The "Chornomornaftohaz" loss reduces the energy security of Ukraine.
Edited by Rhod Mackenzie / 2014-04-04 08:36:54
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.