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East Europe Petroleum LLC gets another 11 special permits for gas production
12:45, 8 November 2017
East Europe Petroleum LLC gets another 11 special permits for gas production

Development of new fiends allows to raise energy self-sufficiency of Ukraine and provide local and state budget revenue

12:45, 8 November 2017

Open source

State Service of Geology and Mineral Resources of Ukraine granted East Europe Petroleum LLC (earlier LLC Golden Derrik) another 11 special permits for natural resources management. The data was published on the official website if the Geology State Service, reported by Ukrainian News.

According to the orders on special permits published in the website of the Geology State Service on November 8, 2017, 11 special permits to develop new mining fields I Poltava region were issued to East Europe Petroleum LLC.

Related: Omitting "Naftogaz:" Why is it profitable for foreigners to sell gas in Ukraine?

Development of new fiends allows to raise energy self-sufficiency of Ukraine and provide local and state budget revenue.

Related: Paradise Papers: Ukraine’s gas top manager owned offshore company, which existed for 14 months

The state represented by the national joint stock company Nadra Ukrayny together with Cyprus company Hartlog Limited (which belongs to Moldova businessman Anatolu Stati according to the open data) owns the East Europe Petroleum LLC.

Related: Naftogaz claims to not hold monopoly position at gas market in Ukraine

Currently East Europe Petroleum LLC owns 19 different special permits for gas and oil licensed fields.

Related: Who will pay for cheap gas for unrecognized Donbas republics?

 

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