Oleg Alyoshin addresses the critical issue of protecting oil and gas investors’ rights in Ukraine at UKRAINIAN ENERGY FORUM
09/10/2008
The Ukrainian Energy Forum began in Kyiv on Tuesday, October 7, at the Premier Palace Hotel and will run through Thursday, October 9, 2008. The Ukrainian energy sector has consistently attracted significant international and local media attention over the last few years. More often than not, the attention paid to geo-political issues and the security of gas supplies overshadowed the commercial opportunities that exist in the sector. Most of the critical energy issues faced by Ukraine are being addressed during the Forum which is one of a series of Adam Smith Conferences' on key Ukraine economic and business issues.
40-strong speaker faculty featured key Ukrainian officials from the Ministry of Fuel & Energy, Ministry of Environmental Protection, Verkhovna Rada, State Property Fund and the National Electricity Regulatory Commission, leading Ukrainian energy companies, international strategic investors, respected financiers, commentators and advisers, including the Head of Vasil Kisil & Partners Energy and Natural Resources Practice Oleg Alyoshin.
During his presentation, Mr. Alyoshin gave an overview of domestic legal environment for exploration and production opportunities for foreign investors in Ukraine, after which he concentrated on the opportunities to mitigate political risks under Ukrainian and public international law in view of the existing political environment.
In conclusion, Mr. Alyoshin expressed his optimism regarding the future of Oil & Gas sector in Ukraine and stated that “The coming years will be very interesting times in Ukraine for foreign oil and gas investors. It is to be hoped that Ukraine will honor existing subsoil contracts and provide a stable regulatory framework that will give confidence to foreign companies to invest in Ukraine.”
40-strong speaker faculty featured key Ukrainian officials from the Ministry of Fuel & Energy, Ministry of Environmental Protection, Verkhovna Rada, State Property Fund and the National Electricity Regulatory Commission, leading Ukrainian energy companies, international strategic investors, respected financiers, commentators and advisers, including the Head of Vasil Kisil & Partners Energy and Natural Resources Practice Oleg Alyoshin.
During his presentation, Mr. Alyoshin gave an overview of domestic legal environment for exploration and production opportunities for foreign investors in Ukraine, after which he concentrated on the opportunities to mitigate political risks under Ukrainian and public international law in view of the existing political environment.
In conclusion, Mr. Alyoshin expressed his optimism regarding the future of Oil & Gas sector in Ukraine and stated that “The coming years will be very interesting times in Ukraine for foreign oil and gas investors. It is to be hoped that Ukraine will honor existing subsoil contracts and provide a stable regulatory framework that will give confidence to foreign companies to invest in Ukraine.”