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20.05.2020

Weekly analytical report 13 – 19 May, 2020

 

In this issue:

– Despite the difficult situation in the energy sector, the government continues to develop the long-awaited anti-crisis measures…

 – The government’s new vision concerning transformation of coal regions should not contradict the policy towards “green” transition defined by a number of Ukraine’s international commitments and the intention to join the European Green Deal…

 – Despite the statements on approximation of positions of the government and investors, the expected decisions concerning the balancing of financial and technical consequences of growing “green” generation have not been agreed yet…

– Decision makers continue to discuss balancing limits and the market role of nuclear power…

– Internal transformation of Naftogaz Group revealed conflict lines among the company’s top management…

– The decision of the German regulatory authority concerning Nord Stream 2 can be considered an interim victory strengthening the position of Ukraine as a transit country; however, preventing completion of the pipeline’s construction remains the priority…

– Amid the declining global demand for oil and its transit via Ukraine, new opportunities for the potential of Ukrainian oil pipelines emerge; however, they need legislative regulation


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Comments

Ukraine will fully disclose extraction contracts according to the EITI Standard

Olha Polunina

Manager for Sustainable Development at DiXi Group

Ukraine will fully disclose extraction contracts according to the EITI Standard

The major achievement of the adopted amendments is the legislative requirement to fully disclose all contracts between extractive companies and the government

Disclosure of resource extraction contracts is important for Ukraine’s compliance with international environmental conventions

Olha Polunina

Manager for Sustainable Development

Disclosure of resource extraction contracts is important for Ukraine’s compliance with international environmental conventions

Ukraine has time until July 2022 to submit a plan of action, including a time schedule, and until October 2023 to provide a detailed progress report.

Ukraine Follows a Fossil Fuel Recovery Pathway

Yuliia Oharenko

expert of the DiXi Group project “Promoting Ukraine's Participation in the European Green Deal in the fields of energy and environment”

Ukraine Follows a Fossil Fuel Recovery Pathway

Despite multiple political statements supporting the European Green Deal and announced plans for the development of a joint with the EU Roadmap, Ukraine is moving in an opposite direction. These are the results of Energy Policy Tracker

The “Augean stables” of the extractive sector: is there any progress?

The “Augean stables” of the extractive sector: is there any progress?

The practice of procuring special extraction permits and then sitting idle on them for decades is unacceptable from the viewpoint of Ukraine’s energy independence and national security, raising budget revenues and the country’s investment attractiveness.

Ukraine improves its ranking under the EITI Standard

Olha Polunina

Manager for Sustainable Development at DiXi Group

Ukraine improves its ranking under the EITI Standard

The EITI Board acknowledged Ukraine’s efforts concerning disclosure of beneficial ownership information, creation of an online EITI reporting portal, and the launch of EITI implementation monitoring and assessment at national level.

Our platforms

https://ksep.energy/en/

Independent energy educational center

http://eiti.org.ua/

National website of Extractive Industries Transparensy Initiative in Ukraine 

http://ua-energy.org/

Information and analitical website “Ukrainian Energy UA-Energy.org” is unique   platform to inform

Our platforms

https://ksep.energy/en/

Independent energy educational center

http://eiti.org.ua/

National website of Extractive Industries Transparensy Initiative in Ukraine 

http://ua-energy.org/

Information and analitical website “Ukrainian Energy UA-Energy.org” is unique   platform to inform