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WEEKLY NEWS DIGEST 08-14.06.2015

 
The breaking news of today’s issue of the digest is devoted to the problems of the public company Ukrgazdobycha, which is in a catastrophic financial situation after the sharp increase in rental payments from 20% to 70%. One should note among other important news the issuance of a special permit to develop West Olgovsky oil and gas block to the company KUBGAS-BOROVAYA, as well as news about the expected oil and gas sector reforms.
 
CONTENTS

OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
The debt of Naftogaz to Ukrgazdobycha totals 5 billion UAH - media
The court obliged Stavitsky’s company to pay 25 million USD in favor of Nadra of Ukraine
Chernigovneftegazgeologiya withdrawal from the market calls into question the existence of Nadra of Ukraine
The Cabinet of Ministers increased the authorized capital of Naftogaz 2.9 times
KUBGAS-BOROVAYA got a special permit to develop West Olgovsky oil and gas bearing block
Ukrgazvydobuvannya expects gas production fall by 3% in 2015
Chornomornaftogaz asks the Verkhovna Rada to impose a moratorium on payments to the company’s creditors
INTERNATIONAL COMPANIES
Ukraine reached a preliminary agreement with Gazprom – Demchishin
Shell may close another project in Ukraine – Kobolev
INFRASTRUCTURE
Gazprom did not discuss with the EU the issue of transit termination through Ukraine- the company
Gosgeonedr terminated the effect of 422 special permits for subsoil use in the Crimea,
Donetsk and Luhansk regions
Ukrtatnafta requires Ukrtransnafta to free the tanks before July 1
POLITICS AND WORLD
Russia discusses the various options for the terms of a new gas discount for Ukraine – Novak
Amendments to the law removed provisions that allowed Kolomoisky to appoint the head of Ukrnafta
Either we make gas market reform, or we will have problems – Vitrenko
Ukraine may reduce the rent for oil and gas production to 35%
Gas producers ask the President and the Prime Minister to improve conditions for the sectoral market