Weekly news digest September 22-28, 2014


The main event of the last week were threeparties negotiations in Berlin between Ukraine, Russia and EU. There were a lot of expectations regarding this meeting as Gazprom does not supply gas to Ukraine for 3.5 months already and the issue of ongoing gas supply to Europe through Ukraine. We only have two weeks before heating season starts and still the main question whether Russia will restore gas supply to Ukraine has no answer.



Ukrainian companies
Nadra of Ukraine: in the budget for 2015 one should provide the state guarantees to the amount of 3.7 billion UAH for exploration
In August gas production in Ukraine increased by 2.9% - up to 1.7 BCM - the State Statistics Service
“Boyko’s rigs” costed the state 200 million UAH - GPO
Gas field is changing its course
Deloitte & Touche will audit Naftogaz, Ernst & Young will assess its assets
Avakov is returning to gas production
DTEK will not reduce the investments in Naftogazvydobuvannya
Stavitskiy catch hold of the well
Foreign companies
JKX Oil & Gas is going to reduce the capital expenditure for oil and gas production in Ukraine
Gas reserves in Ukraine’s UGS increased up to 16.417 BCM
Oil feedstock supply to oil and gas refineries for 8 months of 2014 reduced by 6.5%, processing – by 1.7%
Ukrtransnafta for 8 months of 2014 reduced the volume of oil transportation by 2.9%
Since the beginning of September Ukraine imported 800 MMCM of gas from Europe
Politics and the world
Oettinger: Gazprom will supply to Ukraine 5 BCM of gas
Gas mathematics by the Ministry of Finance
The government equated the “alternative” to gas
Yatseniuk promises to introduce tax advantages for producing companies