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Monopoly Over Imported Gas Abolished
The Cabinet of Ministers of Ukraine has abolished the monopoly over imported gas sales held by the state gas company Naftogaz of Ukraine.
13 Nov 2012
Substantial Changes In Taxation Of Oil And Gas Production
From 1 January 2013, several crucial amendments to the mechanism for taxing oil and gas production will become effective. In particular, they will affect the current system of royalty payments and subsoil-use charges.
12 Sep 2012
Ukraine: New Law On The Ethical Conduct Of Public Office Holders
On 17 May 2012 the Ukrainian Parliament adopted the law of Ukraine on Rules of Ethical Conduct (the "Ethical Conduct Law") which introduces the body of rules of conduct applicable to individuals performing public functions on behalf of the state or a local authority, including the President of Ukraine and the Prime Minister of Ukraine, ministers, members of the Ukrainian Parliament and local councils, civil servants, judges and other state officials (the "Officials").
16 Jul 2012
New Rules For The Provision Of Telecommunications Services Adopted
On 11 April 2012 the Cabinet of Ministers of Ukraine adopted new "Rules for the provision of telecommunication services" (the "Telecom Rules"), which replace existing legislation dating back to 2005 and discipline telephone (both mobile and landline), radio, broadcasting, television and telegraphic services.
3 Jul 2012
New Procedure For Access To The Gas Transportation System
On 19 April 2012 the National Commission on State Regulation of the Energy Sector of Ukraine ("NERC") adopted Resolution No 420.
29 Jun 2012
Tax Incentives To Promote The IT Industry Introduced
On 24 May 2012 the Ukrainian MPs adopted the package of Laws of Ukraine aiming at encouraging the development and boosting the global competitiveness of Ukrainian IT industry ("the Laws").
19 Jun 2012
PSA Tenders For Two Offshore Oil And Gas Areas
On 23 May 2012 the Cabinet of Ministers of Ukraine (CMU) adopted two Resolutions on Holding Tenders for the Award of Production Sharing Agreements (PSA) for the Extraction of Hydrocarbons within the Foros and Skifska Areas (Resolutions No. 454 and No. 455 respectively, hereinafter the "Resolutions").
13 Jun 2012
Law Allowing Reorganisation Of Naftogaz Comes Into Effect
On 13 April 2012 the Ukrainian Parliament adopted the Law "On Amendments to the Law of Ukraine "On Pipeline Transport" with Regard to the Reform of the Oil and Gas Complex" (hereinafter – the "Law"), which became effective on 6 May 2012.
25 May 2012
The Parliament Adopts A Law On The Privatisation Of The Coal Mining Sector
On 12 April 2012 the Parliament of Ukraine adopted the Law "On the Peculiarities of the Privatisation of Coal Mining Enterprises" (hereinafter – the "Law").
25 May 2012
New Procedure For The Execution Of Agreements With State-Controlled Companies
On 11 April 2012 the Cabinet of Ministers of Ukraine (CMU) adopted the Procedure for the Execution of Joint Activity Agreements ("JAAs"), Commission or Agency Agreements and Property Management Contracts by Companies, Enterprises, Organisations and Business Entities in Which the State Holds More than a 50% Stake (hereinafter – the "Procedure").
25 May 2012
Recent Developments In Data Protection Legislation
In June 2011 the Parliament of Ukraine adopted the Law strengthening administrative and criminal liability for failure to comply with the data protection laws (the "Law").
22 Feb 2012
State Strengthened Control Over The Medical Products Circulating In Ukraine
On 20 December 2011, the Parliament of Ukraine adopted the Law No. 4196-VI "On Amendments to Certain Healthcare Legislation regarding Strengthening Control over Turnover of Medicinal Products, Food Products for Special Dietary Consumption, Functional Food Products and Dietary Additives" (the "Law").
7 Feb 2012
Ukraine Announces Two PSA Tenders For Shale Gas Areas
The Cabinet of Ministers of Ukraine ("CMU") will soon be holding two tenders for the exploration and extraction of hydrocarbons at Oleska and Yuzivska areas on the terms of a production sharing agreement ("PSA") to be concluded with the State, represented by CMU.
5 Jan 2012
Recent Changes To Production Sharing Agreements Law
Over the past few months the Ukrainian Parliament has made two important changes to the legislative framework governing production sharing agreements for exploration and extraction of minerals.
30 Dec 2011
Kyoto Protocol Gets Extension
On 11 December 2011 the delegates of the Durban Climate Conference (COP17/CMP7) have extended Kyoto Protocol and established a road map to a new global binding agreement to tackle the emission of greenhouse gases.
29 Dec 2011
Changes To The Local Content Requirement For Renewable Energy Projects
On 8 December 2011, the President signed an amendment to Art. 17-1 of the Law on Power Industry (the "Law"), aimed to give a better understanding of the impact of a so called ‘local content requirement’ on renewable energy projects.
16 Dec 2011
New Rules On Data Exclusivity Protection Of Original Pharmaceutical Products
The Parliament of Ukraine has recently adopted Law No. 3998-VI, introducing new rules to the Law of Ukraine on Pharmaceutical Products No. 123/96-ВР regarding data exclusivity protection of the original (innovative) pharmaceutical products registered in Ukraine.
6 Dec 2011
Supreme Court Regains Authority But Access To Court Judgments Is Limited
On 13 November 2011 the Law of Ukraine No. 3932-17 "On Amendments to Certain Legislative Acts Concerning Consideration of Cases by the Supreme Court of Ukraine" (the "Law") became effective.
6 Dec 2011
Constitutional Court Rules On Admissibility Of Evidence
The Constitutional Court of Ukraine in its Ruling 12-rp/2011 of 20 October 2011 (the "Ruling") provided a binding interpretation of Article 62(3) of the Constitution of Ukraine.
30 Nov 2011
Interim Relief Allowed For Enforcement Of Foreign Judgements And Arbitral Awards
On 22 September 2011 the Parliament of Ukraine adopted the Law amending the Civil Procedural Code of Ukraine (the "Code") to provide for interim measures in the course of recognition and enforcement proceedings with respect to foreign court judgements (the "Interim Measures Law").
31 Oct 2011
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