Energy
0

Naftogaz Starts Drilling Another Gas Well to Meet Ukrainian Needs

Naftogaz Starts Drilling Another  Gas Well to Meet Ukrainian Needs
Naftogaz Starts Drilling Another  Gas Well to Meet Ukrainian Needs

The state-owned energy company Naftogaz, which plans to meet Ukrainian needs with domestic production, has launched one more "powerful" new gas well in eastern Ukraine, the company said on Monday.
Ukraine, which has not imported natural gas directly from Russia since 2015, buys gas from the European Union and says it is focusing on domestic production, XM.com reported.
"Our goal is to produce at least 1 million cubic meters of gas per day at this field," the company said in a statement.
Naftogaz has not disclosed the location of the well, but most of Ukraine's gas fields are in the Kharkiv and Poltava regions.
The company said five more new wells are planned at this field "to unlock the identified gas production potential in full".

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com