UkrGazVydobuvannya to hike upstream capex 41%

摘要

Kiev, Ukraine—Ukraine’s largest natural gas producer UkrGazVydobuvannya (UGV), a subsidiary of state-owned Naftogaz Ukrayiny, plans to raise spending by 41% this year in exploration and production in an attempt to reverse the country’s recent gas output decline, the company said January 30.