Ukrainian Energy Forum

Raising domestic output, diversity and security of supply through reform, transparency and modernisation

27 February - 1 March 2018


Senior energy executives


Countries represented


Topics on discussion

Overview of the UEF-2015

At the beginning of March 2015, the eagerly-anticipated 6th annual Ukrainian Energy Forum took place in Kyiv, bringing together 300 senior energy executives from 20 countries. Such a large gathering is testimony to the importance of Ukraine’s (and the region’s) energy security and also highlights the investment opportunities that Ukraine’s underdeveloped hydrocarbon reserves offer.
The 2015 Forum will be remembered for unprecedented levels of debate and dialogue, most importantly between government officials and market participants. Prime examples included:

Deputy Finance Minister Denys Fudashkin joining a lengthy debate with leading independent gas producers, including Burisma, JKX and Karpatygaz, on the serious impact that the raising of tax on gas production has had on domestic output and the producers’ investment programmes;

Yuri Vitrenko, Business Development Director of NAK Naftogaz of Ukraine, remained on stage for the whole of the first afternoon and took part in a lively debate on the restructuring of Naftogaz and the reform of the gas sector, featuring such international energy experts as Dr Ariel Cohen and Ambassador Keith Smith and leading domestic commentators, including Mykhailo Gonchar and former Minister Ivan Plachkov;

National Energy & Communal Services Regulatory Commissioners, Andriy Gerus and Volodymyr Evdokimov, outlined at length the reforms they are undertaking in the sector. Andriy Gerus took part in a heated discussion with leading renewables developers, such as Eurocape, DTEK Wind Power, Rengy, Eco-Optima and Wind Parks of Ukraine, about the threat to the viability of projects which changes to the green tariff have created;

Members of the parliamentary Fuel & Energy Committee, including its Head Mykola Martynenko, took part in sessions each day, although the Rada was sitting and representatives of both the Ministry of Energy & Coal and Ministry of Ecology & Natural Resources, including the respective Deputy Ministers, Oleksandr Svetelik and Sergiy Kurykin, were on hand throughout

Other highlights included Janez Kopač, Head of the Energy Community Secretariat, outlining what remains to be done for Ukraine to fully comply with the 3rd European energy package and Mantas Bartuška, CEO of Klaipedas Nafta, outlining how the Lithuanian LNG Terminal project was realised

As always, the most popular contributors were the leading energy companies, including the likes of Shell, DTEK, Arawak, Cadogan, KUB-GAZ, Shelton, Geo Alliance and Naftogazvydobuvannya, who outlined their development strategies and put forward their views on how to raise domestic production