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WEEKLY NEWS DIGEST 06-12.04.2015

 
The main news in our today’s digest is about adopting the Law On the natural gas market by Verkhovna Rada. The law provides for implementing the basics of Third Energy Package, which will allow for creating the gas market of Ukraine on the model of the European one. This event can be called epochal, however, for a normal functioning of the gas market a number of other things shall be done, in particular, adopting a lot of further laws.
 
CONTENTS

OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Auditors failed to confirm financial statements of Naftogaz for the years 2012-2013 - media
Ukrgazvydobuvannya intends to sell gas to the population
Naftogaz shall pay 500 million USD to external creditors by 2018
Naftogaz will hold an open competition to appoint the heads of Ukrgazdobycha and Ukrtransnafta
INTERNATIONAL COMPANIES
Shell may curtail another project in Ukraine - Kobolev
INFRASTRUCTURE
Coal production in Ukraine decreased 2.2 times in I quarter of 2015 Naftogaz will increase imports from
Russia three times in April - the Ministry of Energy
Gas from the EU cost Ukraine $304/thousand cubic meters in I quarter
Gas transit decreased by 31.4% in I quarter of 2015
Gas consumption fell by 10.4% in March
POLITICS AND WORLD
VR adopted a law on natural gas market
Law “On Natural Gas Market” is the first step towards the implementation of the Third Energy Package in Ukraine
Ropewalker’s skills, or once more on the taxation of natural gas production in Ukraine
Arbitration may adjudicate on the dispute between Naftogaz and Gazprom in early 2016 – Kobolev
Gas production in Ukraine is unprofitable
Tripartite gas talks will be held in Berlin on April 14
Russia’s revenues from oil exports reduce rapidly
Cabinet of Ministers finally lost the case to gas producers
Huge oil field was discovered near London