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Business    

Ukrnafta to boost oil production 6% on year in 2023: CEO
Journal Staff Report

KYIV, April 18 – Ukrnafta plans to increase oil production by 6% in 2023, for which it is going to invest UAH 5.5 billion in drilling, repairs and licenses for new fields, the company's press service has reported.

"It is planned to provide about UAH 1.5 billion for the drilling of three new wells and three sidetracks, as well as preparation for drilling at least eight wells and related processes in 2024," Serhiy Koretsky, director of the company, said.




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