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Association "Subsoil users of Ukraine" became part of the Working Group on the revision of the legal framework in the field of state geological control and regulation of business. Working group formed on the orders of Prime Minister of Ukraine Arseniy Yatsenyuk 17.04.2015 № 84 to end irrelevant, modification and ceasing to be invalid regulatory legal acts on state geological control and regulation of geological study and use of mineral resources. The group also included business entities, representatives of relevant geological enterprises and public authorities.

In order to attract citizens to participate in public affairs in the field of exploration and rational use of resources, transparency in decision-making, held a public hearing to discuss the matter out of joint activities and transition to production-sharing agreements in mining. Public hearings will be held April 28, 2015 at 10:00 am in the auditorium of the Ukrainian State Geological Prospecting Institute at Kiev, Avtozavodskaya str., 78 a.

It is expected that in 2015 in Kazakhstan will be signed new contracts for subsoil use. Told Trend in the Ministry of Energy of Kazakhstan. "In 2015, the Government of Kazakhstan adopted a resolution" On the contract for combined exploration and production in the areas of "Abai" and "Isatai", located in the Kazakh sector of the Caspian Sea "- the ministry said. Currently, the Department of Energy of Kazakhstan is considering a draft contract for subsoil use area "Isatai." The section of "Abai" draft contract to the Ministry did not noted in the department.

Drilling Company Eurasia Drilling Company (EDC) for its part is ready to fulfill the terms of the transaction with FAS oilfield service company Schlumberger, the issue in an international partner - told RIA Novosti Chief Executive Officer of EDC Alexander Japaridze. "We used to work in the country, we are not share, we will still carry them out" - he said, answering a question RIA Novosti whether EDC is ready to fulfill the requirements of FAS. "To occurred, it should go Schlumberger», - he said.

Natural gas production in Ukraine (excluding the temporarily occupied territory of the Autonomous Republic of Crimea and Sevastopol) in March 2015 compared with the same month of 2014 decreased by 3.3% - up to 1.6 billion cubic meters. m. It is reported by the State Statistics Service (State Statistics) in today's report on industrial production in Ukraine. At the same time, compared with February 2015, gas production increased by 10.2%.

In Zhydachivskyi district of Lviv region today, April 15, was discovered natural gas field Krehiv, the correspondent of RBC-Ukraine says. Krehiv field is located 16 km south of the city Zhydachiv. Not far away there are Teysarivske, Lyubeshivske and Dashava operated gas fields.

Lower tax rates, simple administration mechanisms and new system for taxation of the gas production - those were the key recommendations for the Ukrainian energy sector presented by the special mission of the International Monetary Fund at the end of 2014. For months the Fund’s position remains unchanged - the Ukrainian government should abandon the traditional policy of raising the fiscal pressure on the gas production industry.

Shale boom in the US, because of which oil production reached record levels over the past 40 years, continues unabated. Oil hardwood on large fields decline in May 57 th. Barrels per day. Office of Energy Information (EIA) predicts US production decline for the first time since the beginning of the publication of these monthly reports in 2013.

Russia's largest  private gas producer Novatek is interested in participating in projects on the shelf of the Russian Federation in the long run, but in the current economic situatuion is not true, told reporters CEO Leonid Michelson. "Today or tomorrow it's probably not actually, but in the future - of course," - he said, when asked, wondering whether Novatek access to offshore projects. The law limits the number of companies that can perform work on the shelf of Russia. Admission has only state-controlled companies with offshore experience of at least five years. In fact, work on the shelf of Russia is limited to "Gazprom" and "Rosneft".

The draft law "On the Natural Gas Market" provides opportunities for reform and liberalization of the sector. This was possible due to the fact that the normative document was based on the best and progressive European practice of the regulation of energy markets, and its provisions consistent with the principles of the EU Third Energy Package and the obligations of Ukraine within the framework of the Energy Community. This was stated by President of the Association "Subsoil users of Ukraine" Roman Storozhev.