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WEEKLY NEWS DIGEST 03-09.08.2015

 
In today’s issue of oil and gas news we paid attention to the relations between NJSC Naftogaz of Ukraine and Ukrnafta as well as the state company Ukrtransnafta and Ukrtatnafta (Kremenchuk oil refinery). In both cases there is a conflict of state interest, namely Yatsenyuk’s government, and Privat group. Despite of the change of leadership in Ukrnafta and Ukrtransnafta, it is too early to talk about stabilization in their operations.
 
CONTENTS
 
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Court levied over 1 billion UAH against Ukrnafta in favor of the tax office
The government provided Naftogaz with state guarantees to get EBRD
loan in the amount of 300 million USD
Naftogaz does not exclude privatization of state share in Ukrnafta
Naftogaz owes Oshchadbank 20 billion UAH
Ukrgazdobycha joined electronic procurement system ProZorro - Abromavicius
Chernomorneftegaz will be subject to inspection upon gas condensate embezzlement
Naftogaz of Ukraine will buy currency through interbank currency exchange, rather than from NBU
INTERNATIONAL COMPANIES
EC suspended consideration of a deal between Halliburton and BakerHughes
CubEnergy reduced the average daily production by 14% in the second quarter
ExxonMobil closes the representative office for hydrocarbon production in Ukraine
INFRASTRUCTURE
Gas from Europe cost Ukraine $278.7 per 1 thousand cubic meters in May
New game rules in Ukraine’s “green” energy market
The Cabinet of Ministers approved financial plan of Ukrtransgaz for 2015 with a net profit of 5.7 billion UAH
Ukrtransnafta revealed defects of the pipeline padded in Kremenchug direction
Gas transit decreased by 14.8% for 7 months of 2015, in June – increased by 31.6%
POLITICS AND WORLD
Russia lost 35 % of revenues from gas exports
Will Chernomorneftegaz case become Ukrainian YUKOS
Gas production in Russia decreased by 4.9% for the last 7 months of 2015
Russia will have to pump gas through Ukraine after 2019 – HIS
Expert: the procedure of putting oil and gas sites up for bidding requires revision
Sale of licenses for subsoil use was transparent for the first time – an expert