Belorusneft to conduct 50 more hydraulic fracturing operations for Ukrgazvydobuvannia

10:05, 19.10.2018 1 min read

 OJSC Ukrgazvydobuvannia on October 4 signed a contract with state-owned enterprise Belorusneft for conducting 50 hydraulic fracturing operations.

According to a report in the ProZorro e-procurement system, the cost of the contract would be UAH 317.999 million (VAT included). The operations are to be completed by November 2019.

As reported, after a tender held in August, Romania's Tacrom won one lot for conducting 50 hydraulic fracturing operations and Belorusneft won two lots of 50 operations each. The contract with Tacrom for the amount of UAH 318.7 million (VAT included) was signed on September 17. A contract with Belorusneft for the amount of UAH 318.491 (VAT included) is pending signatures.

Ukrgazvydobuvannia, which is wholly owned by NSJC Naftogaz Ukrainy, is a large gas processing company, which accounts for about 75% of total gas output in the country.