Oil and Gas Industry in Ukraine - Forecast and Analysis 2021
The Ukraine oil and gas is a strategically important industry for the government, which has been making all attempts to gain independence from foreign oil and gas imports. The COVID-19 pandemic hit Ukraine particularly hard in the fourth quarter of 2020, with the cases rising dramatically. With a raging pandemic, Ukraine's economy also contracted by 5.5% in 2020, though it is expected that the economy will bounce back in 2021.
The COVID-19 pandemic is likely to affect Ukraine's oil and gas industry on the demand side, as the nationwide lockdown and recession have impacted fuel usage across all sectors. With a decline expected in all oil and gas sectors in the short term, oil and gas companies are likely to bounce back in the longer term.
Ukraine remains an important transit country for oil and gas from Russia to other European markets. Though the country has relatively vast gas reserves, the country has relied on Russia for most of its natural gas requirements. In recent years, however, Ukraine has been actively seeking to diversify its oil and gas supplies due to growing political tensions with Russia. Keeping with this, in early 2019, the government launched a series of licensing rounds and opened a public tender for 12 blocks. However, it is essential now that the government's fiscal policies remain stable for the industry to attract foreign players.
Aruvian Research presents an in-depth analysis of the Oil and Gas Industry of Ukraine in its research report Oil and Gas Industry in Ukraine – Forecast and Analysis 2021. The report covers the following data:
The COVID-19 pandemic is likely to affect Ukraine's oil and gas industry on the demand side, as the nationwide lockdown and recession have impacted fuel usage across all sectors. With a decline expected in all oil and gas sectors in the short term, oil and gas companies are likely to bounce back in the longer term.
Ukraine remains an important transit country for oil and gas from Russia to other European markets. Though the country has relatively vast gas reserves, the country has relied on Russia for most of its natural gas requirements. In recent years, however, Ukraine has been actively seeking to diversify its oil and gas supplies due to growing political tensions with Russia. Keeping with this, in early 2019, the government launched a series of licensing rounds and opened a public tender for 12 blocks. However, it is essential now that the government's fiscal policies remain stable for the industry to attract foreign players.
Aruvian Research presents an in-depth analysis of the Oil and Gas Industry of Ukraine in its research report Oil and Gas Industry in Ukraine – Forecast and Analysis 2021. The report covers the following data:
- An in-depth coverage of the energy industry in Ukraine by sectors (Electricity, Coal, Heat Transmission and Distribution), Oil, Natural Gas).
- Market structure of these segments, energy interconnections and regional energy markets, regulatory landscape, energy efficiency, and energy security in Ukraine are examined. We also look at the reliability of Ukraine's energy sector and the emergency response policies of the government.
- To understand the Ukrainian oil and gas industry situation, it is essential to look at the oil and gas sector in Central and Eastern European (CEE) countries. The report includes an overview of CEE's oil and gas industry, including a forecast up to 2029.
- A Porter's Five Forces Strategic Analysis of the European Oil and Gas Industry is included that looks at the bargaining power of buyers and suppliers, competitive rivalry in the industry, and the threat of new entrants and industry substitution.
- Coming to the analysis of the oil and gas industry in Ukraine, the report includes statistics from 2018 to 2029. An industry overview is followed by the impact of the COVID-19 pandemic on Ukraine's oil and gas industry. Upstream exploration, along with a comprehensive look at the 2019 licensing rounds and major upstream projects, is included. Refining capacity, the market for refined fuels, and oil trade statistics are all included.
- Data from upstream gas production and consumption, shale gas market, and gas trade statistics are also included in the report.
- We take an up-close view of the Ukrainian regulatory framework governing the oil and gas industry, followed by a SWOT analysis of the sector.
- Ukraine is often plagued by an aging infrastructure in the oil and gas industry, and we dedicate a section to explore the oil and gas infrastructure in Ukraine through oil refineries and pipelines and gas pipelines.
- Competition in the industry, along with an in-depth analysis of the major player, Naftogaz Ukrainy, is included.
A. EXECUTIVE SUMMARY
B. INDUSTRY DEFINITION
C. ENERGY INDUSTRY IN UKRAINE
C.1 Overview of Resources
C.2 Infrastructure and Investment in the Energy Sector
C.2.1 Electricity
C.2.2 Coal
C.2.3 Heat Transmission and Distribution
C.2.4 Oil
C.2.5 Natural Gas
C.2.6 Importance of Cross-border Infrastructure
C.3 Market Structure
C.3.1 Electricity
C.3.2 Coal
C.3.3 Oil and Natural Gas
C.3.4 Nuclear
C.3.5 Large Hydropower & Renewable Energy
C.4 Energy Interconnections and Regional Energy Markets
C.5 Regulatory Landscape
C.6 Energy Security in Ukraine
C.7 Energy Efficiency in Ukraine
C.8 Fuel Switching in Ukraine
C.9 Reliability of the Energy Sector
C.10 Energy Research and Development
C.11 Emergency Response Policies
D. OIL AND GAS IN CENTRAL AND EASTERN EUROPE (CEE)
D.1 Overview
D.2 Oil Production
D.3 Refining Capacity
D.4 Consumption of Refined Products
D.5 Gas Production & Consumption
E. OIL & GAS INDUSTRY IN EUROPE: PORTER’S FIVE FORCES ANALYSIS
E.1 Introduction
E.2 Bargaining Power of Buyer
E.3 Bargaining Power of Suppliers
E.4 Competitive Rivalry in the Industry
E.5 Threat of New Entrants
E.6 Threat of Industry Substitution
F. OIL AND GAS INDUSTRY IN UKRAINE
F.1 Industry Overview
F.2 Impact of Covid-19
F.3 Upstream Exploration
F.3.1 2019 Licensing Rounds
F.3.2 Major Upstream Projects
F.4 Refining Capacity
F.5 Refined Fuels
F.6 Oil & Refined Fuels Import/Export
F.7 Upstream Gas Production
F.8 Gas Consumption
F.9 Shale Gas in Ukraine
F.10 Gas Import/Export
G. UKRAINE OIL AND GAS: REGULATORY LANDSCAPE
G.1 Overview
G.2 Licensing Regime
G.3 Fiscal Regime
H. UKRAINE OIL AND GAS: SWOT ANALYSIS
H.1 Strengths to Build Upon
H.2 Weaknesses to Overcome
H.3 Opportunities to Exploit
H.4 Threats to Overcome
I. OIL AND GAS INFRASTRUCTURE IN UKRAINE
I.1 Oil Refineries and Pipelines
I.2 Gas Pipelines
J. UKRAINE OIL AND GAS: COMPETITION IN THE INDUSTRY
K. UKRAINE OIL AND GAS: MAJOR PLAYERS
K.1 Naftogaz Ukrainy
K.1.1 Company Analysis
K.1.2 Industry Updates
K.1.3 SWOT Analysis
L. UKRAINE OIL AND GAS INDUSTRY FORECAST
L.1 Upstream Exploration
L.2 Upstream Oil Production
L.3 Refining & Refined Fuels Sector
L.4 Oil & Refined Fuels Import/Export
L.5 Upstream Gas Production
L.6 Gas Consumption
L.7 Gas Import/Export
M. GLOSSARY OF TERMS
N. RESEARCH METHODOLOGY
O. DISCLAIMER
B. INDUSTRY DEFINITION
C. ENERGY INDUSTRY IN UKRAINE
C.1 Overview of Resources
C.2 Infrastructure and Investment in the Energy Sector
C.2.1 Electricity
C.2.2 Coal
C.2.3 Heat Transmission and Distribution
C.2.4 Oil
C.2.5 Natural Gas
C.2.6 Importance of Cross-border Infrastructure
C.3 Market Structure
C.3.1 Electricity
C.3.2 Coal
C.3.3 Oil and Natural Gas
C.3.4 Nuclear
C.3.5 Large Hydropower & Renewable Energy
C.4 Energy Interconnections and Regional Energy Markets
C.5 Regulatory Landscape
C.6 Energy Security in Ukraine
C.7 Energy Efficiency in Ukraine
C.8 Fuel Switching in Ukraine
C.9 Reliability of the Energy Sector
C.10 Energy Research and Development
C.11 Emergency Response Policies
D. OIL AND GAS IN CENTRAL AND EASTERN EUROPE (CEE)
D.1 Overview
D.2 Oil Production
D.3 Refining Capacity
D.4 Consumption of Refined Products
D.5 Gas Production & Consumption
E. OIL & GAS INDUSTRY IN EUROPE: PORTER’S FIVE FORCES ANALYSIS
E.1 Introduction
E.2 Bargaining Power of Buyer
E.3 Bargaining Power of Suppliers
E.4 Competitive Rivalry in the Industry
E.5 Threat of New Entrants
E.6 Threat of Industry Substitution
F. OIL AND GAS INDUSTRY IN UKRAINE
F.1 Industry Overview
F.2 Impact of Covid-19
F.3 Upstream Exploration
F.3.1 2019 Licensing Rounds
F.3.2 Major Upstream Projects
F.4 Refining Capacity
F.5 Refined Fuels
F.6 Oil & Refined Fuels Import/Export
F.7 Upstream Gas Production
F.8 Gas Consumption
F.9 Shale Gas in Ukraine
F.10 Gas Import/Export
G. UKRAINE OIL AND GAS: REGULATORY LANDSCAPE
G.1 Overview
G.2 Licensing Regime
G.3 Fiscal Regime
H. UKRAINE OIL AND GAS: SWOT ANALYSIS
H.1 Strengths to Build Upon
H.2 Weaknesses to Overcome
H.3 Opportunities to Exploit
H.4 Threats to Overcome
I. OIL AND GAS INFRASTRUCTURE IN UKRAINE
I.1 Oil Refineries and Pipelines
I.2 Gas Pipelines
J. UKRAINE OIL AND GAS: COMPETITION IN THE INDUSTRY
K. UKRAINE OIL AND GAS: MAJOR PLAYERS
K.1 Naftogaz Ukrainy
K.1.1 Company Analysis
K.1.2 Industry Updates
K.1.3 SWOT Analysis
L. UKRAINE OIL AND GAS INDUSTRY FORECAST
L.1 Upstream Exploration
L.2 Upstream Oil Production
L.3 Refining & Refined Fuels Sector
L.4 Oil & Refined Fuels Import/Export
L.5 Upstream Gas Production
L.6 Gas Consumption
L.7 Gas Import/Export
M. GLOSSARY OF TERMS
N. RESEARCH METHODOLOGY
O. DISCLAIMER
LIST OF FIGURES
Figure 1: Oil Production in CEE Countries, 2018-2029
Figure 2: Fuel Production and Refining Capacity in CEE Countries (in '000 b/d), 2018-2029
Figure 3: Fuel Demand in CEE Countries (in '000 b/d), 2018-2029
Figure 4: Natural Gas Production in CEE Countries, 2018-2029
Figure 5: Real GDP Growth Rate in CEE Countries (%), 2020 and 2021
Figure 6: Consumption and Generation of Natural Gas in CEE Countries, 2018-2029
Figure 7: Porter's Five Forces Analysis of the European Oil & Gas Industry
Figure 8: Bargaining Power of Buyers in the European Oil & Gas Industry
Figure 9: Bargaining Power of Suppliers in the European Oil & Gas Industry
Figure 10: Competitive Rivalry in the European Oil & Gas Industry
Figure 11: Threat of New Entrants in the European Oil & Gas Industry
Figure 12: Threat of Substitution in the European Oil & Gas Industry
Figure 13: Impact of Covid-19 on Real GDP Growth & Consumption of Refined Products in Ukraine, 2018-2024
Figure 14: Estimates of Shale Gas/Oil in Eastern Europe
Figure 15: Forecast of Oil Production in Ukraine, 2018-2029
Figure 16: Forecast of the Refining Capacity in Ukraine, 2018-2029
Figure 17: Consumption and Production Forecast of Refined Fuels in Ukraine, 2018-2029
Figure 18: Forecast of Net Exports of Refined Products in Ukraine, 2018-2029
Figure 19: Forecast of Gas Production in Ukraine, 2018-2029
Figure 20: Forecast of Gas Production and Consumption in Ukraine, 2018-2029
Figure 21: Forecast of Net Gas Exports in Ukraine, 2018-2029
Figure 1: Oil Production in CEE Countries, 2018-2029
Figure 2: Fuel Production and Refining Capacity in CEE Countries (in '000 b/d), 2018-2029
Figure 3: Fuel Demand in CEE Countries (in '000 b/d), 2018-2029
Figure 4: Natural Gas Production in CEE Countries, 2018-2029
Figure 5: Real GDP Growth Rate in CEE Countries (%), 2020 and 2021
Figure 6: Consumption and Generation of Natural Gas in CEE Countries, 2018-2029
Figure 7: Porter's Five Forces Analysis of the European Oil & Gas Industry
Figure 8: Bargaining Power of Buyers in the European Oil & Gas Industry
Figure 9: Bargaining Power of Suppliers in the European Oil & Gas Industry
Figure 10: Competitive Rivalry in the European Oil & Gas Industry
Figure 11: Threat of New Entrants in the European Oil & Gas Industry
Figure 12: Threat of Substitution in the European Oil & Gas Industry
Figure 13: Impact of Covid-19 on Real GDP Growth & Consumption of Refined Products in Ukraine, 2018-2024
Figure 14: Estimates of Shale Gas/Oil in Eastern Europe
Figure 15: Forecast of Oil Production in Ukraine, 2018-2029
Figure 16: Forecast of the Refining Capacity in Ukraine, 2018-2029
Figure 17: Consumption and Production Forecast of Refined Fuels in Ukraine, 2018-2029
Figure 18: Forecast of Net Exports of Refined Products in Ukraine, 2018-2029
Figure 19: Forecast of Gas Production in Ukraine, 2018-2029
Figure 20: Forecast of Gas Production and Consumption in Ukraine, 2018-2029
Figure 21: Forecast of Net Gas Exports in Ukraine, 2018-2029
LIST OF TABLES
Table 1: Key Oil & Gas Indicators in Ukraine, 2018-2024
Table 2: 2019 Licensing Rounds in Ukraine
Table 3: Major Upstream Projects in Ukraine
Table 4: Capacity of Reverse Flow Gas Pipeline Connections from EU to Ukraine
Table 5: Licensing Regime in Ukraine
Table 6: Terms of Fiscal Regime in Ukraine
Table 7: Oil Refineries in Ukraine
Table 8: Major Upstream Players
Table 9: Forecast of Oil Production in Ukraine, 2018-2029
Table 10: Forecast of the Refining Capacity in Ukraine, 2018-2029
Table 11: Consumption and Production Forecast of Refined Fuels in Ukraine, 2018-2029
Table 12: Forecast of Oil Trade in Ukraine, 2018-2029
Table 13: Forecast of Net Exports of Refined Products in Ukraine, 2018-2029
Table 14: Forecast of Gas Production in Ukraine, 2018-2029
Table 15: Forecast of Gas Production and Consumption in Ukraine, 2018-2029
Table 16: Forecast of Net Gas Exports in Ukraine, 2018-2023
Table 17: Forecast of Net Gas Exports in Ukraine, 2024-2029
Table 1: Key Oil & Gas Indicators in Ukraine, 2018-2024
Table 2: 2019 Licensing Rounds in Ukraine
Table 3: Major Upstream Projects in Ukraine
Table 4: Capacity of Reverse Flow Gas Pipeline Connections from EU to Ukraine
Table 5: Licensing Regime in Ukraine
Table 6: Terms of Fiscal Regime in Ukraine
Table 7: Oil Refineries in Ukraine
Table 8: Major Upstream Players
Table 9: Forecast of Oil Production in Ukraine, 2018-2029
Table 10: Forecast of the Refining Capacity in Ukraine, 2018-2029
Table 11: Consumption and Production Forecast of Refined Fuels in Ukraine, 2018-2029
Table 12: Forecast of Oil Trade in Ukraine, 2018-2029
Table 13: Forecast of Net Exports of Refined Products in Ukraine, 2018-2029
Table 14: Forecast of Gas Production in Ukraine, 2018-2029
Table 15: Forecast of Gas Production and Consumption in Ukraine, 2018-2029
Table 16: Forecast of Net Gas Exports in Ukraine, 2018-2023
Table 17: Forecast of Net Gas Exports in Ukraine, 2024-2029
