The updated Action Plan implementing the Concept for Development of Ukraine’s Gas Production Industry by 2020 has been approved | DiXi Group
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The updated Action Plan implementing the Concept for Development of Ukraine’s Gas Production Industry by 2020 has been approved

DiXi Group think tank welcomes the Government’s decision to update the Action Plan implementing the Concept for Development of Ukraine’s Gas Production Industry by 2020.

The amendments to the Action Plan were drafted by the Working Group consisting of the representatives of the Ministry of Energy and Coal Industry, the Ministry of Ecology, the State Service of Geology and Mineral Resources, American Chamber of Commerce in Ukraine, European Business Association, Association of Gas Producers of Ukraine, UKRGAZVYDOBUVANNYA PJSC, EBRD and invited experts.

The Group conducted multi-stage discussions and finalized the document engaging the representatives from other governmental authorities and stakeholders, in particular diplomatic missions, Energy Regulator of Alberta Province (Canada), World Bank, GIZ, UNDP in Ukraine, Secretariat of Extractive Industries Transparency Initiative (EITI) in Ukraine, experts of the Natural Resource Governance Institute (NRGI) and Omidyar Network.

The document incorporates the measures proposed in the Roadmap for Resource Governance Policy Reform developed by DiXi Group with NRGI’s support. The implementation of the updated Action Plan is expected to contribute to the improvement of the business climate in the extractive sector.

Ukraine Government portal says they expect ease of access to geological information, transition to electronic format of sharing information between extractive companies and executive authorities, establishing of a portal to provide access to information about Ukrainian resources as well as drafting of a new version of the Subsoil Code.

It must be noted that DiXi Group analytics, in the scope of the UNDP Project with the support from the government of Slovakia, initiated updating of the Action Plan in autumn 2017.

The Concept for Development of Ukraine’s Gas Production Industry was adopted on December 28, 2016 and envisages increasing of domestic natural gas production by 2020, raising of investments in extractive regions, better sector governance, transparency improvement as well as ensuring compliance with social standards.

Comments

Ukraine will fully disclose extraction contracts according to the EITI Standard

Olha Polunina

Manager for Sustainable Development at DiXi Group

Ukraine will fully disclose extraction contracts according to the EITI Standard

The major achievement of the adopted amendments is the legislative requirement to fully disclose all contracts between extractive companies and the government

Disclosure of resource extraction contracts is important for Ukraine’s compliance with international environmental conventions

Olha Polunina

Manager for Sustainable Development

Disclosure of resource extraction contracts is important for Ukraine’s compliance with international environmental conventions

Ukraine has time until July 2022 to submit a plan of action, including a time schedule, and until October 2023 to provide a detailed progress report.

Ukraine Follows a Fossil Fuel Recovery Pathway

Yuliia Oharenko

expert of the DiXi Group project “Promoting Ukraine's Participation in the European Green Deal in the fields of energy and environment”

Ukraine Follows a Fossil Fuel Recovery Pathway

Despite multiple political statements supporting the European Green Deal and announced plans for the development of a joint with the EU Roadmap, Ukraine is moving in an opposite direction. These are the results of Energy Policy Tracker

The “Augean stables” of the extractive sector: is there any progress?

The “Augean stables” of the extractive sector: is there any progress?

The practice of procuring special extraction permits and then sitting idle on them for decades is unacceptable from the viewpoint of Ukraine’s energy independence and national security, raising budget revenues and the country’s investment attractiveness.

Ukraine improves its ranking under the EITI Standard

Olha Polunina

Manager for Sustainable Development at DiXi Group

Ukraine improves its ranking under the EITI Standard

The EITI Board acknowledged Ukraine’s efforts concerning disclosure of beneficial ownership information, creation of an online EITI reporting portal, and the launch of EITI implementation monitoring and assessment at national level.

Тижневик

Our platforms

https://ksep.energy/en/

Independent energy educational center

http://eiti.org.ua/

National website of Extractive Industries Transparensy Initiative in Ukraine 

http://ua-energy.org/

Information and analitical website “Ukrainian Energy UA-Energy.org” is unique   platform to inform

Our platforms

https://ksep.energy/en/

Independent energy educational center

http://eiti.org.ua/

National website of Extractive Industries Transparensy Initiative in Ukraine 

http://ua-energy.org/

Information and analitical website “Ukrainian Energy UA-Energy.org” is unique   platform to inform