EITI in Ukraine:background, activities,

perspectives

Bishkek29, October 2010

MYKHAILO GONCHARNOMOS

Energy Transparency in Ukraine: start of discussions and studiesafter IEA Energy Policy Review

• The Review Team identified three key priority areas in its recommendations: energy efficiency, cost-reflective pricing and transparency.

• Finally, Ukraine could strengthen its energy policy by improving the transparency of its energy data and market rules.

Center NOMOS under support of the IRF started project Oil and Gas Sector of Ukraine: transparency of functioning and revenues.

2007

2008• Publication of an analytical report: Oil

and Gas Sector of Ukraine: transparency of functioning and revenues.

• Co-creation of an Internet-resource

www.ua-energy.org • Organization and participation in

different forums in Ukraine and abroad

2009Participation in IV EITI Global Conference

Expanding the Extractive Industries Transparency Initiative (EITI) Agenda to Transportation of Hydrocarbon Resources

Proposed Reform Conditions. Prior Actions.Establish a clear commitment to increased transparency in the sector. Ideally this should include Ukraine's agreement to join EITI, but, as a minimum, should include a commitment to regular and timely public reporting of key financial data.

200920.07.2009 № Q/N-090720

Віце-прем’єр-міністру Українип. Григорію Немирі

Letter of Ukrainian NGOs to Governmentconcerning joining to EITI

IFI and EC conditions

2009• Creation and legalizations of an

Association of NGOs in Ukraine EnergyTransparency (May-December)

• Resolution of the Cabinet of Ministers of Ukraine on joining the EITI (September)

• Statement of the Cabinet of Ministers of Ukraine on joining the EITI

2009The letter of P. Eigen to Y. Tymoshenko

2010Finalized Projects:

Creation of the case on Hydrocarbon Transit Transparency in Ukraine (EITI methotology)

Transparency level determination of oil and gas extracting companies via adapted EITI template

Final report on energy transparency

in Ukraine

Ministry of Fuel and Energy confirmed intension to continue implementation of EITI in Ukraine

“Moreover, it should be noted, that Ministry of Fuel and Energy shares principles of the Extractive Industries Transparency Initiative and consi-ders that implementation of the mentioned Initiative will contribute to ad-vancing management methods in the extractive Industries of Ukraine, Improve investment climate in the state, support more effective use of na-tural resources and confirm intensions of the Government of Ukraine to resolute fight against corruption. It also continues the work on implementation of the Resolution of the Cabinet of Ministers of Ukrainedated 30.09.09 No. 1098”.

21, July 2010

Autumn 2010• Project: Proposals on changing Ukrainian

legislation in order to bring it closer to EITI requirements

• Continuation of monitoring of activity on the Black Sea shelf

Thank you for your attention

NOMOS Center

www.ua-energy.orgwww.nomos.com.ua

sevnomos@ukr.netmigo@bigmir.net