KIEV, Jan. 8 – British-based JKX Oil & Gas plc has decided to suspend its 2015 program of capital investment in Ukrainian assets due to increased royalties and limitations on gas sales to industrial consumers, JKX said in a statement on the London Stock Exchange.

"The Board of JKX has decided that the combination of Ukrainian government-imposed restrictions on selling its gas to industrial clients, and the punitive rate of gas production tax requires the company to suspend its planned 2015 capital investment program in Ukraine, until the economic parameters for investment improve," the statement reads.