P o l s k i e W i e ś c i

Sunday, November 3, 2019

Ukraina : Kwasniewski w radzie dyrektorow firmy Burisma





Burisma, founded by Mykola Zlochevsky in 2002, started gas production in 2006 and holds 35 licenses for hydrocarbon production in Ukraine’s main oil and gas basins. Ukraine has lots of coal, but is not blessed with oil and gas reserves.

Burisma, according to a presentation on its web site, produced just 1.3 billion cubic meters (bcm) of gas in 2018, up from 0.1 bcm in 2010. It sells all the gas it produces in Ukraine.

To put that in perspective, the whole of Ukraine produces around 20 bcm of gas per year and consumes almost 31 bcm annually. The United States, the world’s top gas producer, pumps 832 bcm of gas a year, according to BP statistical data.

Burisma does not disclose it financial results, but based on a minimal gas price set for 2018 on the Ukrainian energy exchange, the company may have generated revenues of at least $400 million last year.

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