Ukraine heavily relies on imported energy from foreign sources, particularly on Russian natural gas and oil, and, as a result, has to endure significant price increases and worsening supply conditions. If Ukraine wants to gain independence in the area of energy production, it needs to develop domestic energy exploration and extraction industries and increase use of alternative energy sources. Therefore, state legislature has been actively introducing changes to the regulations governing the energy industry.  Said changes have created favorable investments and development conditions in the energy sector. In this regard, PARITET law firm offers legal services in the following areas:

Alternative energy

• Legal advice on various issues related to the use of alternative energy sources, including legislative regulation of “green” tariff, joint implementation projects under Kyoto Protocol, manufacture and consumption of biofuels;
• Legal support of all stages of implementation of the “green” tariff projects, joint implementation projects under Kyoto protocol and projects related to manufacture and consumption of biofuels;
• Thorough legal analysis of corporate, land, administrative, banking, currency, pricing and tax regulations and the respective case law related to implementation of projects in the alternative energy industry.

Power industry

• Legal advice regarding the acquisition and privatization of companies generating electricity and electricity suppliers;
• Legal analysis of issues related to the operation of the Ukrainian energy system;
• Advising on legislative regulations of activity of producers, suppliers, and consumers of electricity;
• Drafting and analysis of commercial and civil contracts in the power industry.

Oil and natural gas

• Advising on issues of licensing, receiving permission documentation as well as structuring of business entities for the purposes of exploration and extraction of oil and natural gas;
• Legal analysis of the legislation governing production sharing agreements as well as drafting such agreements and negotiating with state authorities regarding said agreements;
• Legal representation during hearings of cases involving oil and natural gas issues before the applicable courts and arbitral tribunals.