During 11 months, 2013 Ukraine imported from Europe about 2.5 billion cub.m. of gas, Ukrainian Unian news agency quoted Edward Stavizkii, Ukrainian Minister of Energy and Coal Industry, as saying in his interview to local media.
In November 2013 gas import to Ukraine via Poland increased by 6.5 times against October 2013 – from 14,000,000 up to 91,000,000 cub.m., while deliveries to Hungary dropped as twice – from 222,100,000 to 134,021,000 cub.m.
Ukraine started gas import from Poland from November 1, 2012, from Germany – since early 2012 and from Hungary – since April 1, 2013. The main gas importers from Europe are Ukraine Neftegas company (RWE buys gas), Vetek group owned by Sergei Kucherenko and DTEK holding owned by Rinat Ahmetov.
Ukraine continues talks with several European countries, including Romania, Slovakia and etc. on the reverse gas deliveries. Stavizkii said that Slovakia and Ukraine will sign the agreement on the reverse deliveries of over 10 billion cub.m. of gas to Ukraine this week.
Minister also said that this year Ukraine bought gas in Europe at the price “over $100 less, than Russian one” and said “Russian gas price of $280 per 1000 cub.m. is fair and corresponds to the average annual price at the European markets, not considering costs for its transportation,” reported RBC.—0-
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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