The Sakarya gas field, 170 kilometres out to sea, was discovered in August 2020.
The state enterprise illegally mined more than 50 thousand tons of coal.
The company has released production figures for 11 months of this year.
The company discovered a new field with prospective resources of up to 5 billion cubic meters of gas.
The President will introduce the relevant draft law by December 10.
Baltic Pipe is a gas pipeline project connecting Norwegian gas fields with Denmark and Poland.
Exxon Mobil Corp. agreed to sell its 50% stake in a deepwater natural gas project in the Black Sea to Romania’s state-owned Romgaz SA for $1.06 billion.
The site, according to preliminary estimates, has significant prospects for the development of gas deposits.
The company continues to work towards the transformation of Ukrnafta.
Ukrnafta has started drilling an oil well at the Verkhneomaslivetske field in Skole district of Lviv region.
The company plans to use basin analysis to assess the oil and gas potential of the sites.