The main news of the last week was the sharpening of the combat between Ukrnafta and State Geological and Subsoil Service of Ukraine. As an answer to the seizure of licenses, gas distribution company controlled by Privat group, private shareholder of Ukrnafta, stopped gas supply in Dnepropetrovsk region. The fight between state authorities and Ukrnafta continues. Another important issue of the last week is the problem of financing the strategic gas stock reserves.
CONTENTS
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Ukrnafta intends to increase investments up to 1.3 billion UAH in 2016, though production continues falling
Teklyuk and Bilyaga became members of the Supervisory Board of Ukrgasdobycha PJSC
Ukrnafta’s budget for 2016 provides for Brent price at $33 /bbl
Naftogaz sold 20.5 BCM of gas last year
Ukrgasdobycha received 4.5 billion of profit less since June 2015 - Kostyuk
Naftogaz proposes to amend the procedure to form strategic gas stock
Ukrnafta reduced oil production by 10.5%, condensate production - by 25.3% in 2015
Ukrnafta stopped production and halted gas supplies to Dnepropetrovsk region due to arrest of wells
Ukrnafta appeals against Gosgeonedr decision
INTERNATIONAL COMPANIES
Total commissioned Scotland’s largest offshore gas field
Tengizchevroil increased oil production up to 27.2 million tons in 2015
INFRASTRUCTURE
Investments in renewable energy
Ukraine’s population paid 13.3 billion UAH for electricity consumed in 2015 - Gosstat
Oil transit to Europe grew by 0.9% in 2015
POLITICS AND WORLD
The number of oil wells in the United States fell to the lowest mark in six years
UKRAINIAN COMPANIES
Ukrnafta intends to increase investments up to 1.3 billion UAH in 2016, though production continues falling
Teklyuk and Bilyaga became members of the Supervisory Board of Ukrgasdobycha PJSC
Ukrnafta’s budget for 2016 provides for Brent price at $33 /bbl
Naftogaz sold 20.5 BCM of gas last year
Ukrgasdobycha received 4.5 billion of profit less since June 2015 - Kostyuk
Naftogaz proposes to amend the procedure to form strategic gas stock
Ukrnafta reduced oil production by 10.5%, condensate production - by 25.3% in 2015
Ukrnafta stopped production and halted gas supplies to Dnepropetrovsk region due to arrest of wells
Ukrnafta appeals against Gosgeonedr decision
INTERNATIONAL COMPANIES
Total commissioned Scotland’s largest offshore gas field
Tengizchevroil increased oil production up to 27.2 million tons in 2015
INFRASTRUCTURE
Investments in renewable energy
Ukraine’s population paid 13.3 billion UAH for electricity consumed in 2015 - Gosstat
Oil transit to Europe grew by 0.9% in 2015
POLITICS AND WORLD
The number of oil wells in the United States fell to the lowest mark in six years
