Slovaks won the oil and gas auction for the Vatazhkivska site
The competitors weren’t very keen to fight for the oil and gas bearing site in the Poltava Oblast
According to a Prozorro.Sales publication, Nafta RV LLC offered the highest price for a special extraction permit for the Vatazhkivska oil and gas bearing site sold at an auction held by the State Service for Geology and Extractable Resources.
Nafta RV competed with Optima Resource. In the first round of auction, Nafta RV offered UAH 6.795 million versus Optima Resource’s UAH 6.745 million. These bids held until the third round, when Nafta RV raised its bid to UAH 6.845 million. That price offer became final.
The Vatazhkivska site is located in the Poltava Raion of the Poltava Oblast. The special permit entitles the holder to geological exploration of the site’s oil and gas fields with the subsequent extraction of oil and gas during 20 years.
Nafta RV LLC is a subsidiary of NAFTA International B.V. (the Netherlands) and NAFTA a.s. (Slovakia), which in turn are held by a vertically-integrated group of companies, Energetický a Průmyslový Holding (EPH).
