Investments in new assets of Naftogaz, both on land and on the shelf, are necessary for the "green transition"

According to him, the demand for natural gas will remain high until the completion of the "green transition". To cover it, it will not be enough only to extract gas from "old" deposits. It is necessary to discover and learn new ones.

"We have a large gas production potential, one of the largest in Europe (+300 billion cubic meters of gas resources only on the shelf), and the issue of its effective development does not lose its relevance, but even grows. But for this, it is necessary to invest funds that are comparable to investments in gas for all the years of independence. This is a matter of national importance. As a national company, we are working on its solution, but we also count on the support of all parties," said Romanyuk.

He said that the company has quickly started implementing strategic projects on new promising assets acquired in the first half of 2021, capable of increasing Naftogaz's resource base by 5 times.

For these reasons, geological studies of offshore areas have already begun, and preparatory work is underway for major well repairs and new drilling at Yuzivska Block, as well as fieldwork on areas in accordance with production sharing agreements.

It should be noted that the key obstacle to mining, the manager named the consequences of the law on public procurement in the current version, which already has a significant impact on the company's production indicators, as well as the lack of approvals from the local authorities to start work on the Yuzivskaya area.