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Important changes in the production sharing legislation

CMS Cameron McKenna
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Ukraine
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November 23 2012

On 2 October the Ukrainian parliament passed a law (No. 5406-VI) which introduced a number of important and welcome amendments to the production-sharing regime for oil, gas and mineral exploration and production activities in Ukraine (the “Amendment”

Ukraine: procedure for calculating local content for feed-in tariffs adopted

CMS Cameron McKenna
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Ukraine
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November 9 2012

New renewable energy projects affected by the local content (“LC”) requirement for benefiting from the Ukrainian feed-in tariff will now be able to assess whether they meet it, following the publication on 19 October of the procedure for calculating the LC share of a renewable energy power plant

New procedure for access to the gas transportation system

CMS Cameron McKenna
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Ukraine
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June 21 2012

On 19 April 2012 the National Commission on State Regulation of the Energy Sector of Ukraine (“NERC”) adopted Resolution No 420 “On Adoption of the Procedure for Granting Access to the Unified Gas Transportation System of Ukraine” (the “Procedure”

Government announces two PSA tenders for large unconventional gas areas

CMS Cameron McKenna
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Ukraine
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December 22 2011

The Cabinet of Ministers of Ukraine (“CMU”) will soon be holding two tenders for the exploration and extraction of hydrocarbons at the Oleska and Yuzivska areas on the terms of a production sharing agreement (“PSA”) to be concluded with the State, represented by the CMU

Recent changes to production sharing agreements law

CMS Cameron McKenna
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Ukraine
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December 15 2011

Over the past few months the Ukrainian Parliament has made two important changes to the legislative framework governing production sharing agreements for exploration and extraction of minerals

Changes to the local content requirement for renewable energy projects

CMS Cameron McKenna
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Ukraine
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December 14 2011

On 8 December 2011, the President signed an amendment to Art. 17-1 of the Law on Power Industry, aimed to give a better understanding of the impact of a so called ‘local content requirement’ on renewable energy projects

Change to local content requirement for renewable energy sector

CMS Cameron McKenna
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Ukraine
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June 22 2011

On 17 June 2011, the Ukrainian Parliament passed a law amending Article 17-1 of the Law of Ukraine “On the Electric Power Industry” in respect of a so-called ‘local content requirement’ (“LCR”

New, stable procedure for holding auctions for subsoil use permits adopted

CMS Cameron McKenna
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Ukraine
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June 20 2011

On 30 May 2011, the Cabinet of Ministers of Ukraine adopted a new procedure governing the auction sales of special permits for subsoil use (“Procedure”), which is now not limited to the span of the 2011 calendar year, and will apply onwards

Natural gas export restriction lifted

CMS Cameron McKenna
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Ukraine
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June 20 2011

On 17 June 2011, the Ukrainian Parliament adopted amendments to the Law of Ukraine “On Principles of Natural Gas Market Functioning” No. 2467-IV, dated 8 July 2010 (“Gas Market Law”

Regulation on the tax-exempt import of biofuel equipment adopted

CMS Cameron McKenna
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Ukraine
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June 15 2011

The Cabinet of Ministers of Ukraine has recently adopted Resolution No. 581, establishing a procedure for tax exempt import of machinery, vehicles and other equipment that falls under the customs codes stipulated by Article 7 of the Law of Ukraine “On the Alternative Types of Fuel”

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