The main event in oil and gas industry last week was voting in Verkhovna Rada for the draft law on decreasing royalty payments for gas producers. For now the draft law was took as a basis and there is a hope that it will be improved and supported by the deputies in the nearest future. This is a good signal for market players, after a year of persistent demands the government and parliament agreed to low tax burden. If they manage to accomplish it, this will be the first serious step towards Ukrainian oil and gas industry.
CONTENTS
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Gas production in Ukraine decreased by 0.9% for 8 months 2015
Ukrgazdobycha arranged reduction of interest rates for several credit lines
Kolomoisky forced Ukrnafta to operate on his terms
Gosgeonedra: Angro Invest intends to get hold 8 oil and gas sites in Poltava region bypassing the auction
Why tariff escalation will not save Naftogaz
Nadra of Ukraine returned the share in Sakhalinskoe gas field
INTERNATIONAL COMPANIES
Swedish Misen Energy notified Ukraine about its intention to file a claim to international arbitration because of discriminatory royalty payments for gas production
The Ministry of Justice is preparing a claim against the Russian Federation regarding
Chornomornaftogaz’s assets – Demchishin
Shell’s head announced capital investment reduction by 20%
Ukraine failed to make an advance payment for gas supplies from Russia, - Gazprom’s head
INFRASTRUCTURE
The Cabinet of Ministers abolished Gosgorpromnadzor and delegated its powers to Gostrud
Gas transit fell by 3.7% for the first 9 months 2015 and rose by 54.3% in September
Rada declared off transferring gas distribution networks to Ukrtransgaz
Gosgeonedra argues against non-transparent schemes to transfer wells owned by Golden Derrick
Ukraine reduced gas consumption by 20.3% for 9 months 2015
POLITICS AND WORLD
Rada assumed as a basis the bill on lower gas production royalty
Yatsenyuk was severe upon the bill on lower gas production royalty passed in a first reading
Lower gas production royalty: deputies’ bets are winning so far
UKRAINIAN COMPANIES
Gas production in Ukraine decreased by 0.9% for 8 months 2015
Ukrgazdobycha arranged reduction of interest rates for several credit lines
Kolomoisky forced Ukrnafta to operate on his terms
Gosgeonedra: Angro Invest intends to get hold 8 oil and gas sites in Poltava region bypassing the auction
Why tariff escalation will not save Naftogaz
Nadra of Ukraine returned the share in Sakhalinskoe gas field
INTERNATIONAL COMPANIES
Swedish Misen Energy notified Ukraine about its intention to file a claim to international arbitration because of discriminatory royalty payments for gas production
The Ministry of Justice is preparing a claim against the Russian Federation regarding
Chornomornaftogaz’s assets – Demchishin
Shell’s head announced capital investment reduction by 20%
Ukraine failed to make an advance payment for gas supplies from Russia, - Gazprom’s head
INFRASTRUCTURE
The Cabinet of Ministers abolished Gosgorpromnadzor and delegated its powers to Gostrud
Gas transit fell by 3.7% for the first 9 months 2015 and rose by 54.3% in September
Rada declared off transferring gas distribution networks to Ukrtransgaz
Gosgeonedra argues against non-transparent schemes to transfer wells owned by Golden Derrick
Ukraine reduced gas consumption by 20.3% for 9 months 2015
POLITICS AND WORLD
Rada assumed as a basis the bill on lower gas production royalty
Yatsenyuk was severe upon the bill on lower gas production royalty passed in a first reading
Lower gas production royalty: deputies’ bets are winning so far
