Friday, 18 April, 2014,16:07 English version
ForUm -   -.     . Home| News| One-line news| Articles| Interview| Gallery| Comments| Forum| Archive| Service| Search| About us
News / 19 December 2013 | 14:45
Ukraine meets obligations under Energy Community Treaty

Ukraine meets obligations under Energy Community Treaty

The Cabinet approved signing of the Agreement with the European Union on funding of the program of Continued support for the implementation of Ukraines Energy Strategy.

As explained by experts from the Ministry of Economic Development and Trade, the purpose of the Agreement is assisting Ukraine in execution of the program for effective implementation of the energy sector development strategy, financial strengthening in the sector, and ensuring environmental protection, the Information-Analytical Bulletin of the Cabinet of Ministers of Ukraine reports.

Assistance provided by the European Union for the program will total 45 million EUR.

Experts of the energy market stress the importance for the Ukrainian economy of continued reforms in the energy sector. These reforms are envisioned by the obligations of Ukraine under the Energy Community Treaty.

Experts remind that the government has done a considerable amount of work in recent years to meet Ukraines obligations in the framework of the EU Second and Third Energy Packages.

The Laws of Ukraine On principles of natural gas market functioning and On principles of electricity market functioning in Ukraine" have been passed and will come in full force from the beginning of 2015. Implementation of these laws, according to experts, will split the functions of the producer (wholesaler), supplier and sale of gas and electricity to final consumers. Experts stress that it will result in de-monopolization of the gas and electricity markets of Ukraine. And the competition on those markets will help keep account of the consumed energy and to significant raise the energy efficiency of the economy.

Speaker meeting heads of diplomatic missions of EU countries
On February 3 in Kyiv, speaker of Ukrainian parliament Volodymyr Rybak held a meeting with heads of diplomatic missions of EU countries, accredited in Ukraine
Rada coordination board sitting
On February 3 in Kyiv, the coordination board of heads of parliamentary factions and committees held a sitting
NBU issuing commemorative coins dedicated to Olympic games
On February 3, the National Bank of Ukraine put into circulation two commemorative coins "XXII winter Olympic games" of value 10 and 2 hryvnias
Azarov saying good-bye to the Cabinet
On January 29, now acting Prime Minister Mykola Azarov and first vice PM Serhiy Arbuzov presided at a sitting of the acting Cabinet
VR holding extraordinary sitting
On January 28 the Verkhovna Rada of Ukraine held an extraordinary sitting
Protesters occupied Ukrainian House
On the night of January 25/26 protesters occupied the  building of the Ukrainian House in Yevropeiska square, previously vacated by law enforcements
09:49 February 6-7, Ukrainian President Viktor Yanukovych pays working visit to the Russian Federation

4 February 2014
14:57 Skier Valentyna Shevchenko will bear Ukrainian flag at the opening of Olympic Games in Sochi
14:15 Rivne Regional Council chairman Yuri Kichatyi voluntarily resigned 

Read all news →
Republication or redistribution of ForUm content, including by framing or similar means,
is allowed with the reference to only.
All rights are reserved by LTD. Inter-Media, ForUm 2001-2014
bigmir)net TOP 100