PJSC “Ukrnafta” in 2023 plans to increase production of oil gas condensate by 6% compared to last year, the company’s director Sergiy Koretskyy said.
“We have set the task not just to keep the natural production decline, but to increase production already this year by 6%,” he wrote on his Facebook page, without specifying the expected volumes.
According to him, Ukrnafta plans to increase its drilling this year, an ambitious development strategy is being formulated, and goals for buying new licenses have been set.
Koretskyy noted that the company has passed compliance procedures of two state and one private bank, credit lines have already been opened for all three;
In addition, “Ukrnafta” is working on the return of multibillion hryvnia accounts receivable and expects that the optimization processes carried out in a short time will bring hundreds of millions of hryvnia savings in annual terms.
The budget for 2023 was formed with record targets for net profit, he said.
As reported, the Supreme Commanders of November 5, 2022 decided during martial law to withdraw to the state as the military property of the shares “Ukrnafta” (except for the controlling stake in NAK “Naftogaz of Ukraine”). Before the seizure, the structures of Ihor Kolomoyskyy and Hennadiy Boholyubov owned about 42% of Ukrnafta shares.
“Ukrnafta owns 85 special permits for production of hydrocarbons. On its balance sheet there are 1809 oil and 153 gas wells. The company owns 537 gasoline stations, of which 448 were operational at the beginning of February 2023. The rest were either damaged as a result of military operations or are located in the temporarily occupied territories.
DRILLING, PRODUCTION, UKRNAFTA
