Dark clouds over the Ukrainian gas market reform:
Gespeichert in:
Beteiligte Personen: | , |
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Format: | Elektronisch E-Book |
Sprache: | Englisch |
Veröffentlicht: |
Warszawa [Poland]
Ośrodek Studiów Wschodnich im. Marka Karpia
2017
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Schlagwörter: | |
Links: | https://www.ceeol.com/search/gray-literature-detail?id=588535 |
Beschreibung: | In September, three out of five members of the supervisory board of Naftogaz, Ukraine's largest gas company, announced their resignation and accused the government of stepping up political interference in the company's activity and blocking measures aimed at reforming the company. This represents yet another instance of the fight for control over Naftogaz and its profit-making subsidiaries, Ukrgazvydobuvannya (which extracts over 70% of Ukraine's gas) and Ukrtransgaz (the transit pipeline and gas storage facilities operator), which has been gaining momentum in recent months. On one side of the dispute lies what is broadly understood as the ruling camp (the surrounding of the president and the prime minister), while the other side is the pro-reform management of Naftogaz, headed by Andriy Kobolev and backed by Western institutions. It seems that the government's goal is to regain control over Naftogaz, including over financial flows between its subsidiaries. The mounting conflict has resulted in a cessation of the gas sector reform, which has been ongoing for over a year. Reforming the gas market had hitherto been viewed as one of the biggest successes of the state modernisation programme that was launched after the Maidan Revolution. Moreover, this halting of the reform process poses the risk that it may subsequently be abandoned entirely |
Umfang: | 1 Online-Ressource(1 p. 6) |
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indexdate | 2024-12-20T19:39:57Z |
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language | English |
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publisher | Ośrodek Studiów Wschodnich im. Marka Karpia |
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spelling | Konończuk, Wojciech Verfasser aut Dark clouds over the Ukrainian gas market reform Warszawa [Poland] Ośrodek Studiów Wschodnich im. Marka Karpia 2017 Frankfurt M. CEEOL 2017 1 Online-Ressource(1 p. 6) txt rdacontent c rdamedia cr rdacarrier In September, three out of five members of the supervisory board of Naftogaz, Ukraine's largest gas company, announced their resignation and accused the government of stepping up political interference in the company's activity and blocking measures aimed at reforming the company. This represents yet another instance of the fight for control over Naftogaz and its profit-making subsidiaries, Ukrgazvydobuvannya (which extracts over 70% of Ukraine's gas) and Ukrtransgaz (the transit pipeline and gas storage facilities operator), which has been gaining momentum in recent months. On one side of the dispute lies what is broadly understood as the ruling camp (the surrounding of the president and the prime minister), while the other side is the pro-reform management of Naftogaz, headed by Andriy Kobolev and backed by Western institutions. It seems that the government's goal is to regain control over Naftogaz, including over financial flows between its subsidiaries. The mounting conflict has resulted in a cessation of the gas sector reform, which has been ongoing for over a year. Reforming the gas market had hitherto been viewed as one of the biggest successes of the state modernisation programme that was launched after the Maidan Revolution. Moreover, this halting of the reform process poses the risk that it may subsequently be abandoned entirely Energy and Environmental Studies Economic policy Environmental and Energy policy Developing nations Geopolitics Matuszak, Sławomir aut |
spellingShingle | Konończuk, Wojciech Matuszak, Sławomir Dark clouds over the Ukrainian gas market reform Energy and Environmental Studies Economic policy Environmental and Energy policy Developing nations Geopolitics |
title | Dark clouds over the Ukrainian gas market reform |
title_auth | Dark clouds over the Ukrainian gas market reform |
title_exact_search | Dark clouds over the Ukrainian gas market reform |
title_full | Dark clouds over the Ukrainian gas market reform |
title_fullStr | Dark clouds over the Ukrainian gas market reform |
title_full_unstemmed | Dark clouds over the Ukrainian gas market reform |
title_short | Dark clouds over the Ukrainian gas market reform |
title_sort | dark clouds over the ukrainian gas market reform |
topic | Energy and Environmental Studies Economic policy Environmental and Energy policy Developing nations Geopolitics |
topic_facet | Energy and Environmental Studies Economic policy Environmental and Energy policy Developing nations Geopolitics |
work_keys_str_mv | AT kononczukwojciech darkcloudsovertheukrainiangasmarketreform AT matuszaksławomir darkcloudsovertheukrainiangasmarketreform |