Olga Bielkova


Olga Bielkova is a former Member of the Ukrainian Parliament from 2012 until June 2020.
Bielkova also served as a Permanent Member of the Ukrainian Delegation to the Parliamentary Assembly of OSCE and NATO and a Member of the EITI International Board, as well as a board member of The Parliamentary Network on the World Bank & International Monetary Fund.

Education

Bielkova holds a master's degree of Public Administration from the Harvard Kennedy School of Government, a law degree from the Taras Shevchenko National University of Kyiv and a degree in economics from the Cherkassy State Engineering University.

Career

Before her election in 2012, Bielkova was a managing partner at the Kyiv start-up accelerator EastLabs, focusing on sourcing new teams for funding and creating development programmes for portfolio companies. Earlier, she served on the executive management team of the Victor Pinchuk Foundation as director of international projects, including responsibility for the foundation’s scholarship initiative WorldWideStudies. The WorldWideStudies programme funds Ukrainian students to pursue master’s degrees at leading universities abroad.
On 12 December 2012 Bielkova took the parliamentary oath and joined the UDAR faction in the Verkhovna Rada.
From 2012 to 2014 she was a member of the Verkhovna Rada Committee on Finance and Banking and chaired the Subcommittee on the Functioning of Payment Systems and E-commerce; she also served as a member of the Special Control Commission on Privatisation, as recorded on the Verkhovna Rada official roster.
In the 2014 Ukrainian parliamentary election Bielkova was again re-elected into parliament; this time after placing 47th on the electoral list of Petro Poroshenko Bloc and holds position of a Deputy Head of the Verkhovna Rada's Committee on Fuel and Energy Complex, Nuclear Policy and Nuclear Safety.
Bielkova took part in the July 2019 Ukrainian parliamentary election for the party "Fatherland". She was elected to parliament. On 18 June 2020 her parliamentary mandate was terminated at her own request.

Legislative Activities

Legal initiatives to which Olga Bielkova is an initiator or a principal contributor, that became laws:
Draft Law of Ukraine "On natural gas market", which is a framework law for the sector that establishes qualitatively new rules to gas market. The aim is to create a transparent, competitive and effective gas market in line with the principles of the Third Energy Package: choice of the natural gas supplier and market pricing. One considerable achievement is the functional separation of transportation segments from gas extraction and sales, which increases competitiveness and introduces the clear rules for all market players. At the same time as the gas price hikes, the Cabinet of Ministers introduced a new system of targeted social assistance for the least protected groups of consumers.
Draft Law of Ukraine "On transparency of mining industry": allows to fulfill the requirements of the Extractive Industries Transparency Initiative – namely, to disclose the funds paid by the companies in the field of extraction and transportation of oil and gas to the budgets of different levels, and also the income received by the state from the activities of these companies as well as information on their activity and the license holders.
Draft Law of Ukraine "On amending the legislation of Ukraine on taxation of hydrocarbons production": provided taxation policy aimed on enhancing natural gas production by increasing volumes of gas produced domestically. This bill introduced specific fiscal rates for new wells to promote an investment.
Draft Law of Ukraine "On reallocation of royalties from O&G to local communities": assigning 5% of royalties from oil&gas industry as an additional income of municipal budgets of the territories, where extraction takes place.
Draft Law of Ukraine "On deregulation in O&G industry": simplifies the land legislation and improves regulatory regime for oil & gas industry in order to eliminate the outdated and bureaucratic regulatory system and boost development of new wells.
Draft Law of Ukraine "On the National Energy Regulatory Commission of Ukraine": reinforces and unifies the regulation of all natural monopolies in one regulator that controls pricing of services, ensuring a balance of interests between producers, consumers, and state. It should guarantee reliable supply to consumers at fair prices, while making sure that the natural monopolies can make sufficient profits to be able to develop.

Publications

In Ukrainian

In English

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