We are bringing to your attention the latest news of oil and gas market. Verkhovna Rada has adopted a long expected law On gas market that is aimed to open a new era in the Ukrainian gas market. One of the noticeable events of the last week was Ukrainian Energy Forum that has gathered dozens of energy companies. It will not be an exaggeration to say that the mood of the participants of the conference reflects an overall situation in the oil and gas industry of Ukraine.
CONTENTS
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Naftogaz will get compensation for cost of gas supplies to Donbass from the state budget
NEURC increased gas tariff for Ukrgazvydobuvannya up to 1,590 UAH per 1 thousand cubic meters
Sergey Kostyuk: rent increase up to 70% puts Ukrgazdobycha on the point of survival
Naftogaz saved 100 million USD per month because of gas reverse from Europe
INTERNATIONAL COMPANIES IN UKRAINE
КKolomoiskiy in no way affects decision-making in JKX - Peter Dixon
JKX resumes operation of all wells in Ukraine
State created tax traps for privateers - Director General of KUB-Gaz
Neftegazdobycha considers it possible to replace 25% of imported gas within 5 years - Igor Shchurov
Karpatygaz may halve production in 2015 - Arthur Somov (PHOTO)
Naftogazvydobuvannya placed bonds worth 1 billion UAH
BurismaHoldings may reduce investment because of tax burden in 2015
Nadra of Ukraine and Slovak NAFTA signed memorandum on cooperation
INTERNATIONAL COMPANIES
Gazprom reduced exports by 25% in February
Gazprom supplied about 100 MMCM of gas to Donbass - Novak
LUKOIL recognized an impairment loss of assets in Ukraine at 85 million USD, and impairment loss of goodwill - at 19 million USD in 2014
INFRASTRUCTURE
Naftogaz filed an application to Gazprom to supply 110 MMCM of gas from February 27 to 28, 50 MMCM – from March 1 to 5
Ukraine will fail to reduce gas imports from Russia to zero – expert
Gas transportation tariff was increased 2.1 times
Outlook of gas consumption in Ukraine for 2015 was decreased to 40 BCM
POLITICS AND WORLD
Verkhovna Rada adopted law on gas market in Ukraine
Germany is going to lift the ban for shale gas production by hydraulic fracturing
Pashinskiy is lobbying candidacy of Boychuk in Ukrgazdobycha
Rent for gas production was increased from 20% to 70% for public companies
New gas agreement between Kiev and Moscow will be in effect until the judgment of Stockholm arbitration – the EC
The Cabinet of Ministers expects to raise gas price for Ukrgazvydobuvannya up to $150 per 1 thousand cubic meters by April 2017
UKRAINIAN COMPANIES
Naftogaz will get compensation for cost of gas supplies to Donbass from the state budget
NEURC increased gas tariff for Ukrgazvydobuvannya up to 1,590 UAH per 1 thousand cubic meters
Sergey Kostyuk: rent increase up to 70% puts Ukrgazdobycha on the point of survival
Naftogaz saved 100 million USD per month because of gas reverse from Europe
INTERNATIONAL COMPANIES IN UKRAINE
КKolomoiskiy in no way affects decision-making in JKX - Peter Dixon
JKX resumes operation of all wells in Ukraine
State created tax traps for privateers - Director General of KUB-Gaz
Neftegazdobycha considers it possible to replace 25% of imported gas within 5 years - Igor Shchurov
Karpatygaz may halve production in 2015 - Arthur Somov (PHOTO)
Naftogazvydobuvannya placed bonds worth 1 billion UAH
BurismaHoldings may reduce investment because of tax burden in 2015
Nadra of Ukraine and Slovak NAFTA signed memorandum on cooperation
INTERNATIONAL COMPANIES
Gazprom reduced exports by 25% in February
Gazprom supplied about 100 MMCM of gas to Donbass - Novak
LUKOIL recognized an impairment loss of assets in Ukraine at 85 million USD, and impairment loss of goodwill - at 19 million USD in 2014
INFRASTRUCTURE
Naftogaz filed an application to Gazprom to supply 110 MMCM of gas from February 27 to 28, 50 MMCM – from March 1 to 5
Ukraine will fail to reduce gas imports from Russia to zero – expert
Gas transportation tariff was increased 2.1 times
Outlook of gas consumption in Ukraine for 2015 was decreased to 40 BCM
POLITICS AND WORLD
Verkhovna Rada adopted law on gas market in Ukraine
Germany is going to lift the ban for shale gas production by hydraulic fracturing
Pashinskiy is lobbying candidacy of Boychuk in Ukrgazdobycha
Rent for gas production was increased from 20% to 70% for public companies
New gas agreement between Kiev and Moscow will be in effect until the judgment of Stockholm arbitration – the EC
The Cabinet of Ministers expects to raise gas price for Ukrgazvydobuvannya up to $150 per 1 thousand cubic meters by April 2017