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Weekly news digest May 26 - June 01 of 2014

 

The latest issue of bulletin contains news dedicated mainly to the state companies. Complicated period of reformation of management of state bodies caused by the change of political government is in progress now. The conducted elections give hope for prompt stabilization of political situation and economy of Ukraine which is very important for oil and gas industry in the country.

 

Contents


Ukrainian companies
Naftogaz commenced the inspection of operation of Ukrgazdobicha
Naftogaz can produce 500 MMCM of gas more this year – forecast
Naftogaz of Ukraine will increase its charter capital by 22.3 billion UAH
Foreign companies
Cadogan Petroleum will commence the drilling of well in
Debeslavetskaya field till October
Infrastructure
Gas reserves in Ukrainian underground storages increased up to 10.9 BCM
State geological and subsoil service will be headed by ex-Deputy Director of the
Department of the Ministry of Economy