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.”

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
To soothe relations with Hungary, a major source of tourism and investment,

To soothe relations with Hungary, a major source of tourism and investment,

Next post
Harvest reports indicate that Ukraine’s total grain production will hit a record of 70 million tons

Harvest reports indicate that Ukraine’s total grain production will hit a record of 70 million tons

Previous Main Topics