Weekly news digest July 07-13, 2014


Adopting in the first reading Draft Law No 4117a on special period in fuel and energy industry cleared the way to chaos in oil and gas sphere. Government, the Ministry of Energy and NJSC Naftogaz of Ukraine started public attack of upstream companies operating in Ukraine under the cover of war with Gazprom. First of all, Naftogaz is laying claims for 50% of gas produced by private companies. State monopoly,
which is now left without Russian gas, needs to find resources to be pumped into UGS without which Naftogaz, meaning Ukraine, will not be able to provide gas transit to Europe during heating period.



Ukrainian companies
Ukrgazdobycha is getting exhausted
Naftogaz intends to sue for the Crimean assets
Naftogaz offers to establish an operator to balance gas market
Naftogaz declared the Board’s composition
Ukrgazdobycha will take leave of the private traders
In the area of ATO there are 5 drilling rigs and 4 fields – the Head of Ukrgazdobycha
Ukrgazdobycha got 4.3 billion UAH of income for 6 months of the year
Oil well was burning in Sumy region
Foreign companies
Rosneft started the exploration on the Black Sea shelf
“Shale” plans of Shell remain unchanged
Shell and Chevron agreed to withdraw SPC-Geoservice from PSA –
the Ministry of Ecology
Regal Petroleum increased production in Ukraine by 10% in the second quarter
Two wells drilled by Shell in Ukraine do not give the industrial gas yet,
- the Head of Ukrgazdobycha
Gas reserves in UGS of Ukraine increased up to 14.4 BCM
Gas transit through Ukraine decreased by 7.1% for 6 months of 2014
Igor Prokopiv is a new Head of Ukrtransgaz
Politics and world
Ukraine set up a goal of decreasing gas consumption by 30% — Prodan
The amount of oil and gas drilling rigs in the world increased
for the first time for 4 months in June