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Independent monitoring of resource and finance flows from development of conventional and unconventional

hydrocarbons in Ukraine within Production Sharing Agreements

Andrii Chubyk, Khrystyna GoncharApril 9-10, Delegation of the European Union to Ukraine

Kyiv2014

Lot 1 Neighbourhood Civil Society FacilityReference No. 9

The Action is based on achievements of previous

projects, aimed to enhance energy sector transparency

to improve management of budgetrevenues from hydrocarbons production through enhanced capacities of civil society to control their incomes and expenses

General objective of the Action is

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involvement of CSOs into political dialogue with central andlocal authorities on energy sector development;

analysis of energy statistics, market environment andinvestment climate;

improvements via proposals on law changes and amendments;special fund as mechanism to improve accountability of the

state budget incomes and expenses from hydrocarbon production;awareness raising among citizens in regions of production

under PSAs;public financial reporting and its discussion in mass media

Ukrainian energy market will develop under transparent market conditions.

Special objectives

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The Action is implemented jointly by Center Nomos and Kyiv International Energy Club “Q-Club”

Cooperation and main activities within the Action

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Promotion of a special National Development Fundfor hydrocarbon revenues management in Ukraine

Analysis of energysector developments,market and investmentclimate in 2010-2012 andduring Action period;

Development of legal,financial and regulatoryproposals on reforms,including special fund forhydrocarbon revenuesmanagement;

Trainings for localauthorities and CSOs withpractical projects uponsub-granting;

Media campaigns.

Main activities within the Action


Prepared set of proposals (Concept of the Fund, Draft Lawand Explanatory Note) on introduction of a special fund forhydrocarbon revenues management;

Comprehensive analysis of energy data for the period 2010-2014 with indication of budget incomes and expenses fromenergy sector;

Identification of energy market gaps, investment flows andproposals on improvement;

Enhanced knowledge and experience of local authorities andSCOs on monitoring budget revenues and their management;

Wider transparency of energy sector in Ukraine;

Creation of conditions for better utilization of revenues forinfrastructure and social projects.

Expected results


First year:Bulletin with energy data, legal, financial and regulatory

information on special fund;5 trainings for local authorities and CSOs with practical

guidelines on project implementation;5 tenders for local CSOs;

Second year:Sub-granting and monitoring of project implementation;Meetings with authorities to promote idea of a special fund for

hydrocarbon revenues managementFinal bulletin with updated information and further proposals on

activities.

Special fund for hydrocarbon revenues management is a win-win option for all beneficiaries and target groups.

Timeframe and outcomes


Ivano-Frankivsk region as the area for pilot training

� Contact information onpartners from central, localauthorities and CSOs;

� Special attention to sectorspecific science andeducation institutions;

� Analysis of energy data(Ukraine and per PSAregion);

� Analysis of market situationand investment climate;

� Training for localauthorities and CSOs inIvano-Frankivsk region;

� Visibility materials.

The Action progress by April 2014


OUR CONTACTS:

www.nomos.com.uawww.geostrategy.org.ua

www.qclub.org.ua

[email protected]@qclub.org.ua

THANK YOU FOR ATTENTION!

1.7

Government & Nonprofit

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