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Archive for November 25th, 2008

Development of the Black Sea shelf is one of the Government’s priority infrastructure projects

Posted by the Editor on November 25, 2008


News / 25 November 2008 | 17:30

Development of the Black Sea shelf is one of the Government’s priority infrastructure projects

Prime Minister of Ukraine Yulia Tymoshenko has commissioned to draft a project on development of gasholders and gas production on the Black Sea shelf. Such commission was formed by the Prime Minister during the meeting concerning the infrastructure energy projects. “I want us to begin making one big project, including the whole shelf, all exploring components, production and ask you to launch it as a separate state program, by separate calculations, with the determined financing sources, including – the attraction of long-term credits in the world financial institutions,” Yulia Tymoshenko noted.  

She also added that – this is a “very serious scale project which can have both a mortgage and state guarantees”.

Yulia Tymoshenko has commissioned to prepare a relevant draft order of the Government setting out the terms for commencement of works on gas production on the Black Sea shelf and determining a list of responsible persons for preparation of such work.

“I believe, this is one of the most promising directions which should provide the country, including additional volumes of gas which the country lacks today,” the PM stated.

Moreover, Yulia Tymoshenko has commissioned head of the advisers’ group Vitalii Haiduk to study an opportunity of uniting the “Chornomornaftogaz” public corporation and “Ukrgazvydobuvannia” company to create a common structure for the Black Sea shelf development.

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Tymoshenko: Finacial crisis encourages development of a new energy saving strategy

Posted by the Editor on November 25, 2008


News / 25 November 2008 | 16:40

Finacial crisis encourages development of a new energy saving strategy

Tymoshenko: Finacial crisis encourages development of a new energy saving strategy

Prime Minister of Ukraine Yulia Tymoshenko has commissioned the profile ministries to prepare promptly a concept of dwelling houses and water-heating. She disclosed this at the meeting on infrastructure energy projects.

“I can’t understand why other countries, more prosperous than Ukraine construct such projects and why we make Ukraine dependent on gas consumption but not transfer to such systems of heat and hot water provision which the world has already developed and made them leading in the housing and communal system,” Yulia Tymoshenko noted.

The Head of Government stressed that now Ukraine generates half electricity than it is able. “Today the heat devices which can be installed on multistorey buildings, owner-occupied dwellings give us essential reduction in heat and hot water costs,” she stated.

Yulia Tymoshenko has commissioned the Ministry of Fuel and Energy, Ministry of Regional Policy and Building, Ministry of Housing and Communal Services, Ministry of Ecology, National Agency for Energy Saving under the direction of head of the advisers’ group Vitalii Haiduk to develop promptly a concept of such project.

“Now, at the time of financial crisis it is necessary to awake from sleep and develop an absolutely new strategy, concept of energy supply of the country,” Yulia Tymoshenko said.

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Pirates lowered ransom for Faina

Posted by the Editor on November 25, 2008


News / 25 November 2008 | 15:50

Pirates lowered ransom for Faina

Somali pirates holding a Ukrainian ship seized exactly two months ago with a cargo of combat tanks and other weaponry said on Tuesday they had lowered their ransom demand to US$3 million.

”We are demanding three million dollars to release the MV Faina,” said Sugule Ali, the spokesman of the group of pirates that hijacked the ship on September 25.

”We are running out of time, waiting for an outcome to these protracted negotiations. The owners should immediately take this opportunity to recover their property,” said Ali.

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Pynzenyk is sure to accomplish the Budget-2008

Posted by the Editor on November 25, 2008


News / 25 November 2008 | 14:58

Pynzenyk is sure to accomplish the Budget-2008

Minister for Finance of Ukraine Victor Pynzenyk is sure that the State Budget 2008 will be accomplished.

He told it at his meeting with the President of Ukraine Victor Yushchenko.

The Minister reminded that tendency of accomplishment of the State Budget in November is worse than in previous months and that this tendency will remain in December. He told that “Adequate budgetary behaviour” will be necessary.

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MFA disapproves Yanukovych’s speech

Posted by the Editor on November 25, 2008


News / 25 November 2008 | 14:00

MFA disapproves Yanukovych’s speech

Ministry of Foreign Affairs of Ukraine believes that Victor Yanukovych encroached on the rights of the President and the Verkhovna Rada, according to the commentary of the press-service of Ukraine upon statements of Yanukovych at the 10th Congress of the “United Russia” party.

According to the comments, On November 20 Victor Yanukovych, delivering a speech at the session, touched upon several issues of the Ukrainian foreign policy. On the whole, without denying the right of a lawmaker to voice his view, the Foreign Ministry points out that only the President of Ukraine and the parliament, and not political parties’ leaders, have a right to define foreign policy priorities of Ukraine. Ukraine builds its bilateral relations on these priorities. Besides, the priorities are based upon principals of equal and mutually beneficial collaboration.

The Foreign Ministry notes that Victor Yanukovych’s thesis about resuming the Single Economic Space sounded as a discordant note. It is known that after Ukraine kicked off talks with the European Union on developing a free trade zone, the issue of forming a Single Economic Space lost its topicality. Besides, the course towards the European integration has always been supported by the Party of Regions, the Foreign Ministry emphasized.

“We were also surprised with Victor Yanukovych’s statements about the conflict in Georgia voiced by him at the mentioned-above session. It’s hard to imagine a politician of national scales so openly associating himself with the position of the state that used disproportional force, roughly violated the international legislation, and, having recognized the independence of the South Ossetia and Abkhazia, was condemned by the international community.

Besides, the statements of the Party of Regions leader about ability of political forces to become a guarantor of stable relations between Ukraine and Russia look really naïve. It is an illusion. Only state power bodies may guarantee the development of bilateral relations”, reads the comments of the Ukrainian Foreign Ministry.

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The USA proposes Ukraine to refuse joining the MAP

Posted by the Editor on November 25, 2008


News / 25 November 2008 | 13:25

The USA proposes Ukraine to refuse joining the MAP

The USA proposes Ukraine to refuse joining the MAP

The USA takes as irrelevant joining the MAP by Ukraine

Ambassador Extraordinary and Plenipotentiary of USA to Ukraine William Taylor told to “Golos Ameriki”.

As he believes, Ukraine is ready now to join NATO, and Washington won’t assure its partners within the alliance to let Ukraine join the NATO Membership Action Plan in December. Ukraine can pass this stage and join NATO directly, because the NATO powers stood unanimously for membership of Ukraine.

According to W.Taylor, the USA will support the scenario chosen by the authority of Ukraine. Ukraine must only meet criteria of NATO membership. 

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Mounting of main New Year Tree of Ukraine to be started on December 7

Posted by the Editor on November 25, 2008


News / 25 November 2008 | 12:40

Mounting of main New Year Tree of Ukraine to be started on December 7

On December 7 the mounting of the main New Year Tree of Ukraine on Maydan Nezalezhnosti will be started.

The fir tree will have 35 meters in height. The tree will be natural and will cost about UAH 500 thousand.

The New Year Tree lightning ceremony will be held on December 20 at 4 p.m.

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Oschadbank provokes mass sale of dollar?

Posted by the Editor on November 25, 2008


News / 25 November 2008 | 12:10

Oschadbank provokes mass sale of dollar?

Dollar has bad perspectives from the long-term saving point of view.

A board member  of “Oshchadbank” Oleksandr Moroz said that yesterday on “5th channel”.

“American economy has big problems…I think dollar has bad perspectives from the point of view of long-term savings. I would recommend pound, Swiss frank and euro,” he said.

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