Energoatom’s Seales Will Trigger Development of Bilateral Agreements Market – TAS Energy of Country

The releasing of electricity volume produced by NPPs (40% of Energoatom’s output) for its selling in the bilateral agreements market will take positive effect on the company’s liquidity and will trigger development of direct contracts market featuring the forecasting price for end-use consumers.

The Director of trader TAS Energy of Country Maxym Dmytruk expressed his opinion, commenting the increasing of Energoatom sales at Ukrainian Energy Exchange.

“It will allow to distance from the day-ahead market as an indicator. In Europe the DAM is a subsidiary and speculative market not being the indicator for end-use consumers. The customer should have possibility of planning the business when he clearly identifies the electricity value for year ahead… I suggest the long-term agreements are the perspective for all companies like Energoatom, Ukrhydroenergo, Centrenergo and others,” he said.

According to Dmytruk, futures and long-term contracts should be widely used as they let raise funds due to fixed prices for a long time. The usage of long-term agreements will allow Energoatom to get earning for piling up its liquidity.

“Energoatom should have supplemented its offers with futures and yearly contracts, thus the company identifies its margin and has a guaranteed buyer. A trader purchases this contract and offers it to an end-use consumer, the latest gets possibility of estimating the self-cost of his goods,” explained the Director of trading company.

Dmytruk assessed the increasing of the nuclear power free sale as a positive step for Energoatom, traders, consumers, and lenders as well.

“If Energoatom constructs its sales strategy correctly, it will allow the company to get maximal cash flow and to develop,” added the Director of TAS Energy of Country.

17:00 / 1 September, 2020

Upcoming events
08:00 / 26 September, 2019
ODESA OFFSHORE CONFERENCE-2019 Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
ODESA OFFSHORE CONFERENCE-2019
12:00 / 13 June, 2019
08:00 / 23 May, 2019
Carpathian Oil&Gas Conference-2019 The development of oil&gas industry, introduction and implementation of new E&P technologies, stimulation, workovers &recovery of oil&gas wells will be among upstream focal points of the FIRST DAY of COGC2019 - 23 May. The SECOND DAY of Conference will be devoted to midstream, downstream, and trade in hydrocarbons, to spotlight the nowadays dynamics and robust changes in the Ukrainian oil&gas market. The Ukrainian Gas Market day of 24 May 2019 will become a marketplace venue for natural gas traders and natural gas transmission & distribution companies to meet and discuss prospective deals in the UAH 200 billion natural gas market of Ukraine.
Carpathian Oil&Gas Conference-2019
All events