In 2016, 72% of the applications for exploration and development from the gas producers have not been approved by the regional councils.
40% of the projects in the industry are halted due to land issues.
The sad statistics is evident that the local communities are not interested in the development of gas production on their lands, since they are deprived of their right to manage the funds from the companies.
Today, on September 22, for the first time the TWO bills will be under hearing in the Verkhovna Rada. These bills are supported by all the gas production market participants, the expert community, the professional bodies, and professional committee of the Parliament. 5% recoupment from royalties to the local budgets, outlined in the bill No. 3038, will create a stimulus for the local council to cooperate with the producers. Simplification of the land issue procedures for the needs of gas production is provided for in the bill No. 3096.