Assets lost by Neftegaz in Crimea amount to 15.7 billion grn

As a result of ceasing operation in Crimea, the Ukrainian state gas company Neftegaz posted a loss of 13.8 billion grivnas for last year. In addition, assets lost by Neftegaz in the Russian peninsula are estimated at 15.7 billion grn.

There are 15 deposits of natural gas and oil in Crimea and the Black Sea shelf. Their reserves amount to about 50 billion cubic meter of gas, 3.5 million tons of oil and a million tons of gas condensate.

Let’s journey back in time to March 16, 2014. More than 96% of Crimea’s population voted in favor of secession from Ukraine and joining Russia. The referendum attracted 83% voter turnout. Importantly, opinion polls showed that 91% of citizens of Russia approved of the reunification of Crimea with their country.