Performance results of the industry got unexpected in September, gas production in Ukraine suddenly grew by 1%. This has come about with a help of two private producing companies -Neftegazdobycha and Burisma Holdings - that greatly increased gas production by 87% and 45%, respectively. For the rest, the situation in the industry remains dire, and the problems accumulated over recent years are not resolved. Oil and condensate production continued to fall by 11% in September. Still there were some encouraging news, in early October Verkhovna Rada voted in the first reading a bill on decreasing gas production royalty from the current 55% and 29% down to 29% and 15%, depending on the depth of production up to 5,000 m and below. If the deputies pass the bill, producers will have a chance to make up for all opportunities they missed over the last year.
CONTENTS
OIL AND GAS OVERVIEW FOR SEPTEMBER 2015
PUBLIC COMPANIES
PRIVATE COMPANIES
PSA AND JA
PUBLIC COMPANIES
PRIVATE COMPANIES
PSA AND JA
