UkrGasVydobuvannya
 |
|
|
Native name
|
УкрГазВидобування |
|---|---|
| Industry | Natural-gas processing |
| Successor | Naftogaz |
| Founded | 1998 |
| Headquarters | Ukraine, Kyiv |
|
Key people
|
Oleg Prokhorenko (CEO) |
| Services | Exploration of gas and gas condensate reserves |
| Website | http://www.ugv.com.ua/ |
The state-owned public joint stock company UkrGasVydobuvannya (Ukrainian: ПАТ "Укргазвидобування") is the largest Ukrainian gas producer. It is a vertically integrated company with a complete production cycle: from exploration of gas and gas condensate reserves, field development, transportation, gas processing and condensate and oil refining to sales.
UGV is a subsidiary of a state-owned National "Naftogaz of Ukraine".
UGV was founded in 1998 by a merger of gas extracting divisions of SC "UkrGasProm" and some other Ukrainian gas extracting companies.
In 2015the company produced 14.5 bn m3 of gas in 2015, which accounts for 75% of total gas production in Ukraine. UGV also produced more than 20% of all oil and condensate in Ukraine.
In 2016 its subsidiary "Shebelinka Refinery" launched production of Euro 4 and higher standards gasoline (according to European emission standards classification) and Euro 5 Standard diesel fuel.
Areas of extraction include Kharkiv, Poltava, Sumy, Donetsk, Lugansk, Dnipropetrovsk, Lviv, Ivano-Frankivsk, Carpathian Ruthenia and Volynska regions. Exploration activities are carried out in the Dniprovsko-Donetska cavity and the Carpathian Mountains.
The current chairman of the UGV Board Oleg Prokhorenko was appointed in June 2015 as a result of an open selection process initiated by the Government of Ukraine.
The current management team has adopted the 'Strategy 20/20' which envisages the increase of own natural gas production to 20 bn m3 in 2020. The strategy focuses on improving the economic efficiency of Company's assets, optimization of internal functions, fight against corruption and deregulation.
...
Wikipedia