LONDON, July 4 – It is planned to conduct an IPO for 15% of the shares in public joint-stock company Ukrgazvydobuvannia in 2015, chief adviser of board chairman of Naftogaz Ukrayiny Yuriy Vitrenko said at the Ukraine’s European Vector: Impact on Business conference organized by Concorde Capital investment company in London.

KHARKIV, July 4 - Biliayivska-400 well (Pervomaisk district, Kharkiv region) drilled under a production sharing agreement (PSA) between Shell and public joint-stock company Ukrgazvydobuvannia will be mothballed due to an unsatisfactory production rate, the director of the ecology and labor protection department of the representative office of Shell in Ukraine, Tetiana Bobrovytska said.

KIEV, July 4 - Ukraine needs to reform its natural gas transportation system in order to remain a key transporter of gas to consumers in Europe, Andriy Kobolev, the head of Naftogaz Ukrayiny, said Friday.

KIEV, July 4 - Ukraine will cut natural gas consumption by 20%, or by 6 billion cubic meters, in order to survive the winter without Russian gas supplies, Andriy Kobolev, the head of Naftogaz Ukrayiny, said Friday.

MOSCOW, July 6 – Naftogaz Ukrayiny has reduced the amount of gas it imports from Russia by about 50% in July compared with June, according to data from Russia's Fuel and Energy Central Dispatch Service.

Ukraine imported 128 million cubic meters (mcm) of Russian gas a day on average in June. The maximum for the month was 146 mcm.

KIEV, July 5 – The Arbitration Institute of the Stockholm Chamber of Commerce has ordered Ukrnafta, the country's largest oil extracting company, to pay $146.9 million to Carpatsky Petroleum Corporation (Delaware, the United States) in reimbursement for its failure to fulfill an agreement on the joint development of the Rudivske-Krasnozavodske gas condensate field (Poltava region).

KIEV, July 6 – The Emergencies Ministry expects that France's Novarka concern in September will submit a working project on the construction of a new safe containment structure at the Chernobyl Shelter facility to Chernobyl nuclear power plant, which ordered the project, Volodymyr Kholosha, the head of the State Agency for the Chernobyl Exclusion Zone Management, has said.

KIEV, July 5 – Accusations that Ukraine violated the copyrights of Russian designers while concluding a contract with China on the construction of small landing ships at Feodosiya’s Morye shipyard are groundless, a high-ranking military source told Interfax-Ukraine.

KIEV, July 5 – Ukraine's current account deficit tripled in May compared to April, to $746 million, while the surplus of the account for transactions with capital and financial transactions fell by 40%, to $767 million, reads a posting on the Web site of the National Bank of Ukraine.

KIEV, July 6 – The Ukrainian government has instructed several ministries to draw up a feasibility study for the upgrade of the Ukrainian gas transport system and the country's underground gas storage facilities.