Ukraine Oil and Gas Report - Business Monitor International - Industry Reports

Ukraine Oil and Gas Report

Ukraine Oil and Gas Report - Business Monitor International - Industry Reports
Ukraine Oil and Gas Report
Published Oct 01, 2016
81 pages — Published Oct 01, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

� Business Monitor International Ltd Page - increasing refined products import requirements, as domestic production is insufficient to meet demand. Net imports of refined products will pick up speed as consumption recovers. ...We maintain our forecast for continued, albeit weaker, contraction over the coming years on the back of increased gas prices and the government s gas efficiency plans. In May ----, Ukraine s new government overhauled household heating prices to help restart a USD--.-bn loan from the International Monetary Fund as the U.S. The new gas tariff eliminates separate winter and summer prices for households, and unifies what they pay with the cost for industrial customers. It will be set at UAH-,--- (USD---) per -,--- cubic meters starting May -. ...In ----, imports of gas from the European market more than doubled from -.-bcm to --.-bcm. Naftogaz did not purchase any Russian gas in Q- ---- because the price offered by the Russian side for this period was higher compared to gas prices at which Naftogaz purchased gas in the European market.

...We maintain our forecasts for oil and gas reserves this quarter. However, we note that Chevron and Shell s exits from their respective shale gas exploration projects create increasing downside risk to our gas reserves forecasts. ...In March ---- the company received a formal notification from the State Service of Geology & Mineral Resources of Ukraine that -- of its licenses could be suspended, in addition to three recent suspensions. According to the company, the suspension of these licenses would stop production of about -,---b/d of crude oil, a significant proportion of the company s production and of the country s total --,---b/d crude and condensates production in ----. Most of Ukraine s refineries remain closed as of ----, leading to a severe underutilisation of its refining capacity. ...Given the country s disastrous refining sector, crude net imports have fallen substantially over the past decade and are expected to remain low over the coming decade.

...We maintain our forecasts for oil and gas reserves this quarter. However, we note that Chevron and Shell s exits from their respective shale gas exploration projects create increasing downside risk to our gas reserves forecasts. ...

  
Source:
Document ID
1748-4324
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Ukraine Oil and Gas Report" Oct 01, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Ukraine-Oil-and-Gas-Report-2026-270>
  
APA:
Business Monitor International - Industry Reports. (2016). Ukraine Oil and Gas Report Oct 01, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Ukraine-Oil-and-Gas-Report-2026-270>
  
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