Page 1 - FSUOGM Week 02 2020
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Issue 1059 15•January•2020 Week 02
Offline and out of date
Ukraine’s ageing and idle refining sector is unlikely to see a revival, given the competition from imports.
Local content is king
Russia is continuing its drive to substitute imports of oil and gas equipment with local content.
2021 launch for Nord Stream 2
Russian President Vladimir Putin has said Nord Stream 2’s launch could be as late as early 2021.
Bumper year for JKX
Ukraine-focused junior JKX Oil & Gas ramped up output in 2019, which should help soften the blow of low gas prices.
