The main news in this issue is dedicated to the state company Ukrgazdobycha that announced its results for the last year as well as the plans for 2015. Another top news is the conflict around the largest private company Neftegazdobycha that has been on for the second week already and seems to be far from resolving.
CONTENTS
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Pechersk District Court paralyzed Neftegazdobycha’s operation once again (the document)
Naftogaz is interested in the possibility of the Romanian reverse
Egyptian project of Naftogaz experiences financial difficulties
Nadra of Ukraine reduced net profit to 19 thousand UAH in the first quarter 2015
Ukrgazdobycha expects to increase net income 2.5 times
Ukrgazdobycha increased its profit 158 times for the second half of 2014
INTERNATIONAL COMPANIES
Libya closed the field Gazpromneft intended to enter
Gazprom is threatened a fine of up to 10% of the annual turnover - media
Gazprom reduced profit 7 times and increased debts by 48% in 2014
Azerbaijan can produce oil and gas from shale
INFRASTRUCTURE
Ukrtransgaz increased net profit 3.5 times in the first quarter
Naftogaz reduced the share of imports from Russia to 25% in April
POLITICS AND WORLD
If oil price goes up to $65 per barrel, oil production in the US will grow by 500 thousand b/d – analysts
Poroshenko signed a law on the settlement of energy relations in the area of ATO
USA and Iran are preparing a new blow to oil prices
Even full natural gas payment will not make Naftogaz break-even
Large property redistribution is being prepared in a private gas production – Neftegazdobycha’s CEO
