Polish oil and gas company PGNiG and Ukrainian trader “Energy resources of Ukraine” signed an agreement on joint exploration and production of gas in Ukraine

Wednesday, May 19, 2021
1 MIN
Polish oil and gas company PGNiG and Ukrainian trader “Energy resources of Ukraine” signed an agreement on joint exploration and production of gas in Ukraine

The Antimonopoly Committee of Ukraine approved the sale of 50% of the "Carpathian gas mining"

"Energy Resources of Ukraine" is a large gas trader with foreign investments. The co-owners are citizens of Ukraine and the USA. The ERU owns the company "Carpathian gas mining", which has a license to produce gas on the territory of the Biblivsky oil and gas area in the Lviv region.

The signed Agreement initiates the drilling of a gas well for 2,500 m, the design and location of other gas wells and the production of natural gas. The launch is planned for the first half of 2021.

Cooperation with PGNiG will help to introduce the foreign experience of gas field production, development of oil and gas systems and their logistics in the realities of Ukrainian business and production.

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