Ukrainian Journal reported that Naftogaz Ukrayiny extracted its first 100,000 barrels of crude oil from Gharadig oil deposit at the Alam El-Shawish East block in Egypt.

This is the first overseas hydrocarbons extraction project ever carried out by the Ukrainian national energy company.

Naftogaz built a system of collection and shipment of crude extracted from Gharadig oil deposit. Egyptian General Petroleum Corporation has allowed the Ukrainian company to hold an early oil production of up to 2,000 barrels per day.

(Source: Ukrainian Journal)