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WEEKLY NEWS DIGEST 18-24.05.2015

 
Let us bring to your attention the next issue of oil and gas news digest. The breaking news of the last week became the announcement of the public company Ukrgazdobycha on the revision of joint activity agreements with the private company Karpatygaz. 7 projects are expected to be withdrawn from the joint activity and Ukrgazdobycha will work on them all solely. Such a decision means the possible elimination of several major projects in upstream.
 
CONTENTS

OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Ukrgazvydobuvannya withdrew 7 projects from the joint activity agreements with Karpatygaz
Naftogaz transferred to Gazprom additional 32 million USD of prepayment for gas
Naftogaz claims the violations when inspecting the process oil of Ukrtatnafta
MP from “Svoboda” Bublik demands from the Security Service and the Prosecutor General’s Office to unblock the operation of Neftegazdobycha
Ukrnafta’s net profit totaled 4.5 billion UAH
Ukrnafta revised its net profit upwards
The Cabinet of Ministers increased the capitalization of Naftogaz by 8.9 billion UAH in April
INTERNATIONAL COMPANIES IN UKRAINE
JKX got the right to develop a new site in Ukraine
Ukraine imposed exorbitant taxes, it is impossible to start drilling - JXK Oil & Gas
Shell ceded 6 petrol stations to BRSM-Nafta
INTERNATIONAL COMPANIES
Rosneft will have a controlling stake in Brazilian exploration project Solimões
Gazprom cut its production plan for 2015 once again
Gazpromneft increased production by 16% in the first quarter 2015
Shell sells LPG business in France for 529 million USD
INFRASTRUCTURE
Ukraine accumulated near 9 BCM of gas in UGS
Electricity production decreased by 12.5% for 4 months 2015
Shebelinka GPP reduced gas condensate processing by 7.9% for 4 months 2015
POLITICS AND WORLD
Iran is ready to supply oil to Europe immediately after the lifting of sanctions
Ukraine is actively preparing for the heating season - Ukrtransgaz
Europeans saved Ukraine from Gazprom’s monopoly, - Poroshenko
MPs demand from the Cabinet of Ministers to urgently change the management of Ukrnafta
Poroshenko: Ukraine signed the first agreement to construct gas interconnector
Kobolev expects to sign a supplement agreement with Gazprom before the end of June