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WEEKLY NEWS DIGEST 06-12.07.2015

 
The most discussed news of the industry last week became the choice of the new head of Ukrnafta. The confrontation of the Cabinet of Ministers and Privat Group that has been lasting for more than a year is near completion. The government committee engaged in the selection of candidates-top managers for large public companies approved for Ukrnafta the candidacy of Briton Mark Rollins. The appointment of the new top manager is to be held at the shareholders’ meeting on July 22.
 
CONTENTS

OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Competition Committee selected six candidates for the position of Chairman of the Board of Ukrnafta
The British applicant was chosen to head Ukrnafta
Naftogaz will create a stabilization fund totaling 1 billion USD to purchase gas
Yatsenyuk stands for the establishment of a vertically integrated oil company on a basis of Ukrnafta, Ukrtransnafta and Ukrtatnafta
Naftogaz announced the conditions for successful talks with Privat on the establishment of a vertically integrated oil company
Gas production growth points. Reportage from the facilities of Burisma Holdings in Kharkiv region
Burisma Holdings can increase production by 30% subject to change in rental rates
Court deprived Golden Derrick of the right to use oil and gas fields
INTERNATIONAL COMPANIES
Gazprom increased transit through Ukraine’s GTS up to 231 MMCM on July 3
Gazprom lost the Turkish Stream builder
INFRASTRUCTURE
NEURC raised tariffs for oil pumping through the system of Ukrtransnafta for the first time in 8 years (DOCUMENT)
Gas reserves in Europe’s UGS exceeded 50%
Ukrtransgaz requested from Gazprom shipper code pairs for testing interconnector with Hungary
POLITICS AND WORLD
Israel protests against gas industry reform
Yatsenyuk intends to introduce the position of the Deputy Minister of the Cabinet of Ministers for energy reform
Energy Ministry stands for rental fee reduction to 35%
The number of oil and gas drilling rigs in the world grew in June for the first time in six months