The last week was rich in oil and gas industry news. Starting form the 1st of October the law On natural gas market comes into force, but it turned out that the market and legal field are not completely ready to operate under new conditions. Right now the Ministry of energy, NJSC Naftogaz of Ukraine and some deputies together with other officials are trying to improve the situation in the shortest term. Newfolk takes an active part in the process. For example, last week Newfolk together with the editor’s office of Zerkalo Tuzhnya hold a round table Will Ukraine have its own gas: production, taxes, investments.
CONTENTS
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
What such reforms may come
Ukrnafta’s new head will come at a high cost to the public company
What happens to Ukrgazdobycha?
The situation around Neftegazdobycha may lead to more expensive gas –an expert
Ukrgazvydobuvannya does not exclude gas production fall to 12.4 BCM in 2016
Ukrgazdobycha opened a new gas field
INTERNATIONAL COMPANIES
Gazprom announced two large gas contracts with Europe
Gazprom will sell gas at the EU auction for the first time
Switzerland opened a criminal case against Kurchenko
Belorusneft started applying radial drilling technology
INFRASTRUCTURE
Naftogaz announced a competition for the position of director general of Ukrtransnafta
Gosgeonedra will withdraw “passive licenses” through court
Gosgeonedra developed a program “to restart” the industry
Ukraine imported petroleum products totaling 2.5 billion USD for 8 months of 2015
POLITICS AND WORLD
Where will gas come from
Gas companies require lower royalty, transparent conditions and adequate laws
Russia increased oil exports by 8.7%, gas exports remained unchanged for 7 months of 2015
Indonesia will officially return to OPEC in December
UKRAINIAN COMPANIES
What such reforms may come
Ukrnafta’s new head will come at a high cost to the public company
What happens to Ukrgazdobycha?
The situation around Neftegazdobycha may lead to more expensive gas –an expert
Ukrgazvydobuvannya does not exclude gas production fall to 12.4 BCM in 2016
Ukrgazdobycha opened a new gas field
INTERNATIONAL COMPANIES
Gazprom announced two large gas contracts with Europe
Gazprom will sell gas at the EU auction for the first time
Switzerland opened a criminal case against Kurchenko
Belorusneft started applying radial drilling technology
INFRASTRUCTURE
Naftogaz announced a competition for the position of director general of Ukrtransnafta
Gosgeonedra will withdraw “passive licenses” through court
Gosgeonedra developed a program “to restart” the industry
Ukraine imported petroleum products totaling 2.5 billion USD for 8 months of 2015
POLITICS AND WORLD
Where will gas come from
Gas companies require lower royalty, transparent conditions and adequate laws
Russia increased oil exports by 8.7%, gas exports remained unchanged for 7 months of 2015
Indonesia will officially return to OPEC in December