Naftogaz Group will receive a EUR 36.4 million loan from the European Bank for Reconstruction and Development (EBRD) to upgrade drilling equipment for Ukrgasvydobuvannya, the company’s CEO Serhiy Koretsky said on his official Facebook page.
“The funds will be used to purchase new mobile drilling rigs for workovers. This will allow us to work with deeper and more technically complex fields and speed up the production resumption at existing facilities,” said Koretskyi.
By upgrading its drilling capacities, Naftogaz plans to increase gas production efficiency and reduce Ukraine’s energy dependence. The new equipment will ensure a more stable and sustainable level of production in the face of depletion of traditional fields.
As reported, in January-April 2025, JSC Ukrgasvydobuvannya commissioned 24 new wells, demonstrating active work to increase domestic gas production.
