Economy 2022-07-15T08:10:27+03:00
Ukrainian news
SBU, PGO Searching UkrGasVydobuvannya Office

SBU, PGO Searching UkrGasVydobuvannya Office

PGO, sbu, search, gas, UkrGasVydobuvannya

Representatives of the Security Service of Ukraine (SBU) and the Prosecutor General's Office (PGO) are holding search at the premises of the regional division of the UkrGasVydobuvannya public joint-stock company, the largest Ukrainian gas-producing company.

UkrGasVydobuvannya Board Chairperson Oleh Prokhorenko has written this on Facebook, Ukrainian News Agency reports.

"Yesterday, we announced we increased the production of gas by 171 billion cubic meters in the first half of 2017. Today, the SBU and PGO are searching our office. It seems that someone does not like our hard work in attraction of foreign servicing companies, in creating oil and gas servicing market, our attempts to work transparently and honestly," he wrote.

The searches are conducted under respective award of the Pecherskyi District Court of Kyiv dated June 29, 2017.

The appeal was submitted by the PGO.

In compliance with the court's ruling, the SBU and PGO officers have to withdraw documents related to cooperation between UkrGasVydobuvannya and Tacrom Services S.R.L (Romania) and RUP state-run enterprise of the Belorusneft (the Republic of Belarus).

UkrGasVydobuvannya notes that withdrawal of documentation important for the technological process will destabilize the largest gas producing enterprise of Ukraine and put at risk the implementation of the governmental program on increase of natural gas production.

According to press service of the PGO, pretrial investigation detectives found out that UkrGasVydobuvannya officials in collusion with officials from the foreign companies embezzled state funds in especially big amount in 2016-2017.

In particular, in 2016, UkrGasVydobuvannya conducted four tenders for hydraulic fracturing at the wells on books of the company.

The tender conditions envisioned 100 hydraulic fracturing operations worth the total of about UAH 400 million.

As Ukrainian News Agency earlier reported, law enforcement officers searched UkrGasVydobuvannya in April 2017.

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