Ukraine resumes electric power exports to Russia

10:37, 01 November 2006
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The contract came into force on Nov 1

Ukraine has resumed exports of electric power to Russia, an official of the state-run company Ukrenergo told Itar-Tass on Wednesday.

      The contracts on transit of Russian electric power via Ukraine to Moldova and from a thermal power plant in the Dniester region to Russia also came into force on November 1.

 

      The plant in the Dniester region is owned by Inter RAO UES – a subsidiary of the energy holding Unified Energy System of Russia. 

      Ukraine will be able to export electric power after the reserve units of thermal power plants are connected to the grid. Earlier, both Russia and Ukraine transited electric power to Moldova in equal shares. But now these shares have been redistributed in favor of Ukraine.

      Under the contracts, Ukraine will also supply electric power to Belarus and countries of Central and Eastern Europe. The energy price in heating season will be calculated on the basis of a wholesale price on the Ukrainian market.

      In April-October, electric power will be sold at a price equal to that of nuclear power plant’s tariffs.

      Ukraine exported electric power to Russia from January 1 to June 30, 2005, and suspended supplies due to low price.

      The transit of Russian electric power to Moldova has been suspended since May 1, 2006, after the contract between Ukrinterenergo and Inter RAO UES expired.

      On October 25, they signed new contracts that will expire on November 1, 2007, and may be prolonged.

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