Industry Trend Analysis - Temporary Production Support To Give Way - APR 2017
BMI View: Short term production support from state-owned producers will mitigate against ongoing gas production declines in the country. However ongoing fiscal, regulatory and security uncertainty will continue to limit production over the longer-term.
2016 Growth, UGV Offering Limited Upside
A marginal increase in Ukrainian gas production over 2016 reflects the ambitious growth strategy of state owned Ukrgasvydobuvannya (UGV). We highlight the risk of a limited increase in domestic gas production in Ukraine over the next two to three years, as UGV implements its '20/20 Strategy Plan'.
|Bleak Long Term Outlook|
|Ukraine: Natural Gas Production|
|f = BMI forecast. Source: Naftogas, BMI/EIA|