JKX to invest $50 million into exploration and production of hydrocarbons in the Ukraine
Edited by Rhod Mackenzie / 2013-07-15 04:55:36
In 2013, the British oil and gas company with assets in the Ukraine intends to invest up to $50 million into exploration and production of hydrocarbons in the Ukraine, the Financial Director of the joint venture Poltava Petroleum Company (PGNK, a part of JKX Oil&Gas) Eugenie Palenko reported.
“This year is the year of intensified investment growth for us. We haven’t had such program for two or three years already. As for planned investments in this year, we may speak about amounts of up to $40-50 million,” – the UNIAN cites words of Palenko.
