OIL AND GAS CONSULTING CENTER
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WEEKLY NEWS DIGEST 23.02-01.03.2015

 
The main news of today’s digest is the actions of the state authorities on the energy market. Unfortunately, all the changes proposed by the government and other state bodies come down to increasing taxes for producing companies together with gas price. Devaluation of hryvna and sharp increase of price of gasoline, diesel fuel and gas undermine the economy of Ukraine. On the other hand, the government is not able to take adequate measures to stabilize the economy.
 
CONTENTS
 
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Gas production in Ukraine can increase up to 25 BCM by 2017 - the Head of Minenergouglya
Demand for Ukrgazdobycha’s auction LPG exceeds supply by 6 times
Fitch downgraded the long-term foreign currency rating of Naftogaz
Head of Naftogaz: Gazprom violates the contract
Naftogaz will take out a loan in the amount of 3.6 billion USD from China against the government guarantee
INTERNATIONAL COMPANIES
Chevron suspends its activity in Romania
Purchase of drilling company by Rosneft for 4 billion USD may not come about because of sanctions
Gazprom is ready to provide Donbas with “blue fuel”
INFRASTRUCTURE
Ukrtransgaz carries on negotiations with Hungarian FGSZ to expand GTS technological capacity
Ukraine lifted out of UGS minimum gas volume on February 24
Poroshenko replaced the member of NEURC
POLITICS AND WORLD
High rent: they drew a bead on oligarchs but hit the investors
Gas price for industry was increased up to 8,900 UAH
Why is the Cabinet of Ministers moving towards gas deadlock
If you have something to keep back, you hide something. And you want us to believe you?!
The Cabinet of Ministers offers to raise rent for Ukrgazvydobuvannya and Ukrnafta from 20% to 70%
The EU intends to abandon gas from Russia and move to resource from Azerbaijan, Turkmenistan and Algeria