In 11 months of 2019 UGV reduced PPN by 15% against the backdrop of production 3% drop
Ukrgasvydobuvannya PJSC (UGV) in January-November 2019 compared to the same period of the last year reduced gas production and process losses and costs (PPNL) by 15% (from 1.3 billion cubic meters to 1.1 billion cubic meters) against the background of production 2.8% drop (up to 13.7 billion cubic meters). This is evidenced by the industry statistics that ExPro has.
In November 2019, compared to November 2018, UGV reduced its PPN 2.2 times (from 145 million cubic meters to 64.6 million cubic meters), while its production during this period decreased by only 9%.
Thus, this year the company has improved its performance. At the same time, Ukrtransgaz JSC increased the PPN by 6% (up to 1.8 billion cubic meters) for 11 months of 2019.
PPN of Ukrnafta remained at the level of 11 months of 2018 (300 million cubic meters) during the 11 months of 2019, although its production during the period increased by 10% (up to 1.1 billion cubic meters).
Total PPN in the system of Naftogaz of Ukraine NJSC for the 11 months of 2019 decreased by 6%.
PPN in the system of Naftogaz of Ukraine, billion cubic meters
08:00 / 26 September, 2019
ODESA OFFSHORE CONFERENCE-2019
Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
12:00 / 13 June, 2019
08:00 / 23 May, 2019
Carpathian Oil&Gas Conference-2019
The development of oil&gas industry, introduction and implementation of new E&P technologies, stimulation, workovers &recovery of oil&gas wells will be among upstream focal points of the FIRST DAY of COGC2019 - 23 May. The SECOND DAY of Conference will be devoted to midstream, downstream, and trade in hydrocarbons, to spotlight the nowadays dynamics and robust changes in the Ukrainian oil&gas market. The Ukrainian Gas Market day of 24 May 2019 will become a marketplace venue for natural gas traders and natural gas transmission & distribution companies to meet and discuss prospective deals in the UAH 200 billion natural gas market of Ukraine.