Public joint-stock company Ukrgazvydobuvannia and Germany’s BASF chemical concern have signed a three-year contract for supply of fuel additives for Shebel fuel, the press service of Ukrgazvydobuvannia has reported. Under the contract, two specially designed packages will be supplied: Keropur 3802 Shebel and Keropur DP Shebel. Keropur 3802 Shebel package is required to receive fuel with best purification behavior, and Keropur DP Shebel also has good purification behavior, it reduces foaming behavior and increases cetane number.
“The fuel additive packages allow saving on fuel consumption, have good corrosion resistant behavior and reduce engine deterioration,” the press service of Ukrgazvydobuvannia said.
Ukrgazvydobuvannia, which is wholly owned by NSJC Naftogaz Ukrainy, is a large gas processing company, which accounts for about 75% of total gas output in the country.
It operates Shebelynka gas refinery, Yablunivske department to process gas, Bazylivschyna condensate stabilization unit, and 19 filling stations in Kharkiv region. The latter sells fuel and liquefied gas of its own production. Shebelynka gas refinery started production of petrol and diesel fuel of Euro 5 emission standard in 2018.
JSC Ukrgazvydobuvannia in January-May 2018 increased gas production by 1% or 0.063 billion cubic meters (bcm) year-over-year, to 6.288 bcm, the company’s press service reported last week. The press service said that this production volume in the first five months of the year was reached for the first time since 2014. “For the fourth consecutive month, the company has been increasing daily gas production within the limits of 1 million cubic meters due to all types of operational activity, but since the existing resource base of the company is almost 70% depleted, the natural decline exceeds the growth. The non-issue of new licenses hinders the development of the new resource base of Ukrgazvydobuvannia,” the head of the company, Oleh Prokhorenko, said.
At the same time, he said that the company from the end of this month overcame the May negative factor and moved to the actual increase in daily production compared to last year.
The press service said that in the third and fourth quarters of 2018, Ukrgazvydobuvannia plans to launch new technological capacities: eight booster compressor stations, an increase of up to 50 tools for work-out of wells of external contractors, ten coiled tubing and nitrogen units, and the launch of new wells of external drilling contractors.
Ukrgazvydobuvannia, which is wholly owned by NSJC Naftogaz Ukrainy, is a large gas processing company, which accounts for about 75% of total gas output in the country.
JSC Ukrgazvydobuvannia has discovered a new field in Kharkiv region, getting commercial gas inflow of 249,000 cubic meters a day from a wildcat, the company’s press service has reported.
The press service said that at the stage of geological exploration the possible reserves were 0.3 billion cubic meters (bcm) and prospective resources are estimated at over 1.5 bcm.
The company said that after receiving the deposit use license, the field and the well were launched in short terms – in 17 calendar months.
The press service said that the period from the issue of a license to commercial use of fields is from two to four years. If new licenses are issues, next gas inflow could be seen no earlier than in two years.
Poltava Regional Council for two years refused to approve licenses over 60 times, and the country would not receive around 1 bcm of gas in 2018.
“The development of new fields is a laborious process that requires the consolidation of scientific, engineering and significant financial efforts. The receipt of licenses does not guarantee 100% of the start of economically expedient exploitation of a field, especially since this process is stretched in time, therefore the company constantly announces the current problem regarding delays in the issuance of new licenses that have not been solved for a long time,” Director of Geology of Ukrgazvydobuvannia Myron Kucher said.
Public joint-stock company Ukrgazvydobuvannia has signed three agreements with Solar Turbines International Company and Solar Turbines Europe (subsidiaries of Caterpillar Inc., the United States) to supply equipment for $59.276 million.
According to tenders held in the ProZorro e-procurement system, the cost of three turbo-compressor units with tandem compressors C61 and gas turbine engine Mars100 will be $40.01 million, turbocharger unit with compressors of C61 and C51 types and gas turbine engine Titan130 – $15.485 million, gas turbine engine Taurus70 – $3.78 million.
The equipment is purchased for the Chervonodonetska and Khrestyschenska booster compressor stations. The delivery date is the third-fourth quarters of 2018.
Ukrgazvydobuvannia, which is wholly owned by NSJC Naftogaz Ukrainy, is a large gas processing company, which accounts for about 75% of total gas output in the country.
It operates Shebelynka gas refinery, Yablunivske department to process gas, Bazylivschyna condensate stabilization unit, and 19 filling stations in Kharkiv region. The latter sells fuel and liquefied gas of its own production. Shebelynka gas refinery started production of petrol and diesel fuel of Euro 5 emission standard in 2018.
Public joint-stock company Ukrgazvydobuvannia in January-March 2018 decreased net profit by 6.4% or UAH 504.3 million year-over-year, to UAH 7.324 billion.
According to a company report on its website, net revenue over the period grew by 4% or UAH 721.512 million, to UAH 18.685 billion.
Gross profit fell by 5.9% or UAH 599.587 million, to UAH 9.606 billion.
Ukrgazvydobuvannia, which is wholly owned by NSJC Naftogaz Ukrainy, is a large gas processing company, which accounts for about 75% of total gas output in the country.
It operates Shebelynka gas refinery, Yablunivske department to process gas, Bazylivschyna condensate stabilization unit, and 19 filling stations in Kharkiv region. The latter sells fuel and liquefied gas of its own production. Shebelynka gas refinery started production of petrol and diesel fuel of Euro 5 emission standard in 2018.
Public joint-stock company Ukrgazvydobuvannia saw a 2.6-fold rise in net profit in 2017, to UAH 30.473 billion (around $1.16 billion).
According to a report of the company audited by Deloitte and posted on its website, net revenue in 2017 grew by 36.4%, to UAH 75.092 billion, and gross profit soared 2.2-fold, to UAH 42.062 billion.
Ukrgazvydobuvannia saw a 37.4% rise in revenue from natural gas and oil sales in the amount of UAH 67.351 billion, and a 44.1% rise in fuel sales, to UAH 5.151 billion, a 36.8% rise in liquefied petroleum gas (LPG) sales, to UAH 1.823 billion, a 53.7% fall in provision of fossil fuel production and preparation services, to UAH 321.959 million and a 7.95 rise in sales of other goods and provision of other services, to UAH 446.187 million.
Ukrgazvydobuvannia, which is wholly owned by NSJC Naftogaz Ukrainy, is a large gas processing company, which accounts for about 75% of total gas output in the country.
It operates Shebelynka gas refinery, Yablunivske department to process gas, Bazylivschyna condensate stabilization unit, and 19 filling stations in Kharkiv region. The latter sells fuel and liquefied gas of its own production. Shebelynka gas refinery started production of petrol and diesel fuel of Euro 5 emission standard in 2018.
