Ukrenergo Took 10.25 billion UAH Loan from State Banks for Payments to Guaranteed Buyer
TSO NEC Ukrenergo took out the loans from three state banks (UAH 5 billion credit from Oshadbank, 4 UAH billion from Ukreximbank, and UAH 1.25 billion from Ukrgasbank) to pay off its debt to SE Guaranteed Buyer.
That was noted in the published Ukrenergo’s grounding of the necessary revision of the transmission tariff by the National Energy and Utilities Regulatory Commissiom.
The corresponding credit agreements were signed on December 30-31, 2020.
According to Ukrenergo’s data, the company will have to pay UAH 1.23 billion of the interest rate to the banks and UAH 325 thousand as the state guarantee fee to the Ministry of Finance of Ukraine.
Thus, in accordance to TSO’s calculation, the transmission tariff for 2021 should be up by 4% from 293.93 (the current rate) to 305.74 UAH/MWh.
ExPro Reference: As of January 5, 2021, Guaranteed Buyer owes UAH 25.1 billion renewable energy generators for 2020 electricity output. The state enterprise paid off 47.7% of debt for 2020.
Also, Guaranteed Buyer is still due UAH 7.5 billion to SE NNEGC Energoatom and PrJSC Ukrhydroenergo for electricity bought under the PSO mechanism. The overall debt of Ukrenergo to Guaranteed Buyer counts UAH 30.8 billion.
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.
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.