Business news from Ukraine

Business news from Ukraine

GEOLOGY SERVICE SELLS FIVE OIL, GAS FIELDS FOR UAH 14.8 MLN

12 November , 2015  

KYIV. Nov 12 (Interfax-Ukraine) – The State Service of Geology and Mineral Resources of Ukraine has sold five oil and gas fields for UAH 14.849 million with the starting price of UAH 2.759 million.

Bystrytska deposit (Lviv region) was most contested. During bidding, the price rose by 75.9 times from the starting of UAH 159,850 to UAH 12.130 million. The winner was Construction and Assembly Directorate No. 77 Zhytlopostach (Lviv), whose ultimate owner is Iryna Trush.

Pivdenno-Zaluzhanska area (Lviv region) was sold for UAH 607,740 with a starting price of UAH 567,740. The winner was Ukrainian Independent Geological Company (Kyiv), whose owner is Kostiantyn Sukhina.

Storonska field (Lviv region) was sold to Energo-InvestGroup LLC (Lviv) for UAH 367,540 with the starting price of UAH 357,540. The owners of the company are Andriy Masliuk, Yuriy Kuninets, and a Hungarian citizen.

Humenetska deposit (Lviv region) was sold to Nadra Service Group LLC (Lviv) for UAH 325,510 with the starting price of UAH 295,510. The ultimate owners of the company through Nafto-Gaz Service LLC are Vasyl Stets and Advanced Technical Geological Consulting Ltd. (Israel).