OIL AND GAS CONSULTING CENTER
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WEEKLY NEWS DIGEST 09-15.11.2015

 
The last week turned out to be extremely saturated with oil and gas news. All week the MPs were unsuccessfully trying adopt in the second reading the bill on decreasing gas royalty or at least to pretended so. The sage about royalty is not finished yet and we are waiting for it to be continued next week. Also there was held an auction of oil and gas fields. Apart from this the scandals around the state companies NJSC Naftogaz of Ukraine, Ukrgasdobycha and Ukrnafta continue.
 
CONTENTS
 
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Ukrnafta: unprecedented preferences and no one is responsible
Naftogaz paid off debts to Ukrgazdobycha
Suspicious transactions in amount of 2 billion UAH have been found in Ukrgazdobycha
Naftogaz awaits the decision of Stockholm arbitration in a dispute with Gazprom in the first half-year 2016
Cynical management, or Who has control over Naftogaz
INFRASTRUCTURE
Electricity exports by Ukraine fell almost 3.4 times in October
Gosgeonedra selected 11 companies to participate in the auction on November 10
Gosgeonedra sold 5 oil and gas sites worth 14.8 million UAH
Gosgeonedra will put up for auction on December 16 three oil and gas areas
POLITICS AND WORLD
Rada will review gas royalty on November 13
Rada failed to pass a law on royalty reduction for oil and gas companies
Tax Policy Committee proposes to reduce royalty to 29%
Ukraine is ready for the termination of gas supplies from Russia
Poland intends to increase oil and gas production