Drillers in Kharkiv discovered last month the third gas field of the year in the region, a formation that could hold 1 billion cubic meters

Drillers in Kharkiv discovered last month the third gas field of the year in the region, a formation that could hold 1 billion cubic meters. State gas producer Ukrgazvydobuvannya announced the discovery, following discoveries in Kharkiv region in May and June. Last year, this Naftogaz subsidiary increased its production by 4.4% to 15.2 bcm, slightly more than half of Ukraine’s consumption. From that level, the company hopes a stepped up drilling program will increase production by one third, to 20.1 bcm in 2020.