Since the beginning of 2017 UGV has reached gas production of 15 billion cubic meters

Dec 25, 2017 | Category: Official
Since the beginning of 2017 UGV has reached gas production of 15 billion cubic meters

Since the beginning of 2017 (as of December 26th) UGV has increased natural gas production by 635 million cubic meters compared to same period of 2016 - up to 15 billion cubic meters.

At the same time, 635 mln cubic meters constitutes more then eight times the amount of production growth for the whole 2016.

The necessary prerequisites for the implementation of the 20/20 Program are the improvement of the legislation regulating land issues, the introduction of transparent procedures for granting and prolonging licenses, the favourable tax regime, and the elimination of political interference in the work of enterprises of the oil and gas complex.