Today at the II Ukrainian Gas Investment Forum '17 Ukraine's gas market participants and foreign investors have discussed the making of the industry attractive for investments.

Vice-prime-minister of Ukraine, Volodymyr Kistion and representatives of the Government have met with the gas producers to determine the priorities of the industry development and implementation the Concept for Development of Ukraine's Gas Production Industry by 2020.

On December 28, the Concept for Development of Ukraine's Gas Production Industry by 2020 was approved during the Government meeting.

The Association of Gas Producers of Ukraine welcomes the Government's decision to support the natural gas production industry by implementing a stimulating flat 12% royalty rate on natural gas produced from new wells.

AGPU welcomes the initiative of the Members of Parliament, which has become the incarnation of the world trends of decreasing tax burden on oil and gas industry in competition for investments and technology in the reality of new prices on hydrocarbons.

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.

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.