Qatar interested in Ukraine’s experience in organizing and hosting Euro 2012.
Doha – The official delegations of Ukraine and Qatar held a working meeting in Doha on Tuesday, during which they discussed bilateral economic cooperation.
An Interfax-Ukraine reporter said that the Ukrainian delegation had been represented by Foreign Minister Kostiantyn Hryschenko, Energy and Coal Industry Minister Yuriy Boiko, Defense Minister Dmytro Salamatin and businessmen Victor Pinchuk and Oleksandr Yaroslavsky. The main topics of the discussion were priority sectors for the strengthening of international economic relations – oil and gas industry, aviation and agriculture.
Particular attention was paid to the possibility of using Ukraine’s experience in Qatar’s preparations for the finals of the 2022 World Cup. In particular, Hryschenko introduced President of DCH Group and FC Metalist Kharkiv Oleksandr Yaroslavsky to the members of the Qatari delegation and proposed using his experience of infrastructure construction and management of the key facilities of the Euro 2012 tournament.
In addition, the question of Ukrainian-Qatari cooperation in the sphere of preparations for Euro 2012 was raised at a meeting between Qatari Prime Minister Hamad bin Jassim Al Thani and Yaroslavsky.
As reported, Ukrainian President Viktor Yanukovych arrived on an official visit to Qatar on November 27. In Doha, Yanukovych met with Emir of Qatar Sheikh Hamad bin Khalifa Al Thani.
After the ceremony chaired by the Ukrainian president and the emir of Qatar the delegations of the two countries held negotiations in a broad format.
Yanukovych also participated in the presentation of Ukrainian national projects that are being implemented on the initiative of the Ukrainian president.Yanukovych’s official visit to Qatar will last until November 28.
Ukraine: the $1bn deal that never was.
Ukraine’s government on Monday rolled out the red carpet for a highly-publicised signing ceremony for a landmark energy deal.
But the event, attended by Prime Minister Mykola Azarov and Energy Minister Yuriy Boyko, quickly spiralled into a fiasco, with denials and confusion over what has actually been signed – and by whom.
“This is a historic moment… We’ve taken the first really big step in securing Ukraine’s energy independence,” Azarov announced proudly in Kiev, and ordered construction to begin on a project involving the building of Ukraine’s first LNG terminal.
Live video feed demonstrated welders far away in Odessa region at work as they commenced construction on a pipeline that would connect Ukraine’s vast gas transit network with the proposed Black Sea coast LNG terminal.
Minutes later, with Azarov and Boyko looking on, attention turned to a signing ceremony between “investors” and Vlad Kaskiv, head of Ukraine’s state investment agency.
Journalists were told by Kaskiv that the “investors” had signed agreements to lead a newly-formed consortium – still open to other partners – to build the terminal at a cost of $1.1bn.
Upon completion in coming years, Kaskiv said the LNG terminal would allow Ukraine to import 5-10 bn cubic metres of gas shipped by tanker at a cost 20 per cent lower than the price Ukraine is charged by Russia’s Gazprom.
So far, so good.
The lead investor in the new consortium was identified by Kaskiv as Gas Natural Fenosa, the Spanish energy group. Signing on behalf of Fenosa was a Spanish-speaking man that Kaskiv and his subordinates identified as Jordi Sarda Bonvehi (pictured above, left).
Herein lies the problem.
Officials at Gas Natural Fenosa claim they don’t know Sarda Bonvehi. They say he does not represent their company or its subsidiaries. And, the company has not signed any agreement with Ukraine.
Shocked by news reports suggesting Gas Natural Fenosa had signed agreements to join the consortium, and lead efforts to raise financing for it, the company’s press service issued the following statement:
Gas Natural Fenosa has not signed any contract to invest in a LNG plant project in Ukraine, nor is it leading any consortium whatsoever for the development of the aforementioned terminal. Gas Natural Fenosa has nothing under study in this regard, nor does it have representatives working in Ukraine on this issue. We categorically deny the news reports which have been circulating throughout the day in various media.
Here’s where it gets really strange.
Ukrainian officials claim to be baffled by Gas Natural Fenosa’s statement. They claim to still believe that an agreement was reached with Gas Natural Fenosa. Speaking with beyondbrics, Kaskiv said it was the understanding of his state investment agency that Sarda Bonvehi represents the interests of Gas Natural Fenosa. He and other Ukrainian officials claim to have held negotiations with Gas Natural Fenosa, with Sarda Bonvehi playing the role of a negotiator of sorts. Officials at Gas Natural Fenosa steadfastly deny this.
Beyondbrics tried to talk to Sarda Bonvehi at the signing, but he declined to comment.
Describing the turn of events as “disappointing,” a spokesperson for Ukraine’s prime minster stressed that the country would pursue construction of the strategic LNG terminal – with or without Gas Natural Fenosa, or other investors.
But with its 2012 budget deficit widening, with its economy on the verge of economic recession and government cut off from billions of dollars of International Monetary Fund loans due to lacklustre reform efforts, does Ukraine’s government have the financial fire power to bankroll this project alone? Or will it fall into the hands of billionaire oligarchs that have deep pockets, but already have a powerful hold the country’s economy?
Miller Brands Ukraine to up beer output by 15% in 2012.
PJSC Miller Brands Ukraine (Donetsk), one of the largest brewing companies in Ukraine, in 2012 could increase beer production by 15%, including through expanding its product line.
Production Director Vasyl Basmanov told reporters in Kyiv on Friday that the company in 2011 increased beer production by 51.4% compared to 2010, to 16.4 million decaliters (dal).
“It’s not worth expecting that we will increase production the same way this year, as conditions [on the beer market] are rather tough, and the market is falling,” he said.
Basmanov also reported that in January-August this year the company produced about 12 million dal of beer, which is 20% up on last year.
As reported, Miller Brands Ukraine is among the four leaders of the Ukrainian beer market. Until 2012, the company belonged to SABMiller, and in March 2012, as a result of a strategic alliance between two large international groups, international brewer Efes gained control over Miller Brands Ukraine.
Miller Brands Ukraine produces and imports beer under the Miller Genuine Draft, REDD’S, Zolota Bochka, Velkopopovicky Kozel Svetly, Amsterdam Mariner, Sarmat, Zhygulivske, and Dobry Shubin brands.
Efes is an international company, the fifth largest producer of beer in Europe. It has 18 breweries, seven malting plants and 20 plants for bottling Coca-Cola beverages in 16 countries.
Ukraine’s wheat exports likely to fall from November.
Ukraine’s monthly wheat exports will fall sharply starting from November or December as traders deplete the agreed quota aimed at ensuring stable local bread prices after a fall in 2012 wheat output, the Agriculture Ministry said on Tuesday. “The contracts that have already been signed will be fulfilled and starting from November or December wheat exports will be 50,000 to 100,000 tonnes per month,” Serhiy Kvasha, the head of the ministry’s markets department, told reporters.
Ukraine exported 824,000 tonnes of wheat last month. Ukraine’s wheat harvest fell to 16.3 million tonnes bunker weight in 2012 from 22.3 million tonnes clean weight in 2011. Bunker weight usually exceeds clean weight by 5 to 7 percent. Analysts and traders forecast the 2012 wheat crop at about 14 million tonnes in clean weight. Ukraine consumes about 12 million tonnes of wheat per season.
The ministry and grain traders’ unions earlier this month agreed on 2012/13 maximum export volumes of 19.4 million tonnes of grain, including 4.0 million of wheat. Traders have said the government may limit wheat exports in early 2013 in a bid to prevent a jump in domestic grain prices after the wheat harvest declined this year.
With two goalkeepers ruled out and a third in a race to recover from injury, Ukraine is heading into the European Championship in crisis.
Dynamo Kiev veteran Oleksandr Shovkovskiy is out because of shoulder surgery and Shakhtar Donetsk keeper Oleksandr Rybka has been banned for doping.
That leaves Spartak Moscow goalkeeper Andriy Dykan as the first choice, but he is recovering from facial injuries and may not be healthy in time.
“I can’t say my condition is satisfactory, although it is better,” Dykan said. “As for Euro 2012, I really, really want to play. But time is passing, and I realize that my dream is drifting away.”
The 34-year-old Dykan was hit in the face during a game in the Russian league on March 31, less than 10 weeks before co-host Ukraine opens Euro 2012 against Sweden.
“I hope that Dykan will return to the national team,” Ukraine goalkeeper coach Yuriy Romenskiy said. “Although the chance of that isn’t very high.”
If Dykan joins Shovkovskiy and Rybka on the sidelines, Ukraine coach Oleh Blokhin will likely turn to 27-year-old Andriy Pyatov. The Shakhtar Donetsk keeper has made 24 international appearances but has played rarely for his club this season after losing his place to Rybka.
The loss of Shovkovskiy is the biggest blow to the team’s chances of getting through Group D, which also includes England, France and Sweden.
The 37-year-old Shovkovskiy, who has made 92 appearances for Ukraine, injured his shoulder ligaments in a domestic-league game in late April — only five weeks before the tournament. Doctors initially hoped to put off an operation until after the tournament, but had to leave that idea behind two weeks later.
“It’s a cruel world. Circumstances often ruin all our dreams,” Shovkovskiy wrote on his Facebook page. “If you want to make God laugh, tell him your plans for tomorrow.”
The 25-year-old Rybka would have been the obvious replacement for the two injured goalkeepers, but he was banned for two years by UEFA in January after failing a doping test. The club said he accidentally took a banned diuretic as a slimming method without informing the team doctor.
The lack of an experienced keeper further weakens Ukraine’s already-shaky defense. The team conceded two goals in a victory over Israel in February and three in a draw with Germany at home in November.