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Two Chinese energy companies have signed contracts totaling $154 million to drill 36 wells for UkrGazVydobuvannya

Wednesday, August 29, 2018
Two Chinese energy companies have signed contracts totaling $154 million to drill 36 wells for UkrGazVydobuvannya

Two Chinese energy companies have signed contracts totaling $154 million to drill 36 wells for UkrGazVydobuvannya, the Ukraine’s state gas producer. Xinjiang Beiken Energy Engineering and Zhongman Petroleum and Natural Gas Group signed the contracts with UGV, Ukraine’s largest gas producer. UkrGazVydobuvannya plans to increase its gas production by 31% from 2017 levels, to 20.1 billion cubic meters in 2020.

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Kyiv’s residential building boom is over – or at least taking a breather.

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