I am finding out more information from the posts of brumbrum79 than in any Cadogan news releases. |
 hxxps://ua-energy.org/uk/posts/uriad-spryiaie-rozvytku-rozpodilenoi-heneratsii
The government promotes the development of distributed generation
October 8, 2024
Relevant permit procedures have been simplified for businesses and citizens and financial incentives have been created
Thus, according to the Ministry of Energy, the Cabinet of Ministers significantly simplified the conditions for the implementation of distributed generation projects, in particular:
● developed procedures for simplifying the connection of distributed generation sources to electric, heat and gas networks;
● standardized the conditions of placement, construction and commissioning of generating units;
● developed a decision on the removal of customs duty and value added tax on renewable energy equipment;
● simplified procurement procedures for small distributed generation facilities without holding tenders;
● eased the approval and commissioning process.
At the same time, the government introduced financial instruments to support citizens and businesses in purchasing energy equipment:
● introduced a program of financial support for households, in particular, a 0% loan for individuals to purchase energy equipment;
● expanded the "5-7-9% Available Loans" program to purchase energy equipment for condominiums, housing cooperatives, businesses, established special conditions for state and communal enterprises;
● allowed to apply the credit program for condominiums and condominiums in a complex with the "GreenDIM" program.
Also, in order to facilitate the construction and placement of gas piston and gas turbine plants, including cogeneration plants, the list of documents for their construction and placement has been shortened. Today, it is possible to install generation facilities in parallel with the preparation of project documentation, and operation can be carried out without a certificate of acceptance into operation.
In addition, state and utility companies can now purchase generation equipment without holding tenders in preparation for the 2024/2025 heating season. At the same time, they are obliged to report in the Prozorro electronic system.
The state provides consulting support to businesses and citizens regarding the development of distributed generation - the government phone line "STRUM" 15-49 is open .
As "Ukrainian Energy" reported , as of the end of September, the state-owned "Oschadbank" received applications from clients for financing the construction of distributed generation for more than 650 MW. 60% of these applications relate to the installation of gas piston installations and approximately 20% each to the construction of solar and wind power plants.
The UN Development Program will help purchase gas piston installations for Ukrainian cities. |
hxxps://ua-energy.org/uk/posts/uriad-spryiaie-rozvytku-rozpodilenoi-heneratsii
The government promotes the development of distributed generation
October 8, 2024
Relevant permit procedures have been simplified for businesses and citizens and financial incentives have been created
Thus, according to the Ministry of Energy, the Cabinet of Ministers significantly simplified the conditions for the implementation of distributed generation projects, in particular:
● developed procedures for simplifying the connection of distributed generation sources to electric, heat and gas networks;
● standardized the conditions of placement, construction and commissioning of generating units;
● developed a decision on the removal of customs duty and value added tax on renewable energy equipment;
● simplified procurement procedures for small distributed generation facilities without holding tenders;
● eased the approval and commissioning process.
At the same time, the government introduced financial instruments to support citizens and businesses in purchasing energy equipment:
● introduced a program of financial support for households, in particular, a 0% loan for individuals to purchase energy equipment;
● expanded the "5-7-9% Available Loans" program to purchase energy equipment for condominiums, housing cooperatives, businesses, established special conditions for state and communal enterprises;
● allowed to apply the credit program for condominiums and condominiums in a complex with the "GreenDIM" program.
Also, in order to facilitate the construction and placement of gas piston and gas turbine plants, including cogeneration plants, the list of documents for their construction and placement has been shortened. Today, it is possible to install generation facilities in parallel with the preparation of project documentation, and operation can be carried out without a certificate of acceptance into operation.
In addition, state and utility companies can now purchase generation equipment without holding tenders in preparation for the 2024/2025 heating season. At the same time, they are obliged to report in the Prozorro electronic system.
The state provides consulting support to businesses and citizens regarding the development of distributed generation - the government phone line "STRUM" 15-49 is open .
As "Ukrainian Energy" reported , as of the end of September, the state-owned "Oschadbank" received applications from clients for financing the construction of distributed generation for more than 650 MW. 60% of these applications relate to the installation of gas piston installations and approximately 20% each to the construction of solar and wind power plants.
The UN Development Program will help purchase gas piston installations for Ukrainian cities. |
hxxps://reform.energy/news/vpershe-na-pyat-rokiv-ukrenergo-15-ta-22-serpnya-planue-vikupiti-1099-mvt-potuzhnosti-dlya-balansuvannya-energosistemi-22854
According to the terms of the auction, additional services are purchased for 1,826 days - from October 1, 2025 to September 30, 2030.
According to the presentation presented by the head of the NEC, the marginal cost of the service at the RPC auction is up to 33 euros/MW, at the aRPC auction - from 24 euros/MW to 33 euros/MW. In the first case, the service will be purchased in blocks of 4 hours, in the second - hourly.
Ukrenergo has calculated that the payback of the projects will be 3-4 years.
...
hxxps://reform.energy/news/vr-capital-vidmovilas-vid-auktsioniv-ukrenergo-na-pobudovu-novoi-generatsii-cherez-brak-vpevnenosti-v-garantovaniy-oplati-zasnovnik-22986
VR Capital refused the auctions of "Ukrenergo" for the construction of new generation due to a lack of confidence in the guaranteed payment - the founder
09.10.2024 22:21 oil and gas, electricity, RES
VR Capital Group considered its possible participation in the auctions of NEC "Ukrenergo" for the construction of a new generating capacity for balancing the energy system, but abandoned this idea due to uncertainty in the guaranteed payment of services, reports Energoreforma.
This was reported by its founder, Richard Deitz.
"We considered participating in the auctions. But will the state take this electricity, or will we receive cash flow?" he said at the "Energy of Business" conference by Forbes on October 9, the correspondent of Energoreforma reports.
"You need to have a guarantee to get your money back. And it's hard to model the behavior of the state," said Deitz.
According to him, the war in Ukraine is a big risk for investments, but the unstable state policy is also a risk.
As reported, VR Capital Group, through its subsidiary Elementum Energy, owns, in particular, the 100 MW Dniester wind farm in the Odesa region, the second stage of which, 60 MW, was put into operation already during the war - in 2023.
VR Capital is an international firm with approximately $5 billion in investor assets managed through pooled funds. VR Capital is one of the largest Western investors in Ukraine since 1999, with a portfolio of assets exceeding $1 billion. The firm operates through its main offices in New York and London and serves a client base of leading Western institutional investors.
The essence of the two Ukrenergo auctions for auxiliary services held in August 2024 for the first time was that their winners receive a 5-year contract under which NEC undertakes to pay for energy system balancing services at the price determined at the auction. According to the terms of the auctions, the winners have to build generation capacity (gas plants and biomass power plants) and energy storage systems to provide these services by October 2025. |
hxxps://interfax.com.ua/news/economic/1008873.html
NEC "Ukrenergo" held the second special auction for the purchase of automatic frequency restoration reserves (aRVC) for a period of 5 years, during which the participants demonstrated a high level of competition.
"According to the preliminary results, an average of 240 MW of load service reserves were purchased each hour, which is more than 41% of the auctioned demand. Also, on average, about 260 MW of load and unload services were purchased each hour (symmetric reserve ) - 62% of the need," the system operator reported on Thursday.
Previously, all participants of the auction - 35 companies that made 807 offers - are winners. Of the winning bids, there are 41 units of generating equipment. About 90% of the auction participants are new to the company's energy market.
According to the information of "Ukrenergo", the company at the auction bought two types of services for providing aRVCH: 579 MW - load service, i.e. the ability of electrical installations to support the power system due to an increase in the supply of electrical energy to the network, and 421 MW - symmetrical reserve, i.e. the ability of electrical installations to discharge and load depending from the needs of the energy system of Ukraine.
"The final results will be made public after the appeal period defined by the Market Rules," the NEC said.
On average, at the auction, the prices of load offers ranged from UAH 484 to 971.15 per megawatt, and for symmetrical reserve - from UAH 1049.40 to 1330.13/MW.
As reminded in "Ukrenergo", currently the maximum price for reserve purchase services is UAH 1,339.82/MW.
The winners of the aRVC service auction will have a fixed EUR contract with Ukrenergo for 5 years, with a one-year delay in the start of service provision.
"That is, investors will have time until October 2025 to build a new power plant and undergo equipment certification. So, in a year, new balancing capacities will appear in the Ukrainian energy system," NEK explained.
Auxiliary services for automatic frequency restoration reserve are services for the readiness of generating equipment to constantly respond to changes in interstate flows between the power systems of Ukraine and neighboring states. This reserve is provided automatically, and the full activation time does not exceed 15 minutes. This type of reserve is necessary for the stable and balanced operation of the Ukrainian energy system.
As reported, on August 15, Ukrenergo purchased 99 MW of frequency support reserve for 5 years at the first long-term special auction for auxiliary services.
As the head of Ukrenergo, Volodymyr Kudrytskyi, explained earlier, the first auction is the so-called primary regulation (RPCH, frequency support reserve, command execution within 15 seconds - ER), and mainly energy storage systems (ESS) were supposed to participate in it - very fast maneuverable installations. The second auction - on aRVCH (automatic frequency restoration reserve - ER), execution of the command within 15 minutes. In particular, gas piston, gas turbine installations and biomass power plants could participate in this auction.
Ukrenergo Telegram Channel:
25th September 2024
22 of the 35 winning companies of the long-term special auction of "Ukrenergo" for the purchase of services of automatic reserve of frequency restoration (aRVCH) have paid financial security to escrow accounts. Thus, they guaranteed the fulfillment of their obligations, and therefore - 278 MW of new balancing capacities should appear in the Ukrainian energy system in a year. By August 15, 2025, the winning companies must undergo equipment certification, and from October - start providing this service in the Ukrainian energy system.
In particular, it is now finally guaranteed:
🔹construction of new capacities to provide up to 68 MW of load services, that is, the ability of electrical installations to support the power system by increasing the supply of electrical energy to the network;
🔹construction of new capacities to provide up to 210 MW of symmetrical reserve, that is, the ability of electrical installations to both load and unload - depending on the needs of the energy system of Ukraine.
Another of the winners is an existing provider of ancillary services and has guaranteed the provision of reserves with already certified equipment with a capacity of 119 MW.
Regarding the cost of purchased services. The weighted average price of 1 megawatt at the special auction was UAH 833.05 for load and UAH 1219.41/MW for symmetrical reserve. For comparison: currently, Ukrenergo pays an average of UAH 971.95 for loading services and UAH 1,339.64/MW for symmetric reserve services for 1 megawatt of services for the provision of aRVCH. Savings in 5 years, in case of unchanged prices, will amount to almost 1.8 billion hryvnias.
Auxiliary services for the provision of automatic frequency restoration reserve are services for the readiness of generating equipment to constantly respond to changes in interstate flows between the power systems of Ukraine and neighboring states. This reserve is provided automatically, and the full activation time does not exceed 15 minutes. This type of reserve is necessary for the stable and balanced operation of the Ukrainian energy system.
hxxps://www.epravda.com.ua/news/2024/09/25/719797/
hxxps://forbes.ua/news/kompanii-peremozhtsi-auktsionu-pobuduyut-278-mvt-novoi-generatsii-dlya-balansuvannya-energosistemi-ukrenergo-25092024-23828 |
CAD daily volatility is climbing. |
CAD is the symbol used for LSE transactions, and ADVFN uses the symbol CAD.GB for AQSE |
Does anyone know where to find the deals that have gone through on the exchange called AQUIS.
This is where I bought at,but can't see any trace of the trades.
With the oil price rising,we should be in profit now for the year. |
Cad's New Investments in (ukraine) Power Generation will be deployed through Astro-Invest Energy LLC (shares 100% ZAGORIANSKA PETROLEUM B.V.).
Here below some info about that:
hxxps://expro.com.ua/statti/hto-peremg-u-specaukconah-vd-ukrenergo-
ExproConsulting
08:55 / August 26, 2024
Who won the special auctions from "Ukrenergo"?
SECOND AUCTION WITH ARVCH
During the week, "Ukrenergo" held another special auction for the purchase of auxiliary services for balancing the energy system. On Thursday, August 22, the transmission system operator purchased services for the provision of automatic frequency restoration reserve (FRR), also under a five-year contract. The operator of the transmission system failed to fully purchase all the needs. 240 MW of reserves were purchased for the load shedding service, 41% of the need, and 260 MW for the symmetrical reserve, i.e. 62%. 35 companies became the winners.
Details of the second auction with ROC
Term of the contract: 5 years, 01.10.2025-30.09.2030
Reserve type: aRVCH
Need:579 MW (for loading), 421 MW (for loading and unloading)
The winners:
UGE
PJSC "Ukrhydroenergo"
DTEK
"DTEK Tyligulska WPP-2", "DTEK Berdyanska WPP", "Solar-Farm 4", "Solar-Farm 6", "Solar-Farm 7", "Solar-Farm 8"
Zahidnadraservice
PE "Nordik", PE "Proekt-Bud", LLC "Geo-Nadra-Invest"
Cadogan Petroleum
"Astroinvest-Energy"
...
SLAV Group
EC "Sistema", "Combination of lamb products"
VIB Assets
"Ecobudenergy", "Energy-Active 2018"
Suriya Jayanti
"Electricity of Ukraine"
Inzhur real estate fund
"Injur Energy"
Kness
"NESS Power"
ok
"UZE Stryi-1"
IKNET
"Akumen", "Mitrakon-Dolyna"
Others
"Kvitna Solar", "Homer-Elios", "Solar-Invest" , "Energy Podillia" Holding Company, "Zonnenenergy", "Enei Solar", "Keyvolt.Energy", "Orion Peavy" , "Silgospremtekhnika", "Skywatt" , Smart Trade Energy , Your Energy Supplier, UZE Lviv, Elektro-Resurs
"Ukrhydroenergo" is a permanent participant in the market of auxiliary services with aRVCH, so it is not surprising that the state hydrogen generating company is also among the winners at this auction.
DTEK The projects "DTEK Tyligulska VES-2" and "DTEK Berdyanska VES" took their volumes at the auction. Also, among the winners are "Solar-Farm 4", "Solar-Farm 6", "Solar-Farm 7", "Solar-Farm 8", which are part of the structure of DTEK Renewables.
Zahidnadraservice . Zahidnadraservice of Zinoviy Kozytskyi's group of companies is actively entering the market of balancing capacities. Among the winners of the auction from the Group are "Nordik" PE, "Proekt-Bud" PE, and "Geo-Nadra-Invest" LLC.
Cadogan Petroleum. Astroinvest-Energy, headed by Yuri Buchakov, commercial director of Cadogan Petroleum, also became one of the 35 winners at the auction for a five-year contract. The main activity of the company, which was founded almost 17 years ago, is exploratory drilling.
SLAV Group Bondarenko. Several companies of the SLAV Group of Eduard Bondarenko, who is the chairman of the board of "Donbasenergo", were included in the pool of winners of the second auction - "EC "Sistema", "Combine of lamb products" (producer of bread and bakery products).
VIB Assets of Oleksandr Vizir . Also, among the winners are the following companies: "Ekobudenergia" of Viktor Degtyar (56%) and Andrii Pylypenko (26.7%). At the same time, another 16.9% in the ownership structure is held by "VIB Assets" of Oleksandr Vizir, who is the head of the NGO "Association of Energy Efficiency and Energy Saving", previously worked at the State Property Fund, was on the supervisory board of the Odesa Port Plant and an adviser to the Minister of Energy in 2021 -2022
Also, Oleksandr Vizir, together with Tetyana Grebenyuk, are the ultimate beneficiaries of another auction winner - Energy-Aktiv 2018 LLC.
Oleksandr himself confirmed for ExPro that he plans to build energy storage facilities at existing solar power plants.
Mazepa, Kobolev and Jayanti . Suriya Jayanti, ex-head of the energy department of the US Embassy in Ukraine and business partner of ex-head of Naftogaz Andriy Kobolev, is the ultimate beneficiary of the winning company of the Elektrik Ukraine auction . According to YouControl, the company is related to Igor Mazepa's Concorde Capital. "Elektryka Ukraine" was founded 8 months ago, with a charter capital of 130,000 hryvnias.
Inzhur real estate fund. "Inzhur Energy", which is part of the Inzhur fund, Andriia Zhurzhia was able to contract capacity at the second auction of NEC "Ukrenergo" for auxiliary services. The company officially announced that it is ready to build a highly maneuverable gas generation facility with a capacity of 18 MW. There are plans to launch a joint investment fund in the energy sector.
KNESS and OKKO . One of the companies of the KNESS Group was able to contract capacity at the second auction of NEC "Ukrenergo" - it is about "NESS Power". Also, UZE Stryi-1, whose founder is OKKO-Drive, won again.
IKNET . The company "Akumen" managed to contract volumes at the second auction. One of its founders is Yuriy Podolyak, director of the IKNET company. "Akumen" was founded in 2022, with a charter capital of 50,000 hryvnias. Also, Podoliak's "Mitrakon-Dolyna" won the auction .
Ladnich family group . Among the winners is the Kvitna Solar company, which, according to YouControl, is part of the Ladnich Family Group. The companies of the group are engaged in the implementation of complex engineering solutions using energy-efficient technologies and renewable energy sources (Rentechno LLP), construction of turnkey solar power plants (Dela Engineering LLP), as well as electricity trading (Delight Energy LLP).
Yaremenko family group. "Homer-Elios" by Evgenia Yaremenko also took its power. As indicated on the analytical portal YouControl, the companies of the group work in the field of production of fastening systems, construction and operation of solar power plants (LLC "Solar Stalkonstruktionsia", LLC "PV Engineering Ukraine"), as well as production of metal structures (LLC "SJ Profil Ukraine").
Khmelnytskyi officials . Among the winners are "Solar-Invest" and "Podillia Energy" Holding Company. The company is owned by the Krupa family. According to the local mass media of Khmelnytskyi, Tetiana Krupa is an honored doctor of Ukraine, as well as the chief doctor of the institution that prescribes disability in Khmelnytskyi region. Her husband, Volodymyr Krupa, is the former head of the audit service of the Khmelnytskyi region, and their son Oleksandr Krupa currently heads the Main Department of the Pension Fund in the Khmelnytskyi region.
Ex-head of the State Agency of Forest Resources of Ukraine . The company of Khrystyna Yushkevich, ex-official of the Ministry of Agrarian Policy and the State Agency of Forest Resources of Ukraine, "Zonnenenergi" with a charter capital of 1 thousand hryvnias also won the second auction.
Others . Also, among the winners are the Ivano-Frankivsk company "Enei Solar", "Keyvolt.Energy" by Kyryll Lukyanchuk with a charter capital of 500 hryvnias, "Orion Pivi" by Vitaly Gavura, "Silhospremtekhnika" with Turkish beneficiaries, "Skywatt" by Natalya Gurina, energy traders "Smart Trade" Energy" and "Your Energy Supplier", "UZE Lviv" of Tymofii Dyukarev and Mykhailo Novosad (Dyukarev also owns "UZE Slavutych" and "UZE Nizhyn", which did not participate in the second auction) and "Electro-Resources" with a founder in the Seychelles .
30 days after the auctions, winning companies must confirm financial support.
ExPro Electricity
Author: ExPro
more info:
14:05 / August 28, 2024
Auctions for the construction of new generating capacities: procedure and features
hxxps://expro.com.ua/statti/aukconi-na-budvnictvo-novih-generuyuchih-potujnostey-poryadok-provedennya-ta-osoblivost
10:53 / August 16, 2024
"Ukrenergo" held the first long-term auction for RPCH for 5 years
hxxps://expro.com.ua/novini/ukrenergo-provelo-pershiy-dovgostrokoviy-aukcon-na-rpch-na-5-rokv |
An amicable solution is being found between Cadogan and Proger to resolve the "controversy". |
when did the non repayment of the Proger loan become a controversy. |
Cadogan has started to make new investments in several projects in power generation.
Electricity generation is going to be profitable with Ukraine energy infrastructure in disarray.
Cadogan gross profit $2.3m and operating profit $0.3m
Current assets $32.8m
Loan $17.0m is being recovered from Proger
It is also important to correct the misleading viewpoint of gas trading activity created recently. Cadogan had no activities in the first half 2024. |
@brumbrum79 : I agree with you that the management seems, well, suboptimal, however I bought with the feeling the company will make money "despite itself". Electricity generation is bound to be profitable with Ukraine energy infrastructure in shambles, and despite the lengthy process, arbitration will definitely yield a few millions sterling in the end. With the market cap of the company below cash in bank, even if the management lives high off the hog I expect to get decent returns when the war and/or the arbitration ends. Is your investment case similar? |
itsriskythat 'loves' Cad's management board.
I didn't do a misleading view of gas trading activity.
I reported the financial data 1H2024 of Astroinvest-energy LLC (Cadogan Energy subsidiary). Everyone can see and read Astroinvest-energy LLC Financial data here
hxxps://clarity-project.info/edr/35193237/quarterly-finances
Maybe Itsriskythat doesn't know as a natural gas trading business company/operator works...
natural gas trading is a seasonal business (someone says 'heating season').
natural gas trading company buy natural gas during summer (year n)
natural gas traging company sell natural gas during late autumn, winter and early spring.
An efficient and profitable natural gas operator will have 0 (zero) m3 of natural gas stored at the end of April (year n+1)... but it will have the cash on bank.
Last but not least, it's not the first time that Cad's natural gas trading business lost money.
Annual Financial Report 2019 - ref. page 66 - NG Trading segment results -2.038.000$ (including impairment of NG stored for -1.916.000$);
Annual Financial Report 2020 - ref. page 67 - NG Trading segment results +643.000$
(including Reversal of impairment of VAT recoverable +570.000$ -> without Reversal of impairment of VAT segment results would be +73.000$);
Annual Financial Report 2021 - ref. page 70 - NG Trading segment results +588.000$
Annual Financial Report 2022 - ref. page 68 - NG Trading segment results -136.000$
Annual Financial Report 2023 - ref. page 69 - NG Trading segment results -61.000$
In my humble view, NG Trading segment business achieved great results in the last 5 years.
In the war-scenario a monkey ceo and management board would have closed this business years ago.
...'the new project is to produce electricity at Blazhiv,'...
the energy generation project, using associated gas from crude oil production, has been already planned and proposed in the 2019 from previous management board.
Proger... another successful of fady/meeus... arbitration after arbitration Cad's shareholders are losing time and money.
It would be better to find a new agreement.
From 20 november 2019 to Today Cad's share performance is there to be seen.
fady/meeus and co. have generated a lot of value to Cad's shareholders from nov 2019 to now.
Thanks again...
PS I didn't read and see any new business idea & geographical diversification from this ceo/management board. |
I want to correct the misleading viewpoint of gas trading activity created by brumbrum79.
The trading business of Cadogan has only small administrative costs because it is just a couple of staff.
Their activity is to buy gas and hold it in storage until the business decides to take a profit. The profit can be large if it times the market right, but it never sells the gas at a loss.
For the Cadogan production business the revenue is stable, the new project is to produce electricity at Blazhiv, as well as some preliminary activity in Italy.
There is an appeal taking place aims to recover $16m from Proger. The amount is significantly in excess of Cadogan's market value. There is also a second arbitration which has been heard over the summer and aims to fast track recovery.
At current 2p there is a substantial gain when Cadogan wins over Proger.
Full recovery from Proger would give Cadogan 10.5p per share in cash and no debt. |
Translate service:
In a natural gas trading activity, when the gas is physically held in storage for later sale, the gas is valued at the end of each quarterly reporting period at fair value.
The gas was not sold. I expect the gas to be sold in the winter period at higher prices than end period date 30th June.
The impairment is reversed. |
...'So all in all over the past six months the loss from ASTROINVEST-ENERGY cancels out the gains (about $1.2m) from Yusenko Nadra? That's disappointing.' ...
"keep calm & stay relaxed"...
the ceo is a "genius" and Cad's management board is the be(a)st of the world, Cad's share "hyper" performance of the last 4 years prove it. :(
They generated a lot of value for their pocket, less than zero for Cad's shareholders but someone is very happy and proud about fady & meeus.
ByeBye |
So all in all over the past six months the loss from ASTROINVEST-ENERGY cancels out the gains (about $1.2m) from Yusenko Nadra? That's disappointing. |
Yusenko Nadra - USREOU code: 35336083 - 1H 2024 Financial Results
hxxps://clarity-project.info/edr/35336083/quarterly-finances
YUSENKO UKRAINE - USREOU code: 30051913 - 1H2024 Financial Results
hxxps://clarity-project.info/edr/30051913/quarterly-finances
ASTROINVEST-ENERGY LLC - USREOU code: 35193237 - Natural Gas Trading Activity lost 39Millions Ukrainian Hryvnia -> 950.000 Usd... "Wow!" "Great Job!"
36Mllions Ukrainian Hryvnia of Other operating expenses.. What???
Thanks to fady/meeus & co... The be(a)st ceo & management board of the world...
hxxps://clarity-project.info/edr/35193237/quarterly-finances
ByeBye |
I bought 300.000 shares slightly above 2p after Véronique Salik splurged at 2.6p - so I'm a recent shareholder. It looks like an interesting bet independently of the outcome of the war, especially now that Ukraine is electricity-starved. |
Welcome to Cadogan board. Have you been a shareholder for long? Subsoil taxes used to be 31%, I don't know if they are higher now? |
Thank you brumbrum79, that's quality sleuthwork. I guess we can expect good results for Q3! |
State Tax Service of Ukraine
Official portal
Extractive industry enterprises of Lviv Oblast have directed more than 2.2 billion hryvnias in tax payments to the consolidated budgetSection: News
During January-July 2024, the collection of tax payments to the consolidated budget for extractive industry enterprises of the Lviv region amounted to 2,200.1 million hryvnias. This was reported by at. Mykola Nikityuk, head of the Main Directorate of the DPS in the Lviv region.
The specific weight of the extractive industry in the total collection of payments to the consolidated budget is 5.8 percent.
The largest taxpayers in this industry are PJSC "Ukrnafta", JSC "Ukrgazvydobuvannya" (these taxpayers in the Lviv region are on consolidated tax payments and pay rent for the use of subsoil according to GU) and LLC "Yusenko Nadra".
Link:
hxxps://lv.tax.gov.ua/media-ark/news-ark/print-813772.html |
Based on info & data directly taken from environmental impact assessment Yusenko Nadra will install JENBACHER J316 (genset/chp module).
Electrical Output
796 - 851 kW
Thermal Output
841 - 1,081 kW
Voltage
400V, 6.3kV, 10.5kV
Electrical Efficiency
up to 43.1 %
Thermal Efficiency
up to 49.9 %
L: 5,300 x W: 2,300 x H: 2,300 mm
ByeBye |
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