Ukrgasdobycha expects fall in production by 3% in 2015

Ukrgasdobycha expects decline of hydrocarbon production by 3% in 2015 due to the deterioration of the equipment and the depletion of deposits, the press centre of the company reports.

"From 2007 to 2014, the company received only 4 special permits for the development of new fields with the required amount of 12-14 special permits, i.e. Ukrgasdobycha received at least by 80 permits for development less. This led to a reduction in drilling by 30%," – the press centre quotes the chairman of the company Sergei Kostyuk.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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