Interfax-Ukraine

News about recent political developments in Ukraine, key Ukrainian economic news and major current events in the CIS and the rest of the world.

https://en.interfax.com.ua/

More news

Decisive winter ahead for the Ukrainian energy sector.

Naftogaz CEO Oleksiy Chernyshov

Ukraine is going through one of the most difficult periods in the country's 31 years of independence.

Since the Russian invasion started, the energy infrastructure of our country has been subjected to large-scale destruction, both in the conflict zone and far from the front lines of the fighting.

Naftogaz gas production infrastructure has also suffered extensive damage. Since the beginning of the Russian invasion, more than 350 Naftogaz Group oil and gas infrastructure facilities have suffered. In addition, more than 450 km of gas pipelines have experienced damage.

While we cannot be sure of the enemy's plans, we are preparing for the worst and working to scenarios that assume continued shelling and airstrikes. With this in mind, we are taking measures to protect our personnel and, as much as possible, the facilities themselves.

The sheer cynicism of Russia's targeted airstrikes on Ukraine's civilian infrastructure has not gone unnoticed by international audiences. In response to Moscow's terror-bombing campaign, the European Parliament recently recognized Russia as a state sponsor of terrorism. The whole world sees that Russia is unable to defeat Ukraine on the battlefield and is instead attempting to target civilians and provoke a new wave of Ukrainian refugees.

Faced with these terror tactics, Ukraine is forced to reorganize its energy infrastructure to make sure it is able to function in wartime conditions. In this battle, the coming winter months will be decisive. Given the severity of the Ukrainian winter and the scale of Russia's destructive campaign, this is a challenge no other country has ever faced.

Due to continued power cuts, Ukraine's energy balance will change. Where possible, natural gas and other hydrocarbons will be used instead of electricity. The role of Naftogaz in this process will be absolutely crucial. More than ever, Naftogaz will perform its duties as the guarantor of Ukraine's energy independence and energy security. The company has the necessary resources and experience for this task.

Before the beginning of the heating season, 14.5 billion cubic meters of gas had been accumulated in Ukraine's underground storage facilities, which would normally be sufficient for the winter period. However, intensive Russian missile attacks on energy infrastructure provoked additional gas consumption by Ukraine's power-generating enterprises.

In the current situation, we need to be ready to source additional volumes of natural gas and oil products in a short time as well as accumulating additional reserve volumes. For this purpose, we are already working intensively in cooperation with international partners from the United States, Canada, and Europe that continue to support us in the fight against Russian aggression.

We recently discussed the needs that arose in connection with the full-scale Russian invasion during a meeting with ambassadors of the G7 countries and the Head of the EU Delegation to Ukraine. We agreed that we will not only work together to eliminate the consequences of Russia's attacks, but also to develop cooperation in the production of hydrocarbons in Ukraine. During this meeting, I also gained the support of the ambassadors for the priorities I have identified and the first steps that I have taken as new Naftogaz CEO.

I am convinced that effective interaction with international partners is impossible without restoring confidence in Naftogaz. With this in mind, transparency, stability, and predictability are the key components that we must provide.

Despite the war, we must look to the future and create preconditions for efficient transformation of the Ukrainian energy market. This includes increasing domestic gas and oil production.

Naftogaz is the largest energy company in Ukraine responsible for the production, storage, and supply of natural gas and oil. Ukrgasvydobuvannya, Ukrtransgaz, Ukrtransnafta, Ukrnafta and other companies of the Group provide a full cycle from production to delivery to consumer services.

Our main asset is our people. Every employee is working today to bring Ukraine's victory closer. Repairing damage caused by enemy attacks and reconditioning critical equipment are all part of their heroic daily work, for which I am infinitely grateful.

Mykolaiv region signs cooperation memo with Japan

Mykolaiv region signs cooperation memo with Japan

Mykolaiv region has signed a Memorandum of cooperation with Japan, which provides assistance to the region and training of specialists in the field of prosthetic rehabilitation, head of the Regional Military Administration Vitaliy Kim reports.

Interfax-Ukraine 1
Hamas did not keep up its end on hostages: Senior Adviser to Israel’s PM.

Hamas did not keep up its end on hostages: Senior Adviser to Israel’s PM.

Senior adviser to Israeli Prime Minister Netanyahu Mark Regev joins ‘Cavuto Live’ to discuss Israel’s defense strategy as the cease-fire in the war comes to an end. #foxnews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel ...

Fox News -

Mount Etna volcano erupts, painting the sky red: Spectacular natural phenomenon.

Mount Etna volcano erupts, painting the sky red: Spectacular natural phenomenon.

SPECTACULAR moment red hot lava flowed from Italy's Mount Etna and lit up the sky on Friday night (December 1). The lava flow originated from a south-east crater of Europe's tallest and most active volcano. Perched above the Sicilian town of Catan...

The Sun 1

Should Congress set conditions on Israel aid? Hear what this representative thinks.

Should Congress set conditions on Israel aid? Hear what this representative thinks.

#CNN #News

CNN -

Burglar caught during arcade raid

Burglar caught during arcade raid

This bungling burglar was caught by police as he raided a Bognor amusement arcade. Read more SUBSCRIBE to our YouTube channel for more videos: Follow us on Twitter: Like us on Facebook: Follow us on Instagram: Follow us on TikTok: For more content...

Sky News -

Harris says Israel ‘must do more’ to protect civilians in Gaza.

Harris says Israel ‘must do more’ to protect civilians in Gaza.

Vice President Kamala Harris urged Israel to do more to protect innocent civilians in Gaza during a news conference on the sidelines of the COP28 summit in Dubai, United Arab Emirates. Harris upheld the Biden administration’s position that Israel ...

NBC News -

'TIME FOR IT TO STOP': US Senate candidate says US needs to stop empowering our adversaries.

'TIME FOR IT TO STOP': US Senate candidate says US needs to stop empowering our adversaries.

U.S. Senate candidate Tim Sheehy discusses Americans seeing China as the greatest threat and on key issues for Montana voters. #foxnews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-h...

Fox News -