Energy

Meetings
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The Meeting was devoted to discussion of Chamber Energy Committee’s potential contribution to the modernization of Ukrainian electricity market and participation in drafting and discussion of the secondary legislation for implementation of the Law “On Electricity Market”

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On December 4, the Chamber Energy Committee presented the Third Edition of the Chamber White Paper on Oil & Gas Reforms in Ukraine, prepared by experts from leading international and Ukrainian companies – Members of the Chamber Energy Committee. During the presentation of the White Paper, representatives of business and state authorities discussed crucial issues of energy sector and proposals on their resolution

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The Chamber welcomes entering into force of amendments to Power Purchase Agreement Template for electricity produced from renewables, approved by Resolution of the National Commission for State Regulation of Energy and Utilities #1118 dated September 14, 2017. These amendments include extension of “force majeure” definition, dispute resolution by means of international arbitration, transformation of SE “Energorynok” into a “Guaranteed Buyer” in 2019

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On October 30, 2017 “Top Lead” company, together with the American Chamber of Commerce in Ukraine, presented the first edition of the Infographic Report "Energy of Ukraine"

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During the event, the analytical data on the current state of the energy sector of Ukraine were presented

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The Meeting was devoted to discussion of current electricity issues

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On September 27 the Chamber held a meeting with Oleksandr Bakumenko, Deputy Head of the Verkhovna Rada of Ukraine Committee on Agrarian Policy and Land Relations

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On September 26, Chamber Energy Committee held a meeting with Vsevolod Kovalchuk, Temporarily Acting Director of State Enterprise “Ukrenergo” devoted to discussion of current electric energy issues

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On September 21, Chamber Energy Committee met with representatives of the International Secretariat for Extractive Industries Transparency Initiative within the framework of their validation visit to Ukraine

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On September 6, the Chamber Energy Committee held a meeting with Oleg Kyrylyuk, Acting Head of the State Service of Geology and Mineral Resources of Ukraine devoted to discussion of prospects of reforms in oil & gas sector

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On August 16, the Chamber Energy Committee met with Igor Nasalyk, Minister of Energy and Coal Industry of Ukraine, in the framework of the Memorandum of Cooperation to discuss current issues in the energy sector

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On July 20, the Chamber Energy Committee held a meeting with Oleg Tsvyakh, Acting Head of the State Service of Ukraine for Geodesy, Cartography & Cadaster (Stategeocadaster), devoted to discussion of problematic aspects of land use for purposes of energy sector

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The Chamber believes that adoption and further implementation of the final text of the Rules will eliminate currently existing legislative gaps, decrease bureaucracy burden on the production companies, foster more efficient and profitable development of oil & gas deposits in Ukraine, complex and rational subsoil use as well as encourage investments.

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The Chamber welcomes signing of Law #2019-VIII "On Electricity Market of Ukraine", providing reliable and secure supply of electricity to consumers by establishing legal principles and organizational structure of the electricity market, by the President of Ukraine Petro Poroshenko

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On June 13, the Chamber Energy Committee held a meeting with Torsten Woellert, Team Leader for Energy & Environment (Support Group for Ukraine), European Commission, devoted to discussion of current issues in the energy sphere, position of the European Commission (EC) on progress of Ukraine’s implementation of the Third Energy Package, development of New Energy Strategy of Ukraine, prospects of implementation of the project on a new Subsoil Code

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Event has been devoted to discussion of subsoil use issues

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On May 12, Chamber Members met with Nataliya Boyko, Deputy Minister of Energy and Coal Industry of Ukraine

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During the meeting has been discussed the proposals to the methodology on calculation of tariffs for entry/exit points to Gas Transmission System

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During the meeting has been discussed current plans and strategy of the VRU Fuel and Energy Committee for 2017

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Andy Hunder President of the American Chamber of Commerce in Ukraine, during Ukrainian Energy Forum highlighted the necessity of regulatory and fiscal reform in energy sector and the importance of  taking responsibility for implementation of systemic reforms by the Government, as well as use of the best international practices, which are essential to reinvigorate Ukrainian oil and gas industry, liberating it from its current stagnant state

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The President of Ukraine signed Law #1793-VIII (Draft Law #3038) “On Amendments to the Budget Code of Ukraine (regarding Improvement of the Proceeds and Use of Costs Received from Royalties for Subsoil Use for the Extraction of Oil, Natural Gas and Gas Condensate)” aimed at decentralization of royalty tax payments for gas and redirection of 5% of it to local budgets

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The Lecture has been devoted to the transformation of oil and gas industry in the world and competition of other types of energy

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Members of the Chamber Energy Committee met with Igor Nasalyk, Minister of Energy and Coal Industry of Ukraine, who is also the Chairman of the Interagency Commission on Conclusion and Implementation of Production Sharing Agreements

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Ministry of Economic Development and Trade provided an official confirmation regarding expiry of special import measures (quotas) for tubular goods used for drilling of oil and gas wells, namely seamless steel casing and pump-compressor pipes with an external diameter not exceeding 406,4 mm

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During the meeting Priorities & Goals of the Chamber Energy Committee for 2017 has been presented and discussed

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On November 29, the CMU published its Resolution, which establishes 0% gas stock reserve for 2016-2017

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The American Chamber of Commerce in Ukraine strives to assist Ukraine’s Government in retaining and attracting investments in the country’s energy sector

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Meeting has been devoted to discussion of the State Road Fund, roads construction, budget issues in infrastructure sphere, sea & river transport reform, legal framework for the natural gas market, electricity market, stimulation of renewable energy and ecological issues in competence of Mr. Kistion

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The discussion has been devoted to the concept of balancing costs for the producers of electricity from renewable sources energy

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During the recent plenary week the Verkhovna Rada of Ukraine adopted a package of Draft Laws, advocated by the Chamber, which are crucial for the liberalization of the energy markets

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n August 29, the Ministry of Economic Development and Trade of Ukraine published on its official website the proposals on amendments to legislative acts of Ukraine governing the permits issuance aimed on bringing them into conformity with the Laws of Ukraine "On Administrative Services" and “On Permitting System in the Field of Economic Activity”

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The Chamber welcomes the liberalization initiative adopted by the National Bank of Ukraine approved by the Board Resolution №372 of August 18, 2016 "On recognition invalid some normative acts of the National Bank of Ukraine" that cancelled requirement to provide the expert price assessment Act of the State Enterprise State Research and Information Center for Monitoring International Commodity Markets  «DERZHZOVNISHINFORM» that is used by residents to pay for import of services

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The purpose of the meeting was to continue the discussion of the concept of the Draft Subsoil Code

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The purpose of the meeting devoted to finalization of the concept of the Draft Subsoil Code

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Meeting has been devoted to discuss the section "The Law of Subsoil Use"

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Participants discussed key priorities and current issues of the energy sector of Ukraine

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Participants discussed progress in implementation of requirements of the Third Energy Package, secondary legislation and Law “On Natural Gas Market”

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Participants shared their thought on current issues in the sphere of Commission responsibility, on gas transmission system code in particular

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Participants discussed the key principles of the Draft Subsoil Code as well as Working Group action plan.

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Participants finalized proposals regarding changes to the Tax Code and introduction of profit-based tax system

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Participants developed proposals regarding changes to the Tax Code and  introduction of profit-based tax system

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Key issues in the gas transportation sphere have been discussed with Mr. Makogon

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Round Table has been devoted to the key aspects of antitrust legislation and main issues on the retail market based on fuel filling stations experience.

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The meeting with Mykola Boyarkin will be devoted to discussion of recent legislative initiatives and developments in the sphere of subsoil use.

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The Chamber welcomes initiatives aimed at reduction of the gas stock reserve as it will decrease a burdensome financial pressure on independent gas companies, since it is one of the key issues stated in the Chamber White Paper on reforms in Oil and Gas Sector.

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On April 12, the Chamber held a meeting with Acting Director of "Ukrenergo" Vsevolod Kovalchuk. The aim of the meeting was to discuss the key issues related to functioning of “Ukrenergo” as well as general situation on the electricity market. The main aspects of "Ukrenergo" current activity were covered in the presentation

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Meeting has been devoted to discussion of the Draft Chamber Position Paper regarding reduction of the feed-in tariff and Draft Chamber Proposals regarding Draft Law #4196 “On Electricity Market”

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On March 30, the Chamber held the Round Table where new edition of the Chamber White Paper “Reforms in Oil & Gas Sector of Ukraine” was presented to the representatives of the Chamber Members, Ministries and other Government Authorities, MPs, state companies and international organizations such as Energy Community, European Bank for Reconstruction and Development, as well as representative of the U.S. Embassy

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The meeting has been focused on current legislative developments to support the energy sector reform in Ukraine

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Meeting with Mykola Boyarkin, Acting Head of the State Service of Geology and Mineral Resources of Ukraine has been devoted to current issues in subsoil use sphere and related issues.

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This multistakeholder audience gathered primarily to discuss the results of cooperation under MoU, roadmap on deregulation in oil and gas industry and oter issues

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Meeting of the Chamber Working Group has been held in the framework of the MoU with the Ministry of Energy and Coal Industry.

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Verkhovna Rada of Ukraine adopted Draft Law #3074 “On Amendments to the Customs Code of Ukraine on Creation of Conditions for a New Model of the Natural Gas Market”. 

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Verkhovna Rada of Ukraine adopted Draft Law #3073 “On Amendments to the Tax Code of Ukraine on Creating Conditions for a New Model of the Natural Gas Market”.

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On November 19 and 20, the Chamber Energy Committee met to discuss its proposals to CMU Resolutions #594 and #615 regarding special permits. 

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On November 10, Chamber Energy Committee  Members participated in the first meeting of the Working Group in the framework of the signed Memorandum on Cooperation. The meeting was aimed at framing key...

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On November 6, Chamber Energy Committee held its regular meeting devoted to discussion of the Chamber position regarding several Draft Laws and regulations. 

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On October 8, Chamber Energy Committee held its regular meeting that was devoted to discussion of recent legislative and regulatory developments in energy sphere. 

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Ukrainian Parliament registered Draft Law #3096 “On Amendments to Certain Legislative Acts of Ukraine regarding Deregulation of Certain Aspects of Oil & Gas Sector”.

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Ministry of Ecology has approved the Rules of Oil and Gas Fields Development. 

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The Law of Ukraine #329-VIII “On Natural Gas Market”, signed by the President of Ukraine last week, is a framework law for the sector that establishes qualitatively new rules for doing business on this market.

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The Law of Ukraine #329-VIII “On Natural Gas Market” was signed by the President of Ukraine.

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Chamber welcomes signing of Law #222-VIII “On Licensing of Certain Types of Business Activities”.

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Resolution #42 “On Deregulation of Business Activity” was published by the Cabinet of Ministers of Ukraine.

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