KIEV: As a result the country will accelerate the process of obtaining land to conduct oil and hazerswoude, as well as for the construction of mining and transport infrastructure. This will allow oil and gas companies to reduce the cost of the work, and also at a faster pace than now, to increase production of hydrocarbons.
“Naftogaz of Ukraine”, commenting on the page in Facebook the signing of this law, indicated that it is primarily interested in increasing production of natural gas: “the Expected effect – plus one billion cubic meters of gas annually.”
The new law allows a different angle to look at the recent statement of the head of the Ukrainian government Volodymyr Groisman. He said in particular that in 2020, Ukraine will become an exporter of natural gas.
“We need to stop importing gas. We focused on the program of increasing the production of Ukrainian gas. The company last year increased its production to 700 million cubic meters”, — quotes the Prime Minister the edition “Ukrainian truth”.
Currently own production gives Ukraine about 14 billion cubic meters of gas per year, approximately the same amount the country imports. In the case that, thanks to the new law, the oil and gas industry of the country will begin to increment by 1 billion cubic meters of production per year, 12-14 years Ukraine really will move to full self-sufficiency with gas.
