UkrGasVydobuvannya
![]() | You can help expand this article with text translated from the corresponding article in Ukrainian. (November 2019) Click [show] for important translation instructions.
|
![]() | |
Native name | УкрГазВидобування |
---|---|
Company type | Public joint-stock company |
Industry | Natural-gas processing |
Founded | 1998 |
Headquarters | Ukraine, |
Key people | Oleg Prokhorenko (CEO) |
Services | Exploration of gas and gas condensate reserves |
Parent | Naftogaz |
Website | http://www.ugv.com.ua/ |
The state-owned public joint stock company UkrGasVydobuvannya (Ukrainian: ПАТ "Укргазвидобування") is the largest Ukrainian gas producer.[1] It is a vertically integrated company with a complete production cycle: from exploration of gas and gas condensate reserves, field development, transportation, gas processing and condensate and oil refining to sales.[2]
The company is Ukraine's largest natural gas producer, producing 70% in the country's production.[3]
History
UGV is a subsidiary of a state-owned National Joint-stock company "Naftogaz of Ukraine".[4]
UGV was founded in 1998 by a merger of gas extracting divisions of SC "UkrGasProm" and some other Ukrainian gas extracting companies.[5]
Company activities
In 2015 the company produced 14.5 bn m3 of gas in 2015, which accounts for 75% of total gas production in Ukraine. It increased natural gas production in 2017 by 4.8%, to 15.25 bcm.[3] UGV also produced more than 20% of all oil and condensate in Ukraine.
In 2016 its subsidiary "Shebelinka Refinery" launched production of Euro 4 and higher standards gasoline (according to European emission standards classification) and Euro 5 Standard diesel fuel.[6]
Company structure
- Drilling division “UkrBurGas”
- 3 gas extraction divisions: “PoltavaGasVydobuvannya”, “ShebelynkaGasVydobuvanna” and “LvivGasVydobuvannya”
- Gas and gas condensate refining divisions (Shebelynske and Yablunivske)
- Scientific research center “UkrNDIGas”
- Construction and assembling operations division “Ukrgasspecbudmontazh”
- Center of geophysical research “UkrGasPromGeoPhysics”
- Service company "UGV-Service”
- Specialized emergency rescue service "Likvo”
- Health center “Chervona Ruta”
Areas of extraction include Kharkiv, Poltava, Sumy, Donetsk, Lugansk, Dnipropetrovsk, Lviv, Ivano-Frankivsk, Carpathian Ruthenia and Volynska regions. Exploration activities are carried out in the Dniprovsko-Donetska cavity and the Carpathian Mountains.
UGV Transformation
The current chairman of the UGV Board Oleg Prokhorenko was appointed in June 2015 as a result of an open selection process initiated by the Government of Ukraine.[7]
The current management team has adopted the 'Strategy 20/20' which envisages the increase of own natural gas production to 20 bn m3 in 2020. The strategy focuses on improving the economic efficiency of Company's assets, optimization of internal functions, fight against corruption and deregulation.[8]
See also
External links
- Naftohaz Ukrayiny – Official website
- Official website of Ministry of Fuel and Energy of Ukraine
- Zanuda, A. 20 years of Ukraine-Russia gas relations: want a peace – be ready for a war (20 років україно-російських газових відносин: хочеш миру – готуйся до війни). BBC Ukraine. 7 February 2013.
- Lisnychuk, O., Sushko, O. Are the political-economic groups an obstacle for political development in Ukraine? (Чи є політико-економічні групи перешкодою для політичного розвитку України?). Friedrich Ebert Foundation, Regional representation in Ukraine, Belarus and Moldova. Kiev, 2005
- Yeryomenko, A. "Naftogaz Ukrayiny": Brief history in events and personalities («НАФТОГАЗ УКРАЇНИ»: КОРОТКА ІСТОРІЯ В ПОДІЯХ ТА ОСОБАХ). Mirror Weekly. 23 May 2003.
- Bloomberg. Company Overview of Ukrgasvydobuvannya Public Joint Stock Company
- Naftogaz group companies top the list of largest taxpayers in Ukraine
- Ukrgasvydobuvannya earned additional 11 million UAH on Ukrainian Energy Exchange
References
- ^ "Naftogaz ordered to repay $80 mln debt to its subsidiary". RAPSI. Retrieved 29 June 2017.
- ^ "History - ПАТ Укргазвидобування". ugv.com.ua. Retrieved 29 June 2017.
- ^ a b Ukrgazvydobuvannya opens another gas field in Ukraine's Kharkiv region, UNIAN (08 June 2018)
- ^ "Types of Activities". www.naftogaz.com. Retrieved 29 June 2017.
- ^ "Ukrgasvydobuvannya Public Joint Stock Company: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 29 June 2017.
- ^ "На Шебелинском ГПЗ начали выпуск бензина Евро-5". Retrieved 29 June 2017.
- ^ "Oleg Prokhorenko: Corruption threatens to choke reforms of state gas producer - KyivPost". Retrieved 29 June 2017.
- ^ ""UGV company overview and 20/20 strategy" (PDF). Energy Community Ukraine. Retrieved 21/03/17" (PDF). Retrieved 29 June 2017.
- Oil and gas companies of Ukraine
- Ministry of Energy and Coal Mining (Ukraine)
- Companies based in Kiev
- Government-owned companies of Ukraine
- Naftogaz
- Oil companies of Ukraine
- Natural gas companies of Ukraine
- Natural gas pipeline companies
- Energy companies established in 1991
- Non-renewable resource companies established in 1991
- Ukrainian companies established in 1991
- Natural resource conflicts
- National oil and gas companies
- Ukrainian brands