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1.7
1. Independent monitoring of resource
and finance flows from development
of conventional and unconventional
hydrocarbons in Ukraine within
Production Sharing Agreements
Andrii Chubyk, Khrystyna Gonchar
April 9-10, Delegation of the European Union to Ukraine
Kyiv
2014
Lot 1 Neighbourhood Civil Society Facility
Reference No. 9
2. The Action is based on
achievements of previous
projects, aimed to enhance
energy sector transparency
to improve
management of budget
revenues from
hydrocarbons
production through
enhanced capacities of
civil society to control
their incomes and
expenses
General objective of the Action
is
№ стр.2nomos.com.ua | geostrategy.org.ua | www.qclub.org.ua
3. involvement of CSOs into political dialogue with central and
local authorities on energy sector development;
analysis of energy statistics, market environment and
investment 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
№ стр. 3nomos.com.ua | geostrategy.org.ua | www.qclub.org.ua
4. The Action is implemented jointly by Center Nomos and
Kyiv International Energy Club “Q-Club”
Cooperation and main activities
within the Action
№ стр.4nomos.com.ua | geostrategy.org.ua | www.qclub.org.ua
5. Promotion of a special National Development Fund
for hydrocarbon revenues management in Ukraine
Analysis of energy
sector developments,
market and investment
climate in 2010-2012 and
during Action period;
Development of legal,
financial and regulatory
proposals on reforms,
including special fund for
hydrocarbon revenues
management;
Trainings for local
authorities and CSOs with
practical projects upon
sub-granting;
Media campaigns.
Main activities within the Action
№ стр. 5nomos.com.ua | geostrategy.org.ua | www.qclub.org.ua
6. Prepared set of proposals (Concept of the Fund, Draft Law
and Explanatory Note) on introduction of a special fund for
hydrocarbon revenues management;
Comprehensive analysis of energy data for the period 2010-
2014 with indication of budget incomes and expenses from
energy sector;
Identification of energy market gaps, investment flows and
proposals on improvement;
Enhanced knowledge and experience of local authorities and
SCOs on monitoring budget revenues and their management;
Wider transparency of energy sector in Ukraine;
Creation of conditions for better utilization of revenues for
infrastructure and social projects.
Expected results
№ стр. 6nomos.com.ua | geostrategy.org.ua | www.qclub.org.ua
7. 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 management
Final 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
№ стр. 7nomos.com.ua | geostrategy.org.ua | www.qclub.org.ua
8. Ivano-Frankivsk region as the area for pilot training
Contact information on
partners from central, local
authorities and CSOs;
Special attention to sector
specific science and
education institutions;
Analysis of energy data
(Ukraine and per PSA
region);
Analysis of market situation
and investment climate;
Training for local
authorities and CSOs in
Ivano-Frankivsk region;
Visibility materials.
The Action progress by April 2014
№ стр. 8nomos.com.ua | geostrategy.org.ua | www.qclub.org.ua
