Naftogaz Ukrainy CEO Andriy Kobolev has called on gas market players in Ukraine to create gas reserve stocks in the conditions of a threat of termination of contracts with Russia's Gazprom from January 1, 2020.

Mr. Abdul-Mahdi gave high appraisal of LUKOIL's operations in the country and expressed support for the intention to deliver first production at Eridu field ahead of time.

Gazprom is ready to continue the contract for gas transit to European countries with Ukraine, Chief Executive Officer of the Russian gas holding Alexei Miller said on Friday at a meeting of the Russian Prime Minister with Ukrainian politicians.

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

Ukraine's Naftogaz wants Russia's Gazprom to comply with EU-style entry/exit gas capacity booking rules from 2020, as well as committing to a minimum throughput volume, its executive director Yuriy Vitrenko said in an interview.

PLATTS - Ukraine is preparing for zero Russian gas transit flows in 2020 once Russia's 55 Bcm/year Nord Stream 2 gas link to Germany comes online, but European gas supply security will not be disrupted, a senior Naftogaz executive said

LUKOIL - In 2018, profit attributable to shareholders amounted to RUB 619.2 bln, 47.8% higher year-on-year. The growth was constrained by higher DD&A due to the launch of new production facilities.

LUKOIL - According to the SEC classification, the Company's proved hydrocarbon reserves totaled 15.9 billion barrels of oil equivalent, 76% of which stood for liquids. The proved reserves replacement ratio for liquids totaled 101%. In Russia, the main region of LUKOIL's operations, the replacement ratio reached 127%. The Company's proved hydrocarbon reserves life is 19 years.

WBG - The report argues that reforms in three areas, in particular, are needed to reignite productivity growth: 1) creating supportive conditions for private sector development by adjusting the role of the state; 2) addressing corporate debt overhang by strengthening the legal framework, strengthening the financial system, and shoring-up the fiscal position of the government; and 3) strengthening Ukraine’s markets by lifting the moratorium on agriculture land sales and increasing incentives to accumulate savings and human capital.

LUKOIL - In 2018 LUKOIL Group's average hydrocarbon production excluding West Qurna-2 project was 2,319 thousand boe per day, which is 3.8% higher year-on-year. In the fourth quarter of 2018 production increased by 1.9% quarter-on-quarter and averaged 2,371 thousand boe per day. The increase was mainly driven by the development of gas projects in Uzbekistan.