another victory on the energy front," Andriy Yermak, head of the Presidential Office, said on Dec. 28.
Putin 'appears to have ordered Slovakia's Fico to open second energy front against Ukraine,' Zelensky says
Zelensky said this was "the only possible meaning" of Fico's threats to cut off Ukraine's emergency power supply in the winter, given Russian attacks on power plants and the distribution network.
Russia terrorizes Ukraine with mass missile, drone attack against energy grid on Christmas morning
Russia launched more than 70 missiles, including ballistic ones, and over 100 drones, President Volodymyr Zelensky said. More than 50 missiles and "a significant number" of drones were shot down, he added.
Moscow begins providing energy aid to Georgia's Russian-occupied Abkhazia region
The press service of the Abkhaz energy company Chernomorenergo reported that a schedule from Nov. 1, under which electricity will be unavailable for four hours per day, is in effect.
Ukraine won't extend Russian gas transit, Zelensky confirms
“We will not engage in extending the transit of Russian gas. We will not give (Russia) the opportunity to earn additional billions on our blood,” Zelensky said.
Ukraine state-owned enterprises weekly — Issue 158
Editor’s Note: This is issue 158 of Ukrainian State-Owned Enterprises Weekly, covering events from Dec. 9-14, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs The Cabinet of Ministers completes the composition of Ukrenergo’s new supervisory board. On Dec. 10, the Cabinet of Ministers
UK sanctions 20 Russian 'shadow fleet' tankers, announces financial aid to Ukraine
The United Kingdom sanctioned 20 vessels of Russia’s "shadow fleet" and pledged 35 million pounds ($44 million) in aid to repair Ukraine’s energy grid, the British government said on Dec. 17.
Slovak energy company, partners call for continued gas transit via Ukraine
Slovakia's state-owned energy company SPP and its partners in Hungary, Italy, and Austria called for continued gas transit through Ukraine in a declearation published on Dec. 17.
Ukraine war latest: Russia launches one of the largest aerial attacks on Ukraine's energy grid
Key developments on Dec. 13: * Russia launches one of the largest aerial attacks on Ukraine's energy grid * Ukraine resisting Russian encirclement attempts at 4 Donetsk Oblast villages, military says * Ukraine's new Ground Forces chief announces reforms focused on personnel, tech * Russia mulls attacking Ukraine with Oreshnik nuclear-capable missile this weekend,
Dutch Supreme Court dismisses Russia's appeal in Naftogaz's $5 billion arbitration case
The Supreme Court of the Netherlands has rejected Russia's appeal, upholding a decision by the Hague Arbitration Court requiring Russia to pay $5 billion in compensation to Ukraine’s state-owned Naftogaz for misappropriated assets in occupied Crimea, Naftogaz reported on Dec. 13.
Putin orders 'emergency support' for struggling Russian coal industry
Russian President Vladimir Putin has called for urgent measures to support the country’s coal companies, which face multibillion-dollar losses and risk mass bankruptcies, The Moscow Times reported on Dec. 12.
IAEA Board condemns attacks on Ukraine's energy infrastructure without mention of Russia
The 35-nation IAEA Board of Governors passed a resolution condemning attacks on Ukraine's energy infrastructure but did not explicitly name Russia as responsible, Reuters reported on Dec. 12.
Russian-occupied Abkhazia left without electricity due to hydroelectric station shutdown
The region has recently faced energy restrictions aggravated by a growing spat with its Russian patrons. Moscow has cut almost all funding, including money crucial for the energy sector, after Abkhazia's local council voted against a controversial investment agreement with Russia.
Ukraine Business Roundup — Ukraine moves to replace Chinese drone parts
The following is the Dec. 10, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. It’s a persistent problem with the drone supply to Ukrainian troops: Imported Chinese drones are often laden
Russian drone hits IAEA service vehicle near Zaporizhzhia nuclear power plant
On Dec. 10, a Russian drone struck and severely damaged an International Atomic Energy Agency (IAEA) service vehicle on its way to the Zaporizhzhia Nuclear Power Plant (ZNPP), President Volodymyr Zelensky reported.
Ukrainian businesses increasingly look beyond diesel for backup power as blackouts begin again
As Ukraine begins yet another winter with rolling blackouts and freezing temperatures, businesses are increasingly looking beyond diesel generators to fuel their operations during power cuts, business leaders said at the Energy Security Dialogue 2024 on Dec. 4.
Ukraine state-owned enterprises weekly — Issue 156
Editor’s Note: This is issue 156 of Ukrainian State-Owned Enterprises Weekly, covering events from Nov. 25 – Dec. 1, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs The Cabinet approves the state ownership policy, a key document for SOEs’ corporate governance. On Nov. 29, the
Ukraine’s gas transit operator prepared for Russian attacks after transit deal expires, operator says
With a deal to transport Russian gas through Ukraine expiring at the end of 2024, Ukraine’s gas transit network could soon come under Russian attacks, warned Dmytro Lyppa, CEO of the Gas Transmission System Operator of Ukraine.
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