PJSC Ukrnafta will raise UAH 4 billion in loans from Ukrgasbank to drill new wells and build and commission gas piston units, the company’s press service said on Friday.
“The borrowed funds will be used to finance drilling and production stimulation programs and the construction of modern gas piston stations,” said Sergiy Koretsky, Ukrnafta’s director.
As reported, Ukrnafta has announced 16 tenders for the purchase of gas reciprocating power plants with a total capacity of 63.59 MW-76.4 MW. These are plants with a capacity of 1-1.3 MW (two sets), 1.6-2.1 MW (one), 1.95-2.5 MW (two), 2.4-3.1 MW (three), 2.94-3.7 MW (one), 3.9-4.5 MW (three), 4.4-5.2 MW (one), 5.85-6.8 MW (one), 12-14.1 MW (two). The start of the auctions has been extended by two weeks to September 9-10, 2024.
“In 2023, Ukrnafta increased oil and condensate production by 3% (by 39.9 thousand tons) compared to 2022, to 1.4 million tons. Last year, Ukrnafta produced 1.097 bcm of natural and associated petroleum gas, which is 5.8% (60.4 mcm) more than in 2022.
“Ukrnafta is the largest oil producer in Ukraine and the operator of the national network of filling stations. In March 2024, the company took over management of Glusco’s assets and operates 545 filling stations – 460 owned and 85 managed.
The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTA cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief’s Office of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company, which belonged to private owners and is currently managed by the Ministry of Defense.
