26.01.2021

Weekly analytical report December 19 – 25, 2021

In this issue:

• While MV Fortuna resumed works on the construction of Nord Stream 2 pipeline in Danish waters, the European Parliament adopted a resolution urging to increase sanctions pressure on Russia and stop the project…
• The criticism of the capped gas price is an incentive for using transitional period to implement sustainable decisions allowing the gas market to continue developing…
• The long-term decisions to normalize the situation in the gas market include mandatory annual products, enhancing transparency, providing information to the public, defining vulnerable consumers, launching spot trading etc…
• The government has signed and began to implement a number of production sharing agreements; yet, it delays to comply with the Law on Ensuring Transparency in Extractive Industries and publish essential terms of the PSAs and information about the bonus payments…
• Amid the global spread of “green” transition ideology, the Ukrainian government announced the adoption of several strategic documents on energy and climate…
• The shortage of coal in stocks of thermal power plants and the growing demand amid the winter colds drove a significant price hike in the wholesale electricity market…

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