KIEV, Feb. 2 – Kiev’s EuroGas Ukraine Ltd. has bought three additional licenses for methane extraction in eastern coal mines in Ukraine, increasing the total number of coalmines to five, reports EuroGas, Inc. (the United States).
According to the report, all five licenses are subject to a cooperation agreement with Luhansk-based Nadra Luhanschyny Ltd., which is wholly owned by the owner of a 50% stake in EuroGas Ukraine Ltd. – OJSC New Technologies closed non-diversified venture corporate investment fund (Kiev).
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