Between August 14-17, 2018, stock trading on biofuels took place at the Agrarian Stock Exchange. Interview from Alexander Mariuchnich - director of the Agrarian Stock Exchange, about first test electronic biofuel trading (in Ukrainian) You can view here.
Chairman of the Board of the Bioenergy Association of Ukraine – Georgii Geletukha for Weekly news digest "Energo Dzherela":
"The Bioenergy Association of Ukraine welcomes the opening of a new exchange section – Biomass – within the framework of the Agrarian Stock Exchange. We see in it the market mechanism by which the real cost of biofuels will be established, the issues of guaranteeing the supply of biofuels by counteragents of the stock exchange will be resolved; in the future, a biofuel classifier and a system for ensuring and checking its quality will be launched. It also provides a civilized mechanism for resolving possible disputes. Members of the Association took an active part in the test bids and are signatories of the first contracts.
In addition, it is important to mention that the Association, in conjunction with the State Agency on Energy Efficiency and Energy Saving of Ukraine (SAEE) and with the support of the USAID Municipal Energy Reform project, prepared a bill on the creation of an electronic trading system for biofuels in Ukraine. We hope to see it registered on the website of the Verkhovna Rada already in September 2018. We believe that the beginning of trades on the Agrarian Stock Exchange and the bill on the electronic trading system of biofuels are the links of one chain leading to a civilized and transparent trade in biofuels in Ukraine.