Mission
To promote the further development and modernisation of Ukraine’s energy sector by attracting investment, in support of the vision of a more energy self-reliant Ukraine.
General Objectives
In order to attract such investment, there need to be
• Acceptable economic conditions
• Market transparency and a level playing field
• A stable regulatory framework
• Sanctity of contract
These objectives will be pursued in specialised sub-committees (Upstream Oil and Gas, Downstream, Utilities)
Priorities
Oil and Gas Upstream
• Proposals to improve the licensing process
• Active promotion of Production Sharing Agreements
• Action plan on Acceptable Economic Conditions
• Proposals on improved data access
Downstream
• Proposals to modernize refinery, improve quality of petroleum products and retail
• Secure transparent, relevant and stable legislation and taxation
• Secure equal competition for all participants of Ukrainian oil and petroleum products market |