Contents tagged with Ukrgazvydobuvannya

  • A new gas field discovered in Ukraine

    The press service for UkrGasVydobuvannya (Ukrainian largest gas producer) stated that from the beginning of the year they had discovered the fourth gas field in the Kharkiv region.

    “At this stage of the geological study, according to Ukringaz, the reserves of the discovered field make up at least 400 million cubic meters, and perspective resources of the field as a whole can equate to 3.7 billion cubic meters of blue fuel,” the statement reads.

    It is noted that the discovery of the field took …

  • Media: Ukrainian oil and gas companies avoid developing new deposits because of improper taxation

    By 2018, two thirds of resourced subsoil area had received the necessary permits for geological survey and the companies holding those permits have had them for more than five years. 7,600 square kilometers of prime subsoil remain untapped because initial investment in permanent production would require added taxes,wrote Ihor Maskalevich it in his article for ZN.UA. According to him, it would be better for companies to produce oil and gas long term "as part of scientific study." It is a …