Three companies plan to invest UAH 1.6 bln in oil and gas exploration – Kubiv

Three companies plan to invest UAH 1.6 bln in oil and gas exploration – Kubiv

Ukrinform
Three companies plan to invest UAH 1.6 billion in geological exploration, and UAH 5 billion in drilling if deposits of gas, oil or gas condensate are confirmed.

The press service of Ukraine’s Economic Development Ministry reported this with reference to First Deputy Prime Minister — Minister of Economic Development and Trade Stepan Kubiv.

"Thanks to the electronic procurement system ProZorro.Sale, we managed to attract real investors to the auctions. Three companies plan to invest UAH 1.6 billion in geological exploration. If gas, oil deposits or gas condensate are confirmed, investments in drilling can reach UAH 5 billion," he said.

On March 6, auctions for the implementation of special permits for the use of subsoil at three sites in Kharkiv and Poltava regions were held through ProZorro.Sale. The validity of permits is 20 years. The total cost of special permits was UAH 45 million. During the auction, the cost increased to UAH 141 million.

ish

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2024 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-