14 November 2016European Business Association Is Arguing for Implementing a 12% Royalty on New Wells in 2017
Members of the European Business Association's Energy Committee consider implementation of a 12% royalty rate on natural gas production (excluding the joint venture agreements) to be an appropriate measure.
10 November 2016Zynoviy Kozytsky: "Instead of Purchasing Gas From Gazprom, We Should Have Invested in Our Own Upstream"
The owner of the upstream natural gas holding Zahidnadraservis has told where his companies produce gas and who funds them. And about the obstacles of increasing production.
08 November 2016Will UkrGasVydobuvannya Be Able To Produce 20 bcm
A Committee Hearing under the ruling of the Deputy Head of Energy Committee, Olga Belkova, was held. The topic of the hearing was Production of 20 bcm of natural gas in 2020 – how UkrGasVydobuvannya can do it.
05 November 2016I.Nasalyk Is Arguing for Decreasing Royalty on Hydrocarbons Production
During his visit to to Kolotnytske gas field in Lviv oblast', Igor Nasalyk has stated that the fiscal regime cannot be the same when the price conjuncture changes.
04 November 2016Increase Natural Gas Production By 60% by 2020. Why not?
Upstream industry knows how to increase production and free Ukraine from import dependence. A flat 12% royalty rate on new investments should be implemented. Then the industry will be able to attract $1 billion of investments by 2020.
03 November 2016Development of Ukraine's Upstream Is the Main Priority Today – Petro Poroshenko
President of Ukraine, Petro Poroshenko, has given start to natural gas production on Kolodnytske gas field (Lviv oblast').
03 November 2016The Association Welcomes the Decision Of the Government to Hold A New Transparent Bidding For Yuzivska Field
The Association welcomes the decision of the Government of Ukraine and personally the decision of Prime-minister for the firm state position regarding holding a new transparent and open bidding for the largest gas field in the country – Yuzivska field.