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CMS Cameron McKenna shares its oil & gas expertise at 3rd Annual Ukrainian Energy Forum
CMS Cameron McKenna, Kyiv, Ukraine
22 March, 2012
Vitaliy Radchenko, senior associate and coordinator of the Energy and Projects practice with the Kyiv office of CMS Cameron McKenna, delivered a presentation on “Recent Developments in Ukrainian Oil and Gas Legislation” during the recent 3rd Annual Ukrainian Energy Forum. The event was organised by Adam Smith Conferences and took place in Kyiv on 28 February – 1 March 2012.
CMS Cameron McKenna was honoured to be a sponsor of the Forum.
In his presentation Vitaliy provided a general overview of the oil & gas sector in Ukraine, explained why the sector is attractive for investors and focused on the areas of potential growth. Vitaliy touched upon the most frequent novelties in Ukrainian oil & gas legislation with a special focus on changes in the licensing regime, amendments to the legislation on product sharing agreements, and significant liberalisation, reform and re-formatting of the natural gas market with a view at the key provisions of the Law of Ukraine “On Basic Principles of the Natural Gas Market Functioning” coming into force in 2012. Vitaliy also shared some tips that investors should keep in mind while working with state counterparties in Ukraine.
In addition to presenting, Vitaliy also moderated a session entitled “Identifying The Opportunities That Exist In Ukrainian Hydrocarbon Exploration And Production And How To Best Take Advantage Of Them”, as well as a roundtable entitled “Dialogue Between Government And The Oil & Gas Community On How To Stimulate Large Scale Development Of Ukraine’s Hydrocarbon Resources”, which followed-up with a lively discussion between the panellists and audience.
Adam Mycyk, managing partner and head of corporate and M&A practice in Ukraine, also joined the Forum and moderated a session devoted to a discussion of unconventional gas development in Ukraine.
The forum was attended by more than 150 representatives from major Ukrainian and international energy companies and other adjacent industries and sectors.
About CMS Cameron McKenna in Kyiv: CMS Cameron McKenna opened its doors in Kyiv in September 2007 and was the first UK-headquartered law firm to open in Ukraine. The office comprises of 30 lawyers, including four partners, and represents major international and Ukrainian companies working in various sectors. We are consistently highly ranked by the major international directories such as Chambers Global, IFLR, Legal 500, PLC Which Lawyer? and others. Recently Yurydychna Practyka awarded us (for the third year in a row) Best International Law Firm at their annual Legal Awards 2011 Ceremony. Our Energy Practice in Kyiv has also been continuously ranked as a top legal practice in energy sector in the country (by Ukrainian Law Firms 2009-2011 and Corp INTL Legal Awards 2010 rankings).
Notes to Editors:
CMS provides a deep local understanding of legal, tax and business issues and delivers client-focused services through a joint strategy executed locally across 30 jurisdictions with 55 offices in Western and Central Europe and beyond.
The CMS nine member firms are: CMS Adonnino Ascoli & Cavasola Scamoni (Italy); CMS Albiñana & Suárez de Lezo (Spain); CMS Bureau Francis Lefebvre (France); CMS Cameron McKenna LLP (UK); CMS DeBacker (Belgium); CMS Derks Star Busmann (Netherlands); CMS von Erlach Henrici Ltd. (Switzerland); CMS Hasche Sigle (Germany); and CMS Reich-Rohrwig Hainz (Austria), .
