Market Report, "Ukraine Oil & Gas Report Q2 2014", Published
Sustained interest from major international companies in Ukraine's gas reserves provides some upside potential in alleviating a part of its import burden in the long run. However, a recent deal with Gazprom, which cuts natural gas import prices to Ukraine by 33%, poses risks to new exploration and production developments as the downward pressure on prices could weaken the profit margins of the exploration and production (E&P) activity.
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