Energy

Naftogaz needs $20 billion in investment over this decade to develop gas fields in the Black Sea and deep gas fields on land,

Tuesday, August 17, 2021

Ukraine’s state oil and gas company reports. Naftogaz production has been slowly declining hitting 14 billion cubic meters last year. During the first half of this year, Naftogaz production unit, UGV, cut production by 5.3%, hitting 6.8 billion cubic meters.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Tuesday, August 17
Energy

Replacing natural gas with hydrogen in Ukraine pipeline transmission system could take 40 years,

Next post
Tuesday, August 17
Energy

Seeking to attract foreign investment in the gas sector, Naftogaz will host the Ukraine Gas Investment Congress in Kyiv Oct. 20 to 22.

Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

Previous Main Topics

Subscribe