Breaking news in today’s issue of the digest is devoted to the events involving Naftogaz of Ukraine. The largest public company of the country is still suffering huge losses - Naftogaz suffered around 22 billion UAH of losses in the first quarter. Despite some improvement - losses decreased by 5 billion UAH compared to the first quarter of last year - the situation in the financial field of the company remains critical. Debts of the monopoly to enterprises continue to grow and now reach 22 billion UAH, and Russia’s Gazprom threatens with a lawsuit to the amount of 24 billion USD.
CONTENTS
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Naftogaz of Ukraine counted up revenues and losses for the first quarter
Debts of the enterprises to Naftogaz rose up to 21.7 billion UAH
VR allowed Naftogaz to sell gas debts and introduced payment for heat power through special accounts
Ukrnafta increased net profit by 6.6 times in 2014
Gas production in Ukraine increased by 0.6% for 4 months 2015
Naftogaz will purchase exploration services in the amount of 73 million UAH
INTERNATIONAL COMPANIES
SerinusEnergy completed the first quarter 2015 with a net loss of 4.1 million USD
Gazprom expects to increase gas production by 9% in 2015
Gazprom makes attempts to sue 24 billion dollars from Naftogaz
Shell’s production fell by 2% in the first quarter
Gazprom wants the company Saipem to continue the construction of a “stream”
Canadian PacificRubialesEnergyCorp is bought for 5 billion USD
Surgutneftegaz may buy 19.5% of Rosneft
INFRASTRUCTURE
Coal production in Ukraine fell 2.2 times for 4 months 2015
Ukraine accumulated nearly 9 BCM of gas in UGS
POLITICS AND WORLD
The Cabinet of Ministers singled the uncontrolled area of ATO out of the common energy market
The number of world’s operating oil and gas drilling rigs fell in April to the lowest level since September 2009
Ukraine needs reasonable natural gas tariffs – expert
Switzerland will grant Ukraine 100 million USD for energy efficiency projects
The government is preparing a new controller
