Naftogaz is considering the development of hydrocarbon deposits in Algeria

National Joint Stock Company Naftogaz of Ukraine is considering the possibility of participation in tenders for the development and exploitation of hydrocarbons in Algeria, as well as new areas in Egypt.

of the Ukrainian News press-service company.

NJSC Specialists are currently working on material presentation of tenders Algerian state agency on the use of hydrocarbon resources (ALNAFT) and the Egyptian company Ganope, which were received in July 2009.

The company also stresses that the continued active pursuit of other existing investment projects abroad.

In particular, in accordance with the project Ukraine, Egypt, during August 2009 is continuing the drilling of wells Sedfa-1x (depth on August 5, at 2 770 m).

June 23, started drilling wells Hend-1x (depth on August 5, at 1 416 m).

In addition, the company has completed the tender for the rental of the machine to overhaul the well, and will soon be concluded agreements with contractors.

also completed site preparation for drilling Noura-1 and Mosaad-1.

In accordance with the project Ukraine, United Arab Emirates, during July 2009 NAC continued drilling Hamad-1 (project depth of 5 500 m) on land unit with the license of Al-Fujairah Emirate.

depth on August 5, at 3 160 m (July probureno 1 014 m).

also held talks with the company Abraj Energy Services (UAE) on the reduction of daily rental rate of the drilling rig.

addition, Naftogaz has reached an agreement with the Government of the Emirate of Al-Fujairah on the early release of a bank guarantee for the land units, presented by the company of $ 4.25 million.

Naftogaz Ukraine considers that the continuation of work on these fronts will help to accelerate the process of diversifying sources of energy supply, and will contribute to the formation of the world's image of Ukraine as a powerful energy state.

As reported, 13 December 2006 between the Egyptian General Petroleum Corporation and Naftogaz of Ukraine was entered into a concession agreement for the development of the Alam El Shawish area of 994 sq. km. km in the Western Desert of Egypt.

February 18 in 2009 from the first hole of intelligence Hg-34 /3, a depth of 3 505 meters, received the influx of oil flow 80 tons (588 barrels) per day.

In accordance with the product before the end of the year is scheduled proburit 5 exploratory wells in the southern part of the block Alam El Shawish western desert, the general mining resources amount to 60 million tons.

January 26, 2005 - signed a contract to share the division of production between the Government of the Emirate of Al-Fujairah (UAE) and NAKom Naftogaz Middle East LLC, which provides for carrying out prospecting and exploration of hydrocarbon deposits in the territory of the Emirate of Al-Fujairah, and the case of stocks - their development and operation.

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