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Ukraine launches two new gas fields

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Sept. 5, 2012, 4:44 p.m. | Business — by Interfax-Ukraine

Chornomornaftogaz has commenced commercial production at the Odesa natural gas field on the Black Sea shelf. Ukrainian President Viktor Yanukovych gave the command to launch from Ukrtransgaz's main control room in Kyiv.
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Chornomornaftogaz has commenced commercial production at the Odesa natural gas field on the Black Sea shelf.

Ukrainian President Viktor Yanukovych gave the command to launch from Ukrtransgaz's main control room in Kyiv, an Interfax-Ukraine correspondent reported.

Following the Odesa field's launch, a new gas field in Poltava region was brought online, which has around 8 billion cubic meters (bcm) of gas reserves and planned production of 320-350 million cu m a year.

Representatives of Ukraine's national oil and gas company Naftogaz Ukrainy said that these projects were implemented as part of a strategy to boost own production, reduce imports of energy resources and ensure Ukraine's energy independence.

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