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WEEKLY NEWS DIGEST 01-07.01.2016

 
We are bringing to your attention the latest news of oil and gas sector of Ukraine. The last week the deal on buying 70% of KUB-Gas LLC by BurismaHoldings was officially announced. This is the largest M&A deal in oil and gas sector for last several years. Another important news was the announcement by the CEO of Ukrgasvydobuvannya the liquidation of all joint activities. Such actions of Ukrgasvydobuvannya will have serious impact on the entire industry.
 
CONTENTS
 
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Naftogaz caught a positive cash flow
UkrGasVydobuvannya expects to spend 10.7 billion UAH on capital expenditure in 2016
Ukrnafta is in shock owing to Gosgeonedr’s decision
Ukrnafta: Cox left for family reasons, and Greynert did not even get to work
Burisma buys 70% stake of KUB-Gas worth 30 million USD
Ukrnafta was accrued a penalty of 1.5 billion UAH for dividend payment failure
UkrGasVydobuvannya requests the court to terminate almost all joint activity agreements
Ukrnafta Supervisory Board selected three new Board members
Martynenko factor. Why does Ukrgasdobycha cut off partners?
INFRASTRUCTURE
Naftogaz is going to visit Moscow to discuss gas transit tariffs
POLITICS AND WORLD
Zlochevskiy’s structure came into possession of Kulczyk’s oil and gas assets
Russia considers the possibility to privatize Rosneft and Transneft
Russia set up a new record of oil production since the USSR