At the end of January, the oil and gas industry of Ukraine was in the center of attention of investors in Oslo and London. During the Ukrainian-Norwegian business forum, which was held in Oslo on January 28, the Prime Minister of Ukraine Volodymyr Groysman invited Norwegian investors to participate in auctions for the sale of special permits for the use of oil and gas-bearing subsoils, which were launched in Ukraine.
JSC "Ukrgazvydobuvannya" became the champion in terms of the number of applications (9 applications). However, the biggest surprise was the practice of joint partnership participation in production sharing agreement tenders of Ukrainian companies with international ones. Observers have already called this fact an unprecedented practice for Ukraine.
Each new Government, coming to power in Ukraine, announces reforms and a "crusade" for investments in the gas industry.
The increase in global natural gas prices is the result of several factors. First of all, in the year of the COVID-19 pandemic, after the warm winter of 2019-2020, the record cold winter of 2020-2021 came, which provoked an increase in gas demand in Europe and the world. All volumes of gas were maximally raised from UGS.