Pittsburgh-based EQT Corp. said it has donated oil and gas production equipment to Ukraine’s largest natural gas producer.
The equipment donation to JSC Ukrgasvydobuvannya will be used to restore damaged oil and gas production facilities and revive critical production in wartime conditions, EQT said.
Russia’s invasion of Ukraine a year ago has caused damage and destruction to dozens of Ukrgasvydobuvannya’s production facilities.
“Ensuring a reliable supply of energy is a challenge, not only for Ukraine, but for the entire world,” said Toby Z. Rice, president and CEO of EQT. “We are proud to support our fellow energy workers in Ukraine as they fearlessly continue production operations under the most difficult conditions.”
EQT is the largest producer of natural gas in the country.
The United States and the Ministry of Infrastructure of Ukraine supported the operation to deliver the equipment, which arrived in early February, EQT said.
Oleg Tolmachev, acting CEO of Ukrgasvydobuvannya, said the war has complicated the delivery of needed equipment.
“Certain equipment is just not readily available on the Ukrainian market,” Tolmachev said. “We are extremely grateful to EQT for helping us overcome some of these difficulties. Thanks to their generous donation, we will be able to repair damaged facilities much faster and implement critical production projects that will supply much-needed gas to our country.”
Ukrgasvydobuvannya produces 12.5 bcm of gas, which accounts for nearly 70% of total gas production in Ukraine.
