Weekly news digest April 28-May 4 of 2014


The main developments of the industry are observed in state sector, where not only transformation, but also a repartition of spheres of interest is happening. The country is swept by the new wave of violence; it was especially hot in Donetsk region and Odessa, where, unfortunately, the blood was shed.

The negotiations of NJSC Naftogaz of Ukraine and Gazprom are in the dead end. At the same time the negotiations between Ukraine and Slovakia were finished with signing the Memorandum of understanding on gas supply. Ukraine got the worst terms of gas supply.

Last week there were search and seizure in the state company Ukrgazvidobuvannya . According to the information of company’s personnel, they were interested in the companies that Ukrgazvidobuvannya cooperated with, primarily Karpatygaz and Western oil and gas company.

Staring from the 1st of May, the prices for gas in Ukraine are rapidly going up for all the categories of consumers.



Ukrainian companies
In the 1Q of 2014 Ukrnafta earned 452 million UAH of net profit
The seizure of documents from the central office of Ukrgazvidobuvannya is in progress
Ukraine able to increase gas production from depleted fields?
Foreign companies
Cadogan Petroleum decreased its net loss by 6 times in 2013
Politics and world
Gas tariffs for industrial consumers and state organizations will be increased yeWt again
Slovakia and Ukraine signed the Memorandum of understanding on reverse gas supply
Ukraine can surcharge Chernomorneftegaz 16 billion UAH for 2 drilling rigs — Boyko