Polish oil and gas company PGNiG buys Ukrainian firm to drill gas in Western Ukraine


An employee of state energy company Naftogaz drills for gas at the Zakhidno-Sosnivske gas field on June 24, 2020.

Poland’s state-owned oil and gas company PGNiG has bought a Ukrainian company that holds a license to drill natural gas wells in an area near the Polish border. 

Under the deal signed on Aug. 30, PGNiG will acquire 85% of the shares in Karpatgazvydobuvannia from Energy Resources of Ukraine (ERU) Management Services. 

Source: www.kyivpost.com

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