The last week the results of operations of production companies in October were published. Despite all expectations, gas production in Ukraine increased by some significant 1.5%. The production growth was generated by 2 private companies solely Neftegazdobycha and Burisma Holdings, while the majority of other companies decrease their production. Another important issue in oil and gas market is its transformation and gas supply during winter period. It became known that international company Trail Stone enters Ukrainian market, which may change the market situation significantly.
CONTENTS
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Court acquitted the ex-leaders of Ukrgazdobycha Kostyuk and Shlenchak
Ukrnafta Supervisory Board was postponed for November 26
The head of Ukrnafta took the first step towards changing the company’s management
Naftogaz announced a tender for PR agencies
Ukrgazvydobuvannya expects to start buying equipment under China’s loan in early 2017
Ukrgazdobycha complains of low gas price
Ukrgazvydobuvannya involved Deloitte to reform procurement system
WB will help Naftogaz to determine the model of gas transmission business division
DTEK reduced coal production and electricity supply, but increased gas production for the first 9 months of 2015
INTERNATIONAL COMPANIES
Zarubezhneft spent 100 million EUR to drill unsuccessful well
Oil and gas will be subject of searches in the Bulgarian waters of the Black Sea in 2016
Gazpromneft moved Dolginskoe field development 12 years back
Shell continues operating in Ukraine within unconventional gas production project
INFRASTRUCTURE
Georgia announced a tender for the construction of the country’s first wind power plant worth 35 million USD
Ukraine reduced electricity consumption by 11.1% for 10 months of 2015
Ukrtransgaz drew from Alpha Bank 200 million UAH, from Ukrgasbank - 100 million UAH
POLITICS AND WORLD
A new player enters Ukraine’s gas market
The Ministry of Justice registered NEURC resolutions required to implement the law on gas market
The United States prepares gas blitzkrieg to Europe
Ukrnafta, Energorynok and Ukrenergo will be guarded by the police – the Cabinet of Ministers
The Ministry of Justice involved the British law firm to the case against the minority shareholders of Ukrnafta
Ukraine should establish royalty rates on methodology basis
UKRAINIAN COMPANIES
Court acquitted the ex-leaders of Ukrgazdobycha Kostyuk and Shlenchak
Ukrnafta Supervisory Board was postponed for November 26
The head of Ukrnafta took the first step towards changing the company’s management
Naftogaz announced a tender for PR agencies
Ukrgazvydobuvannya expects to start buying equipment under China’s loan in early 2017
Ukrgazdobycha complains of low gas price
Ukrgazvydobuvannya involved Deloitte to reform procurement system
WB will help Naftogaz to determine the model of gas transmission business division
DTEK reduced coal production and electricity supply, but increased gas production for the first 9 months of 2015
INTERNATIONAL COMPANIES
Zarubezhneft spent 100 million EUR to drill unsuccessful well
Oil and gas will be subject of searches in the Bulgarian waters of the Black Sea in 2016
Gazpromneft moved Dolginskoe field development 12 years back
Shell continues operating in Ukraine within unconventional gas production project
INFRASTRUCTURE
Georgia announced a tender for the construction of the country’s first wind power plant worth 35 million USD
Ukraine reduced electricity consumption by 11.1% for 10 months of 2015
Ukrtransgaz drew from Alpha Bank 200 million UAH, from Ukrgasbank - 100 million UAH
POLITICS AND WORLD
A new player enters Ukraine’s gas market
The Ministry of Justice registered NEURC resolutions required to implement the law on gas market
The United States prepares gas blitzkrieg to Europe
Ukrnafta, Energorynok and Ukrenergo will be guarded by the police – the Cabinet of Ministers
The Ministry of Justice involved the British law firm to the case against the minority shareholders of Ukrnafta
Ukraine should establish royalty rates on methodology basis
