The Cabinet of Ministers of Ukraine is committed to create
favourable environment to ensure the implementation of the key provisions contained
in the Concept of development of gas production industry of Ukraine up to 2020.
Vice Prime Minister of Ukraine Volodymyr Kistion
announced at the opening of the Second “Ukrainian Gas
Investment Forum '17”.
"The Government is eager to provide comprehensive support
to the market participants for the implementation of core objectives of the
Concept of development of gas industry of Ukraine until 2020, as well as to improve
investment conditions," said Volodymyr Kistion.
He reminded that the Concept had been adopted by the
Government in December of last year, and the essential target stipulated in
this document was growing domestic production of natural gas up to 27 billion
"A key goal included in the Concept is to reduce
Ukraine's dependence on gas imports and to enhance energy security of the state.
A target until 2020 is to increase extraction of Ukrainian gas up to 27 billion
cubic meters", noted the Vice Prime Minister.
Volodymyr Kistion accentuated that
to realize the set goal is required the cooperation of all stakeholders.
"It is crucial to ensure synergy among officials, MPs,
representatives of the gas extracting companies and gas industry associations
in execution of the Concept of development of gas production", said Volodymyr
Kistion, adding the Government, for its part, will
support introduction of legislative changes necessary to increase domestic gas