05.07.2009

The National Joint Stock Company Naftogaz of Ukraine is the leading enterprise in Ukraine’s fuel and energy complex, one of the biggest Ukrainian companies. Naftogaz of Ukraine produces one eighth of the gross domestic product of Ukraine and provides one tenth of the State budget revenues. The total number of the Company’s employees is 170 thousand people, which is about 1% of Ukraine’s employable population. NJSC Naftogaz of Ukraine is a vertically integrated oil and gas company engaged in full cycle of operations in gas and oil field exploration and development, production and exploratory drilling, gas and oil transport and storage, supply of natural gas and LPG to consumers. Over 97% of the oil and gas in Ukraine is produced by the enterprises of the Company. > >

Nox reduction methods include the use of “low Nox burners”. These specially designed burners restrict the amount of oxygen available in the hottest part of the combustion chamber where the coal is burned. This minimizes the formation of the gas and requires less post-combustion treatment

A reddish-brown gas that is a strong oxidizing agent, produced by combustion (as of fossil fuels). The reactive oxides of nitrogen in the atmosphere are largely NO and NO2, known together as NOx. During the day, there exists a rapid interconversion of NO and NO2.

Short piece of pipe, especially if threaded at both ends with male threads. A tubular pipe fitting threaded on both ends used for making connections between pipe joints and other tools

To put together, connect parts or otherwise make ready for use. Term especially used for the installation of a blowout preventer

To take apart, disassemble and otherwise prepare to move the rig or blowout preventer

The offshore part of the Nile delta is an emerging gas and condensate province. Successful exploration activities in the area is one of the reasons that first brought BG to carry out oil and gas exploration activities offshore Israel

The volume of natural gas liquids (in barrels) contained in 1 million cubic feet of gas in a known or postulated gas accumulation

New Energy Finance is a specialist provider of information and research to investors in renewable energy, low-carbon technology and the carbon markets. It operates across all sectors of renewable energy and low-carbon technology, including, wind, solar, biofuels, biomass, and energy efficiency, as well as the carbon markets. An estimated total of $148.4bn was invested in clean energy technologies, companies and projects in 2007. New Energy Finance tracks and analyses this investment activity on a global basis, across all the key markets for clean energy. The company’s clients include venture capitalists, private equity providers, asset managers, investment banks, project developers, corporates and advisors.