Weekly news digest January 6 – 12, 2014

The most of the independent production companies reported on increase of production in 2013. Thus, have shown the best results in their history. Not everything goes on well, two-thirds of companies have shown the growth of production, one-third – the reduction.
Traditionally at the end of the year the National Commission on Energy Regulation (NCER) held the presentation under the title «establishment of the prices for state-owned companies». For Ukrgazdobycha gas price remained at the level of 2013, and for Chornomornaftogaz and Ukrnafta increased slightly.

Ukrainian companies
Gas prices for the sale were set to Ukrgazvydobuvannya, Chernomornaftogaz and Ukrnafta for 2014
Foreign companies
Regal Petroleum reduced the average daily production in the fourth quarter of 2013
Statoil is interested in the foreign assets
Naftogaz will receive the double profit due to Ukrtransgaz
Policy and World
Gas market: the year of huge losses
In 2013 gas production in Russia increased by 2%, export - by 10%
In 2013 oil production in Russia increased by 1% - up to 523.3 million tons
China increased the volume of shale gas production almost 6 times
In 2013 rate of growth of oil reserves in Russia decreased by 15%
The oil reserves in the USA decreased by 2.7 million barrels for a week