BR100 Decreased By (-0.04%)
BR30 Decreased By (-0.01%)
KSE100 Decreased By (-0.07%)
KSE30 Decreased By (-0.15%)
AGHA 7.81 No Change ▼ 0.00 (0%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.50 No Change ▼ 0.00 (0%)
BOP 33.95 Decreased By ▼ -0.08 (-0.24%)
CNERGY 10.02 Increased By ▲ 0.06 (0.6%)
CSIL 5.40 Increased By ▲ 0.09 (1.69%)
FCCL 54.60 Decreased By ▼ -0.10 (-0.18%)
FFL 16.60 Decreased By ▼ -0.09 (-0.54%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.40 No Change ▼ 0.00 (0%)
KOSM 5.75 Decreased By ▼ -0.02 (-0.35%)
LOTCHEM 29.20 Decreased By ▼ -0.12 (-0.41%)
MLCF 93.48 Decreased By ▼ -0.88 (-0.93%)
NBP 202.70 Decreased By ▼ -0.35 (-0.17%)
NCPL 56.99 Decreased By ▼ -0.01 (-0.02%)
NPL 67.79 Increased By ▲ 0.09 (0.13%)
OGDC 316.50 Increased By ▲ 0.66 (0.21%)
PACE 10.68 Increased By ▲ 0.04 (0.38%)
PAEL 43.36 Increased By ▲ 0.16 (0.37%)
PIBTL 16.75 Increased By ▲ 0.01 (0.06%)
PPL 219.00 Decreased By ▼ -0.78 (-0.35%)
PRL 50.00 Increased By ▲ 0.81 (1.65%)
PTC 71.02 Increased By ▲ 0.49 (0.69%)
SSGC 28.10 Decreased By ▼ -0.15 (-0.53%)
TBL 9.80 Decreased By ▼ -0.06 (-0.61%)
TELE 8.75 Decreased By ▼ -0.04 (-0.46%)
TPL 18.20 Decreased By ▼ -0.04 (-0.22%)
TPLP 13.55 Increased By ▲ 0.28 (2.11%)
TREET 22.73 Increased By ▲ 0.01 (0.04%)
TRG 60.50 Increased By ▲ 0.36 (0.6%)
By

KYIV: Ukraine has started exporting electricity to the European Union, via Romania, President Volodymyr Zelensky said, as Russia reduces gas supplies to the bloc which is supporting Kyiv in resisting Moscow’s invasion.

Several European countries, including Italy and Germany, are highly reliant upon Russian gas for their energy needs but have been forced to look for alternatives as Moscow slashes deliveries.

Speaking Thursday, Zelensky said Ukraine had “launched a significant export of electricity to the territory of the EU, via Romania.

“This is only the first stage. We are preparing to increase supply.”

He said that “a significant part of the Russian gas consumed by Europeans can be replaced.

“It is not just a question of export revenue for us, it is a question of security for the whole of Europe.”

The Ukrainian electricity grid was connected to the European network in mid-March, helping to keep supplies flowing despite the war.

Missile strike hits crowded mall in east Ukraine: Zelensky

European Commission chief Ursula von der Leyen tweeted that the Ukrainian exports “will provide an additional source of electricity for the EU. And much-needed revenues to Ukraine.

“So we both benefit,” she said.

The EU has strongly backed Ukraine following Russia’s February invasion, slapping Moscow with a barrage of sanctions and granting Kyiv “candidate status”, a first step towards membership of the bloc.

Comments

Comments are closed for this article.

samir sardana Jul 01, 2022 11:13am
UKR is exporting Power to EU - This is an example for Pakistan - on what tenacity brings ! UKR has 35 Billion Tons of Coal and MOST OF ITS COAL POWER PLANTS,ARE IN THE EAST AND THUS UNDER RUSSIAN OCCUPATION AND CONTROL GAS IS CUT OFF BY RUSSIA But UKR can - with Coal IPPs feed the EU,with Coal Based Power,via the EU Grid - at rates,far below the Oil and Gas based IPPs ,in EU,and even,the Solar and Wind Costs For EU , UKR serves as a quarantine state,wherein Coal and Nuclear,can take care of the Power requirements,,of EU - in terms of Energy Security risk The French can sell their EPR Nuke Power tech to UKR to boost the Nuke capacity of UKR AT LEAST TO THE EXTENT OF ELECTRICITY - EU CAN BE INSULATED, FROM THE US AND QATARI GAS MARKET. IF UKR CAN DO THIS IN A WAR SITUATION WITH COAL MINES AND COAL IPPs IN RUSSIAN CONTROL - PAKISTAN IS IN COMFORTABLE ZONE.dindooohindoo
0