The industry is facing new challenges and goals in 2020

18/03/20

"Despite the unfavorable conditions in the world caused by the significant drop in world oil and gas prices – the development of domestic gas production shall remain", said Artem Petrenko, the Executive Director of the Association of the Gas Producers of Ukraine during the V International Industry Forum, which recently took place in Poltava.


During the Forum, traditionally united leading specialists and experts of the industry discussed new projects and identified strategic directions for the industry.


Artem Petrenko emphasized, that industry is facing new goals in 2020, successful achievement of which should affect the growth of gas producing industry, encourage new investors and increase domestic gas production.


TOP-5 industry expectations:

• Stable and predictable rules of participation
• Update of the Subsoil Code
• Further modernization of relevant legislation
• Oil and gas e-auctions and PSA tenders conduct
• Active interaction with gas producing regions

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