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Ukraine’s gas transmission system to remain in state ownership

Under any conditions the Ukrainian gas transmission system (GTS) will remain in national property in line with the national legislation,Ukraine’s Deputy Foreign Minister Konstiantyn Yeliseyev said this after the talks in the European Commission dedicated to preparation of the donor conference on modernization of the Ukrainian GTS.

The diplomat voiced hopes that a text of the final declaration of this international forum due in Brussels

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Gas transit to Europe via Ukraine plunges 52.4% in Jan-Feb

The transit of natural gas via Ukraine to Europe plummeted 52.4%,or by 12.6 billion cubic meters (bcm),to 11.1 bcm in January-February 2009 compared to the same period of 2008,a source at the Fuel and Energy Ministry told Interfax on March 17.

At the same time,the transit of gas increased 51.7% in February 2009 compared to January 2009.

The transit of natural gas

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Japan Buys Emission Credits from Ukraine

The Japanese government concluded a deal on Wednesday to buy 30 million tons in greenhouse gas emission credits from Ukraine,Japan’s first purchase of emission credits from abroad.

Japan will purchase the credits as early as fiscal 2009,which starts in April,through the government-affiliated New Energy and Industrial Technology Development Organization.

The value of the deal was not disclosed,but is estimated at around 38

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EU Summit to Discuss Energy Plan

European Union leaders are hoping at a summit that starts Thursday to agree on a small energy-focused stimulus package they have been arguing over for months.

What they won’t be discussing,according to EU diplomats involved in the process,is whether to launch a fresh round of national stimulus packages in response to criticism from the U.S. that Europe isn’t doing enough to battle the global

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Energy efficiency and green growth

The triple-headed crisis of an economic downturn,climate change and pressure on European energy security are at the top of Europe’s agenda right now. It will be very important that,at the upcoming European Council summit on 19-20 March,the EU charts a course that can guide us safely through the storm,so that we emerge all the stronger to face the challenges of the future.

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EUR 2.5 billion to be invested into Ukraine’s gas transportation system

The amount of international investments into the modernization of Ukraine’s gas transportation system may reach EUR 2.5 billion,deputy Foreign Minister Kostiantyn Yeliseev told the press in Brussels following his talks with representatives of the European Commission on organization of an international donor conference on modernization of the Ukrainian gas transportation system,due in Brussels on March 23.

Having conducted its own technological evaluation of the

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