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Yuzovsky oil and gas site cost Naftogaz $15 million

Yuzovsky oil and gas site cost Naftogaz $15 million

The transaction was concluded at the estimated value of the enterprise

 

According to Taras Kuzmich, Head of the Board of NJSC “Nadra Ukrainy”, NJSC “Naftogaz” paid $15 million for the acquisition of 100% in the authorized capital of “Nadra Yuzovskaya” LLC.

Taras Kuzmich added that the amount of funds that Naftogaz will pay for Nadra Yuzovskaya includes not only all its expenses, but also a lot of investment obligations.

"Nadra Yuzovskaya" owns a special permit for the Yuzovsky site until 2063.

Yuzovsky site with an area of ​​7,886 km2 is located in the Dnipro-Donetsk oil and gas basin on the territory of Donetsk and Kharkiv regions. The field can produce up to 20 billion m3 of gas per year.

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