Ukraine

Last year, the Akhmetov ore-dressing and processing enterprise earned 770 million hryvnias against to 2.6 billion hryvnias in the previous year

In 2012, the Central ore-dressing and processing enterprise made the net profit in the amount of 770.077 million hyvnias (on results of 2011 this rate was 2599.195 million hryvnias). According to official announcement about the annual meeting of the enterprise’s shareholders on April 18, as of end of the last year its undistributed profit made up 1 629.677 million hyvnias.

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The Ukrainian market of metal with polymer cover has large potential for growth

The CEO of Metals & Polymers LLC E. Kozlov says that now the Ukrainian market of metal with polymer coverings is much less now versus the Russian market. In 2012, the share of internal production increased from 9% to 25%. The total volume of market of metal with polymer coverings declined from 165,000 tons to 145,000 tons.

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The Ukraine to offer Baku to buy and transit its oil

After almost two-year break, the Ukraine has promised to think about the resumption of purchases of Azerbaijani oil, concurrently offering to transit it to Eastern Europe.
The Ukraine sequentially ousted Russian oil Urals from its pipeline system, and after the launch of new Russian oil-export terminals in the Baltic region and Pacific ocean, the Ukrainian transit role in the supplies of Russian oil dramatically fell. Kiev repeatedly tried to attract resources, different from Urals, including by purchasing Azerbaijani oil.

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In Jan-Feb the Ukraine reduced ferroalloys and manganese raw materials production

In Jan-Feb 2013, the Ukrainian ferroalloys enterprises reduced their production against the same period in 2012 by 24% to 113.5 thousand tons.
The production of silicon manganese fell 8.6% to 93.6 thousand tons, ferromanganese – 36.4% to 13.6 thousand tons, 45% ferrosilicium – 72.6% to 6.3 thousand tons. The metallic manganese production was not held while in 2012 the volume of its production made up 2.9 thousand tons.

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Ferrexpo’s revenue went down by 20.4% last year

The net profit of the mining company Ferrexpo with the assets in the Ukraine made up $215.58 million in 2012. It is by almost 2.7 times less than a year before ($574.94 million). It is from an annual report of the company on the London Stock Exchange, Interfax-Ukraine reports.
The revenue of Ferrexpo went down by 20.4% to $1 billion 424.03 million last year.

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S. Kurchenko to buy the Odessa oil refinery plant

The notorious oligarch S. Kurchenko will spend 1.6 bln grivna of  Government funds for the purchase of the Odessa oil refinery plant.
A source says that the belonging to Mr. Kurchenko companies have received natural gas from Naftogas valued at 1.6 bln grivna and haven’t paid for it as yet though were supposed to pay in October. But the financial director of “Semiya”, S. Arbuzov, was said to have called the management of Naftogas and insisted on waiting for the debts return – in exchange for  refinancing to its affiliates.

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Naftogas pays to Gazprom for February gas

The National joint-stock company Naftogas of the Ukraine has fully paid to Gazprom for the  natural gas, imported in February of 2013, the Ukrinform reports, referring to the Naftogas’ press center.
Naftogas of the Ukraine transferred to Gazprom over $162 million for natural gas, imported in February of 2013. In the first quarter of 2013, the price of natural gas for the company makes up over $406 per 1 thousand cubic meters, - the press centre informs.

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Contract of Naftogas and Singaporean company on scandalous “Boiko’s drilling derricks” expires

The contract between Naftogas and Keppel Fels Limited (Singapore) on the supply of two floating drilling units in the amount of $1.226 billion has expired,Interfax-Ukraina transmits, referring to the report of the Singaporean company.
“The contract expired, because some its terms weren’t fulfilled within a prescribed period. Keppel will search for way to support the Naftogas’ activity in the sphere of hydrocarbons production,” – the report says.

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The Ukraine proposes to process Azerbaijani oil at its oil-processing plants under a tolling scheme

The Ukraine is ready to discuss the processing of Azerbaijani oil at its refineries under a  tolling scheme.
As the AzerTAj reports, the Ukrainian Minister of Energy and Coal Industry, Eduard Stavitsky said this at the meeting with the Azerbaijani Minister of Industry and Energ,y Natik Aliev.

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Ukraine reduced steel smelting by 8.6%

In February, the Ukraine reduced steel smelting by 8.6% or 244,080 tons to 2.60121 million tons, a source in the Cabinet of Minister says. In January, steel smelting was 2.84529 million tons. In January – February, steel smelting increased by 3.1% to 5.4465 million tons. In December, steel smelting reduced by 4.5% to 2.557 million tons.
Translated by Nadezhda Poltoratskaya

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