The exemption would cost “Naftogaz” approximately 80 million UAH. losses, but will support the operating activities of industrial enterprises of basic industries in the first quarter.
“For us this is no small support, given the need to have more working capital to load capacity under spring sowing,” - the company believes “Styrene”, the largest consumer of gas among the producers of nitrogen fertilizers. Will be satisfied with the decision of the Government and metallurgists. Last year, the assignment saved them 200 million UAH.
will be less significant savings in the first quarter of this year. “Judging from the fact that MMC consumes about 1.3 billion cubic meters. M of gas in the quarter, the savings of working capital will amount to UAH 50 million. For all enterprises. The amount is insignificant, especially considering that the price of gas in the first quarter was rise due to higher prices for imported gas from 1899 UAH. to - approximately - 2560 UAH. for 1 thousand cubic meters. m “, - the analyst IK” Dragon Capital “Denis Sakwa.
Several smaller amount of funds left in their wallets and chemists, given the fact that the consumption of blue fuel in these industries are not too different after the crisis. Thus, according to the Center for Energy Studies, in 2009 MMC “ate” 5,5 billion cubic meters. meters of gas, and khimprom - 4,8 billion cubic meters. m, which shows almost twice the incidence of consumption. Totally the industrial sector of Ukraine has revised more than 18 billion cubic meters. meters of gas in 2009 “Naftogaz” expects that in 2010 he realizes the industry more than 21 billion cubic meters. meters of gas, which experts call a few inflated projections.
a monopolist hush its position on the preferences of industry, but company representatives have already appealed to the Prime Minister with a letter, which was asked to descend to the financial problems of the enterprise. It is not known, as head of government will respond to the appeal of Naftogaz, but industry representatives assert that the ruling cheaply gas still is not signed by Prime Minister Yulia Tymoshenko.
should say that from the full range of benefits promised by MMC and khimprom at the time of the crisis, has not been entered yet only one - the restriction of port charges. More substantial support for export-oriented industries in comparison with the abolition of the allowance would be a target removal of VAT on gas consumption. But this preference industrialists will have to defend in the Verkhovna Rada, where the registration bill. He lobbied for the adoption of the Industrial Policy Ministry.
In addition, the greatest difficulties, and metallurgists, and chemists will face in the second and third quarters, when the markets will decline. If at that time, Ukraine and Russia will not revise the price of imported gas in the direction of its cheaper or not to extend the existing price of gas, fertilizer producers will be forced to stop production and find new investors. Steelmakers already started selling the most liquid assets. The very same budget of Ukraine and the annual estimates of Naftogaz does not allow to speak about the extension of existing benefits in the future.
“The state has been unable to subsidize these industries in the long term. In this case, there were three options - to seek a strategic investor for companies of chemical industry, used in the production of liquefied gas or revise the import gas price for Ukraine. The latter is unlikely, and - soon — lies in the political than the economic plane “, - the analyst IK” TASK “Vadim Yemets.
In 2009, TMK has reduced shipments of pipe production by 13% to 2.792 million tons
Gradual awakening
Overview of the oil market for 18.01.10
Hugo Chavez nationalize supermarkets
Fitch: Economic recovery a positive impact on structured finance in Europe
BP refused to include in the agenda a bill on amending the law on presidential elections
Coefficient of the disease
2009 budget was expected unfulfilled. Nevertheless, in 2010, the fiscal pressures on the economy will continue to rise …
In the stock market positive tendencies
Last week was the first full trading week …
Oil continues to decline, dragging down the share prices of companies of Russia TEK
Gas cheaper
The exemption would cost “Naftogaz” approximately 80 million UAH. losses, but will support the operating activities of industrial enterprises of basic industries in the first quarter.
“For us this is no small support, given the need to have more working capital to load capacity under spring sowing,” - the company believes “Styrene”, the largest consumer of gas among the producers of nitrogen fertilizers. Will be satisfied with the decision of the Government and metallurgists. Last year, the assignment saved them 200 million UAH.
will be less significant savings in the first quarter of this year. “Judging from the fact that MMC consumes about 1.3 billion cubic meters. M of gas in the quarter, the savings of working capital will amount to UAH 50 million. For all enterprises. The amount is insignificant, especially considering that the price of gas in the first quarter was rise due to higher prices for imported gas from 1899 UAH. to - approximately - 2560 UAH. for 1 thousand cubic meters. m “, - the analyst IK” Dragon Capital “Denis Sakwa.
Several smaller amount of funds left in their wallets and chemists, given the fact that the consumption of blue fuel in these industries are not too different after the crisis. Thus, according to the Center for Energy Studies, in 2009 MMC “ate” 5,5 billion cubic meters. meters of gas, and khimprom - 4,8 billion cubic meters. m, which shows almost twice the incidence of consumption. Totally the industrial sector of Ukraine has revised more than 18 billion cubic meters. meters of gas in 2009 “Naftogaz” expects that in 2010 he realizes the industry more than 21 billion cubic meters. meters of gas, which experts call a few inflated projections.
a monopolist hush its position on the preferences of industry, but company representatives have already appealed to the Prime Minister with a letter, which was asked to descend to the financial problems of the enterprise. It is not known, as head of government will respond to the appeal of Naftogaz, but industry representatives assert that the ruling cheaply gas still is not signed by Prime Minister Yulia Tymoshenko.
should say that from the full range of benefits promised by MMC and khimprom at the time of the crisis, has not been entered yet only one - the restriction of port charges. More substantial support for export-oriented industries in comparison with the abolition of the allowance would be a target removal of VAT on gas consumption. But this preference industrialists will have to defend in the Verkhovna Rada, where the registration bill. He lobbied for the adoption of the Industrial Policy Ministry.
In addition, the greatest difficulties, and metallurgists, and chemists will face in the second and third quarters, when the markets will decline. If at that time, Ukraine and Russia will not revise the price of imported gas in the direction of its cheaper or not to extend the existing price of gas, fertilizer producers will be forced to stop production and find new investors. Steelmakers already started selling the most liquid assets. The very same budget of Ukraine and the annual estimates of Naftogaz does not allow to speak about the extension of existing benefits in the future.
“The state has been unable to subsidize these industries in the long term. In this case, there were three options - to seek a strategic investor for companies of chemical industry, used in the production of liquefied gas or revise the import gas price for Ukraine. The latter is unlikely, and - soon — lies in the political than the economic plane “, - the analyst IK” TASK “Vadim Yemets.
In 2009, TMK has reduced shipments of pipe production by 13% to 2.792 million tons
Gradual awakening
Overview of the oil market for 18.01.10
Hugo Chavez nationalize supermarkets
Fitch: Economic recovery a positive impact on structured finance in Europe
BP refused to include in the agenda a bill on amending the law on presidential elections
Coefficient of the disease
2009 budget was expected unfulfilled. Nevertheless, in 2010, the fiscal pressures on the economy will continue to rise …
In the stock market positive tendencies
Last week was the first full trading week …
Oil continues to decline, dragging down the share prices of companies of Russia TEK