Nafta Company in agreement in principle with the Oil and Gas Company of Ukraine – Capital Market

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The energy sector, led by Kobi Maimon and Haim Tzof, has signed a memorandum of understanding with Ukraine’s National Oil and Gas Company – “Naftogaz”. Nafta reports that most of the cooperation will be based on examining opportunities for exploration and production of oil and natural gas in Ukrainian territory, including the Black Sea.

According to the company, it sees in the “Black Sea region potential for gas or oil discovery, following discoveries made in the past; Turkey found a large gas reservoir in the Black Sea last August, according to Turkish President Recep Tayyip Erdogan, it is the largest reservoir ever found In the Black Sea and which should be produced as early as 2023.

Eran Landner, CEO of Nafta “The extensive potential for finding natural gas in the Black Sea has long been known. Past discoveries as well as relatively new discoveries in Romania and Turkey illustrate the potential inherent in this region. In this area, in order to try to prove the potential of the resources in it. ”

Nafta is a subsidiary (67.24%) of

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, Which also includes the companies Joel and Airport City. The group’s main assets are the Airport City complex near Ben Gurion Airport and the Isramco partnership – which owns 29% of the Tamar gas field.