The Prosecutor General's Office (PGO) of Ukraine says that new raids on Ukraine's largest state-run gas producer, PJSC Ukrgazvydobuvannia, have been conducted as part of criminal proceedings opened in May 2017 under Part 5 of Article 191 (misappropriation, embezzlement or possession of property by abuse of office).
Ukraine's largest gas producer, PJSC Ukrgazvydobuvannia, which is a Naftogaz fully-owned subsidiary, has intensified efforts on the additional exploration of gas fields in the west of the country, the company's press service reports.
Ukraine's largest state-owned gas producer Ukrgazvydobuvannia intends to raise $76 million in financing from the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) to implement a project to increase natural gas production from existing wells, according to the EBRD press service.