The government will speed up the signing of PSAs
Achieving energy independence is an important priority for the government, as Ukraine has a huge potential for increasing gas production and efficient operation of infrastructure.
This was stated on October 23 by Prime Minister of Ukraine Denys Shmyhal during a meeting with members of the Interdepartmental Commission for organizing the conclusion and implementation of production sharing agreements and investors – the winners of competitions of production sharing agreements.
Denys Shmyhal assured investors that the government understands that since they participated in tenders for concluding the agreements on the world market, price trends have changed.
“The government is confident that the Ukrainian energy market remains attractive in the near future and creates sufficient demand for new gas production and geological exploration,” the Prime Minister said.
According to Denys Shmyhal, production sharing agreements are a tool for attracting significant investment in the national oil and gas industry. The Interdepartmental Commission and investors have carried out significant work on their projects.
08:00 / 26 September, 2019
ODESA OFFSHORE CONFERENCE-2019
Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
12:00 / 13 June, 2019
08:00 / 23 May, 2019
Carpathian Oil&Gas Conference-2019
The development of oil&gas industry, introduction and implementation of new E&P technologies, stimulation, workovers &recovery of oil&gas wells will be among upstream focal points of the FIRST DAY of COGC2019 - 23 May. The SECOND DAY of Conference will be devoted to midstream, downstream, and trade in hydrocarbons, to spotlight the nowadays dynamics and robust changes in the Ukrainian oil&gas market. The Ukrainian Gas Market day of 24 May 2019 will become a marketplace venue for natural gas traders and natural gas transmission & distribution companies to meet and discuss prospective deals in the UAH 200 billion natural gas market of Ukraine.