gas
Italy has overcome its dependence on Russian gas and will not oppose the proposed package of EU sanctions on liquified natural gas (LNG), Italian Energy Minister Gilberto Pichetto Fratin said, as reported by Politico on April 28. The European bloc has already adopted 13 packages in response to Russia's full-scale invasion of Ukraine, aiming to undermine Moscow's economic output and the ability to sustain the war. In early April, EU Executive Vice President Valdis Dombrovskis announced that the 14th package is in the works. Swedish Foreign Minister Tobias Billstrom later said the new package co...
Kyiv Independent
The High Anti-Corruption Court sentenced in absentia former Ukrainian lawmaker Oleksandr Onyshchenko to 15 years in prison with a confiscation of property, the National Anti-Corruption Bureau of Ukraine (NABU) said on April 5. Onyshchenko was found guilty of organizing the so-called "gas scheme," one of the largest corruption schemes in Ukraine's history, which caused losses to the country in the total amount of about Hr 3 billion ($76.5 million). Onyshchenko headed a criminal group that embezzled more than Hr 1.6 billion ($40.8 million) from the sale of natural gas between January 2013 and Ju...
Kyiv Independent
Ukraine's state-owned oil and gas giant Naftogaz aims to produce 15 billion cubic meters of natural gas in 2024, Prime Minister Denys Shmyhal said at the meeting of the Cabinet of Ministers on March 1. Shmyhal said that the increase in domestic natural gas production is one of the key objectives of Ukraine’s energy strategy in 2024. Ukraine got through the winter using only domestic gas production for the first time in history in 2023-2024, Naftogaz’s CEO Oleksiy Chernyshov said on March 1. According to Chernyshov, Ukraine had 16 billion cubic meters of gas in reserve in October, which helped ...
Kyiv Independent
Ukraine got through the winter using domestic gas production only for the first time in history, Naftogaz’s CEO Oleksiy Chernyshov wrote on his Facebook on March 1. Prime Minister Denys Shmyhal said on Jan. 31 that despite Russian attacks, Ukraine's energy sector remains stable as the country relies on its own gas this winter season. "Ten years ago, nobody would believe in it. Two years ago, when the full-scale war began, it was also difficult to believe in it. But we did it, and now we plan to maintain the trend of Ukraine’s energy independence in the future," Chernyshov said. Naftogaz, Ukrai...
Kyiv Independent
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