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WEEKLY NEWS DIGEST 15-21.06.2015

 
In today’s issue of the digest the main news are dedicated to gas producing company Ukrgazdobycha. The Prime-Minister Arseniy Yatsenyuk demands the change of the management due to the debt of private companies, namely some owned by the parliamentarian Igor Eremeev, for the supplied fuel in amount of 373 mm UAH. However, according to the market participants, behind the populist declamation there is quite a pragmatic desire to appoint a new manager for the company.
 
CONTENTS

OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Yatsenyuk demands to change the leadership of Ukrgazdobycha immediately
The Cabinet of Ministers allowed Naftogaz to appoint the heads of its subsidiaries without competition
Ukrgazvydobuvannya intends to produce up to 600 MMCM of gas with a help of EGR technology by Linde
Why the selection of candidates to lead Ukrnafta has not been started yet – Naftogaz
Neftegazdobycha protects its rights on the European level
Ukrgazvydobuvannya sold the rights for two wells to the structures of MP Onishchenko for 0.9 million UAH– Chornovil
Nadra of Ukraine got the profit due to the return of the share in Sakhalinskoe field - Klimovich
Naftogaz will hold a tender for geological survey
Naftegazdobycha appealed to the Prosecutor General with a request to assist in the stabilization of the company’s operation
Prikarpattya Energy Company started production at Grabivskoe gas field
Naftogaz announced a competition for the position of Ukrnafta’s head
Ukraine produced 1.6 BCM of blue fuel in May
INTERNATIONAL COMPANIES
Belorusneft was allowed to use Russian subsoil till 2035
INFRASTRUCTURE
Ukraine can abandon gas imports in 3 to 4 years – Demchishin
DTEK reduced coal production by 34.6%, electricity supply - by 14.7% in the first quarter 2015
Gas consumption decreased by 21.5%, imports - by 17.2%, transit - by 26.4% following the results of 4 months 2015
Oil transit to Europe increased by 4.8% for 4 months 2015
Ukrtransgaz saved 137 million UAH for 5 months 2015 through the use of EDGPU
POLITICS AND WORLD
Iraqi oil companies are reaching the maximum of oil production and exports
OPEC’s oil revenue in 2014 was less than 1 trillion USD for the first time in 4 years
The Ministry of Ecology intends to suspend Ukrnafta’s licenses