Today's issue of oil and gas bulletin consists mainly of the review of news on state companies. Judging by the new personnel appointments, the fight for control over the state companies is in high gear. However, the managers have a hard nut to crack: there is a critical shortage of resources, the debt and loss are increasing, and moreover, Gazprom is increasing the price and requires the prepayments. Such unmirthful reality is questioning the existence of monopolies in oil and gas industry.
Contents
Ukrainian companies
What Ukrgazdobicha hopes for
The production of gas in Ukraine in the 1Q of 2014 amounted to 5.4 BCM
The charter capital of Naftogaz was increased by 6 billion UAH
Foreign companies
Kub-gas commenced the drilling of Olgovskaya 11 well
JKX Oil & Gas has tied in to commercial production the new well in the field situated in Poltava region
Infrastructure
The Head of Ukrtransgaz is handing in resignation
Politics and world
The Cabinet of Ministers proposes to increase the fee for subsoil use for oil and condensate production
