• 3 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 5 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 9 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 12 minutes China's Blueprint For Global Power
  • 3 hours Pioneer's Sheffield in Doghouse. Oil upset his bragging about Shale hurt prices. Now on campaign to lower expectations, prop up price.
  • 4 hours Tesla Launches Faster Third Generation Supercharger
  • 5 hours Passerby doused with flammable liquid and set on fire by peaceful protesters
  • 1 hour EU has already lost the Trump vs. EU Trade War
  • 8 hours Who writes this stuff? "Crude Prices Swing Between Gains, Losses"
  • 3 hours China's Renewables Boom Hits the Wall
  • 20 hours Joe Biden, his son Hunter Biden, Ukraine Oil & Gas exploration company Burisma, and 2020 U.S. election shenanigans
  • 14 hours Climate Change Consensus Shifts in Wind, But Gas Is Still the Right Move
  • 21 hours Atty General Barr likely subpeona so called whistleblower and "leaker" Eric Ciaramella
  • 19 hours Does .001 of Atmosphere Control Earth's Climate?!
  • 15 mins ''Err ... but Trump ...? Humph''
  • 19 hours Trump Interview On Farage's Radio Show #classy

New Natural Gas Deposit Discovered in Ukraine

Ukraine's Ukrhazvydobuvannya state-owned gas mining company, a subsidiary of the state run Naftohaz oil and gas company, has finished drilling the 3.7 mile deep exploration well Number 202 at the Berezivske natural gas field in the Kharkiv Region.
 
The test boring resulted in an industrial gas flow producing 80,000 cubic meters of gas a day. "An isolated bed that had not been developed earlier was discovered in this well. In such a way, new deposits of natural gas have been discovered at Berezovske field," Kiev’s UNIAN Informatsiine Agentstvo reported.
 
The Ukrainian government has made it a high priority to attempt to develop its indigenous natural gas resources as quickly as possible in order to lessen its dependence on imports of Russian natural gas from state owned Gazprom, as the pricing issues have strained relations between Russia and Ukraine for years. Discussions are currently underway to revise both the cost of Gazprom natural gas to Ukraine and the transit fees that Ukraine charges Gazprom to use its pipeline network for exports.
 
In answer to a journalist’s question about the state of negotiations Gazprom CEO Aleksei Miller replied, "Yes, indeed, talks with our Ukrainian colleagues are very active and very positive. But there still remain quite a lot of questions and they are complex. It’s obvious that no final agreement will be reached in the next few days. I think that the first results of the discussions will appear in November."

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play