12th June 2017

Ukrainian Energy Day In London

London, Energy Institute

Sponsor the event

News

Ukrainian Energy Day in London attracts interest from potential investors. On 12th June the UK Energy Institute played host to the Ukrainian Energy Day in London, organised by Stephen Butler and the Strategy Council. Over 120 delegates were in attendance, including present and potential investors representing 13 different countries from across Europe, the Middle East and North America;

Andriy Kobolyev, CEO of Naftogaz of Ukraine confirms his participation. Together with Yuriy Vitrenko, Chief Commercial Officer, they will discuss the implications of the Stockholm arbitration decision, as well as unbundling, European gas purchases and much more;

Ukrnafta delegation to attend Energy Day: Jonathan Popper, EVP, Corporate Development & Strategy, will be joined by Mark Rollins, Chairman of the Executive Board;

Yuliya Kovaliv, Head of the National Investment Council and, until recently, Head of the Supervisory Board of Naftogaz of Ukraine, will share us her views on corporate governance reform within the state-owned energy companies;

Peter Betts, Director, International Climate & Energy, UK Department of Business Energy & Industrial Strategy, to join the speaker panel;

We welcome Vitaliy Radchenko, Partner with CMS Cameron McKenna Nabarro Olswang and, according to Chambers Europe 2017, the only Band 1 lawyer in Energy & Natural Resources in Ukraine, to the speaker faculty;

We were pleased to learn that Trafigura, Corporate Partner of the Energy Day, has officially opened its Ukrainian office and successfully took part in the latest auction of natural gas on 17th May;

Peter O’Brien, Country Manager, Ukraine, EuroCape New Energy, will provide an overview of the renewables sector in Ukraine with specific reference to their Zaporyzhya Wind Park, which is in the advanced stages of development;

Didier Magne, Head of Gas, Europe, TrailStone Group, and Willem Coppoolse, Head of Engie Energy Management Ukraine, will provide first hand insight into the functioning of the gas market in Ukraine and share experiences to date;

Tom Reed, CEO of JKX Oil & Gas and Alastair McBain, CEO of Arawak Energy, will highlight what is required to stimulate further investment in domestic gas production;

Vitaly Butenko, Commercial Director of DTEK Energo, which generates over 25% of Ukraine’s electricity, will highlight the opportunities being created by Ukraine’s new electricity market law;

Mirek Topolánek, Director, International Development & Public Affairs, Eustream, and former Prime Minister of the Czech Republic, confirms his participation days after the Slovak gas TSO signs an MOU on cooperation with Ukraine

Speakers

Olga Bielkova

Deputy Head, Fuel & Energy Committee
Verkhovna Rada of Ukraine

Andriy Kobolyev

Chief executive officer, Chairman of the executive board
Naftogaz of Ukraine

Yuriy Vitrenko

Chief Commercial Officer Naftogaz of Ukraine

Jonathan Popper

Executive Vice President, Corporate Development & Strategy
Ukrnafta

Maksym Maksimentsev

Deputy Chairman Nadra Ukrayny

Sergiy Boyev

Business Development Director
UkrGasVidobuvannya

Graham Tiley

Portfolio & Strategy Manager
Shell International

Professor Alan Riley

Non-Resident Senior Fellow
Atlantic Council

Robert Bensh

Chief Executive Officer
Leadville Resources

Roman Opimakh

Executive Director
Association of Gas Producers of Ukraine

Tom Reed

Chief Executive Officer
JKX Oil & Gas

Anna Galtsova

Associate Director
IHS Markit

Eric Rasmussen

Director, Natural Resources EBRD

Alastair McBain

Chief Executive Officer Arawak Energy

Mirek Topolánek

Director, International Development & Public Affairs, former Prime Minister of the Czech Republic
Eustream

Vitaly Butenko

Commercial Director DTEK Energo

Martijn Beerthuizen

Chief Executive Officer
Sophisticated Systems

Andrew Favorov

Managing Partner
Energy Resources of Ukraine

Peter O’Brien

Country Manager, Ukraine
EuroCape New Energy

Duncan Thomson

Strategy & Business Development Director
Crown Agents

Jan Haizmann

Chairman, Legal Committee EFET

Vitaliy Radchenko

Partner
CMS Cameron McKenna Nabarro Olswang

Partners

Information partners and supporting organisations

British‐Ukrainian Law Association - BULA

Exploration&Production Consulting (ExPro)

British-Ukrainian Chamber of Commerce (BUCC)

Introduction

Overview

The Ukrainian Energy Day in London will provide a unique opportunity for key players in the Ukrainian energy sector to come together with their UK and international counterparts to outline progress being made in the reform of the sector and to highlight the commercial opportunities that are being created as Ukraine takes ambitious steps towards energy independence.

Key topics to be addressed

Ukrainian energy in an international context – how the country is performing in the competition for international capital to realise major projects;
Growing domestic gas production and showcasing the reform, restructuring and modernisation of key state enterprises;
Showcasing opportunities for international operators to partner with state companies on upstream E&P projects;
The key role of the independent gas producers, investor sentiment and capital raising requirements;
Appraising the fiscal regime and what is required to stimulate investment to meet ambitious production growth targets and achieve energy self-sufficiency;
The liberalisation of the gas market, reverse supplies from the EU and the opportunities for international traders and energy companies;
Reform of the management structure of the gas storage and transportation infrastructure as a key condition to create a major regional energy hub;
Opportunities being created in the power sector by the implementation of the 3rd energy package and the pending privatisation of state assets;
The role of renewables, nuclear power and unconventional hydrocarbons in the energy mix – parallels and comparisons with the UK and other countries.

Who will you meet?

Senior Ukrainian, UK and international government officials responsible for energy policy
Top management of state-owned energy companies
Senior executives from the leading independent gas producers in Ukraine
Respected UK energy commentators, influencers and academics
Top management of UK-based and listed oil & gas producers
Commodity finance experts from leading City financial institutions
Top ranked energy analysts from investment banks
Portfolio managers of leading EM institutional investors
Senior representatives of the leading professional services firms advising the energy sector
Senior management from the oil & gas service industry

Programme

08:30 Registration and refreshments
09:30 Chairman’s welcome remarks
Session 1: The Ukrainian Energy Sector In A Pan-European Context
- Ukrainian energy in an international context – how the country is performing in the competition for international capital to realise major projects and attract Foreign Direct Investment to the sector;
- Growing domestic gas production and showcasing the reform, restructuring and modernisation of key state enterprises;
- Showcasing opportunities for international operators to partner with state companies on upstream E&P projects;
- Key dimensions for potential cooperation: equipment and technology supply; oil & gas services outsourcing; field development; institutional cooperation and project financing;
- Corporate governance and transparency in the Ukrainian hydrocarbons sector – the impact of new corporate governance laws and EITI membership;
11:00 Morning refreshments
Session 2: Opportunities In The Ukrainian Upstream Sector
- The key role of the independent gas producers, investor sentiment and capital raising requirements;
- Appraising the fiscal regime and what is required to stimulate investment to meet ambitious production growth targets and achieve energy self-sufficiency. What lessons can be learned from the fiscal regimes of other oil & gas producing countries?
- Developing the oil & gas service industry to support E&P growth – supplementing local experience with the latest global technologies;
- Ukraine’s unconventional gas reserves and their potential contribution towards energy independence. Drawing on the experience of other countries;
13:00 Luncheon
Session 3: The Gas Transportation Sector, Its Unbundling And Modernisation And The Commercial Opportunities Being Created
- The liberalisation of the gas market, reverse supplies from the EU and the opportunities for international traders and energy companies;
- An overview of the Ukrainian gas market, consumption forecasts and tariff structures. Where the opportunities exist for international energy companies to participate and experiences to date;
- Reform of the management structure of the gas storage and transportation infrastructure as a key condition to create a major regional energy hub;
- Progress report on establishing the new GTS operator and negotiations with potential investors;
- The unbundling of the transmission and distribution system operators and the creation of Main Gas Pipelines of Ukraine and Underground Storage Facilities of Ukraine. When will the transfer of assets and staff to the new independent and separate bodies take effect?
15:45 Afternoon refreshments
Session 4: Electricity Market Reform And The Outlook For The Further Privatisation Of Energy Assets
- Opportunities being created in the power sector by the implementation of the 3rd energy package and the pending privatisation of state assets;
- The role of renewables, nuclear power and unconventional hydrocarbons in the energy mix – parallels and comparisons with the UK and other countries;
- Is the Green Tariff working and encouraging investment in renewable projects? What is required to stimulate further growth in the sector?
- PLUS: One-to-one meetings with Ukrainian officials and senior representatives of key state-owned companies
18:00 Drinks reception