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Weekly news digest June 02-08 of 2014

 

In today’s issue of bulletin you will find news about the attempts to reform gas upstream sector. The government, the Ministry of Energy and NJSC Naftogaz of Ukraine are ready to take unpopular measures - increase gas price. Practically, this is the liberalization of oil and gas market. According to the Head of Naftogaz, it will facilitate the development of gas production in Ukraine. The first step towards market liberalization may be the increase of purchase price for Ukrgazdobicha by 2.5 times up to 885UAH per 1 th.m3.

 

Contents


Ukrainian companies
The low price for Ukrainian gas kills national gas production — the Head of NJSC Naftogaz of Ukraine
Ukrgazdobicha wants to increase purchase price for produced gas by 2.5 times
A new directional well was put in commission in Gnedentsevskoe field
Karpatygaz will intensify the exploration of Krestishchenskaya group
Foreign companies
Serinus Energy has drilled О-11 well in Olgovskoe field
Shell controverts the information about interruption of operations in Yuzovskaya
Infrastructure
Ukrtransgaz will be transformed into two entities — the decision of the Cabinet of Ministers