Business news from Ukraine

SMART ENERGY OFFERS UKRGAZVYDOBUVANNIA TO RESUME GAS WELL IN KHARKIV REGION

The Smart Energy Group has sent a proposal to Ukrgazvydobuvannia to resume one of the wells of the Hostroverkhivske field (Kharkiv region), the group’ press service has reported. The deposit use license for the field belongs to Smart Energy, while the well belongs to Ukrgazvydobuvannia.
Ukrgazvydobuvavnnia, 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.
Smart Energy is the managing company in Smart-Holding Group of Vadim Novinsky. It is responsible for the development of projects in the field of hydrocarbon production and alternative energy.

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