In the interview to Business.ua, Natalia Grebenyuk, the CFO of DTEK Naftogas has told about how many dry wells can an upstream company allow itself to have under the current fiscal policy.

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.

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.

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.

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.

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.

President of Ukraine, Petro Poroshenko, has given start to natural gas production on Kolodnytske gas field (Lviv oblast').