PrJSC Ukrnaftoburinnia (UNB) produced 691.3 million cubic meters of gas in 2021, which is 5% less than in 2020 (725.4 million cubic meters), according to a company press release on Tuesday.
According to the document, the volume of oil/condensate production decreased by 6% (by 4,200 tonnes) and amounted to 76,600 tonnes.
In general, gas production at Sakhalynske field last year amounted to 789.5 million cubic meters, and oil/condensate production – 80,800 tonnes.
“The UNB production indicators show a slight decrease compared to the previous year. The primary reasons for it included the forced reduction in the capital investment program and cancellation of the drilling program in the crisis year of 2020 and a natural decline in well flow rates at Sakhalynske field as it gradually depletes,” the press release says.
At the same time, in 2021, the company resumed its drilling program. In April, it completed new well No. 22 of 4,565 m. The initial daily flow rate of the well is 280,000 cubic meters of natural gas and 30 tonnes of condensate.
According to UNB, in 2021, the company completed workovers of eight wells. Well No. 54 was transferred from gas-lift to submersible pumping operation by installing a sucker rod pumping (SRP) at 3,251 m deep being the deepest sucker rod pump installation in Ukraine. Moreover, a large-scale investment project to construct a booster compressor station at Sakhalynske field is being implemented.
“UNB continues to implement investment projects aimed at further efficient development of Sakhalynske field and plans to drill another well and put it into operation in the first half of 2022,” the company said.
In the next two years, UNB also plans to expand the geography of production in Ukraine beyond Sakhalynske field.
“The team and I have very ambitious plans for 2022, aimed not only to maintain production at Sakhalynske field but also to find new investment opportunities outside it. Of course, the implementation of these plans will largely depend on what mechanisms the state will use to deal with the energy crisis in the country and how they will affect private gas companies,” Chairman of the Executive Board of Ukrnaftoburinnia Mykhailo Bakunenko said.
PrJSC Ukrnaftoburinnia is one of the largest private gas production companies in Ukraine. Since 2010, it has been developing Sakhalynske oil, gas and condensate field (Krasnokutsk district, Kharkiv region).
The owner of the UFuture group, businessman Vasyl Khmelnitsky, has said that he and his family have no plans to leave Ukraine and go abroad, and expressed confidence that there will be no full-scale war and its threats are not justified.
“Me and my whole family (mother, wife, children and grandchildren) stay in Ukraine. We continue to live our usual lives and do not plan to go abroad. My whole team also remains in the country. We continue to work, create value and invest in Ukraine,” Khmelnytsky wrote on his Facebook page on Tuesday.
He said that he speaks exclusively as an entrepreneur, and his position is based on an understanding of many internal and external processes.
“But these are political processes, and I don’t want to discuss them publicly,” he said.
Khmelnytsky expressed the opinion that today, the most real threat that paralyzes all processes is panic.
“What can we do now to at least slightly stabilize the situation: 1. Continue to work effectively and live a familiar full life. 2. Maintain critical thinking, common sense and a cool head,” the businessman said.
“Whatever storms occur in the country and the world, I will leave my ship last,” he added.
A day earlier, a similar public post was posted by Andriy Stavnitser, co-owner of the TIS terminal group and the towing company P&O Maritime Ukraine, calling for “constructive calm activity.”
“We can’t let this crisis go to waste, it should make us stronger… I don’t believe in a full-fledged invasion, but I better be ready,” the businessman wrote.
UFuture is a holding company that brings together Khmelnytsky’s business and social projects. It has a diversified portfolio of assets in real estate, infrastructure, industry, renewable energy, pharmaceuticals and IT. The value of UFuture’s assets is estimated at $500 million. The total capitalization of the businesses in which it has invested is up to $1 billion.
The International Programming Olympiad “BalaTech” for schoolchildren will be held on February 19, 2022 in an online format. Estimated 50,000 schoolchildren from the CIS countries will take part in the event and compete for a prize fund of $10,000 USD in the form of:
REGISTER now on BalaTech (www.balatech.org), and/or share this wonderful opportunity with your network. More activities can be followed on Instagram by hashtags: #Balatech #UNDP #AcceleratorLab
United Nations Development Program is the official general partner, who is committed to providing accessible and inclusive digital education for the next generation to be ready for the future works! And “BalaTech” is recognized by the UNDP “Digital x Scale Accelerator” as one of the ten most impactful digital solutions in 2021, with the generous support from the Government of Japan. Thanks to UNDP, BalaTech provides all learning contents and participation at the Olympiad 2022 for FREE for all children and youth.
“BalaTech” ( www.balatech.org ) is a multilingual educational platform for children and youngsters to learn programming in an interactive way among peers. BalaTech makes learning experience fun and engaging through gamification. There are 10 learning modules with 175 challenge-based tasks that users can learn and play for FREE. For completed tasks, users receive their points to unlock the next level game with diverse virtual settings where they continue their learning adventure. With the help of UNDP “Digital X”, BalaTech has enhanced the user’s experience with a better UX design and learning algorithms. Moreover, the platform is designed to be gender sensitive to encourage more girls in learning programming. Anyone with a smartphone (not necessarily laptops) equipped with low-gadget basic internet can access the platform to learn and play from the beginning level. No prerequisite programming knowledge is required. Annually, BalaTech organizes the Olympiad to popularize programming learning among school students. The following entails the criteria and key messages of “BalaTech Olympiad” in 2022:
* For any inquiries on partnership opportunities on BalaTech, please contact: +996 550984747, tech.balatech@gmail.com. For UNDP partnership on digital innovation, please contact the Head of Experimentation at Accelerator Lab UNDP Kyrgyzstan, Jenny Jenish kyzy (Ensi Tszie) at ensi.tszie@undp.org
References:
Meet Digital X’s 10 ambitious new teams | Digital UNDP
Open4business – information partner
The machine building company Corum Group (DTEK Energy) has signed the first contract in the Lithuanian market for the supply of spare parts for Lithuanian Railways, Corum’s press service reports. “As part of the 2030 strategy and plans to diversify the product portfolio, Corum Group entered the Lithuanian market, expanding its presence in the EU market. The contract provides for the supply of two sets of 137 items for the manufacture of the body of railway freight cars,” the press release says.
The cost of the contract is not disclosed, shipment of products is planned in the spring of this year. The order will be fulfilled by Corum Druzhkivka Machine Building Plant (Donetsk region).
“The won tender confirms our high expertise in mechanical engineering. This contract opens up a new, extremely demanding market for us. The manufacture of such products also opens up the prospect of working for Corum Group in the Ukrainian market in the direction of supplying components and spare parts for railway transport,” CEO of Corum Group Mykhailo Potapov said.
Corum Group is a leading manufacturer of mining equipment in Ukraine, part of the energy company DTEK Energy. It unites the machine building enterprises Corum Svitlo Shakhtaria, Corum Druzhkivka Machine Building Plant, Corum Shakhtspetsbud and Corum Repair, as well as foreign trading companies and representative offices.
Great Britain, Canada, Sweden, Switzerland and the United States are planning to create a fund at the end of January 2022 to help Ukraine with financing of GBP 35 million over three years.
“We are talking about the creation of an international fund ‘Partnership for a Strong Ukraine.’ This is a common initiative of Great Britain, Canada, the United States, Switzerland and Sweden. The official start of the work of the fund is planned this month. The agreement is to be signed on January 31,” the Ministry for Reintegration of the Temporarily Occupied Territories of Ukraine press service said.
The goal of the fund is to support long-term sustainable development and increase the resilience of the communities affected by Russian aggression, prevent further escalation and prepare for a smooth and unhindered social, economic and political reintegration of the temporarily occupied territories.
According to the statement, the main projects to be implemented in 2022 with the help of the Fund will be: projects on energy efficiency, strengthening and viability of communities.
National bank of Ukraine’s official rates as of 25/01/22
Source: National Bank of Ukraine
