We are bringing to your attention the first issue of the digest in this year. On the last day of 2015 the President Petro Poroshenko signed the State Budget for 2016, which includes the decrease of royalty rate for gas production. Starting from the 1st of January the royalty for gas production will be reduced from 55-28% to 29-14% depending on the depth of production (above and below 5 km). This is the main positive news in the industry for the entire last year and is the good start for a new year.
CONTENTS
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Consumers’ debt to Naftogaz fell by almost 10% over the week
The trial regarding the Crimea will cost Naftogaz 1.25 million USD
Naftogaz filed a formal complaint to the European Commission against the Nord Stream-2
Court released bank accounts of Neftegazdobycha
Naftogaz resumed gas purchases at the expense of the EBRD loan
Naftogaz will purchase 1.7 BCM of gas from five European companies
Ukrnafta’s debt grew up to 10.4 billion UAH
Viktor Khrulenko will be responsible for processing in Ukrgazdobycha
INTERNATIONAL COMPANIES
Serinus sells its share in KUB-GAS
JKX Oil&Gas will continue suing with Ukraine because of tax overpayment
JKX will hold a shareholders’ meeting regarding change of management
Belorusneft continues developing alternative energy
Rosneft sells network of petrol stations in Ukraine
Gazprom fell to a record low of gas production in 2015 - 418.47 BCM
Regal Petroleum reduced the average daily hydrocarbon production in Ukraine by 7% in 2015
INFRASTRUCTURE
Ukraine doubled gas imports from the EU in 2015
Ukraine entered 2016 having 2.35 BCM more gas reserves than in 2015
Ukraine increased oil transit to Europe by 0.8% for 11 months of 2015
Gas transit grew by 7.9% for 12 months of 2015
Deloitte started the audit of the financial statements of Ukrtransnafta
Ukrtransgaz prematurely restored gas supply in Lviv region
Gosgeonedra will suspend Ukrnafta’s licenses on behalf of Yatsenyuk (DOCUMENT)
Ukraine reduced gas consumption by almost 21% last year - Minenergo
POLITICS AND WORLD
Rada reduced gas royalty for the population to 50% for the winter season
Pechersk Court seized drilling rigs of Chornomornaftogaz
The number of world’s oil and gas drilling rigs fell by almost 35% in 2015
Oil production in Russia grew by 1.4%, gas production – fell by 1% in 2015
Russia increased oil exports by 10.6% in 2015
UKRAINIAN COMPANIES
Consumers’ debt to Naftogaz fell by almost 10% over the week
The trial regarding the Crimea will cost Naftogaz 1.25 million USD
Naftogaz filed a formal complaint to the European Commission against the Nord Stream-2
Court released bank accounts of Neftegazdobycha
Naftogaz resumed gas purchases at the expense of the EBRD loan
Naftogaz will purchase 1.7 BCM of gas from five European companies
Ukrnafta’s debt grew up to 10.4 billion UAH
Viktor Khrulenko will be responsible for processing in Ukrgazdobycha
INTERNATIONAL COMPANIES
Serinus sells its share in KUB-GAS
JKX Oil&Gas will continue suing with Ukraine because of tax overpayment
JKX will hold a shareholders’ meeting regarding change of management
Belorusneft continues developing alternative energy
Rosneft sells network of petrol stations in Ukraine
Gazprom fell to a record low of gas production in 2015 - 418.47 BCM
Regal Petroleum reduced the average daily hydrocarbon production in Ukraine by 7% in 2015
INFRASTRUCTURE
Ukraine doubled gas imports from the EU in 2015
Ukraine entered 2016 having 2.35 BCM more gas reserves than in 2015
Ukraine increased oil transit to Europe by 0.8% for 11 months of 2015
Gas transit grew by 7.9% for 12 months of 2015
Deloitte started the audit of the financial statements of Ukrtransnafta
Ukrtransgaz prematurely restored gas supply in Lviv region
Gosgeonedra will suspend Ukrnafta’s licenses on behalf of Yatsenyuk (DOCUMENT)
Ukraine reduced gas consumption by almost 21% last year - Minenergo
POLITICS AND WORLD
Rada reduced gas royalty for the population to 50% for the winter season
Pechersk Court seized drilling rigs of Chornomornaftogaz
The number of world’s oil and gas drilling rigs fell by almost 35% in 2015
Oil production in Russia grew by 1.4%, gas production – fell by 1% in 2015
Russia increased oil exports by 10.6% in 2015
