Kiev has run out of money for oil and gas production

15 August 2018, 22:44 | Economy
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So necessary for the post-Maiden authorities own fuel resources while remain uncharted in the Black Sea water area of ??Ukraine. Geologists elementary lack of money for exploration and exploratory drilling. Apparently, the cathedral will not soon declare itself energetically independent from the "aggressor country". "Iskatel research vessel returned from the expedition to search for oil and gas on the shelf of the Black Sea. Now work is under way to process geochemical and geophysical data, exploratory drilling is not foreseen, "the State Service of Geology and Mineral Resources of Ukraine said on August 15. According to Oleg Kirilyuk, the head of the department, there is not enough funding to find minerals. At the same time, he noted that the scientific work on the detailing of promising oil and gas fields is at an early stage. "Marine research and processing is a costly process both in time and in funds. Since in recent years the annual budget of the State Geogeneration for exploration works in the industry is only 100 million UAH (about 240 million rubles), then the final terms of completion of the studies will depend, first of all, on the level of their financing.

Therefore, the question of exploratory drilling in this territory is not worth it today, "Kirilyuk stressed.. He drew attention to the fact that the cost of one well in the Dnieper-Donets Basin is 150-200 million USD, and the cost of drilling 1 m of wells in water areas is within $ 10 thousand. Research vessel Iskatel in the beginning of July went to an expedition to conduct seismic operations within the Kili-Zmeynogo ledge of the north-western shelf of the Black Sea (Odessa region) in order to justify the prospecting works. Geological exploration discovered there the reserves of blue fuel at the end of 2016.

However, it is extremely necessary for foreign investors to invest from abroad, because the country does not have sufficient technological means for such research and, especially, extraction. And even the best now friends of Kiev - American companies - do not have a serious interest to enter the small Ukrainian energy market. According to Kirilyuk, the approved gas reserves on the sections of the Black Sea shelf, controlled by Kiev, are about 37 billion. cube. Also about 10 billion. cube. of blue fuel stores the shelf of the Azov Sea.




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