The government boxed the ears of UkrGazVydobuvannya on Wednesday, saying the state company is falling behind in the government’s $4 billion, 5-year investment program
Thursday, November 15, 2018

The government boxed the ears of UkrGazVydobuvannya on Wednesday, saying the state company is falling behind in the government’s $4 billion, 5-year investment program

The government boxed the ears of UkrGazVydobuvannya on Wednesday, saying the state company is falling behind in the government’s $4 billion, 5-year investment program designed to produce 20 billion cubic meters by 2020. Last year, UGV produced 15.3 bcm of gas, or 74% of Ukraine’s total. Vice Prime Minister Volodymyr Kistion urged the Naftogaz subsidiary to “accelerate measures to intensify production, which give faster and more timely results: more wells, more hydraulic fracturing operations, more booster stations – more commodity gas.”

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