The "Chornomornaftohaz" loss reduces the energy security of Ukraine.

The loss of Ukrainian State Enterprise "Chornomornaftohaz", which extracts oil and gas in the Crimea and in the waters of the Black and Azov Seas, will significantly reduce the country's energy security, RIA Novosti reports referring to the statement of Yuriy Prodan, the Ukrainian Minister of Energy and Coal Industry.

"The proven natural gas reserves in the region are 100 billion cubic meters of gas and probable reserves are about 3 trillion cubic meters of gas.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer