Contact Us Search HOME WHO WE ARE WHERE WE OPERATE OUR RESPONSIBILITIES INVESTOR CENTRE MEDIA CENTRE Operations Map Ukraine Novo-Nikolaevskoye Complex Elizavetovskoye Russia Hungary Slovakia Asset Portfolio Home > Where We Operate > Ukraine Ukraine In Ukraine JKX's wholly-owned subsidiary Poltava Petroleum Company (‘PPC’) is one of the largest non-state producers of oil and gas in Ukraine. PPC holds 100% interest in five production licences in the Poltava region of Ukraine: Ignatovskoye, Molchanovskoye, Novo-Nikolaevskoye and Rudenkovskoye contain distinct fields which together cover 127sq.km. and form the Novo-Nikolaevskoye Complex; and the Elizavetovskoye production licence which covers an area of 70.8sq.km. and was issued in November 2014 for a period of 20 years. PPC also holds the Zaplavskoye exploration licence being Zaplavskoye (within the Novo-Nikolaevskoye Complex) which comprises a total exploration area of 197.5sq.km. PPC was established in 1994, initially focusing its efforts on four fields located within the Novo-Nikolaevskoye Complex located in the Poltava region of Ukraine. Production of commercial quantities of oil and gas began in 1995. JKX has maintained its leading position as one of the largest non-state producers of oil and gas within Ukraine. PPC continues to be the only non-state oil and gas company with a connection to the Souyez pipeline which transports gas directly into Ukrainian and European markets. Liquefied Petroleum Gas ('LPG') production facilities During 2011 PPC initiated production and sales of LPG at the central production facility. The process extracts propane and butane from the export gas stream for sale as LPG. This reduces the gas available for export however the value of the LPG revenue stream enhances PPC’s economic performance by increasing overall realisations from its gas production. The LPG processing plant was designed and built in Canada and loading facilities were constructed in Ukraine. The off-take of daily LPG production is contracted to pre-qualified wholesale distribution companies and dispatched by road tanker. Operations Map Image Gallery View Images Our People Meet the people working at JKX WHO WE ARE Our Strategy Our Markets Our History Our Board Our People WHERE WE OPERATE Operations Map Ukraine Russia Hungary Slovakia Asset Portfolio OUR RESPONSIBILITIES Governance Corporate Social Responsibility Code of Conduct INVESTOR CENTRE Why Invest in JKX? Key Financial Data Download Centre Share Price Shareholder Centre Regulatory News Financial Calendar Email Alerts Investor Contacts MEDIA CENTRE Press Releases Image Gallery Site Map Accessibility RSS News Email Alerts Terms and Conditions © 2016 JKX Oil and Gas plc.