• IMF confirms readiness to cooperate with new Ukrainian government

    IMF representative Gerry Rice confirmed that the Fund is ready to continue cooperation with a new government in Ukraine as soon as it is formed.

    "When the government will be formed following the elections, we will be ready to continue the discussion about our further partnership with Ukraine," said Rice.

    He also confirmed that the IMF mission, which came to Kyiv for two weeks to assess the reforms, continues its work and will not return to Washington ahead of schedule, as several media …

  • US prepares to impose sanctions on Nord Stream 2 construction companies

    Washington is preparing to impose sanctions on the Nord Stream 2 gas pipeline project.

    According to the relevant bill, which was published on the US Senate website, sanctions will be imposed on a number of foreign construction companies that are involved in laying the pipeline on the bottom of the Baltic Sea.

    The “Protecting Europe’s Energy Security Act of 2019” was authored by republican senators Ted Cruz, John Barrasso, Tom Cotton and democrat senator Jeanne Shaheen.

    The senators stipulate …

  • Kazakhstan suspends liquefied gas supplies to Ukraine

    Kazakhstan company Tengizchevroil (TCO) stopped the supply of liquefied gas in the direction of Ukraine, reports enkorr information resource, citing several sources in the Ukrainian companies, holders of Term Contracts with Tengizchevroil.

    According to the sources, the Kazakh trader is afraid of potential problems with the passage of wagons through the Russian-Ukrainian border due to Russian sanctions against Ukraine that enter into force on June 1.

    "There is no permission to cross the …

  • Media: Kolomoisky fled Israel fearing extradition to the US

    The Ukrainian oligarch Ihor Kolomoisky left Israel in a hurry, fearing prosecution and subsequent deportation to the US, reports the Telegram channel The Newsroom.

    “Two unrelated sources have told us that Kolomoisky returned because the FBI had him pinned in Israel. The amount of information on the oligarch’s schemes is supposedly so large that the local Mossad had already gladly made plans to hand him over to the Americans, despite the fact that Israel does not extradite its own citizens to …

  • Saudi Arabia backs out of major Russian LNG project

    After a year and a half of negotiations, the Saudi Arabian national oil and gas company Saudi Aramco has decided not to buy a share in Novatek’s Arctic LNG-2 project, four informed sources told the Vedomosti news agency.

    Saudi Aramco, which was expected to invest around $5 billion in the project, was unhappy with the terms offered by Novatek. In addition, the Saudis were concerned by the risk of sanctions against the liquefied natural gas (LNG) plant, which would have been the largest in …