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WEEKLY NEWS DIGEST 09-15.03.2015

 
In today’s issue of digest we are bringing to your attention the news of oil and gas industry. The main event of the last week was that Shell curtails joint activity project with Ukrgazdobycha. It was one of the first and most perspective projects involving large international company that ended up with nothing. Such decision of Shell was rather expected, however, the company was procrastinating it. Ukraine got one more slap from international investors – they are saying it is unpromising and not economical to invest in Ukraine.
 
CONTENTS
 
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Naftogaz of Ukraine involved American RyderScottCompany to assess hydrocarbon reserves in the fields in Ukraine and Egypt
Nadra of Ukraine will restore 120 wells to increase oil and gas production
Domestic gas production in Ukraine will be reduced in 2015- Kobolev
Nadra of Ukraine submitted for investors’ consideration production projects in Ukraine
INTERNATIONAL COMPANIES IN UKRAINE
Shell and Ukrgazdobycha terminate joint activity agreement
Investment company ProximaCapitalGroup still bought 12.5% in JKX Oil & Gas
INTERNATIONAL COMPANIES
BP believes Egypt to have huge deposits of natural gas
INFRASTRUCTURE
Gas reserves in Ukraine’s UGS fell to less than 8 BCM
Ukraine imported petroleum products for the amount of 481 million USD in January-February
Importers supplied 36.6 thousand tons of LPG in February
Ukraine expects to increase the rate for Russian gas transit by 30 to 100%
POLITICS AND WORLD
Gazprom sharply increased gas supplies to Europe, Naftogaz was not even warned
How Naftogaz will destroy Firtash’s empire
Trilateral gas talks are scheduled for March 20 – Yatsenyuk
United States lifted sanctions against Belorusneft
Initiator of rent payment increase was dismissed from his position as the Deputy Minister of Finance
Ukraine returned 19 gas fields - Igor Shevchenko