We are bringing to your attention the latest news of oil and gas industry, the main of which is the Drat Law On increase of reserve stocks of gas. The new initiative raised concerns of market players and is deemed as just one more attempt to expropriate gas. Among other news is the dire state of preparations for the heating season. As of the beginning of September there is only 14.5 BCM of gas in UGS and the rate of pumping in remains low. There are all prerequisites for Ukraine to be not ready for the winter.
CONTENTS
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Neftegazdobycha increased natural gas production by 60%
Gas production decreased by 3.6% for 7 months of 2015
Naftogaz remains the only gas importer to Ukraine because of no other those who wish – Vitrenko
Nadra of Ukrain no longer owns oil and gas wells – Voshchevsky
Gas production decline pace in Ukraine may be 2 times higher – experts
INTERNATIONAL COMPANIES
Italian Eni discovered the largest gas field in the Mediterranean Sea
PetroChina’s net profit decreased 2.7 times in the first half of 2015
Rosneft wrote plan to divide Gazprom
The European Commission permitted Shell to buy British BG for 70 billion USD
Rosneft will probably face serious problems with western equipment because of US sanctions
China’s Sinopec agreed to invest in Russian oil and gas sector
INFRASTRUCTURE
UKRAINIAN COMPANIES
Neftegazdobycha increased natural gas production by 60%
Gas production decreased by 3.6% for 7 months of 2015
Naftogaz remains the only gas importer to Ukraine because of no other those who wish – Vitrenko
Nadra of Ukrain no longer owns oil and gas wells – Voshchevsky
Gas production decline pace in Ukraine may be 2 times higher – experts
INTERNATIONAL COMPANIES
Italian Eni discovered the largest gas field in the Mediterranean Sea
PetroChina’s net profit decreased 2.7 times in the first half of 2015
Rosneft wrote plan to divide Gazprom
The European Commission permitted Shell to buy British BG for 70 billion USD
Rosneft will probably face serious problems with western equipment because of US sanctions
China’s Sinopec agreed to invest in Russian oil and gas sector
INFRASTRUCTURE
Ukrtransnafta’s financial plan for 2015 was approved with a profit of 2.2 billion USD
Gosgeonedra puts 7 oil and gas sites up for sale
Ukraine increased the average daily volume of gas injection into UGS up to 60 MMCM
Oil transit to Europe increased by 5% at the end of 6 months of 2015
Coal production in Ukraine decreased by 48% for 8 months of 2015
POLITICS AND WORLD
Announcement on publication of the draft resolution of the Cabinet of Ministers on the procedure for creation of natural gas safety stock
Russia expects no growth of oil revenues over the next 20 years
Ukraine may lose the status of petroleum products transit country
Court refused to consider a claim of Gas of Ukraine on the return of distribution networks to the state
Electricity tariffs were increased for the population by 5% to 25% since September 1
Russia may block licenses for subsoil use in the Black Sea and the Sea of Azov
In what way Yatsenyuk is going to perch on energy
Gosgeonedra puts 7 oil and gas sites up for sale
Ukraine increased the average daily volume of gas injection into UGS up to 60 MMCM
Oil transit to Europe increased by 5% at the end of 6 months of 2015
Coal production in Ukraine decreased by 48% for 8 months of 2015
POLITICS AND WORLD
Announcement on publication of the draft resolution of the Cabinet of Ministers on the procedure for creation of natural gas safety stock
Russia expects no growth of oil revenues over the next 20 years
Ukraine may lose the status of petroleum products transit country
Court refused to consider a claim of Gas of Ukraine on the return of distribution networks to the state
Electricity tariffs were increased for the population by 5% to 25% since September 1
Russia may block licenses for subsoil use in the Black Sea and the Sea of Azov
In what way Yatsenyuk is going to perch on energy
